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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES    
Net income $ 35 $ 14
Adjustments to determine net cash used in operating activities:    
Depreciation and amortization 89 77
(Gain) loss on unrealized derivatives and other realized derivatives in investing activities, net (8) 23
Gain on assets held for sale (11) 0
Deferred income taxes 3 (76)
Amortization of fair value adjustments 3 3
Equity in net loss of non–consolidated affiliates 2 4
Gain on foreign exchange remeasurement of debt 0 (2)
Loss on sale of assets 1 1
Amortization of debt issuance costs and carrying value adjustment 6 6
Other, net (1) (1)
Changes in assets and liabilities including assets and liabilities held for sale (net of effects from divestitures):    
Accounts receivable (169) (29)
Inventories (116) 12
Accounts payable 245 (149)
Other current assets (14) 3
Other current liabilities (84) 13
Other noncurrent assets (10) 2
Other noncurrent liabilities 5 (3)
Net cash used in operating activities (24) (102)
INVESTING ACTIVITIES    
Capital expenditures (138) (181)
Proceeds from sales of assets, net of transaction fees 34 0
Outflows from investments in and advances to non–consolidated affiliates, net 16 0
Proceeds (outflows) from settlement of other undesignated derivative instruments, net 1 (6)
Net cash used in investing activities (119) (187)
FINANCING ACTIVITIES    
Proceeds from issuance of debt 105 42
Principal payments (53) (17)
Short–term borrowings, net 166 219
Return of capital to our common shareholder 250 0
Debt issuance costs 0 (7)
Net cash (used in) provided by financing activities (32) 237
Net decrease in cash and cash equivalents (175) (52)
Effect of exchange rate changes on cash 3 0
Cash and cash equivalents — beginning of period 509 301
Cash and cash equivalents — end of period $ 337 $ 249