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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net (loss) income $ (74) $ 158
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation, depletion and amortization (Note 5) 490 512
Provision for doubtful accounts (3) 4
Pensions and other postretirement benefits (112) (74)
Deferred income taxes 86 10
Net loss (gain) on disposal of assets (Notes 4 and 20) 308 (10)
Currency remeasurement gain (13) (26)
Distributions received, net of equity investees income (33) (49)
Changes in:    
Current receivables (86) (576)
Inventories 168 (511)
Current accounts payable and accrued expenses 108 443
Income taxes receivable/payable 27 148
Bank checks outstanding 25 21
All other, net 67 58
Net cash provided by operating activities 958 108
Investing activities:    
Capital expenditures (536) [1] (626) [1]
Disposal of assets 141 16
Change in restricted cash, net (67) 21
Investments, net (4) (22)
Net cash used in investing activities (466) (611)
Financing activities:    
Revolving credit facilities - borrowings 523 3,316
- repayments (653) (3,163)
Receivables Purchase Agreement proceeds (380) 75
Issuance of long-term debt, net of financing costs 485  
Repayment of long-term debt (319) (18)
Common stock issued   4
Distributions from noncontrolling interests   1
Dividends paid (22) (22)
Net cash (used in) provided by financing activities (366) 193
Effect of exchange rate changes on cash 2 2
Net increase (decrease) in cash and cash equivalents 128 (308)
Cash and cash equivalents at beginning of year 408 578
Cash and cash equivalents at end of period $ 536 $ 270
[1] Excludes the change in accrued capital expenditures of $50 million for the nine months ended September 30, 2012. The change in accrued capital expenditures was immaterial for the nine months ended September 30, 2011.