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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended 11 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2011
Successor
Dec. 31, 2012
Successor
Jan. 31, 2011
Predecessor
Dec. 31, 2010
Predecessor
Cash Flows from Operating Activities:            
Net income $ (45) $ 86 $ 242 $ 1,133 $ 631 $ 6
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:            
Depreciation, Depletion and Amortization 73 22 79 211 4 50
Deferred income taxes 3   4 (162) 1 (5)
Share-based compensation expense 5 7 14 31   1
Amortization of debt issuance costs and discount on debt 2 1 1 10   9
Loss on extinguishment of debt 4          
Pension and postretirement healthcare benefit expense (income), net 2 2 4 5   (11)
Gain on bargain purchase       (1,055)    
Provision for environmental remediation and restoration, net of reimbursements           (49)
Other noncash items affecting net income 10 2 (7) 201    5
Reorganization items         (954) (37)
Contributions to employee pension and postretirement plans (1)   (8) (31)   (7)
Changes in assets and liabilities (net of effects of acquisition):            
(Increase) decrease in accounts receivable (36) (73) (58) 83 (10) (11)
(Increase) decrease in inventories 24 (93) (64) (222) (15) (7)
(Increase) decrease in prepaids and other assets 11   28 16 36 20
(Decrease) increase in accounts payable and accrued liabilities (41) 6 (28) (107) 24 100
(Decrease) increase in taxes payable (7) 15 26 2   (1)
Other, net (5) (1) 30 3   14
Cash provided by (used in) operating activities (1) (26) 263 118 (283) 77
Cash Flows from Investing Activities:            
Capital expenditures (45) (21) (133) (166) (6) (45)
Cash paid in acquisition of minerals sands business       (1)    
Cash received in acquisition of minerals sands business       115    
Proceeds from the sale of assets     1      
Cash used in investing activities (45) (21) (132) (52) (6) (45)
Cash Flows from Financing Activities:            
Reductions of debt (179) (421) (45) (585)   (425)
Proceeds from borrowings 945 550 14 1,707 25 425
Debt issuance costs (28) (19) (5) (38) (2) (15)
Merger consideration       (193)    
Class A ordinary share repurchases       (326)    
Shares purchased for the Employee Participation Plan       (15)    
Dividends paid (29)     (61)    
Proceeds from conversion of warrants 1 1 1 1    
Proceeds from rights offering         185  
Fees related to rights offering and other related debt costs           (17)
Cash provided by (used in) financing activities 710 111 (35) 490 208 (32)
Effects of Exchange Rate Changes on Cash and Cash Equivalents (5) 5 (3) 6   (1)
Net Increase (Decrease) in Cash and Cash Equivalents 659 69 93 562 (81) (1)
Cash and Cash Equivalents at Beginning of Period 716 154 61 154 142 143
Cash and Cash Equivalents at End of Period 1,375 223 154 716 61 142
Supplemental Cash Flow Information:            
Interest paid     29 34 3 40
Net income taxes paid     $ 8 $ 26   $ 6