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Consolidated Statements of Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities  
Net earnings (loss)$ 512$ 319
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities  
Other charges (gains), net of amounts used(8)17
Depreciation, amortization and accretion231226
Deferred income taxes, net7(24)
(Gain) loss on disposition of businesses and assets, net0(12)
Refinancing expense316
Other, net4922
Operating cash provided by (used in) discontinued operations(9)5
Changes in operating assets and liabilities  
Trade receivables - third party and affiliates, net(175)(162)
Inventories(167)(63)
Other assets311
Trade payables - third party and affiliates7715
Other liabilities(42)(7)
Net cash provided by (used in) operating activities481363
Investing activities  
Capital expenditures on property, plant and equipment(241)(122)
Acquisitions, net of cash acquired(8)(46)
Proceeds from sale of businesses and assets, net622
Deferred proceeds from Ticona Kelsterbach plant relocation1580
Capital expenditures related to Ticona Kelsterbach plant relocation(174)(219)
Other, net(37)(16)
Net cash provided by (used in) investing activities(296)(381)
Financing activities  
Short-term borrowings (repayments), net(20)(4)
Proceeds from long-term debt411600
Repayments of long-term debt(562)(848)
Refinancing costs(8)(24)
Purchases of treasury stock, including related fees(28)(41)
Stock option exercises198
Series A common stock dividends(25)(20)
Preferred stock dividends0(3)
Other, net(11)0
Net cash provided by (used in) financing activities(224)(332)
Exchange rate effects on cash and cash equivalents3(20)
Net increase (decrease) in cash and cash equivalents(36)(370)
Cash and cash equivalents at beginning of period7401,254
Cash and cash equivalents at end of period$ 704$ 884