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Supplementary Information
12 Months Ended
Dec. 31, 2013
Supplementary Information  
Supplementary Information

NOTE 9 — Supplementary Information

 

Balance Sheets

 

(in millions)

 

2013

 

2012

 

Accounts receivable — net:

 

 

 

 

 

Accounts receivable — trade

 

$

667

 

$

707

 

Accounts receivable — other

 

171

 

117

 

Allowance for doubtful accounts

 

(6

)

(10

)

Total accounts receivable — net

 

$

832

 

$

814

 

Inventories:

 

 

 

 

 

Finished and in process

 

$

440

 

$

475

 

Raw materials

 

235

 

313

 

Manufacturing supplies

 

48

 

46

 

Total inventories

 

$

723

 

$

834

 

Accrued liabilities:

 

 

 

 

 

Compensation-related costs

 

$

75

 

$

90

 

Income taxes payable

 

14

 

25

 

Dividends payable

 

32

 

20

 

Accrued interest

 

16

 

16

 

Taxes payable other than income taxes

 

32

 

33

 

Other

 

100

 

81

 

Total accrued liabilities

 

$

269

 

$

265

 

Non-current liabilities:

 

 

 

 

 

Employees’ pension, indemnity and postretirement

 

$

133

 

$

235

 

Other

 

30

 

62

 

Total non-current liabilities

 

$

163

 

$

297

 

 

Statements of Income

 

(in millions)

 

2013

 

2012

 

2011

 

Other income - net:

 

 

 

 

 

 

 

Gain from change in benefit plan in North America

 

$

 

$

5

 

$

 

Gain from sale of land

 

 

2

 

 

NAFTA award

 

 

 

58

 

Gain from change in a postretirement plan

 

 

 

30

 

Other

 

16

 

15

 

10

 

Other income - net

 

$

16

 

$

22

 

$

98

 

 

 

 

 

 

 

 

 

Financing costs-net:

 

 

 

 

 

 

 

Interest expense, net of amounts capitalized (a)

 

$

74

 

$

77

 

$

81

 

Interest income

 

(11

)

(10

)

(5

)

Foreign currency transaction losses

 

3

 

 

2

 

Financing costs-net

 

$

66

 

$

67

 

$

78

 

 

(a) Interest capitalized amounted to $4 million, $6 million and $5 million in 2013, 2012 and 2011, respectively.

 

Statements of Cash Flow

 

(in millions)

 

2013

 

2012

 

2011

 

Interest paid

 

$

67

 

$

72

 

$

85

 

Income taxes paid

 

135

 

133

 

177