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Statement of Consolidated Cash Flows
€ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Cash from Operations      
Net (loss) income $ (197) $ 177 $ (2,244)
Adjustments to reconcile net (loss) income to cash from operations:      
Depreciation, depletion, and amortization 1,280 1,372 1,422
Deferred income taxes (T) 34 (35) 178
Equity income, net of dividends 158 104 77
Impairment of goodwill (A & E) 25   1,731
Restructuring and other charges (D) 1,195 1,168 782
Net gain from investing activities-asset sales (O) (74) (47) (10)
Net periodic pension benefit cost (W) 485 423 516
Stock-based compensation (R) 92 87 71
Excess tax benefits from stock-based payment arrangements (9) (9)  
Other (32) 66 4
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:      
Decrease (increase) in receivables 212 (312) (141)
(Increase) decrease in inventories (64) (355) 25
Decrease (increase) in prepaid expenses and other current assets 46 (25) (9)
(Decrease) increase in accounts payable, trade (90) 256 326
(Decrease) in accrued expenses (437) (451) (418)
Increase (decrease) in taxes, including income taxes 25 7 (43)
Pension contributions (W) (470) (501) (462)
(Increase) in noncurrent assets (370) (42) (156)
(Decrease) increase in noncurrent liabilities (227) (209) (71)
Cash provided from operations 1,582 1,674 1,578
Financing Activities      
Net change in short-term borrowings (original maturities of three months or less) (K) (16) (2) 5
Additions to debt (original maturities greater than three months) (K) 1,901 2,878 1,852
Debt issuance costs (3) (17) (3)
Payments on debt (original maturities greater than three months) (K) (2,030) (1,723) (2,317)
Proceeds from exercise of employee stock options (R) 25 150 13
Excess tax benefits from stock-based payment arrangements 9 9  
Issuance of mandatory convertible preferred stock (R)   1,211  
Dividends paid to shareholders (223) (161) (132)
Distributions to noncontrolling interests (106) (120) (109)
Contributions from noncontrolling interests (M) 2 53 12
Acquisitions of noncontrolling interests (M & P)   (28)  
Cash (used for) provided from financing activities (441) 2,250 (679)
Investing Activities      
Capital expenditures (1,180) (1,219) (1,193)
Acquisitions, net of cash acquired (F & P) 97 (2,385)  
Proceeds from the sale of assets and businesses (F) 112 253 13
Additions to investments (I & N) (134) (195) (293)
Sales of investments (I) 40 57  
Net change in restricted cash (20) (2) 170
Other 25 31 13
Cash used for investing activities (1,060) (3,460) (1,290)
Effect of exchange rate changes on cash and cash equivalents (39) (24) (33)
Net change in cash and cash equivalents 42 440 (424)
Cash and cash equivalents at beginning of year 1,877 1,437 1,861
Cash and cash equivalents at end of year $ 1,919 $ 1,877 $ 1,437