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Condensed Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating activities:    
Net income attributable to the controlling and noncontrolling interests $ 2,816 $ 447
Less: Income from discontinued operations, net of income taxes (Note 5) (2,191) (135)
Income from continuing operations 625 312
Adjustments to reconcile net income to cash from operations:    
Depreciation and amortization 231 211
Pension expense (Note 13) 56 72
Canadian Pension Settlement Charge (Note 13) 18 0
Business restructuring (Note 8) 0 208
Environmental remediation charge (Note 20) 12 159
Equity affiliate earnings, net of dividends 7 (6)
Asbestos settlement, net of tax 4 4
Cash contributions to pension plans (28) (46)
Restructuring cash spending (Note 8) (37) (33)
Change in certain asset and liability accounts:    
(Increase) in receivables (468) (389)
(Increase) in inventories (23) (124)
(Increase) in other current assets (40) (22)
Increase in accounts payable and accrued liabilities 97 99
(Increase) in noncurrent assets (25) (4)
(Decrease) in noncurrent liabilities (34) (14)
Change in accrued tax and interest 31 (82)
Other 64 (23)
Cash from operating activities - Continuing Operations 490 322
Cash from operating activities - Discontinued Operations 4 112
Cash from operating activities 494 434
Capital spending:    
Additions to property and long-term investments (155) (123)
Business acquisitions, net of cash balances acquired (Note 4) (975) (52)
Proceeds from separation and merger of commodity chemicals business, net (Note 5) 940 19
Deposit of cash into escrow (Note 4) (4) (26)
Release of cash held in escrow 0 19
Purchase of short-term investments (564) (250)
Proceeds from maturity of short-term investments 1,174 25
Payments on cross currency swap contracts (23) (41)
Proceeds from termination of cross currency swap contracts 0 1
Reductions of other property and investments 2 21
Cash from (used for) investing activities - Continuing Operations 395 (407)
Cash used for investing activities - Discontinued Operations (1) (23)
Cash from (used for) investing activities 394 (430)
Debt:    
Net change in borrowings with maturities of three months or less (18) 10
Proceeds from other debt 1 0
Repayment of long-term debt (Note 9) (600) (71)
Repayment of acquired debt (Note 9) 0 117
Repayment of other debt (3) (3)
Other financing activities:    
Issuance of treasury stock (Note 14) 45 71
Purchase of treasury stock (Note 14) (140) (92)
Dividends paid (Note 14) (171) (177)
Dividends paid on subsidiary common stock to noncontrolling interests (Note 14) (38) (39)
Other 0 (12)
Cash used for financing activities - Continuing Operations (924) (430)
Cash used for financing activities - Discontinued Operations 0 (13)
Cash used for financing activities (924) (443)
Effect of currency exchange rate changes on cash and cash equivalents (27) (1)
Net decrease in cash and cash equivalents (63) (440)
Cash and cash equivalents, beginning of period 1,306 1,457
Cash and cash equivalents, end of period $ 1,243 $ 1,017