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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 194 $ 224
Adjustments to Reconcile Net Income to Cash Fows from Operating Activities:    
Depreciation and Amortization 371 357
Amortization and Write-Off of Debt Issuance Costs 10 8
Net Pension Curtailments and Settlements 39 0
Net Rationalization Charges (Note 2) 65 20
Rationalization Payments (119) (43)
Net Gains on Asset Sales (Note 3) (3) (3)
Pension Contributions and Direct Payments (1,257) (993)
Net Venezuela Currency Remeasurement Loss (Note 3) 157 115
Customer Prepayments and Government Grants 4 29
Insurance Proceeds 4 17
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:    
Accounts Receivable (376) (391)
Inventories (318) 22
Accounts Payable - Trade 86 148
Compensation and Benefits 35 46
Other Current Liabilities (26) (38)
Other Assets and Liabilities 0 20
Total Cash Flows from Operating Activities (1,134) (462)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital Expenditures (441) (493)
Asset Dispositions (Note 3) 5 7
Decrease (Increase) in Restricted Cash 3 (8)
Short Term Securities Acquired (41) (60)
Short Term Securities Redeemed 46 48
Other Transactions 7 4
Total Cash Flows from Investing Activities (421) (502)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Short Term Debt and Overdrafts Incurred 18 29
Short Term Debt and Overdrafts Paid (24) (51)
Long Term Debt Incurred 1,314 2,115
Long Term Debt Paid (823) (639)
Common Stock Issued (Note 12) 31 5
Common Stock Repurchased (Note 12) (65) 0
Common Stock Dividends Paid (Note 12) (26) 0
Preferred Stock Dividends Paid (Note 12) (15) (15)
Transactions with Minority Interests in Subsidiaries (34) (8)
Debt Related Costs and Other Transactions 0 (16)
Total Cash Flows from Financing Activities 376 1,420
Effect of Exchange Rate Changes on Cash and Cash Equivalents (180) (173)
Net Change in Cash and Cash Equivalents (1,359) 283
Cash and Cash Equivalents at Beginning of the Period 2,996 2,281
Cash and Cash Equivalents at End of the Period $ 1,637 $ 2,564