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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 - operating activities    
Net income (loss) $ 73 $ (25)
Depreciation 49 55
Amortization of intangibles 22 21
Amortization of deferred financing charges and original issue discount 1 3
Loss on extinguishment of debt   53
Unremitted earnings of affiliates (3) (4)
Stock compensation expense 7 3
Deferred income taxes 2 5
Pension contributions (in excess of) less than expense (165) 4
Change in working capital (137) (120)
Other, net (2) 3
Net cash flows used in operating activities (153) (2)
Cash flows - investing activities    
Purchases of property, plant and equipment (34) (33)
Acquisition of business   (150)
Proceeds from sale of business   15
Other (2) (12)
Net cash flows used in investing activities (36) (180)
Cash flows - financing activities    
Net change in short-term debt 20 13
Proceeds from long-term debt 16 753
Repayment of long-term debt (3) (870)
Deferred financing payments   (25)
Dividends paid to preferred stockholders (8)  
Dividends paid to common stockholders (7)  
Dividends paid to noncontrolling interests   (2)
Other 1 5
Net cash flows provided by (used in) financing activities 19 (126)
Net decrease in cash and cash equivalents (170) (308)
Cash and cash equivalents - beginning of period 931 1,090
Effect of exchange rate changes on cash balances 12 8
Cash and cash equivalents - end of period $ 773 $ 790