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Statement of Consolidated Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FROM OPERATIONS    
Net income (loss) $ (68) $ 22
Adjustments to reconcile net (loss) income to cash from operations:    
Depreciation, depletion, and amortization 690 724
Deferred income taxes (133) (58)
Equity income, net of dividends 68 23
Restructuring and other charges (C) 571 251
Net gain from investing activities - asset sales (I) (29) (6)
Stock-based compensation 49 46
Excess tax benefits from stock-based payment arrangements (2)  
Other 43 27
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:    
(Increase) in receivables (225) (375)
(Increase) in inventories (457) (175)
(Increase) decrease in prepaid expenses and other current assets (13) 37
Increase in accounts payable, trade 26 299
(Decrease) in accrued expenses (349) (353)
(Decrease) increase in taxes, including income taxes (52) 40
Pension contributions (282) (181)
(Increase) in noncurrent assets (13) (48)
Increase in noncurrent liabilities 143 171
CASH (USED FOR) PROVIDED FROM OPERATIONS (33) 444
FINANCING ACTIVITIES    
Net change in short-term borrowings (original maturities of three months or less) 77 4
Net change in commercial paper 223  
Additions to debt (original maturities greater than three months) (G) 1,131 1,202
Debt issuance costs (10)  
Payments on debt (original maturities greater than three months) (G) (1,149) (1,647)
Proceeds from exercise of employee stock options 97 1
Excess tax benefits from stock-based payment arrangements 2  
Dividends paid to shareholders (69) (66)
Distributions to noncontrolling interests (55) (27)
Contributions from noncontrolling interests 44 12
CASH PROVIDED FROM (USED FOR) FINANCING ACTIVITIES 291 (521)
INVESTING ACTIVITIES    
Capital expenditures (467) (521)
Proceeds from the sale of assets and businesses 1 5
Additions to investments (106) (159)
Sales of investments 34  
Net change in restricted cash 3 105
Other 9 9
CASH USED FOR INVESTING ACTIVITIES (526) (561)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 14 (21)
Net change in cash and cash equivalents (254) (659)
Cash and cash equivalents at beginning of year 1,437 1,861
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,183 $ 1,202