XML 48 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statement Of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities [Abstract]    
Net income $ 137 $ 127
Depreciation 78 81
Amortization of intangibles 10 27
Amortization of deferred financing charges 2 $ 3
Call premium on senior notes 2  
Dividends received in excess of current earnings of affiliates 9 $ 6
Stock compensation expense 8 9
Deferred income taxes 2 (5)
Pension contributions, net $ (9) (5)
Interest payment received on payment-in-kind note receivable   40
Change in working capital $ (108) (66)
Other, net (3) 6
Net cash provided by operating activities 128 223
Investing activities [Abstract]    
Purchases of property, plant and equipment $ (122) (126)
Principal payment received on payment-in-kind note receivable   35
Purchases of marketable securities $ (26) (57)
Proceeds from sales of marketable securities 12 1
Proceeds from maturities of marketable securities 16 2
Proceeds from sale of business   9
Other (3) 3
Net cash used in investing activities (123) (133)
Financing activities [Abstract]    
Net change in short-term debt $ 3 (5)
Proceeds from letters of credit   12
Repayment of letters of credit $ (4) (6)
Proceeds from long-term debt 18 1
Repayment of long-term debt (58) (19)
Call premium on senior notes $ (2)  
Dividends paid to preferred stockholders   (4)
Dividends paid to common stockholders $ (18) (16)
Distributions to noncontrolling interests (3) (2)
Repurchases of common stock (126) $ (113)
Other 1  
Net cash used in financing activities (189) $ (152)
Net decrease in cash and cash equivalents (184) (62)
Cash and cash equivalents - beginning of period 1,121 1,256
Effect of exchange rate changes on cash balances (43) (22)
Cash and cash equivalents – end of period $ 894 $ 1,172