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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities      
Net earnings (loss) $ 607 $ 377 $ 498
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities      
Other charges (gains), net of amounts used (6) (5) 73
Depreciation, amortization and accretion 311 300 319
Deferred income taxes, net 93 15 (402)
(Gain) loss on disposition of businesses and assets, net 1 (8) (40)
Refinancing expense 3 16 0
Other, net 56 11 12
Operating cash provided by (used in) discontinued operations (9) 8 (2)
Changes in operating assets and liabilities      
Trade receivables - third party and affiliates, net (83) (90) (79)
Inventories (112) (98) 30
Other assets 17 9 9
Trade payables - third party and affiliates 22 19 104
Other liabilities (262) (102) 74
Net cash provided by (used in) operating activities 638 452 596
Investing activities      
Capital expenditures on property, plant and equipment (349) (201) (176)
Acquisitions, net of cash acquired (8) (46) (9)
Proceeds from sale of businesses and assets, net 6 26 171
Deferred proceeds from Ticona Kelsterbach plant relocation 159 0 412
Capital expenditures related to Ticona Kelsterbach plant relocation (204) (312) (351)
Proceeds from sale of marketable securities 0 0 15
Other, net (45) (27) (31)
Net cash provided by (used in) investing activities (441) (560) 31
Financing activities      
Short-term borrowings (repayments), net (16) (16) (9)
Proceeds from long-term debt 411 600 0
Repayments of long-term debt (591) (897) (80)
Refinancing costs (8) (24) (3)
Purchases of treasury stock, including related fees (31) (48) 0
Stock option exercises 20 14 14
Series A common stock dividends (34) (28) (23)
Preferred stock dividends 0 (3) (10)
Other, net (4) 14 (1)
Net cash provided by (used in) financing activities (253) (388) (112)
Exchange rate effects on cash and cash equivalents (2) (18) 63
Net increase (decrease) in cash and cash equivalents (58) (514) 578
Cash and cash equivalents at beginning of period 740 1,254 676
Cash and cash equivalents at end of period $ 682 $ 740 $ 1,254