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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net earnings (loss) $ 705 $ 447
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities    
Asset impairments 0 2
Depreciation, amortization and accretion 226 238
Pension and postretirement net periodic benefit cost (85) (16)
Pension and postretirement contributions (83) (49)
Deferred income taxes, net (8) 7
(Gain) loss on disposition of businesses and assets, net 5 2
Stock-based compensation 26 18
Undistributed earnings in unconsolidated affiliates (51) (47)
Other, net 15 7
Operating cash provided by (used in) discontinued operations 5 (5)
Changes in operating assets and liabilities    
Trade receivables - third party and affiliates, net (175) (113)
Inventories 7 (34)
Other assets 22 (82)
Trade payables - third party and affiliates 45 100
Other liabilities 142 133
Net cash provided by (used in) operating activities 796 608
Investing Activities    
Capital expenditures on property, plant and equipment (189) (199)
Acquisitions, net of cash acquired 0 0
Capital expenditures related to Kelsterbach plant relocation 0 (6)
Capital expenditures related to Fairway Methanol LLC (275) (60)
Other, net (13) (38)
Net cash provided by (used in) investing activities (477) (290)
Financing Activities    
Short-term borrowings (repayments), net 12 (12)
Proceeds from short-term debt 47 154
Repayments of short-term debt (70) (51)
Proceeds from long-term debt 387 74
Repayments of long-term debt (19) (192)
Purchases of treasury stock, including related fees (201) (102)
Stock option exercises 4 3
Series A common stock dividends (106) (55)
Contributions from noncontrolling interests 194 0
Other, net (11) (2)
Net cash provided by (used in) financing activities 237 (183)
Exchange rate effects on cash and cash equivalents (30) 6
Net increase (decrease) in cash and cash equivalents 526 141
Cash and cash equivalents as of beginning of period 984 959
Cash and cash equivalents as of end of period $ 1,510 $ 1,100