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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities:    
Net earnings $ 171 $ 199
Adjustments to reconcile to net cash (used in) provided by operating activities:    
Depreciation, depletion and amortization 210 221
Asset impairment charges 7 4
Restructuring and other charges (Note 20) 6 1
Loss on debt extinguishment 1 0
Pensions and other postretirement benefits (28) (41)
Active employee benefit investments (30) 3
Deferred income taxes (Note 12) 36 38
Net gain on sale of assets 0 (2)
Equity investee (earnings) loss, net of distributions received (18) 13
Changes in:    
Current receivables (191) (178)
Inventories (43) (167)
Current accounts payable and accrued expenses (78) 298
Income taxes receivable/payable 5 10
All other, net (136) (212)
Net cash (used in) provided by operating activities (28) 181 Close
Investing activities:    
Capital expenditures (640) (740)
Proceeds from sale of assets 0 2
Other investing activities 5 0
Net cash used in investing activities (645) (738) Close
Financing activities:    
Repayment of long-term debt (Note 15) (14) (10)
Common stock repurchased (Note 22) 0 (75)
Other financing activities (32) (32)
Net cash used in financing activities (46) (117) Close
Effect of exchange rate changes on cash (7) 8 Close
Net decrease in cash, cash equivalents and restricted cash (726) (666) Close
Cash, cash equivalents and restricted cash at beginning of year (Note 7) 2,988 3,539
Cash, cash equivalents and restricted cash at end of period (Note 7) 2,262 2,873
Noncash Investing and Financing Items [Abstract]    
Change in accrued capital expenditures (102) (226)
U. S. Steel common stock issued for employee/non-employee director stock plans 35 28
Capital expenditures funded by finance lease borrowings 32 24
Export Credit Agreement (ECA) financing $ 0 $ 1