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Supplemental Data (Tables)
12 Months Ended
Dec. 31, 2011
Supplemental Income Statement Data
 
Year Ended December 31
 
2011
 
2010
 
2009
 
(Millions of dollars)
Advertising expense
$
686

 
$
698

 
$
559

Research expense
316

 
317

 
301

Foreign currency transaction (gains) losses, net
(27
)
 
20

 
110

Supplemental Cash Flow Data
Summary of Cash Flow Effects of (Increase) Decrease in Operating Working Capital(a)
Year Ended December 31
2011
 
2010
 
2009
 
(Millions of dollars)
Accounts receivable
$
(169
)
 
$
45

 
$
(20
)
Inventories
9

 
(341
)
 
523

Prepaid expenses
(19
)
 
10

 
(1
)
Trade accounts payable
161

 
263

 
278

Accrued expenses
(91
)
 
(122
)
 
201

Accrued income taxes
(107
)
 
180

 
(27
)
Derivatives
33

 
(61
)
 
116

Currency
(79
)
 
50

 
35

(Increase) decrease in operating working capital
$
(262
)
 
$
24

 
$
1,105


(a)
Excludes the effects of acquisitions and dispositions.
 
Year Ended December 31
Other Cash Flow Data
2011
 
2010
 
2009
 
(Millions of dollars)
Interest paid
$
273

 
$
248

 
$
290

Income taxes paid
463

 
582

 
764


Accounts Receivable, Net [Member]
 
Supplemental Balance Sheet Data
 
December 31
Summary of Accounts Receivable, net
2011
 
2010
 
(Millions of dollars)
Accounts Receivable:
 
 
 
From customers
$
2,352

 
$
2,231

Other
328

 
321

Less allowance for doubtful accounts and sales discounts
(78
)
 
(80
)
Total
$
2,602

 
$
2,472

Inventories [Member]
 
Supplemental Balance Sheet Data
 
December 31
 
2011
 
2010
Summary of Inventories
LIFO
 
Non-
LIFO
 
Total
 
LIFO
 
Non-
LIFO
 
Total
 
(Millions of dollars)
Inventories by Major Class:
 
 
 
 
 
 
 
 
 
 
 
At the lower of cost determined on the FIFO or weighted-average cost methods or market:
 
 
 
 
 
 
 
 
 
 
 
Raw materials
$
163

 
$
334

 
$
497

 
$
154

 
$
350

 
$
504

Work in process
245

 
126

 
371

 
195

 
144

 
339

Finished goods
708

 
760

 
1,468

 
715

 
763

 
1,478

Supplies and other

 
300

 
300

 

 
298

 
298

 
1,116

 
1,520

 
2,636

 
1,064

 
1,555

 
2,619

Excess of FIFO or weighted-average cost over LIFO cost
(280
)
 

 
(280
)
 
(246
)
 

 
(246
)
Total
$
836

 
$
1,520

 
$
2,356

 
$
818

 
$
1,555

 
$
2,373

Accrued Liabilities [Member]
 
Supplemental Balance Sheet Data
 
December 31
Summary of Accrued Expenses
2011
 
2010
 
(Millions of dollars)
Accrued advertising and promotion
$
377

 
$
403

Accrued salaries and wages
380

 
350

Accrued quantity discounts
344

 
353

Accrued taxes - income and other
266

 
259

Other
659

 
648

Total
$
2,026

 
$
2,013

Property, Plant and Equipment, Net [Member]
 
Supplemental Balance Sheet Data
 
December 31
Summary of Property, Plant and Equipment, net
2011
 
2010
 
(Millions of dollars)
Property, Plant and Equipment
 
 
 
Land
$
193

 
$
220

Buildings
2,858

 
2,833

Machinery and equipment
14,676

 
14,271

Construction in progress
513

 
553

 
18,240

 
17,877

Less accumulated depreciation
(10,191
)
 
(9,521
)
Total
$
8,049

 
$
8,356

Other Cash Flow Data and Interest Expense [Member]
 
Supplemental Cash Flow Data
 
Year Ended December 31
Other Cash Flow Data
2011
 
2010
 
2009
 
(Millions of dollars)
Interest paid
$
273

 
$
248

 
$
290

Income taxes paid
463

 
582

 
764



 
Year Ended December 31
Interest Expense
2011
 
2010
 
2009
 
(Millions of dollars)
Gross interest cost
$
285

 
$
255

 
$
288

Capitalized interest on major construction projects
(8
)
 
(12
)
 
(13
)
Interest expense
$
277

 
$
243

 
$
275