XML 26 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net Income $ 588 $ 489
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 137 150
Provision (credit) for deferred income tax 32 (92)
Earnings of nonconsolidated affiliates in excess of dividends received (1) (6)
Net (gain)/loss on sales of property (3) 70
Net gain on ownership transfer of property (23) 0
Restructuring charges 18 0
Pension contributions (1) (1)
Other, net 2 0
Changes in assets and liabilities:    
Accounts and notes receivable 20 (19)
Related company receivables 32 4
Inventories 18 (28)
Accounts payable (10) 33
Related company payables (414) 543
Other assets and liabilities (32) (85)
Cash provided by operating activities 369 918
Investing Activities    
Capital expenditures (185) (98)
Change in noncurrent receivable from related company 33 30
Proceeds from sales of property 0 153
Post-closing payments on sale of property (1) 0
Cash acquired in ownership transfer of property 5 0
Cash used in investing activities (148) 85
Financing Activities    
Proceeds from notes payable 1 0
Dividends paid to stockholder (220) (1,010)
Payments on long-term debt 1 0
Cash used in financing activities (220) (1,010)
Summary    
Increase(decrease) in cash and cash equivalents 1 (7)
Cash and cash equivalents at beginning of year 23 33
Cash and cash equivalents at end of period $ 24 $ 26