XML 184 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 228us-gaap_CashAndCashEquivalentsAtCarryingValue $ 810us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term marketable securities 96us-gaap_MarketableSecuritiesCurrent 82us-gaap_MarketableSecuritiesCurrent
Restricted cash 1us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 5us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Receivables (net of reserves: 2014 - $22; 2013 - $12) 404us-gaap_ReceivablesNetCurrent 369us-gaap_ReceivablesNetCurrent
Inventories 329us-gaap_InventoryNet 332us-gaap_InventoryNet
Income taxes receivable 3us-gaap_IncomeTaxesReceivable 3us-gaap_IncomeTaxesReceivable
Deferred income taxes 43us-gaap_DeferredTaxAssetsNetCurrent 52us-gaap_DeferredTaxAssetsNetCurrent
Other current assets 48us-gaap_OtherAssetsCurrent 47us-gaap_OtherAssetsCurrent
Total current assets 1,152us-gaap_AssetsCurrent 1,700us-gaap_AssetsCurrent
Long-term marketable securities 58us-gaap_MarketableSecuritiesNoncurrent 60us-gaap_MarketableSecuritiesNoncurrent
Property, plant and equipment, net 1,908us-gaap_PropertyPlantAndEquipmentNet 2,103us-gaap_PropertyPlantAndEquipmentNet
Deferred income taxes 19us-gaap_DeferredTaxAssetsNetNoncurrent 17us-gaap_DeferredTaxAssetsNetNoncurrent
Equity method investments 735us-gaap_EquityMethodInvestments 73us-gaap_EquityMethodInvestments
Other assets 122us-gaap_OtherAssetsNoncurrent 168us-gaap_OtherAssetsNoncurrent
Total assets 3,994us-gaap_Assets 4,121us-gaap_Assets
Current Liabilities:    
Accounts payable 290us-gaap_AccountsPayableCurrent 284us-gaap_AccountsPayableCurrent
Accrued expenses 220us-gaap_AccruedLiabilitiesCurrent 216us-gaap_AccruedLiabilitiesCurrent
Current portion of long-term debt 4us-gaap_LongTermDebtCurrent 63us-gaap_LongTermDebtCurrent
Income taxes payable 1us-gaap_AccruedIncomeTaxesCurrent 5us-gaap_AccruedIncomeTaxesCurrent
Litigation settlement accrual 48us-gaap_LitigationReserveCurrent 0us-gaap_LitigationReserveCurrent
Total current liabilities 563us-gaap_LiabilitiesCurrent 568us-gaap_LiabilitiesCurrent
Long-term debt 2,205us-gaap_LongTermDebtNoncurrent 2,238us-gaap_LongTermDebtNoncurrent
Long-term debt - related party 0us-gaap_DueToRelatedPartiesNoncurrent 54us-gaap_DueToRelatedPartiesNoncurrent
Deferred income taxes 61us-gaap_DeferredTaxLiabilitiesNoncurrent 66us-gaap_DeferredTaxLiabilitiesNoncurrent
Pension and other postretirement benefits 491us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 277us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Other liabilities 266us-gaap_OtherLiabilitiesNoncurrent 256us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 3,586us-gaap_Liabilities 3,459us-gaap_Liabilities
Stockholders’ Equity:    
Preferred stock – $1 par value, authorized 36,000,000 shares; outstanding - none 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock – $0.10 par value; authorized 200,000,000 shares; issued: 2014 - 144,768,000 shares; 2013 - 137,314,000 shares 14us-gaap_CommonStockValue 14us-gaap_CommonStockValue
Additional paid-in capital 3,014us-gaap_AdditionalPaidInCapitalCommonStock 2,920us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated other comprehensive income (loss) (338)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 24us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained earnings (accumulated deficit) (2,283)us-gaap_RetainedEarningsAccumulatedDeficit (2,320)us-gaap_RetainedEarningsAccumulatedDeficit
Stockholders' equity of parent 407us-gaap_StockholdersEquity 638us-gaap_StockholdersEquity
Noncontrolling interest 1us-gaap_MinorityInterest 24us-gaap_MinorityInterest
Total stockholders’ equity including noncontrolling interest 408us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 662us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and stockholders’ equity $ 3,994us-gaap_LiabilitiesAndStockholdersEquity $ 4,121us-gaap_LiabilitiesAndStockholdersEquity