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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows - operating activities    
Net income $ 222 $ 157
Depreciation 142 163
Amortization of intangibles 66 68
Amortization of deferred financing charges and original issue discount 4 5
Loss on extinguishment of debt   53
Gain on sale of equity investments   (60)
Unremitted earnings of affiliates (1) (15)
Stock compensation expense 14 9
Deferred income taxes (9) 3
Pension contributions in excess of expense (204) (4)
Change in working capital (116) (183)
Other, net 3 (10)
Net cash flows provided by operating activities 121 186
Cash flows - investing activities    
Purchases of property, plant and equipment (113) (127)
Acquisition of businesses (7) (163)
Payments to acquire interest in equity affiliate   (124)
Proceeds from sale of equity investments   136
Proceeds from sale of business 7 15
Other (1) 6
Net cash flows used in investing activities (114) (257)
Cash flows - financing activities    
Net change in short-term debt 26 25
Proceeds from long-term debt 40 764
Repayment of long-term debt (14) (879)
Deferred financing payments   (26)
Dividends paid to preferred stockholders (23) (23)
Dividends paid to common stockholders (22)  
Dividends paid to noncontrolling interests (9) (5)
Other (1) 8
Net cash flows used in financing activities (3) (136)
Net increase (decrease) in cash and cash equivalents 4 (207)
Cash and cash equivalents - beginning of period 931 1,090
Effect of exchange rate changes on cash balances 5 (32)
Cash and cash equivalents - end of period $ 940 $ 851