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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities      
Net earnings (loss) $ 372 [1] $ 427 [1] $ 312 [1]
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities      
Other charges (gains), net of amounts used (12) (6) (5)
Depreciation, amortization and accretion 320 311 300
Pension and postretirement benefit expense 9 [1] 30 [1] 59 [1]
Pension and postretirement contributions (288) [1] (209) [1] (81) [1]
Actuarial (gain) loss on pension and postretirement plans 389 [1] 306 [1] 84 [1]
Deferred income taxes, net (175) [1] (15) [1] (24) [1]
(Gain) loss on disposition of businesses and assets, net 3 1 (8)
Refinancing expense 3 3 16
Other, net 53 56 11
Operating cash provided by (used in) discontinued operations 2 (9) 8
Changes in operating assets and liabilities      
Trade receivables - third party and affiliates, net 50 (83) (90)
Inventories 6 (112) (98)
Other assets 9 17 9
Trade payables - third party and affiliates 5 22 19
Other liabilities (24) [1] (101) [1] (60) [1]
Net cash provided by (used in) operating activities 722 638 452
Investing Activities      
Capital expenditures on property, plant and equipment (361) (349) (201)
Acquisitions, net of cash acquired (23) (8) (46)
Proceeds from sale of businesses and assets, net 1 6 26
Deferred proceeds from Kelsterbach plant relocation 0 159 0
Capital expenditures related to Kelsterbach plant relocation (49) (204) (312)
Proceeds from sale of marketable securities 0 0 0
Other, net (68) (45) (27)
Net cash provided by (used in) investing activities (500) (441) (560)
Financing Activities      
Short-term borrowings (repayments), net 2 (13) (31)
Proceeds from short-term borrowings 71 70 70
Repayments of short-term borrowings (71) (73) (55)
Proceeds from long-term debt 550 411 600
Repayments of long-term debt (489) (591) (897)
Refinancing costs (9) (8) (24)
Purchases of treasury stock, including related fees (45) (31) (48)
Stock option exercises 62 20 14
Series A common stock dividends (43) (34) (28)
Preferred stock dividends 0 0 (3)
Other, net 21 (4) 14
Net cash provided by (used in) financing activities 49 (253) (388)
Exchange rate effects on cash and cash equivalents 6 (2) (18)
Net increase (decrease) in cash and cash equivalents 277 (58) (514)
Cash and cash equivalents at beginning of period 682 740 1,254
Cash and cash equivalents at end of period $ 959 $ 682 $ 740
[1] As Adjusted (Note 2)