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Statement Of Consolidated Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FROM OPERATIONS    
Net income (loss) $ 743 $ (9)
Adjustments to reconcile net income (loss) to cash from operations:    
Depreciation, depletion, and amortization 736 722
Deferred income taxes (42) 156
Equity income, net of dividends (27) (19)
Restructuring and other charges (D) 40 217
Net loss from investing activities - asset sales (I) 1  
Loss from discontinued operations (C) 5 8
Stock-based compensation 45 50
Excess tax benefits from stock-based payment arrangements (6) (1)
Other 5 81
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:    
(Increase) in receivables (435) (570)
(Increase) in inventories (519) (189)
(Increase) decrease in prepaid expenses and other current assets (23) 67
Increase in accounts payable, trade 198 1
(Decrease) in accrued expenses (147) (246)
Increase in taxes, including income taxes 79 190
Pension contributions (103) (44)
(Increase) in noncurrent assets (106) (4)
Increase in noncurrent liabilities 129 104
(Increase) in net assets held for sale (C) (5) (20)
CASH PROVIDED FROM CONTINUING OPERATIONS 568 494
CASH (USED FOR) PROVIDED FROM DISCONTINUED OPERATIONS (6) 5
CASH PROVIDED FROM OPERATIONS 562 499
FINANCING ACTIVITIES    
Net change in short-term borrowings (28) (41)
Net change in commercial paper   74
Additions to long-term debt (G) 1,254 83
Debt issuance costs (7)  
Payments on long-term debt (G) (1,095) (123)
Proceeds from exercise of employee stock options 34 7
Excess tax benefits from stock-based payment arrangements 6 1
Dividends paid to shareholders (65) (63)
Distributions to noncontrolling interests (187) (113)
Contributions from noncontrolling interests 128 64
Acquisitions of noncontrolling interests   (66)
CASH PROVIDED FROM (USED FOR) FINANCING ACTIVITIES 40 (177)
INVESTING ACTIVITIES    
Capital expenditures (476) (434)
Acquisitions, net of cash acquired (E) (240) 5
Proceeds from the sale of assets and businesses 1 (11)
Additions to investments (199) (159)
Sales of investments 5 138
Other 7 7
CASH USED FOR INVESTING ACTIVITIES (902) (454)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 17 (5)
Net change in cash and cash equivalents (283) (137)
Cash and cash equivalents at beginning of year 1,543 1,481
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,260 $ 1,344