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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operations:    
Net earnings $ 41 $ 99
Noncash charges (credits) to earnings:    
Depreciation, depletion and amortization 113 123
Deferred income taxes, net (6) 39
Pension and other postretirement benefits (Note 10) (28) 24
Share-based compensation expense 10 14
Charges for impairment of assets 8 1
Net gains on dispositions of assets (7) (156)
Foreign exchange transaction gains (Note 6) (7) (7)
Change in:    
Receivables less allowances (5) (59)
Receivable for taxes (2) (20)
Inventories (40) (66)
Real estate and land (55) (2)
Prepaid expenses (8) (10)
Accounts payable and accrued liabilities (56) (38)
Pension and postretirement contributions (35) (19)
Other 17 (10)
Net cash from operations (60) (87)
Cash flows from investing activities:    
Property and equipment (54) (35)
Timberlands reforestation (10) (12)
Proceeds from sale of assets 6 193
Other 1 5
Cash from investing activities (57) 151
Cash flows from financing activities:    
Cash dividends (81) (81)
Change in book overdrafts (29) (19)
Payments on debt (2) (2)
Exercises of stock options 5 34
Other (1) 0
Cash from financing activities (108) (68)
Net change in cash and cash equivalents (225) (4)
Cash and cash equivalents at beginning of period 953 1,467
Cash and cash equivalents at end of period 728 1,463
Cash paid (received) during the year for:    
Interest, net of amount capitalized of $5 and $9 114 156
Income taxes $ (10) $ 2