XML 79 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (Condensed) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net income $ 247 $ 198
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation and amortization 87 85
Provision for restructuring 3 25
Asset impairments and sales (10) 0
Pension expense 49 49
Pension contributions (51) (37)
Stock-based compensation 12 12
Changes in assets and liabilities:    
Receivables (296) (347)
Inventories (135) (431)
Accounts payable and accrued liabilities (121) 172
Other, net (1) 27
Net cash used for operating activities (216) (247)
Cash flows from investing activities    
Capital expenditures (139) (184)
Insurance proceeds 23 0
Change in restricted cash 0 (125)
Proceeds from sale of property, plant and equipment 2 2
Other (14) 0
Net cash used for investing activities (128) (307)
Cash flows from financing activities    
Proceeds from long-term debt 42 1,416
Payments of long-term debt (32) (922)
Net change in revolving credit facility and short-term debt 274 248
Debt issue costs 0 (16)
Common stock issued 4 9
Common stock repurchased (7) (212)
Purchase of noncontrolling interests 0 9
Dividends paid to noncontrolling interests (38) (38)
Other (5) 18
Net cash provided by financing activities 238 494
Effect of exchange rate changes on cash and cash equivalents (6) 18
Net change in cash and cash equivalents (112) (42)
Cash and cash equivalents at January 1 342 463
Cash and cash equivalents at June 30 $ 230 $ 421