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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net Income $ 340 $ 242
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 92 98
Provision (credit) for deferred income tax 15 (22)
Earnings of nonconsolidated affiliates in excess of dividends received 0 (4)
Net (gain)/loss on sales of property 3 (3)
Net gain on ownership transfer of property (23) 0
Restructuring charges 18 0
Pension contributions (1) (1)
Other, net 1 (1)
Changes in assets and liabilities:    
Accounts and notes receivable 14 (2)
Related company receivables 112 522
Inventories 1 (23)
Accounts payable 30 53
Related company payables (220) (9)
Other assets and liabilities (83) (171)
Cash provided by operating activities 299 679
Investing Activities    
Capital expenditures (114) (64)
Change in noncurrent receivable from related company 33 27
Proceeds from sales of property 0 8
Post-closing payments on sale of property (1) 0
Cash acquired in ownership transfer of property 5 0
Cash used in investing activities (77) (29)
Financing Activities    
Proceeds from Notes Payable 1 0
Dividends paid to stockholder (220) (655)
Payments on long-term debt 1 0
Cash used in financing activities (220) (655)
Summary    
Increase(decrease) in cash and cash equivalents 2 (5)
Cash and cash equivalents at beginning of year 23 33
Cash and cash equivalents at end of period $ 25 $ 28