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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Consolidated net income$ 731$ 708
Adjustments to reconcile consolidated net income to net cash provided by operating activities:  
Depreciation and amortization935917
Deferred income tax provision4895
Interest accretion on landfill liabilities6261
Interest accretion on and discount rate adjustments to environmental remediation liabilities and recovery assets2117
Provision for bad debts2929
Equity-based compensation expense3828
Net gain on disposal of assets(13)(16)
Excess tax benefits associated with equity-based transactions(7)(4)
Effect of (income) expense from divestitures, asset impairments and unusual items6(1)
Equity in net losses of unconsolidated entities, net of dividends2014
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:  
Receivables(146)(159)
Other current assets(25)38
Other assets35(4)
Accounts payable and accrued liabilities96(62)
Deferred revenues and other liabilities(93)(8)
Net cash provided by operating activities1,7371,653
Cash flows from investing activities:  
Acquisitions of businesses, net of cash acquired(645)(343)
Capital expenditures(909)(737)
Proceeds from divestitures of businesses (net of cash divested) and other sales of assets2236
Net receipts from restricted trust and escrow accounts7436
Investments in unconsolidated entities(92)(162)
Other15(5)
Net cash used in investing activities(1,535)(1,175)
Cash flows from financing activities:  
New borrowings1,001775
Debt repayments(425)(932)
Common stock repurchases(528)(443)
Cash dividends(481)(454)
Exercise of common stock options4028
Excess tax benefits associated with equity-based transactions74
Distributions paid to noncontrolling interests(30)(30)
Other(43)(17)
Net cash used in financing activities(459)(1,069)
Effect of exchange rate changes on cash and cash equivalents01
Decrease in cash and cash equivalents(257)(590)
Cash and cash equivalents at beginning of period5391,140
Cash and cash equivalents at end of period$ 282$ 550