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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 393 $ 419
Adjustments to Reconcile Net Income to Cash Fows from Operating Activities:    
Depreciation and Amortization 553 539
Amortization and Write-Off of Debt Issuance Costs 12 13
Deferred Income Taxes 61 3
Net Pension Curtailments and Settlements 39 0
Net Rationalization Charges (Note 2) 80 41
Rationalization Payments (169) (60)
Net (Gains) Losses on Asset Sales (Note 3) 4 (6)
Pension Contributions and Direct Payments (1,292) (1,072)
Net Venezuela Currency Remeasurement Loss (Note 3) 155 115
Customer Prepayments and Government Grants 5 32
Insurance Proceeds 4 17
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:    
Accounts Receivable (675) (728)
Inventories (226) 249
Accounts Payable - Trade (69) (26)
Compensation and Benefits 103 215
Other Current Liabilities (5) (12)
Other Assets and Liabilities 88 (37)
Total Cash Flows from Operating Activities (939) (298)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital Expenditures (634) (734)
Asset Dispositions (Note 3) 6 8
Decrease in Restricted Cash 6 3
Short Term Securities Acquired (72) (89)
Short Term Securities Redeemed 82 81
Other Transactions 7 6
Total Cash Flows from Investing Activities (605) (725)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Short Term Debt and Overdrafts Incurred 52 30
Short Term Debt and Overdrafts Paid (24) (89)
Long Term Debt Incurred 1,739 2,152
Long Term Debt Paid (1,054) (660)
Common Stock Issued 41 16
Common Stock Repurchased (Note 12) (97) (1)
Common Stock Dividends Paid (Note 12) (43) 0
Preferred Stock Dividends Paid (Note 12) (15) (22)
Transactions with Minority Interests in Subsidiaries (36) (10)
Debt Related Costs and Other Transactions 0 (16)
Total Cash Flows from Financing Activities 563 1,400
Effect of Exchange Rate Changes on Cash and Cash Equivalents (271) (158)
Net Change in Cash and Cash Equivalents (1,252) 219
Cash and Cash Equivalents at Beginning of the Period 2,996 2,281
Cash and Cash Equivalents at End of the Period $ 1,744 $ 2,500