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Cash Flow Information
12 Months Ended
Dec. 31, 2011
Cash Flow Information [Abstract]  
Cash Flow Information

P. Cash Flow Information

Cash paid for interest and income taxes was as follows:

 

     2011      2010     2009  

Interest, net of amount capitalized

   $ 491       $ 452      $ 396   

Income taxes, net of amount refunded

     382         (67     168   

The details related to cash paid for acquisitions were as follows:

 

     2011     2010     2009  

Assets acquired

   $ 253      $ 87      $ 389   

Liabilities assumed

     (12     (15     (294

Noncontrolling interests acquired

     —          4        —     

Redemption of convertible securities of subsidiary

     —          40        —     

Reduction in Alcoa shareholders' equity

     —          22        —     

Gain recognized

     —          —          (92
  

 

 

   

 

 

   

 

 

 

Cash paid

     241        138        3   

Less: cash acquired

     1        —          115   
  

 

 

   

 

 

   

 

 

 

Net cash paid (received)

   $ 240      $      $ (112
  

 

 

   

 

 

   

 

 

 

In 2011 and 2010, Alcoa issued $600 in common stock to satisfy a portion of its accrued pension benefits liability (see Notes R and W).