Guarantor Financial Information

3 Months Ended

12 Months Ended

Mar. 31, 2013

Dec. 31, 2012

Text Block [Abstract]

Guarantor Financial Information

13. Guarantor Financial Information

The following supplemental financial information sets forth for the Company, its subsidiaries that have issued certain debt securities (the “Issuers”) and its guarantor and non-guarantor subsidiaries, all as defined in the credit agreements, the condensed consolidating balance sheet as of March 31, 2013 and December 31, 2012 and condensed consolidating statements of operations and cash flows for three months ended March 31, 2013 and 2012. The Senior Notes are jointly and severally guaranteed on an unconditional basis by Nielsen and, each of the direct and indirect wholly-owned subsidiaries of Nielsen, including VNU Intermediate Holding B.V., Nielsen Holding and Finance B.V., VNU International B.V., Nielsen Business Media Holding Company, TNC (US) Holdings, Inc., VNU Marketing Information, Inc. and ACN Holdings, Inc., and the wholly-owned subsidiaries thereof, including the wholly-owned U.S. subsidiaries of ACN Holdings, Inc. and Nielsen Business Media Holding Company, in each case to the extent that such entities provide a guarantee under the senior secured credit facilities. The issuers are the Nielsen Finance LLC and Nielsen Finance Co., both wholly-owned subsidiaries of ACN Holdings, Inc. and subsidiary guarantors of the debt issued by Nielsen.

Nielsen is a holding company and does not have any material assets or operations other than ownership of the capital stock of its direct and indirect subsidiaries. All of Nielsen’s operations are conducted through its subsidiaries, and, therefore, Nielsen is expected to continue to be dependent upon the cash flows of its subsidiaries to meet its obligations.

The Nielsen Company B.V.

Condensed Consolidating Statement of Comprehensive Income (Unaudited)

For the three months ended March 31, 2013

(IN MILLIONS)	Parent			Issuer			Guarantor			Non- Guarantor			Elimination			Consolidated
Revenues	$	—		$	—		$	714		$	662		$	—		$	1,376
Cost of revenues, exclusive of depreciation and amortization shown separately below		—			—			272			321			—			593
Selling, general and administrative expenses, exclusive of depreciation and amortization shown separately below		—			—			219			232			—			451
Depreciation and amortization		—			—			97			29			—			126
Restructuring charges		—			—			19			16			—			35
Operating income		—			—			107			64			—			171
Interest income		—			147			13			4			(163	)		1
Interest expense		—			(77	)		(155	)		(12	)		163			(81	)
Foreign currency exchange transaction losses, net		—			—			—			(12	)		—			(12	)
Other (expense)/income, net		—			(12	)		19			(19	)		—			(12	)
Income/(loss) from continuing operations before income taxes and equity in net income of subsidiaries and affiliates		—			58			(16	)		25			—			67
(Provision)/benefit for income taxes		—			(20	)		4			(11	)		—			(27	)
Equity in net income of subsidiaries		37			—			51			—			(88	)		—
Equity in net (loss)/income of affiliates		—			—			(2	)		1			—			(1	)
Income from continue operations		37			38			37			15			(88	)		39
Loss from discontinued operations, net of tax		—			—			—			3			—			3
Net income		37			38			37			12			(88	)		36
Net loss attributable to noncontrolling interest		—			—			—			1			—			1
Net income attributable to controlling interest		37			38			37			13			(88	)		37
Total other comprehensive (loss)/income		(20	)		9			(19	)		(62	)		74			(18	)
Total other comprehensive income attributable to noncontrolling interest		—			—			—			2			—			2
Total other comprehensive (loss)/income attributable to controlling interest		(20	)		9			(19	)		(64	)		74			(20	)
Total comprehensive income/(loss)		17			47			18			(50	)		(14	)		18
Comprehensive income attributable to noncontrolling interest		—			—			—			1			—			1
Total comprehensive income/(loss) attributable to controlling interest	$	17		$	47		$	18		$	(51	)	$	(14	)	$	17

The Nielsen Company B.V.

Condensed Consolidating Statement of Comprehensive Income (unaudited)

For the Three months ended March 31, 2012

(IN MILLIONS)	Parent			Issuer			Guarantor			Non- Guarantor			Elimination			Consolidated
Revenues	$	—		$	—		$	682		$	652		$	—		$	1,334
Cost of revenues, exclusive of depreciation and amortization shown separately below		—			—			253			311			—			564
Selling, general and administrative expenses, exclusive of depreciation and amortization shown separately below		—			—			219			227			—			446
Depreciation and amortization		—			—			102			27			—			129
Restructuring charges		—			—			9			28			—			37
Operating income		—			—			99			59			—			158
Interest income		1			139			17			8			(164	)		1
Interest expense		(1	)		(95	)		(152	)		(16	)		164			(100	)
Foreign currency exchange transaction losses, net		—			—			(1	)		(9	)		—			(10	)
Other (expense)/income, net		—			(6	)		19			(19	)		—			(6	)
Income/(loss) from continuing operations before income taxes and equity in net income of subsidiaries and affiliates		—			38			(18	)		23			—			43
(Provision)/benefit for income taxes		—			(14	)		7			(4	)		—			(11	)
Equity in net income of subsidiaries		28			—			41			—			(69	)		—
Equity in net loss of affiliates		—			—			(2	)		—			—			(2	)
Income from continuing operations		28			24			28			19			(69	)		30
Loss from discontinued operations, net of tax		—			—			—			2			—			2
Net income		28			24			28			17			(69	)		28
Total other comprehensive income/(loss)		88			(8	)		77			116			(185	)		88
Total comprehensive income	$	116		$	16		$	105		$	133		$	(254	)	$	116

The Nielsen Company B.V.

Condensed Consolidating Balance Sheet (Unaudited)

March 31, 2013

(IN MILLIONS)	Parent		Issuers		Guarantor		Non-Guarantor		Elimination			Consolidated
Assets:
Current assets
Cash and cash equivalents	$	—	$	—	$	12	$	220	$	—		$	232
Trade and other receivables, net		—		—		385		690		—			1,075
Prepaid expenses and other current assets		—		11		155		134		—			300
Intercompany receivables		—		197		176		109		(482	)		—
Total current assets		—		208		728		1,153		(482	)		1,607
Non-current assets
Property, plant and equipment, net		—		—		301		236		—			537
Goodwill		—		—		5,092		2,230		—			7,322
Other intangible assets, net		—		—		4,068		451		—			4,519
Deferred tax assets		10		—		78		82		—			170
Other non-current assets		—		37		161		61		—			259
Equity investment in subsidiaries		5,181		—		5,623		—		(10,804	)		—
Intercompany receivables		9		8,074		531		1,250		(9,864	)		—
Total assets	$	5,200	$	8,319	$	16,582	$	5,463	$	(21,150	)	$	14,414
Liabilities and equity:
Current liabilities
Accounts payable and other current liabilities	$	—	$	72	$	250	$	526	$	—		$	848
Deferred revenues		—		—		217		128		—			345
Income tax liabilities		—		—		29		41		—			70
Current portion of long-term debt, capital lease obligations and short-term borrowings		—		300		73		7		—			380
Intercompany payables		—		—		318		164		(482	)		—
Total current liabilities		—		372		887		866		(482	)		1,643
Non-current liabilities
Long-term debt and capital lease obligations		—		5,851		81		16		—			5,948
Deferred tax liabilities		—		71		837		88		—			996
Intercompany loans		—		—		9,341		523		(9,864	)		—
Other non-current liabilities		2		14		255		309		—			580
Total liabilities		2		6,308		11,401		1,802		(10,346	)		9,167
Total stockholders’ equity		5,198		2,011		5,181		3,612		(10,804	)		5,198
Noncontrolling interests		—		—		—		49		—			49
Total equity		5,198		2,011		5,181		3,661		(10,804	)		5,247
Total liabilities and equity	$	5,200	$	8,319	$	16,582	$	5,463	$	(21,150	)	$	14,414

The Nielsen Company B.V.

Condensed Consolidating Balance Sheet

December 31, 2012

(IN MILLIONS)	Parent		Issuers		Guarantor		Non-Guarantor		Elimination			Consolidated
Assets:
Current assets
Cash and cash equivalents	$	—	$	—	$	24	$	263	$	—		$	287
Trade and other receivables, net		—		—		404		706		—			1,110
Prepaid expenses and other current assets		—		14		132		132		—			278
Intercompany receivables		—		270		177		134		(581	)		—
Total current assets		—		284		737		1,235		(581	)		1,675
Non-current assets
Property, plant and equipment, net		—		—		303		257		—			560
Goodwill		—		—		5,046		2,306		—			7,352
Other intangible assets, net		—		—		4,088		467		—			4,555
Deferred tax assets		10		3		77		79		—			169
Other non-current assets		—		46		165		61		—			272
Equity investment in subsidiaries		5,157		—		5,663		—		(10,820	)		—
Intercompany receivables		45		7,944		555		1,300		(9,844	)		—
Total assets	$	5,212	$	8,277	$	16,634	$	5,705	$	(21,245	)	$	14,583
Liabilities and equity:
Current liabilities
Accounts payable and other current liabilities	$	—	$	52	$	347	$	572	$	—		$	971
Deferred revenues		—		—		217		156		—			373
Income tax liabilities		—		—		12		44		—			56
Current portion of long-term debt, capital lease obligations and short-term borrowings		—		340		15		7		—			362
Intercompany payables		—		14		414		153		(581	)		—
Total current liabilities		—		406		1,005		932		(581	)		1,762
Non-current liabilities
Long-term debt and capital lease obligations		—		5,843		81		17		—			5,941
Deferred tax liabilities		—		71		838		97		—			1,006
Intercompany loans		—		—		9,295		549		(9,844	)		—
Other non-current liabilities		2		16		258		340		—			616
Total liabilities		2		6,336		11,477		1,935		(10,425	)		9,325
Total stockholders’ equity		5,210		1,941		5,157		3,722		(10,820	)		5,210
Noncontrolling interests		—		—		—		48		—			48
Total equity		5,210		1,941		5,157		3,770		(10,820	)		5,258
Total liabilities and equity	$	5,212	$	8,277	$	16,634	$	5,705	$	(21,245	)	$	14,583

The Nielsen Company B.V.

Condensed Consolidating Statement of Cash Flows (Unaudited)

For the three months ended March 31, 2013

(IN MILLIONS)	Parent			Issuers			Guarantor			Non-Guarantor			Consolidated
Net cash provided by/(used in) operating activities	$	—		$	148		$	(71	)	$	(25	)	$	52
Investing activities:
Acquisition of subsidiaries and affiliates, net of cash acquired		—			—			(10	)		(1	)		(11	)
Additions to property, plant and equipment and other assets		—			—			(5	)		(4	)		(9	)
Additions to intangible assets		—			—			(57	)		(4	)		(61	)
Other investing activities		—			—			—			(1	)		(1	)
Net cash used in investing activities		—			—			(72	)		(10	)		(82	)
Financing activities:
Net borrowings on revolving credit facility		—			—			55			—			55
Proceeds from issuances of debt, net of issuance costs		—			1,866			1			—			1,867
Repayments of debt		—			(1,889	)		—			—			(1,889	)
Increase in other short-term borrowings		—			—			—			1			1
Return of capital to parent		(35	)		—			—			—			(35	)
Activity under stock plans		—			—			(2	)		(2	)		(4	)
Settlement of derivatives, intercompany and other financing activities		35			(125	)		77			8			(5	)
Net cash provided by/(used in) financing activities		—			(148	)		131			7			(10	)
Effect of exchange-rate changes on cash and cash equivalents		—			—			—			(15	)		(15	)
Net (decrease) in cash and cash equivalents		—			—			(12	)		(43	)		(55	)
Cash and cash equivalents at beginning of period		—			—			24			263			287
Cash and cash equivalents at end of period	$	—		$	—		$	12		$	220		$	232

The Nielsen Company B.V.

Condensed Consolidating Statement of Cash Flows (Unaudited)

For the three months ended March 31, 2012

(IN MILLIONS)	Parent			Issuers			Guarantor			Non-Guarantor			Consolidated
Net cash provided by/(used in) operating activities	$	1		$	96		$	(118	)	$	21		$	—
Investing activities:
Acquisitions of subsidiaries and affiliates, net of cash acquired		—			—			(14	)		(2	)		(16	)
Additions to property, plant and equipment and other assets		—			—			(29	)		(13	)		(42	)
Additions to intangible assets		—			—			(34	)		(6	)		(40	)
Net cash used in investing activities		—			—			(77	)		(21	)		(98	)
Financing activities:
Net borrowings on revolver credit facility		—			—			120			—			120
Repayments of other debt		(40	)		(1,229	)		(2	)		—			(1,271	)
Proceeds from the issuance of debt, net of issuance cost		—			1,209			—			—			1,209
Increase in other short-term borrowings		—			—			—			6			6
Settlement of derivatives and other financing activities		39			(76	)		56			(23	)		(4	)
Net cash (used in)/provided by financing activities		(1	)		(96	)		174			(17	)		60
Effect of exchange rate changes on cash and cash equivalents		—			—			—			7			7
Net decrease in cash and cash equivalents		—			—			(21	)		(10	)		(31	)
Cash and cash equivalents, beginning of period		—			—			33			285			318
Cash and cash equivalents, end of period	$	—		$	—		$	12		$	275		$	287

18. Guarantor Financial Information

The following supplemental financial information sets forth for the Company, its subsidiaries that have issued certain debt securities (the “Issuers”) and its guarantor and non-guarantor subsidiaries, all as defined in the credit agreements, the consolidating balance sheet as of December 31, 2012 and 2011 and consolidating statements of operations and cash flows for the years ended December 31, 2012, 2011 and 2010. The Senior Notes are jointly and severally guaranteed on an unconditional basis by Nielsen and, each of the direct and indirect wholly-owned subsidiaries of Nielsen, including VNU Intermediate Holding B.V., Nielsen Holding and Finance B.V., VNU International B.V., Nielsen Business Media Holding Company, TNC (US) Holdings, Inc., VNU Marketing Information, Inc. and ACN Holdings, Inc., and the wholly-owned subsidiaries thereof, including the wholly owned U.S. subsidiaries of ACN Holdings, Inc. and Nielsen Business Media Holding Company, in each case to the extent that such entities provide a guarantee under the senior secured credit facilities. The Issuers are Nielsen Finance LLC and Nielsen Finance Co., both wholly-owned subsidiaries of ACN Holdings, Inc. and subsidiary guarantors of the debt issued by Nielsen.

Nielsen is a holding company and does not have any material assets or operations other than ownership of the capital stock of its direct and indirect subsidiaries. All of Nielsen’s operations are conducted through its subsidiaries, and, therefore, Nielsen is expected to continue to be dependent upon the cash flows of its subsidiaries to meet its obligations.

Consolidating Statement of Operations

For the year ended December 31, 2012

(IN MILLIONS)	Parent			Issuers			Guarantor			Non-Guarantor			Elimination			Consolidated
Revenues	$	—		$	—		$	2,823		$	2,767		$	—		$	5,590
Cost of revenues, exclusive of depreciation and amortization shown separately below		—			—			1,018			1,255			—			2,273
Selling, general and administrative expenses, exclusive of depreciation and amortization shown separately below		—			—			851			905			—			1,756
Depreciation and amortization		—			—			397			116			—			513
Restructuring charges		—			—			27			57			—			84
Operating income		—			—			530			434			—			964
Interest income		2			569			59			28			(654	)		4
Interest expense		(1	)		(367	)		(615	)		(61	)		654			(390	)
Foreign currency exchange transaction losses, net		—			—			(2	)		(14	)		—			(16	)
Other (expense)/income, net		—			(121	)		148			(145	)		—			(118	)
Income from continuing operations before income taxes and equity in net income of affiliates		1			81			120			242			—			444
Provision for income taxes		—			(32	)		(33	)		(81	)		—			(146	)
Equity in net income of subsidiaries		296			—			206			—			(502	)		—
Equity in net income of affiliates		—			—			3			2			—			5
Income/(loss) from continuing operations		297			49			296			163			(502	)		303
Income from discontinued operations, net of tax		—			—			—			(7	)		—			(7	)
Net income		297			49			296			156			(502	)		296
Less: net loss attributable to noncontrolling interests		—			—			—			(1	)		—			(1	)
Net income/(loss) attributable to controlling interests	$	297		$	49		$	296		$	157		$	(502	)	$	297
Total other comprehensive (loss)/income		(34	)		(4	)		(37	)		34			7			(34	)
Total comprehensive income/(loss) attributable to controlling interests		263			45			259			191			(495	)		263
Total comprehensive income attributable to noncontrolling interests		—			—			—			2			—			2
Total comprehensive income		263			45			259			193			(495	)		265

Consolidating Statement of Operations

For the year ended December 31, 2011

(IN MILLIONS)	Parent			Issuers			Guarantor			Non-Guarantor			Elimination			Consolidated
Revenues	$	—		$	—		$	2,680		$	2,827		$	—		$	5,507
Cost of revenues, exclusive of depreciation and amortization shown separately below		—			—			970			1,264			—			2,234
Selling, general and administrative expenses, exclusive of depreciation and amortization shown separately below		—			—			938			929			—			1,867
Depreciation and amortization		—			—			406			118			—			524
Restructuring charges		—			—			31			53			—			84
Operating income		—			—			335			463			—			798
Interest income		7			548			25			30			(604	)		6
Interest expense		(13	)		(426	)		(593	)		(28	)		604			(456	)
Loss on derivative instruments		—			(1	)		—			—			—			(1	)
Foreign currency exchange transaction losses, net		—			—			(7	)		(2	)		—			(9	)
Other (expense)/income, net		(52	)		(182	)		191			(166	)		—			(209	)
(Loss)/income from continuing operations before income taxes and equity in net income/(loss) of affiliates		(58	)		(61	)		(49	)		297			—			129
Benefit/(provision) for income taxes		—			21			8			(50	)		—			(21	)
Equity in net income of subsidiaries		167			—			207			—			(374	)		—
Equity in net income of affiliates		—			—			—			3			—			3
Income/(loss) from continuing operations		109			(40	)		166			250			(374	)		111
Income from discontinued operations, net of tax		—			—			1			—			—			1
Net income/(loss)		109			(40	)		167			250			(374	)		112
Less: net income attributable to noncontrolling interests		—			—			—			3			—			3
Net income/(loss) attributable to controlling interests	$	109		$	(40	)	$	167		$	247		$	(374	)	$	109
Total other comprehensive (loss)/income		(203	)		7			(182	)		(216	)		391			(203	)
Total comprehensive (loss)/income attributable to controlling interests		(94	)		(33	)		(15	)		31			17			(94	)
Total comprehensive income attributable to noncontrolling interests		—			—			—			2			—			2
Total comprehensive (loss)/income		(94	)		(33	)		(15	)		33			17			(92	)

Consolidating Statement of Operations

For the year ended December 31, 2010

(IN MILLIONS)	Parent			Issuers			Guarantor			Non-Guarantor			Elimination			Consolidated
Revenues	$	—		$	—		$	2,559		$	2,544		$	—		$	5,103
Cost of revenues, exclusive of depreciation and amortization shown separately below		—			—			987			1,138			—			2,125
Selling, general and administrative expenses, exclusive of depreciation and amortization shown separately below		—			—			817			815			—			1,632
Depreciation and amortization		—			—			437			117			—			554
Restructuring charges		—			—			42			19			—			61
Operating income		—			—			276			455			—			731
Interest income		7			501			31			23			(557	)		5
Interest expense		(49	)		(597	)		(538	)		(33	)		557			(660	)
Loss on derivative instruments		—			(27	)		—			—			—			(27	)
Foreign currency exchange transaction gains/(losses), net		—			111			(26	)		50			—			135
Other (expense)/income, net		—			(91	)		45			(35	)		—			(81	)
(Loss)/income from continuing operations before income taxes and equity in net income of affiliates		(42	)		(103	)		(212	)		460			—			103
Benefit/(provision) for income taxes		1			36			81			(72	)		—			46
Equity in net income of subsidiaries		170			—			322			—			(492	)		—
Equity in net income of affiliates		—			—			1			4			—			5
Income/(loss) from continuing operations		129			(67	)		192			392			(492	)		154
Loss from discontinued operations, net of tax		—			—			(22	)		—			—			(22	)
Net income/(loss)		129			(67	)		170			392			(492	)		132
Less: net income attributable to noncontrolling interests		—			—			—			3			—			3
Net income/(loss) attributable to controlling interests	$	129		$	(67	)	$	170		$	389		$	(492	)	$	129
Total other comprehensive (loss)/income		(44	)		6			(15	)		(163	)		172			(44	)
Total comprehensive income/(loss) attributable to controlling interests		85			(61	)		155			226			(320	)		85
Total comprehensive income attributable to noncontrolling interests		—			—			—			2			—			2
Total comprehensive income/(loss)		85			(61	)		155			228			(320	)		87

Consolidating Balance Sheet

December 31, 2012

(IN MILLIONS)	Parent		Issuers		Guarantor		Non-Guarantor		Elimination			Consolidated
Assets:
Current assets
Cash and cash equivalents	$	—	$	—	$	24	$	263	$	—		$	287
Trade and other receivables, net		—		—		404		706		—			1,110
Prepaid expenses and other current assets		—		14		132		132		—			278
Intercompany receivables		—		270		177		134		(581	)		—
Total current assets		—		284		737		1,235		(581	)		1,675
Non-current assets
Property, plant and equipment, net		—		—		303		257		—			560
Goodwill		—		—		5,046		2,306		—			7,352
Other intangible assets, net		—		—		4,088		467		—			4,555
Deferred tax assets		10		3		77		79		—			169
Other non-current assets		—		46		165		61		—			272
Equity investment in subsidiaries		5,157		—		5,663		—		(10,820	)		—
Intercompany receivables		45		7,944		555		1,300		(9,844	)		—
Total assets	$	5,212	$	8,277	$	16,634	$	5,705	$	(21,245	)	$	14,583
Liabilities and equity:
Current liabilities
Accounts payable and other current liabilities	$	—	$	52	$	347	$	572	$	—		$	971
Deferred revenues		—		—		217		156		—			373
Income tax liabilities		—		—		12		44		—			56
Current portion of long-term debt, capital lease obligations and short-term borrowings		—		340		15		7		—			362
Intercompany payables		—		14		414		153		(581	)		—
Total current liabilities		—		406		1,005		932		(581	)		1,762
Non-current liabilities
Long-term debt and capital lease obligations		—		5,843		81		17		—			5,941
Deferred tax liabilities		—		71		838		97		—			1,006
Intercompany loans		—		—		9,295		549		(9,844	)		—
Other non-current liabilities		2		16		258		340		—			616
Total liabilities		2		6,336		11,477		1,935		(10,425	)		9,325
Total stockholders’ equity		5,210		1,941		5,157		3,722		(10,820	)		5,210
Noncontrolling interests		—		—		—		48		—			48
Total equity		5,210		1,941		5,157		3,770		(10,820	)		5,258
Total liabilities and equity	$	5,212	$	8,277	$	16,634	$	5,705	$	(21,245	)	$	14,583

Consolidating Balance Sheet

December 31, 2011

(IN MILLIONS)	Parent		Issuers		Guarantor		Non-Guarantor		Elimination			Consolidated
Assets:
Current assets
Cash and cash equivalents	$	—	$	—	$	33	$	285	$	—		$	318
Trade and other receivables, net		—		—		369		711		—			1,080
Prepaid expenses and other current assets		—		15		134		110		—			259
Intercompany receivables		300		123		224		326		(973	)		—
Total current assets		300		138		760		1,432		(973	)		1,657
Non-current assets
Property, plant and equipment, net		—		—		367		242		—			609
Goodwill		—		—		4,989		2,166		—			7,155
Other intangible assets, net		—		—		4,121		440		—			4,561
Deferred tax assets		1		—		67		108		—			176
Other non-current assets		—		53		162		99		—			314
Equity investment in subsidiaries		4,574		—		4,731		—		(9,305	)		—
Intercompany receivables		149		7,322		908		1,449		(9,828	)		—
Total assets	$	5,024	$	7,513	$	16,105	$	5,936	$	(20,106	)	$	14,472
Liabilities and equity:
Current liabilities
Accounts payable and other current liabilities	$	31	$	55	$	388	$	576	$	—		$	1,050
Deferred revenues		—		—		247		196		—			443
Income tax liabilities		—		—		7		44		—			51
Current portion of long-term debt, capital lease obligations and short-term borrowings		104		28		16		2		—			150
Intercompany payables		—		47		729		197		(973	)		—
Total current liabilities		135		130		1,387		1,015		(973	)		1,694
Non-current liabilities
Long-term debt and capital lease obligations		—		6,223		92		16		—			6,331
Deferred tax liabilities		—		80		883		33		—			996
Intercompany loans		—		—		8,926		902		(9,828	)		—
Other non-current liabilities		2		14		243		297		—			556
Total liabilities		137		6,447		11,531		2,263		(10,801	)		9,577
Total stockholders’ equity		4,887		1,066		4,574		3,665		(9,305	)		4,887
Noncontrolling interests		—		—		—		8		—			8
Total equity		4,887		1,066		4,574		3,673		(9,305	)		4,895
Total liabilities and equity	$	5,024	$	7,513	$	16,105	$	5,936	$	(20,106	)	$	14,472

Consolidating Statement of Cash Flows

For the year ended December 31, 2012

(IN MILLIONS)	Parent			Issuers			Guarantor			Non-Guarantor			Consolidated
Net cash provided by/(used in) operating activities	$	(1	)	$	127		$	303		$	373		$	802
Investing activities:
Acquisition of subsidiaries and affiliates, net of cash acquired		—			—			(142	)		(18	)		(160	)
Proceeds from sale of subsidiaries and affiliates, net		—			—			(4	)		—			(4	)
Additions to property, plant and equipment and other assets		—			—			(59	)		(73	)		(132	)
Additions to intangible assets		—			—			(204	)		(22	)		(226	)
Net cash used in investing activities		—			—			(409	)		(113	)		(522	)
Financing activities:
Proceeds from issuances of debt, net of issuance costs		—			1,998			—			1			1,999
Repayments of debt		(106	)		(2,120	)		(4	)		—			(2,230	)
Increase in other short-term borrowings		—			—			—			3			3
Capital contributions from parent		15			—			—			—			15
Activity under stock plans		—			—			(3	)		(2	)		(5	)
Settlement of derivatives, intercompany and other financing activities		92			(5	)		104			(289	)		(98	)
Net cash provided by/(used in) financing activities		1			(127	)		97			(287	)		(316	)
Effect of exchange-rate changes on cash and cash equivalents		—			—			—			5			5
Net (decrease) in cash and cash equivalents		—			—			(9	)		(22	)		(31	)
Cash and cash equivalents at beginning of period		—			—			33			285			318
Cash and cash equivalents at end of period	$	—		$	—		$	24		$	263		$	287

Consolidating Statement of Cash Flows

For the year ended December 31, 2011

(IN MILLIONS)	Parent			Issuers			Guarantor			Non-Guarantor			Consolidated
Net cash provided by operating activities	$	1		$	132		$	104		$	422		$	659
Investing activities:
Acquisition of subsidiaries and affiliates, net of cash acquired		—			—			(112	)		(20	)		(132	)
Proceeds from sale of subsidiaries and affiliates, net		—			—			4			1			5
Additions to property, plant and equipment and other assets		—			—			(102	)		(75	)		(177	)
Additions to intangible assets		—			—			(172	)		(18	)		(190	)
Other investing activities		—			—			(1	)		—			(1	)
Net cash used in investing activities		—			—			(383	)		(112	)		(495	)
Financing activities:
Proceeds from issuances of debt, net of issuance costs		—			—			6			—			6
Repayments of debt		(505	)		(1,603	)		(2	)		—			(2,110	)
Decrease in other short-term borrowings		—			—			(2	)		(4	)		(6	)
Capital contributions from parent		2,077			—			—			—			2,077
Activity under stock plans		—			—			(2	)		—			(2	)
Settlement of derivatives, intercompany and other financing activities		(1,578	)		1,471			246			(361	)		(222	)
Net cash (used in)/provided by financing activities		(6	)		(132	)		246			(365	)		(257	)
Effect of exchange-rate changes on cash and cash equivalents		4			—			1			(12	)		(7	)
Net (decrease)/increase in cash and cash equivalents		(1	)		—			(32	)		(67	)		(100	)
Cash and cash equivalents at beginning of period		1			—			65			352			418
Cash and cash equivalents at end of period	$	—		$	—		$	33		$	285		$	318

Consolidating Statement of Cash Flows

For the year ended December 31, 2010

(IN MILLIONS)	Parent			Issuers			Guarantor			Non-Guarantor			Consolidated
Net cash provided by/(used in) operating activities	$	3		$	(15	)	$	185		$	371		$	544
Investing activities:
Acquisition of subsidiaries and affiliates, net of cash acquired		—			—			(35	)		(20	)		(55	)
Proceeds from sale of subsidiaries and affiliates, net		—			—			17			—			17
Additions to property, plant and equipment and other assets		—			—			(112	)		(66	)		(178	)
Additions to intangible assets		—			—			(143	)		(13	)		(156	)
Other investing activities		—			—			2			5			7
Net cash used in investing activities		—			—			(271	)		(94	)		(365	)
Financing activities:
Proceeds from issuances of debt, net of issuance costs		—			1,065			—			—			1,065
Repayments of debt		(64	)		(1,161	)		(3	)		—			(1,228	)
Increase/(decrease) in other short-term borrowings		—			—			4			(10	)		(6	)
Cash dividends paid to parent		(9	)		—			—			—			(9	)
Activity under stock plans		—			—			(4	)		—			(4	)
Settlement of derivatives, intercompany and other financing activities		69			109			—			(260	)		(82	)
Net cash (used in)/provided by financing activities		(4	)		13			(3	)		(270	)		(264	)
Effect of exchange-rate changes on cash and cash equivalents		—			—			(6	)		(2	)		(8	)
Net (decrease)/increase in cash and cash equivalents		(1	)		(2	)		(95	)		5			(93	)
Cash and cash equivalents at beginning of period		2			2			160			347			511
Cash and cash equivalents at end of period	$	1		$	—		$	65		$	352		$	418