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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities    
Net earnings (loss) $ 183 $ 142
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities    
Other charges (gains), net of amounts used (4) (9)
Depreciation, amortization and accretion 77 75
Deferred income taxes, net (94) (2)
(Gain) loss on disposition of businesses and assets, net 0 0
Refinancing expense 0 0
Other, net 72 38
Operating cash provided by (used in) discontinued operations 0 (2)
Changes in operating assets and liabilities    
Trade receivables - third party and affiliates, net (47) (108)
Inventories (32) (60)
Other assets 19 (18)
Trade payables - third party and affiliates 123 75
Other liabilities (82) 1
Net cash provided by (used in) operating activities 215 132
Investing activities    
Capital expenditures on property, plant and equipment (106) (77)
Acquisitions, net of cash acquired (23) (8)
Proceeds from sale of businesses and assets, net 0 4
Deferred proceeds from Ticona Kelsterbach plant relocation 0 0
Capital expenditures related to Ticona Kelsterbach plant relocation (21) (54)
Other, net (5) (16)
Net cash provided by (used in) investing activities (155) (151)
Financing activities    
Short-term borrowings (repayments), net 10 (5)
Proceeds from long-term debt 0 11
Repayments of long-term debt (8) (9)
Refinancing costs 0 0
Purchases of treasury stock, including related fees (20) (3)
Stock option exercises 7 5
Series A common stock dividends (10) (8)
Preferred stock dividends 0 0
Other, net 0 (2)
Net cash provided by (used in) financing activities (21) (11)
Exchange rate effects on cash and cash equivalents 6 12
Net increase (decrease) in cash and cash equivalents 45 (18)
Cash and cash equivalents as of beginning of period 682 740
Cash and cash equivalents as of end of period $ 727 $ 722