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CONDENSED CONSOLIDATED CASH FLOWS (USD $)
In Millions
3 Months Ended9 Months Ended
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:   
Net earnings$ 151$ 276$ 400
(Earnings) loss from discontinued operations(16)2(31)
Non-cash charges (credits):   
Depreciation 308267
Amortization of intangibles and other deferred items 1318
Amortization of finance fees and debt discount 2416
Deferred tax benefit (22)(7)
Restructuring and asset impairment 418
Charge for acquisition-related fair value inventory adjustments  5
Other 12378
Asbestos-related payments (102)(114)
Cash paid for restructuring activities (27)(49)
Change in non-current operating assets (72)(32)
Change in non-current liabilities (58)(44)
Change in components of working capital (225)(145)
Cash provided by continuing operating activities 281370
Cash provided by (utilized in) discontinued operating activities (1)35
Total cash provided by operating activities 280405
Cash flows from investing activities:   
Additions to property, plant, and equipment - continuing (204)(389)
Additions to property, plant, and equipment - discontinued  (3)
Acquisitions, net of cash acquired (148)(754)
Change in short-term investments (1) 
Net cash proceeds related to sale of assets and other 21
Cash utilized in investing activities (351)(1,145)
Cash flows from financing activities:   
Additions to long-term debt 1,5601,370
Repayments of long-term debt (1,849)(495)
Increase (decrease) in short-term loans - continuing 40(28)
Decrease in short-term loans - discontinued  (2)
Net receipts (payments) for hedging activity (22)34
Payment of finance fees (18)(33)
Dividends paid to noncontrolling interests (32)(23)
Treasury shares purchased  (199)
Issuance of common stock and other 54
Cash provided by (utilized in) financing activities (316)628
Effect of exchange rate fluctuations on cash 3 
Decrease in cash (384)(112)
Cash at beginning of period 640812
Cash at end of period700256700
Cash - discontinued operations43 43
Cash - continuing operations$ 657$ 256$ 657