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Consolidated Statement of Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows - operating activities  
Net income$ 157$ 27
Depreciation163180
Amortization of intangibles6857
Amortization of deferred financing charges and original issue discount520
Loss on extinguishment of debt537
Gain on sale of equity investments(60) 
Deferred income taxes3(10)
Pension contributions (in excess of) less than expense(4)13
Loss on sale of business 5
Reorganization-related tax claim payment (75)
Change in working capital(183)(10)
Other, net(16)3
Net cash flows provided by operating activities186217
Cash flows - investing activities  
Purchases of property, plant and equipment(127)(62)
Acquisition of businesses(163) 
Payments to acquire interest in equity affiliate(124) 
Proceeds from sale of equity investments136 
Proceeds from sale of business15113
Other610
Net cash flows provided by (used in) investing activities(257)61
Cash flows - financing activities  
Net change in short-term debt2513
Proceeds from long-term debt76452
Repayment of long-term debt(879)(135)
Deferred financing payments(26) 
Dividends paid to preferred stockholders(23)(32)
Dividends paid to noncontrolling interests(5)(6)
Other82
Net cash flows used in financing activities(136)(106)
Net increase (decrease) in cash and cash equivalents(207)172
Cash and cash equivalents - beginning of period1,090888
Effect of exchange rate changes on cash balances(32)25
Cash and cash equivalents - end of period$ 851$ 1,085