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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income (Loss) $ 237 $ 417 $ (164)
Adjustments to reconcile net income (loss) to cash flows from operating activities:      
Depreciation and amortization 687 715 652
Amortization and write-off of debt issuance costs 67 34 27
Rationalizations (Note 2) 175 103 240
Net gains on asset sales (Note 4) (25) (16) (73)
Pension contributions and direct payments (684) (294) (405)
Rationalization payments (106) (142) (57)
Venezuela currency devaluation (Note 3) 0 0 134
Customer prepayments and goverment grants 131 212 6
Insurance Proceeds 50 0 0
Changes in operating assets and liabilities, net of asset acquisitions and dispositions:      
Accounts receivable 291 (337) (181)
Inventories 619 (1,009) (536)
Accounts payable - trade (453) 696 769
Compensation and benefits 260 384 428
Other current liabilities (24) 89 103
Other assets and liabilities (187) (79) (19)
TOTAL CASH FLOWS FROM OPERATING ACTIVITIES 1,038 773 924
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (1,127) (1,043) (944)
Asset dispositions 16 76 70
Government grants received 2 95 0
Decrease (increase) in restricted cash 11 (25) (11)
Increase in short term securities (29) (4) 0
Other transactions (Note 11) 4 (1) 26
TOTAL CASH FLOWS FROM INVESTING ACTIVITIES (1,123) (902) (859)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Short term debt and overdrafts incurred 77 179 85
Short term debt and overdrafts paid (156) (138) (68)
Long term debt incurred 3,531 3,171 1,750
Long term debt paid (3,717) (2,650) (1,555)
Proceeds from issuance of preferred stock (Note 19) 0 484 0
Preferred stock dividends paid (Note 19) (29) (15) 0
Common stock issued (Note 17) 3 8 1
Transactions with minority interests in subsidiaries (71) (24) (13)
Debt related costs and other transactions (64) (21) (21)
TOTAL CASH FLOWS FROM FINANCING ACTIVITIES (426) 994 179
Effect of Exchange Rate Changes on Cash and Cash Equivalents 20 (98) (161)
Net Change in Cash and Cash Equivalents (491) 767 83
Cash and Cash Equivalents at Beginning of the Year 2,772 2,005 1,922
Cash and Cash Equivalents at End of the Year $ 2,281 $ 2,772 $ 2,005