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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING ACTIVITIES    
Net income $ 200 $ 211
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,208 369
Deferred income taxes 115 40
Provision for uncollectible accounts 56 20
Long-term debt (premium) discount amortization (28)  
Changes in current assets and current liabilities:    
Accounts receivable 18 25
Accounts payable (198) (1)
Accrued income and other taxes 80 96
Other current assets and other current liabilities, net 156 32
Retirement benefits (75) (110)
Changes in other noncurrent assets and liabilities 47 (15)
Other, net 4 3
Net cash provided by operating activities 1,583 670
INVESTING ACTIVITIES    
Payments for property, plant and equipment and capitalized software (678) (211)
Other, net 15 3
Net cash used in investing activities (663) (208)
FINANCING ACTIVITIES    
Net proceeds from issuance of long-term debt 2,032  
Payments of long-term debt (849) (3)
Net payments on credit facility (277) (145)
Dividends paid (452) (222)
Net proceeds from issuance of common stock 35 19
Repurchase of common stock (11) (15)
Other, net 3 1
Net cash provided by (used in) financing activities 481 (365)
Effect of exchange rate changes on cash and cash equivalents 1  
Net increase in cash and cash equivalents 1,402 97
Cash and cash equivalents at beginning of period 128 173
Cash and cash equivalents at end of period 1,530 270
Supplemental cash flow information:    
Income taxes paid, net (1) (5)
Interest paid (net of capitalized interest of $9 and $3) $ (244) $ (70)