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Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net income $ 250 $ 157
Discontinued operations:    
(Gain) loss on dispositions, net 8 20
Depreciation and amortization 125 135
Amortization of deferred gains (43) (42)
(Gain) loss on asset dispositions and impairments, net 8 31
Stock-based compensation expense 34 37
Excess stock-based compensation tax benefit (68) (18)
Distributions in excess (deficit) of equity earnings (8) (3)
Non-cash portion of income tax (benefit) expense 32 4
Other non-cash adjustments to net income 22 19
Decrease (increase) in restricted cash 7 (16)
Other changes in working capital 165 (109)
Securitized VOI notes receivable activity, net 69 57
Unsecuritized VOI notes receivable activity, net (67) (66)
Accrued and deferred income taxes and other 12 (84)
Cash (used for) from operating activities 546 122
Investing Activities    
Purchases of plant, property and equipment (150) (141)
Proceeds from asset sales, net of transaction costs 31 291
(Issuance) collection of notes receivable, net 2 0
Acquisitions, net of acquired cash (1) 0
Distributions (contributions) from (to) investments, net 1 2
Other, net (11) (13)
Cash (used for) from investing activities (128) 139
Financing Activities    
(Increase) decrease in restricted cash 49 0
Long-term debt repaid (565) (4)
Long-term securitized debt repaid (83) (72)
Long-term debt issued 9  
Dividends paid (4) (3)
Proceeds from employee stock option exercises 39 55
Excess stock-based compensation tax benefit 68 18
Share repurchases (61) 0
Other, net (56) (29)
Cash (used for) from financing activities (604) (35)
Exchange rate effect on cash and cash equivalents 2 20
(Decrease) increase in cash and cash equivalents (184) 246
Cash and cash equivalents - beginning of period 454 753
Cash and cash equivalents - end of period 270 999
Cash paid (received) during the period for:    
Interest 89 103
Income taxes, net of refunds $ 52 $ 67