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Statement Of Consolidated Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FROM OPERATIONS    
Net income $ 99 $ 366
Adjustments to reconcile net income to cash from operations:    
Depreciation, depletion, and amortization 369 361
Deferred income taxes (100) (119)
Equity income, net of dividends (8) (4)
Restructuring and other charges (C) 10 6
Net loss from investing activities - asset sales (G) 2 1
Loss from discontinued operations   1
Stock-based compensation 19 23
Excess tax benefits from stock-based payment arrangements (1) (5)
Other 19 6
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:    
(Increase) in receivables (139) (406)
(Increase) in inventories (153) (356)
Decrease (increase) in prepaid expenses and other current assets 5 (71)
Increase in accounts payable, trade 3 111
(Decrease) in accrued expenses (236) (267)
Increase in taxes, including income taxes 41 133
Pension contributions (213) (31)
(Increase) in noncurrent assets (39) (60)
Increase in noncurrent liabilities 88 76
(Increase) in net assets held for sale (2)  
CASH USED FOR CONTINUING OPERATIONS (236) (235)
CASH USED FOR DISCONTINUED OPERATIONS   (1)
CASH USED FOR OPERATIONS (236) (236)
FINANCING ACTIVITIES    
Net change in short-term borrowings (original maturities of three months or less) (10) 129
Net change in commercial paper 51  
Additions to debt (original maturities greater than three months) (E) 730 5
Debt issuance costs (3)  
Payments on debt (original maturities greater than three months) (E) (414) (33)
Proceeds from exercise of employee stock options 8 28
Excess tax benefits from stock-based payment arrangements 1 5
Dividends paid to shareholders (33) (33)
Distributions to noncontrolling interests (26) (97)
Contributions from noncontrolling interests 90 121
CASH PROVIDED FROM FINANCING ACTIVITIES 394 125
INVESTING ACTIVITIES    
Capital expenditures (270) (204)
Acquisitions, net of cash acquired   (239)
Proceeds from the sale of assets and businesses 11  
Additions to investments (104) (118)
Sales of investments 11 5
Other 2 4
CASH USED FOR INVESTING ACTIVITIES (350) (552)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 2 7
Net change in cash and cash equivalents (190) (656)
Cash and cash equivalents at beginning of year 1,939 1,543
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,749 $ 887