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Unaudited Interim Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net earnings (loss) $ 586 $ 705
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities    
Asset impairments 1 0
Depreciation, amortization and accretion 257 226
Pension and postretirement net periodic benefit cost (37) (85)
Pension and postretirement contributions (53) (83)
Deferred income taxes, net 4 (8)
(Gain) loss on disposition of businesses and assets, net 7 5
Stock-based compensation 32 26
Undistributed earnings in unconsolidated affiliates (16) (51)
Other, net 6 15
Operating cash provided by (used in) discontinued operations 3 5
Changes in operating assets and liabilities    
Trade receivables - third party and affiliates, net (16) (175)
Inventories 20 7
Other assets 13 22
Trade payables - third party and affiliates (98) 45
Other liabilities 17 142
Net cash provided by (used in) operating activities 726 796
Investing Activities    
Capital expenditures on property, plant and equipment (168) (189)
Acquisitions, net of cash acquired (3) 0
Proceeds from sale of businesses and assets, net 0 0
Capital expenditures related to Fairway Methanol LLC (263) (275)
Other, net (27) (13)
Net cash provided by (used in) investing activities (461) (477)
Financing Activities    
Net change in short-term borrowings with maturities of 3 months or less 346 12
Proceeds from short-term borrowings 40 47
Repayments of short-term borrowings (60) (70)
Proceeds from long-term debt 0 387
Repayments of long-term debt (18) (19)
Purchases of treasury stock, including related fees (420) (201)
Stock option exercises 2 4
Series A common stock dividends (131) (106)
Contributions from noncontrolling interests 187 194
Other, net (10) (11)
Net cash provided by (used in) financing activities (64) 237
Exchange rate effects on cash and cash equivalents (29) (30)
Net increase (decrease) in cash and cash equivalents 172 526
Cash and cash equivalents as of beginning of period 780 984
Cash and cash equivalents as of end of period $ 952 $ 1,510