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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended 11 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2011
Successor [Member]
Dec. 31, 2012
Successor [Member]
Jan. 31, 2011
Predecessor [Member]
Dec. 31, 2010
Predecessor [Member]
Cash Flows from Operating Activities            
Net Income $ (46) $ 1,230 $ 242 $ 1,133 $ 631 $ 6
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:            
Depreciation, depletion and amortization 146 53 79 211 4 50
Deferred income taxes (6) (85) 4 (162) 1 (5)
Share-based compensation expense 11 27 14 31   1
Amortization of debt issuance costs and discount on debt     1 10   9
Amortization of debt issuance costs 4 6        
Loss on extinguishment of debt 4          
Pension and postretirement healthcare benefit (income) expense, net 4 2 4 5   (11)
Gain on bargain purchase   (1,055)   (1,055)    
Provision for environmental remediation and restoration, net of reimbursements           (49)
Other noncash items affecting net income (2) 60 (7) 201    5
Reorganization items         (954) (37)
Contributions to employee pension and postretirement plans     (8) (31)   (7)
Changes in assets and liabilities (net of effects of acquisition):            
(Increase) decrease in accounts receivable (49) 50 (58) 83 (10) (11)
(Increase) decrease in inventories 90 (215) (64) (222) (15) (7)
(Increase) decrease in prepaids and other assets   (1) 28 16 36 20
Increase (decrease) in accounts payable and accrued liabilities (49) (96) (28) (107) 24 100
Increase (decrease) in taxes payable (19) (2) 26 2   (1)
Other, net (9) (21) 30 3   14
Cash provided by (used in) operating activities 79 (47) 263 118 (283) 77
Cash Flows from Investing Activities            
Capital expenditures (79) (48) (133) (166) (6) (45)
Cash paid in acquisition of minerals sands business   (1)   (1)    
Cash received in acquisition of minerals sands business   115   115    
Proceeds from the sale of assets     1      
Cash provided by (used in) investing activities (79) 66 (132) (52) (6) (45)
Cash Flows from Financing Activities            
Reductions of debt (180) (554) (45) (585)   (425)
Proceeds from borrowings 945 777 14 1,707 25 425
Debt issuance costs (28) (20) (5) (38) (2) (15)
Merger consideration   (193)   (193)    
Class A ordinary share repurchases   (2)   (326)    
Shares purchased for the Employee Participation Plan       (15)    
Dividends paid (57)     (61)    
Proceeds from conversion of warrants 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 681 8 (35) 490 208 (32)
Effects of Exchange Rate Changes on Cash and Cash Equivalents (8) 5 (3) 6   (1)
Net Increase (Decrease) in Cash and Cash Equivalents 673 32 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 1,389 186 154 716 61 142
Supplemental Cash Flow Information:            
Interest paid     29 34 3 40
Net income taxes paid     $ 8 $ 26   $ 6