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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 675 $ 237 $ 417
Adjustments to Reconcile Net income to Cash Fows from Operating Activities:      
Depreciation and Amortization 722 687 715
Amortization and Write-Off of Debt Issuance Costs 18 67 34
Rationalizations (Note 2) 58 175 103
Rationalization Payments (72) (106) (142)
Net Gains on Asset Sales (Note 4) (8) (25) (16)
Pension Contributions and Direct Payments (1,162) (684) (294)
Venezuela Currency Devaluation (Note 4) 115 0 0
Customer Prepayments and Goverment Grants 44 131 212
Insurance Proceeds 17 50 0
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:      
Accounts Receivable 79 291 (337)
Inventories 366 619 (1,009)
Accounts Payable - Trade (30) (453) 696
Compensation and Benefits 243 260 384
Other Current Liabilities (28) (24) 89
Other Assets and Liabilities (99) (187) (79)
TOTAL CASH FLOWS FROM OPERATING ACTIVITIES 938 1,038 773
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital Expenditures (1,168) (1,127) (1,043)
Asset Dispositions (Note 4) 25 16 76
Government Grants Received 9 2 95
Decrease (Increase) in Restricted Cash 14 11 (25)
Short Term Securities Acquired (105) (57) (4)
Short Term Securities Redeemed 89 28 0
Other Transactions (Note 11) 0 4 (1)
TOTAL CASH FLOWS FROM INVESTING ACTIVITIES (1,136) (1,123) (902)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Short Term Debt and Overdrafts Incurred 31 77 179
Short Term Debt and Overdrafts Paid (120) (156) (138)
Long Term Debt Incurred 1,913 3,531 3,171
Long Term Debt Paid (681) (3,717) (2,650)
Proceeds from Issuance of Preferred Stock (Note 19) 0 0 484
Preferred Stock Dividends Paid (Note 19) (29) (29) (15)
Common Stock Issued (Note 17) 22 3 8
Common Stock Dividends Paid (Note 19) (12) 0 0
Transactions with Minority Interests in Subsidiaries (26) (71) (24)
Debt Related Costs and Other Transactions (16) (64) (21)
TOTAL CASH FLOWS FROM FINANCING ACTIVITIES 1,082 (426) 994
Effect of Exchange Rate Changes on Cash and Cash Equivalents (169) 20 (98)
Net Change in Cash and Cash Equivalents 715 (491) 767
Cash and Cash Equivalents at Beginning of the Year 2,281 2,772 2,005
Cash and Cash Equivalents at End of the Year $ 2,996 $ 2,281 $ 2,772