XML 75 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (Condensed) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net income $ 591 $ 357
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation and amortization 133 132
Provision for restructuring 10 27
Asset impairments and sales (24) (2)
Pension expense 73 74
Pension contributions (84) (56)
Stock-based compensation 15 15
Changes in assets and liabilities:    
Receivables (489) (419)
Inventories (56) (299)
Accounts payable and accrued liabilities (119) (51)
Other, net (167) 88
Net cash used for operating activities (117) (134)
Cash flows from investing activities    
Capital expenditures (214) (273)
Insurance proceeds 33 0
Proceeds from sale of property, plant and equipment 3 25
Other (27) 0
Net cash used for investing activities (205) (248)
Cash flows from financing activities    
Proceeds from long-term debt 49 1,421
Payments of long-term debt (45) (1,047)
Net change in revolving credit facility and short-term debt 470 342
Debt issue costs 0 (17)
Common stock issued 7 9
Common stock repurchased (207) (212)
Purchase of noncontrolling interests 0 (48)
Dividends paid to noncontrolling interests (50) (60)
Other (6) 11
Net cash provided by financing activities 218 399
Effect of exchange rate changes on cash and cash equivalents 2 (1)
Net change in cash and cash equivalents (102) 16
Cash and cash equivalents at January 1 342 463
Cash and cash equivalents at September 30 $ 240 $ 479