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Statement of Consolidated Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FROM OPERATIONS    
Net (loss) income $ (95) $ 968
Adjustments to reconcile net (loss) income to cash from operations:    
Depreciation, depletion, and amortization 1,099 1,113
Deferred income taxes (195) (78)
Equity income, net of dividends (3) (28)
Restructuring and other charges (C) 27 49
Net loss from investing activities - asset sales (H)   1
Loss from discontinued operations   5
Stock-based compensation 54 70
Excess tax benefits from stock-based payment arrangements (1) (6)
Other 100 35
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:    
(Increase) in receivables (L) (174) (419)
(Increase) in inventories (65) (608)
(Increase) decrease in prepaid expenses and other current assets (18) 13
(Decrease) increase in accounts payable, trade (109) 170
(Decrease) in accrued expenses (82) (195)
Increase in taxes, including income taxes 13 116
Pension contributions (515) (217)
Decrease (increase) in noncurrent assets 34 (92)
Increase in noncurrent liabilities 499 160
(Increase) in net assets held for sale (3)  
CASH PROVIDED FROM CONTINUING OPERATIONS 566 1,057
CASH USED FOR DISCONTINUED OPERATIONS (2) (6)
CASH PROVIDED FROM OPERATIONS 564 1,051
FINANCING ACTIVITIES    
Net change in short-term borrowings (original maturities of three months or less) 29 (36)
Net change in commercial paper (181) 107
Additions to debt (original maturities greater than three months) (F) 886 1,254
Debt issuance costs (3) (17)
Payments on debt (original maturities greater than three months) (F) (793) (1,122)
Proceeds from exercise of employee stock options 12 36
Excess tax benefits from stock-based payment arrangements 1 6
Dividends paid to shareholders (98) (98)
Distributions to noncontrolling interests (71) (253)
Contributions from noncontrolling interests 132 136
CASH (USED FOR) PROVIDED FROM FINANCING ACTIVITIES (86) 13
INVESTING ACTIVITIES    
Capital expenditures (863) (801)
Acquisitions, net of cash acquired   (240)
Proceeds from the sale of assets and businesses 13 (6)
Additions to investments (241) (216)
Sales of investments 11 5
Net change in restricted cash 51  
Other 63 (11)
CASH USED FOR INVESTING ACTIVITIES (966) (1,269)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (19) (6)
Net change in cash and cash equivalents (507) (211)
Cash and cash equivalents at beginning of year 1,939 1,543
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,432 $ 1,332