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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities      
Net earnings (loss) $ 1,101 $ 372 $ 427
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities      
Other charges (gains), net of amounts used 122 (12) (6)
Depreciation, amortization and accretion 319 320 311
Pension and postretirement benefit expense (35) 9 30
Pension and postretirement contributions (96) (288) (209)
Actuarial (gain) loss on pension and postretirement plans (104) 389 306
Pension curtailments and settlements, net (52) 0 0
Deferred income taxes, net 344 (175) (15)
(Gain) loss on disposition of businesses and assets, net (737) 3 1
Refinancing expense 1 3 3
Other, net (3) 53 56
Operating cash provided by (used in) discontinued operations (4) 2 (9)
Changes in operating assets and liabilities      
Trade receivables - third party and affiliates, net (23) 50 (83)
Inventories (81) 6 (112)
Other assets (110) 9 17
Trade payables - third party and affiliates 108 5 22
Other liabilities 12 (24) (101)
Net cash provided by (used in) operating activities 762 722 638
Investing Activities      
Capital expenditures on property, plant and equipment (370) (361) (349)
Acquisitions, net of cash acquired 0 (23) (8)
Proceeds from sale of businesses and assets, net 13 1 6
Deferred proceeds from Kelsterbach plant relocation 0 0 159
Capital expenditures related to Kelsterbach plant relocation (7) (49) (204)
Other, net (58) (68) (45)
Net cash provided by (used in) investing activities (422) (500) (441)
Financing Activities      
Short-term borrowings (repayments), net (11) 2 (13)
Proceeds from short-term borrowings 177 71 70
Repayments of short-term borrowings (123) (71) (73)
Proceeds from long-term debt 74 550 411
Repayments of long-term debt (198) (489) (591)
Refinancing costs (2) (9) (8)
Purchases of treasury stock, including related fees (164) (45) (31)
Stock option exercises 9 62 20
Series A common stock dividends (83) (43) (34)
Other, net (5) 21 (4)
Net cash provided by (used in) financing activities (326) 49 (253)
Exchange rate effects on cash and cash equivalents 11 6 (2)
Net increase (decrease) in cash and cash equivalents 25 277 (58)
Cash and cash equivalents as of beginning of period 959 682 740
Cash and cash equivalents as of end of period $ 984 $ 959 $ 682