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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net earnings (loss) $ 447 $ 541 [1]
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities    
Other charges (gains), net of amounts used (8) (13)
Depreciation, amortization and accretion 238 236
Pension and postretirement benefit expense (16) 7 [1]
Pension and postretirement contributions (49) (151) [1]
Deferred income taxes, net 7 (87) [1]
(Gain) loss on disposition of businesses and assets, net 2 2
Debt Issuance cost 1 0
Other, net (23) 85
Operating cash provided by (used in) discontinued operations (5) 0
Changes in operating assets and liabilities    
Trade receivables - third party and affiliates, net (113) (62)
Inventories (34) 1
Other assets (82) 15
Trade payables - third party and affiliates 100 58
Other liabilities 143 29 [1]
Net cash provided by (used in) operating activities 608 661
Investing activities    
Capital expenditures on property, plant and equipment (259) (270)
Acquisitions, net of cash acquired 0 (23)
Proceeds from sale of businesses and assets, net 13 1
Capital expenditures related to Kelsterbach plant relocation (6) (43)
Other, net (38) (62)
Net cash provided by (used in) investing activities (290) (397)
Financing activities    
Short-term borrowings (repayments), net (12) (7)
Proceeds from short-term debt 154 50
Repayments of short-term debt (51) (50)
Proceeds from long-term debt 74 0
Repayments of long-term debt (192) (32)
Refinancing costs (2) 0
Purchases of treasury stock, including related fees (102) (37)
Stock option exercises 3 58
Series A common stock dividends (55) (31)
Other, net 0 28
Net cash provided by (used in) financing activities (183) (21)
Exchange rate effects on cash and cash equivalents 6 3
Net increase (decrease) in cash and cash equivalents 141 246
Cash and cash equivalents as of beginning of period 959 682
Cash and cash equivalents as of end of period $ 1,100 $ 928
[1] As Adjusted (Note 1)