Condensed Combining Financial Information (Tables)

3 Months Ended

Mar. 31, 2013

Crown European Holdings SA [Member]

Condensed Combining Statement Of Comprehensive Income

For the three months ended March 31, 2013

(in millions)

	Parent		Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net sales						$	1,008		$	965					$	1,973
Cost of products sold, excluding depreciation and amortization						828			812						1,640
Depreciation and amortization						14			20						34
Gross profit						166			133						299
Selling and administrative expense			—			81			23						104
Provision for restructuring			—			2			2						4
Loss from early extinguishments of debt			$	1		37									38
Net interest expense			13			32			13						58
Technology royalty			—			(8		)	8						—
Translation and foreign exchange			—			2			—						2
Income/(loss) before income taxes			(14		)	20			87						93
Provision for / (benefit from) income taxes			—			16			8						24
Equity earnings / (loss) in affiliates	$	41	22			37			—			$	(102	)	(2		)
Net income	41		8			41			79			(102		)	67
Net income attributable to noncontrolling interests									(26		)				(26		)
Net income attributable to Crown Holdings	$	41	$	8		$	41		$	53		$	(102	)	$	41
Comprehensive income	$	24	$	(11	)	$	24		$	49		$	(39	)	$	47
Comprehensive income attributable to noncontrolling interests									(23		)				(23		)
Comprehensive income attributable to Crown Holdings	$	24	$	(11	)	$	24		$	26		$	(39	)	$	24

For the three months ended March 31, 2012

(in millions)

	Parent		Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net sales						$	1,089		$	858					$	1,947
Cost of products sold, excluding depreciation and amortization						911			707						1,618
Depreciation and amortization						18			24						42
Gross profit			—			160			127						287
Selling and administrative expense			—			83			23						106
Net interest expense			$	15		31			10						56
Technology royalty						(7		)	7						—
Translation and foreign exchange	—		—			2			1			—			3
Income/(loss) before income taxes			(15		)	51			86			—			122
Provision for / (benefit from) income taxes	—		—			18			14			—			32
Equity earnings / (loss) in affiliates	$	69	49			36			—			$	(154	)	—
Net income	69		34			69			72			(154		)	90
Net income attributable to noncontrolling interests	—		—			—			(21		)	—			(21		)
Net income attributable to Crown Holdings	$	69	$	34		$	69		$	51		$	(154	)	$	69
Comprehensive income	$	144	$	98		$	144		$	143		$	(361	)	$	168
Comprehensive income attributable to noncontrolling interests	—		—			—			(24		)	—			(24		)
Comprehensive income attributable to Crown Holdings	$	144	$	98		$	144		$	119		$	(361	)	$	144

Condensed Combining Balance Sheet

As of March 31, 2013

(in millions)

	Parent			Issuer		Guarantors			Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents						$	128		$	176				$	304
Receivables, net						332			843					1,175
Intercompany receivables				$	2	58			32		$	(92	)
Inventories						677			675					1,352
Prepaid expenses and other current assets	—			7		139			47					193
Total current assets	—			9		1,334			1,773		(92		)	3,024
Intercompany debt receivables				1,515		3,176			424		(5,115		)
Investments	$	772		3,799		(228		)			(4,343		)
Goodwill						1,383			554					1,937
Property, plant and equipment, net						596			1,392					1,988
Other non-current assets				22		644			86					752
Total	$	772		$	5,345	$	6,905		$	4,229	$	(9,550	)	$	7,701
Liabilities and equity
Current liabilities
Short-term debt				$	8	$	9		$	250				$	267
Current maturities of long-term debt				17		28			84					129
Accounts payable and accrued liabilities	$	6		20		1,018			886					1,930
Intercompany payables				—		32			60		$	(92	)
Total current liabilities	6			45		1,087			1,280		(92		)	2,326
Long-term debt, excluding current maturities				1,007		2,506			195					3,708
Long-term intercompany debt	894			2,150		1,223			848		(5,115		)
Postretirement and pension liabilities						1,023			19					1,042
Other non-current liabilities				8		294			159					461
Commitments and contingent liabilities
Noncontrolling interests						—			292					292
Crown Holdings shareholders’ equity/(deficit)	(128		)	2,135		772			1,436		(4,343		)	(128		)
Total equity/(deficit)	(128		)	2,135		772			1,728		(4,343		)	164
Total	$	772		$	5,345	$	6,905		$	4,229	$	(9,550	)	$	7,701

As of December 31, 2012

(in millions)

	Parent			Issuer		Guarantors			Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents						$	134		$	216				$	350
Receivables, net						274			783					1,057
Intercompany receivables				$	2	41			32		$	(75	)
Inventories						582			584					1,166
Prepaid expenses and other current assets	$	1		14		123			39					177
Total current assets	1			16		1,154			1,654		(75		)	2,750
Intercompany debt receivables				1,578		3,141			492		(5,211		)
Investments	749			3,839		(278		)			(4,310		)
Goodwill						1,429			569					1,998
Property, plant and equipment, net						610			1,385					1,995
Other non-current assets				24		658			65					747
Total	$	750		$	5,457	$	6,714		$	4,165	$	(9,596	)	$	7,490
Liabilities and equity
Current liabilities
Short-term debt				$	2	—			$	259				$	261
Current maturities of long-term debt				18		$	28		69					115
Accounts payable and accrued liabilities	$	18		21		1,097			1,006					2,142
Intercompany payables				—		32			43		$	(75	)
Total current liabilities	18			41		1,157			1,377		(75		)	2,518
Long-term debt, excluding current maturities				1,003		2,073			213					3,289
Long-term intercompany debt	894			2,264		1,340			713		(5,211		)
Postretirement and pension liabilities						1,079			19					1,098
Other non-current liabilities				8		316			138					462
Commitments and contingent liabilities
Noncontrolling interests						—			285					285
Crown Holdings shareholders’ equity/(deficit)	(162		)	2,141		749			1,420		(4,310		)	(162		)
Total equity/(deficit)	(162		)	2,141		749			1,705		(4,310		)	123
Total	$	750		$	5,457	$	6,714		$	4,165	$	(9,596	)	$	7,490

Condensed Combining Statement Of Cash Flows

For the three months ended March 31, 2013

(in millions)

	Parent			Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net cash provided by/(used for) operating activities	$	(2	)	$	(24	)	$	(276	)	$	(130	)				$	(432	)
Cash flows from investing activities
Capital expenditures							(10		)	(53		)				(63		)
Intercompany investing activities				—			10						$	(10	)	—
Insurance proceeds										8						8
Other							3			—						3
Net cash provided by/(used for) investing activities	—			—			3			(45		)	(10		)	(52		)
Cash flows from financing activities
Proceeds from long-term debt							1,000			7						1,007
Payments of long-term debt				(199		)	(702		)	(10		)				(911		)
Net change in revolving credit facility and short-term debt				237			138			(11		)				364
Debt issue costs				—			(15		)	—						(15		)
Net change in long-term intercompany balances	—			(12		)	(166		)	178						—
Common stock issued	8															8
Common stock repurchased	(6		)													(6		)
Dividends paid							—			(10		)	10
Purchase of noncontrolling interests							—			(10		)				(10		)
Dividends paid to noncontrolling interests										(8		)				(8		)
Other				(2		)	12			—						10
Net cash provided by/(used for) financing activities	2			24			267			136			10			439
Effect of exchange rate changes on cash and cash equivalents										(1		)				(1		)
Net change in cash and cash equivalents	—			—			(6		)	(40		)	—			(46		)
Cash and cash equivalents at January 1							134			216						350
Cash and cash equivalents at March 31	$	—		$	—		$	128		$	176		$	—		$	304

For the three months ended March 31, 2012

(in millions)

	Parent			Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net cash provided by/(used for) operating activities	$	(5	)	$	(26	)	$	(173	)	$	(185	)				$	(389	)
Cash flows from investing activities
Capital expenditures							(13		)	(49		)				(62		)
Intercompany investing activities				—			12			—			$	(12	)	—
Insurance proceeds										23						23
Other							—			(9		)				(9		)
Net cash provided by/(used for) investing activities				—			(1		)	(35		)	(12		)	(48		)
Cash flows from financing activities
Proceeds from long-term debt				—			—			21						21
Payments of long-term debt				—			—			(8		)				(8		)
Net change in revolving credit facility and short-term debt				4			303			31						338
Net change in long-term intercompany balances	10			12			(81		)	59						—
Common stock issued	2															2
Common stock repurchased	(7		)													(7		)
Dividends paid										(12		)	12			—
Dividends paid to noncontrolling interests										(16		)				(16		)
Other				10			(2		)	—						8
Net cash provided by/(used for) financing activities	5			26			220			75			12			338
Effect of exchange rate changes on cash and cash equivalents										7						7
Net change in cash and cash equivalents	—			—			46			(138		)	—			(92		)
Cash and cash equivalents at January 1				—			54			288						342
Cash and cash equivalents at March 31	$	—		$	—		$	100		$	150		$	—		$	250

Crown Cork & Seal Company, Inc [Member]

Condensed Combining Statement Of Comprehensive Income

For the three months ended March 31, 2013

(in millions)

	Parent		Issuer			Non- Guarantors			Eliminations			Total Company
Net sales						$	1,973					$	1,973
Cost of products sold, excluding depreciation and amortization						1,640						1,640
Depreciation and amortization						34						34
Gross profit						299						299
Selling and administrative expense	—		$	3		101						104
Provision for restructuring	—					4						4
Loss on early extinguishments of debt						38						38
Net interest expense			26			32						58
Translation and foreign exchange						2						2
Income/(loss) before income taxes			(29		)	122			—			93
Provision for / (benefit from) income taxes			2			22						24
Equity earnings / (loss) in affiliates	$	41	72			—			$	(115	)	(2		)
Net income	41		41			100			(115		)	67
Net income attributable to noncontrolling interests						(26		)				(26		)
Net income attributable to Crown Holdings	$	41	$	41		$	74		$	(115	)	$	41
Comprehensive income	$	24	$	24		$	80		$	(81	)	$	47
Comprehensive income attributable to noncontrolling interests						(23		)				(23		)
Comprehensive income attributable to Crown Holdings	$	24	$	24		$	57		$	(81	)	$	24

For the three months ended March 31, 2012

(in millions)

	Parent		Issuer			Non- Guarantors			Eliminations			Total Company
Net sales						$	1,947					$	1,947
Cost of products sold, excluding depreciation and amortization						1,618						1,618
Depreciation and amortization						42						42
Gross profit						287						287
Selling and administrative expense			$	3		103						106
Net interest expense			23			33						56
Translation and foreign exchange						3						3
Income/(loss) before income taxes			(26		)	148						122
Provision for / (benefit from) income taxes			(4		)	36						32
Equity earnings / (loss) in affiliates	$	69	91			—			$	(160	)	—
Net income	69		69			112			(160		)	90
Net income attributable to noncontrolling interests						(21		)				(21		)
Net income attributable to Crown Holdings	$	69	$	69		$	91		$	(160	)	$	69
Comprehensive income	$	144	$	144		$	190		$	(310	)	$	168
Comprehensive income attributable to noncontrolling interests						(24		)				(24		)
Comprehensive income attributable to Crown Holdings	$	144	$	144		$	166		$	(310	)	$	144

Condensed Combining Balance Sheet

As of March 31, 2013

(in millions)

	Parent			Issuer		Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents						$	304				$	304
Receivables, net						1,175					1,175
Inventories						1,352					1,352
Prepaid expenses and other current assets	—			$	83	110					193
Total current assets	—			83		2,941					3,024
Intercompany debt receivables						1,792		$	(1,792	)
Investments	$	772		1,813				(2,585		)
Goodwill						1,937					1,937
Property, plant and equipment, net						1,988					1,988
Other non-current assets				501		251					752
Total	$	772		$	2,397	$	8,909	$	(4,377	)	$	7,701
Liabilities and equity
Current liabilities
Short-term debt						$	267				$	267
Current maturities of long-term debt						129					129
Accounts payable and accrued liabilities	$	6		$	35	1,889					1,930
Total current liabilities	6			35		2,285					2,326
Long-term debt, excluding current maturities				411		3,297					3,708
Long-term intercompany debt	894			898				$	(1,792	)
Postretirement and pension liabilities	—					1,042					1,042
Other non-current liabilities	—			281		180					461
Commitments and contingent liabilities
Noncontrolling interests						292					292
Crown Holdings shareholders’ equity/(deficit)	(128		)	772		1,813		(2,585		)	(128		)
Total equity/(deficit)	(128		)	772		2,105		(2,585		)	164
Total	$	772		$	2,397	$	8,909	$	(4,377	)	$	7,701

As of December 31, 2012

(in millions)

	Parent			Issuer		Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents						$	350				$	350
Receivables, net						1,057					1,057
Inventories						1,166					1,166
Prepaid expenses and other current assets	$	1		$	83	93					177
Total current assets	1			83		2,666					2,750
Intercompany debt receivables						1,769		$	(1,769	)
Investments	749			1,768				(2,517		)
Goodwill						1,998					1,998
Property, plant and equipment, net						1,995					1,995
Other non-current assets				504		243					747
Total	$	750		$	2,355	$	8,671	$	(4,286	)	$	7,490
Liabilities and equity
Current liabilities
Short-term debt						$	261				$	261
Current maturities of long-term debt						115					115
Accounts payable and accrued liabilities	$	18		$	34	2,090					2,142
Total current liabilities	18			34		2,466					2,518
Long-term debt, excluding current maturities				412		2,877					3,289
Long-term intercompany debt	894			875				$	(1,769	)
Postretirement and pension liabilities						1,098					1,098
Other non-current liabilities				285		177					462
Commitments and contingent liabilities
Noncontrolling interests						285					285
Crown Holdings shareholders’ equity/(deficit)	(162		)	749		1,768		(2,517		)	(162		)
Total equity/(deficit)	(162		)	749		2,053		(2,517		)	123
Total	$	750		$	2,355	$	8,671	$	(4,286	)	$	7,490

Condensed Combining Statement Of Cash Flows

For the three months ended March 31, 2013

(in millions)

	Parent			Issuer			Non- Guarantors			Eliminations			Total Company
Net cash provide by/(used for) operating activities	$	(2	)	$	(34	)	$	(396	)				$	(432	)
Cash flows from investing activities
Capital expenditures							(63		)				(63		)
Intercompany investing activities				8			—			$	(8	)	—
Insurance proceeds							8						8
Other							3						3
Net cash provided by/(used for) investing activities	—			8			(52		)	(8		)	(52		)
Cash flows from financing activities
Proceeds from long-term debt							1,007						1,007
Payments of long-term debt							(911		)				(911		)
Net change in revolving credit facility and short-term debt							364						364
Debt issue costs							(15		)				(15		)
Net change in long-term intercompany balances				26			(26		)				—
Common stock issued	8						—						8
Common stock repurchased	(6		)				—						(6		)
Dividends paid							(8		)	8
Purchase of noncontrollling interests				—			(10		)				(10		)
Dividend paid to noncontrolling interests							(8		)				(8		)
Other							10						10
Net cash provided by/(used for) financing activities	2			26			403			8			439
Effect of exchange rate changes on cash and cash equivalents							(1		)				(1		)
Net change in cash and cash equivalents	—			—			(46		)	—			(46		)
Cash and cash equivalents at January 1	—			—			350			—			350
Cash and cash equivalents at March 31	$	—		$	—		$	304		$	—		$	304

For the three months ended March 31, 2012

(in millions)

	Parent			Issuer			Non- Guarantors			Eliminations			Total Company
Net cash provided by/(used for) operating activities	$	(5	)	$	(19	)	$	(365	)				$	(389	)
Cash flows from investing activities
Capital expenditures							(62		)				(62		)
Insurance proceeds							23						23
Intercompany investing activities				6						$	(6	)	—
Other							(9		)				(9		)
Net cash provided by/(used for) investing activities				6			(48		)	(6		)	(48		)
Cash flows from financing activities
Proceeds from long-term debt							21						21
Payments of long-term debt							(8		)				(8		)
Net change in revolving credit facility and short-term debt							338						338
Net change in long-term intercompany balances	10			13			(23		)				—
Common stock issued	2			—			—						2
Common stock repurchased	(7		)										(7		)
Dividends paid							(6		)	6			—
Dividend paid to noncontrolling interests							(16		)				(16		)
Other							8						8
Net cash provided by/(used for) financing activities	5			13			314			6			338
Effect of exchange rate changes on cash and cash equivalents							7						7
Net change in cash and cash equivalents	—			—			(92		)	—			(92		)
Cash and cash equivalents at January 1							342						342
Cash and cash equivalents at March 31	$	—		$	—		$	250		$	—		$	250

Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]

Condensed Combining Statement Of Comprehensive Income

For the three months ended March 31, 2013

(in millions)

	Parent		Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net sales						$	534		$	1,439					$	1,973
Cost of products sold, excluding depreciation and amortization			—			429			1,211						1,640
Depreciation and amortization						7			27						34
Gross profit						98			201						299
Selling and administrative expense			$	3		37			64						104
Provision for restructuring						4			—						4
Loss from early extinguishments of debt			37						1						38
Net interest expense			13			23			22						58
Technology royalty						(9		)	9
Translation and foreign exchange									2						2
Income/(loss) before income taxes			(53		)	43			103						93
Provision for / (benefit from) income taxes			(20		)	28			16						24
Equity earnings / (loss) in affiliates	$	41	52			26			—			$	(121	)	(2		)
Net income	41		19			41			87			(121		)	67
Net income attributable to noncontrolling interests									(26		)				(26		)
Net income attributable to Crown Holdings	$	41	$	19		$	41		$	61		$	(121	)	$	41
Comprehensive income	$	24	$	24		$	24		$	62		$	(87	)	$	47
Comprehensive income attributable to noncontrolling interests									(23		)				(23		)
Comprehensive income attributable to Crown Holdings	$	24	$	24		$	24		$	39		$	(87	)	$	24

For the three months ended March 31, 2012

(in millions)

	Parent		Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net sales						$	540		$	1,407					$	1,947
Cost of products sold, excluding depreciation and amortization						440			1,178						1,618
Depreciation and amortization						10			32						42
Gross profit						90			197						287
Selling and administrative expense			$	2		39			65						106
Net interest expense			13			22			21						56
Technology royalty			—			(10		)	10
Translation and foreign exchange			—			—			3						3
Income/(loss) before income taxes			(15		)	39			98						122
Provision for / (benefit from) income taxes	—		(6		)	21			17			—			32
Equity earnings / (loss) in affiliates	$	69	55			51			—			$	(175	)	—
Net income	69		46			69			81			(175		)	90
Net income attributable to noncontrolling interests						—			(21		)				(21		)
Net income attributable to Crown Holdings	$	69	$	46		$	69		$	60		$	(175	)	$	69
Comprehensive income	$	144	$	46		$	144		$	159		$	(325	)	$	168
Comprehensive income attributable to noncontrolling interests	—		—			—			(24		)	—			(24		)
Comprehensive income attributable to Crown Holdings	$	144	$	46		$	144		$	135		$	(325	)	$	144

Condensed Combining Balance Sheet

As of March 31, 2013

(in millions)

	Parent			Issuer		Guarantors		Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents				$	26	—		$	278				$	304
Receivables, net				—		$	17	1,158					1,175
Intercompany receivables						14		13		$	(27	)
Inventories						329		1,023					1,352
Prepaid expenses and other current assets	—			1		95		97					193
Total current assets	—			27		455		2,569		(27		)	3,024
Intercompany debt receivables				1,626		1,531		10		(3,167		)
Investments	$	772		1,615		605				(2,992		)
Goodwill						453		1,484					1,937
Property, plant and equipment, net				1		303		1,684					1,988
Other non-current assets				31		518		203					752
Total	$	772		$	3,300	$	3,865	$	5,950	$	(6,186	)	$	7,701
Liabilities and equity
Current liabilities
Short-term debt								$	267				$	267
Current maturities of long-term debt				$	28	—		101					129
Accounts payable and accrued liabilities	$	6		27		$	313	1,584					1,930
Intercompany payables						13		14		$	(27	)
Total current liabilities	6			55		326		1,966		(27		)	2,326
Long-term debt, excluding current maturities				2,006		412		1,290					3,708
Long-term intercompany debt	894			501		1,536		236		(3,167		)
Postretirement and pension liabilities						538		504					1,042
Other non-current liabilities						281		180					461
Commitments and contingent liabilities
Noncontrolling interests								292					292
Crown Holdings shareholders’ equity/(deficit)	(128		)	738		772		1,482		(2,992		)	(128		)
Total equity/(deficit)	(128		)	738		772		1,774		(2,992		)	164
Total	$	772		$	3,300	$	3,865	$	5,950	$	(6,186	)	$	7,701

As of December 31, 2012

(in millions)

	Parent			Issuer		Guarantors		Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents				$	27	$	1	$	322				$	350
Receivables, net				2		14		1,041					1,057
Intercompany receivables						7		17		$	(24	)
Inventories						282		884					1,166
Prepaid expenses and other current assets	$	1		1		92		83					177
Total current assets	1			30		396		2,347		(24		)	2,750
Intercompany debt receivables				1,530		1,483		279		(3,292		)
Investments	749			1,560		606				(2,915		)
Goodwill						453		1,545					1,998
Property, plant and equipment, net				1		308		1,686					1,995
Other non-current assets				26		529		192					747
Total	$	750		$	3,147	$	3,775	$	6,049	$	(6,231	)	$	7,490
Liabilities and equity
Current liabilities
Short-term debt								$	261				$	261
Current maturities of long-term debt				$	28	—		87					115
Accounts payable and accrued liabilities	$	18		33		$	317	1,774					2,142
Intercompany payables						17		7		$	(24	)
Total current liabilities	18			61		334		2,129		(24		)	2,518
Long-term debt, excluding current maturities				1,616		412		1,261					3,289
Long-term intercompany debt	894			756		1,447		195		(3,292		)	—
Postretirement and pension liabilities						545		553					1,098
Other non-current liabilities						288		174					462
Commitments and contingent liabilities
Noncontrolling interests								285					285
Crown Holdings shareholders’ equity/(deficit)	(162		)	714		749		1,452		(2,915		)	(162		)
Total equity/(deficit)	(162		)	714		749		1,737		(2,915		)	123
Total	$	750		$	3,147	$	3,775	$	6,049	$	(6,231	)	$	7,490

Condensed Combining Statement Of Cash Flows

For the three months ended March 31, 2013

(in millions)

	Parent			Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net provided by/(used for) operating activities	$	(2	)	$	(20	)	$	(48	)	$	(362	)				$	(432	)
Cash flows from investing activities
Capital expenditures							(5		)	(58		)				(63		)
Intercompany investing activities				2			8						$	(10	)
Insurance proceeds										8						8
Other							3			—						3
Net cash provided by/(used for) investing activities				2			6			(50		)	(10		)	(52		)
Cash flows from financing activities
Proceeds from long-term debt				1,000						7						1,007
Payments of long-term debt				(702		)				(209		)				(911		)
Net change in revolving credit facility and short-term debt				85						279						364
Debt issue costs				(15		)				—						(15		)
Net change in long-term intercompany balances	—			(351		)	41			310
Common stock issued	8															8
Common stock repurchased	(6		)													(6		)
Dividends paid										(10		)	10
Purchase of noncontrolling interests							—			(10		)				(10		)
Dividends paid to noncontrolling interests										(8		)				(8		)
Other										10						10
Net cash provided by/(used for) financing activities	2			17			41			369			10			439
Effect of exchange rate changes on cash and cash equivalents										(1		)				(1		)
Net change in cash and cash equivalents	—			(1		)	(1		)	(44		)	—			(46		)
Cash and cash equivalents at January 1				27			1			322						350
Cash and cash equivalents at March 31	$	—		$	26		$	—		$	278		$	—		$	304

For the three months ended March 31, 2012

(in millions)

	Parent			Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net provided by/(used for) operating activities	$	(5	)	$	(10	)	$	(24	)	$	(350	)				$	(389	)
Cash flows from investing activities
Capital expenditures							(4		)	(58		)				(62		)
Intercompany investing activities				5			7			—			$	(12	)	—
Insurance Proceeds										23						23
Other							—			(9		)				(9		)
Net cash provided by/(used for) investing activities	—			5			3			(44		)	(12		)	(48		)
Cash flows from financing activities
Proceeds from long-term debt				—						21						21
Payments of long-term debt				—			—			(8		)				(8		)
Net change in revolving credit facility and short-term debt				260						78						338
Net change in long-term intercompany balances	10			(248		)	21			217
Common stock issued	2															2
Common stock repurchased	(7		)							—			—			(7		)
Dividends paid							—			(12		)	12
Dividends paid to noncontrolling interests										(16		)				(16		)
Other	—			—			—			8			—			8
Net cash provided by/(used for) financing activities	5			12			21			288			12			338
Effect of exchange rate changes on cash and cash equivalents	—			—			—			7			—			7
Net change in cash and cash equivalents	—			7			—			(99		)	—			(92		)
Cash and cash equivalents at January 1	—			21			1			320			—			342
Cash and cash equivalents at March 31	$	—		$	28		$	1		$	221		$	—		$	250