XML 55 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING ACTIVITIES:      
Net income $ 1,530 $ 1,059 $ 1,755
Adjustments to net income:      
Depreciation and amortization 1,262 1,178 1,049
(Gain) loss from sale of investments and impairment expense 386 1,313 57
(Gain) loss on disposal and impairment write-down - discontinued operations (388) (209) 150
Provision for deferred taxes (199) (418) 15
Contingencies 30 37 (122)
(Gain) loss on the extinguishment of debt 62 34 (6)
Undistributed gain from sale of equity method investment 0 (106) 0
Other (149) 31 99
Changes in operating assets and liabilities, net of effects of acquisitions:      
(Increase) decrease in accounts receivable (236) (98) 62
(Increase) decrease in inventory (141) 10 (34)
(Increase) decrease in prepaid expenses and other current assets (7) 385 147
(Increase) decrease in other assets (403) (248) (177)
Increase (decrease) in accounts payable and other current liabilities 322 136 (308)
Increase (decrease) income taxes and other income tax payables, net 166 166 88
Increase (decrease) in other liabilities 351 257 (366)
Net cash provided by operating activities 2,884 3,465 2,211
INVESTING ACTIVITIES:      
Capital expenditures (2,430) (2,310) (2,520)
Acquisitions - net of cash acquired (3,562) (254) 0
Proceeds from the sale of businesses, net of cash sold 927 595 2
Proceeds from the sale of assets 117 23 17
Sale of short-term investments 6,075 5,786 4,526
Purchase of short-term investments (5,860) (5,795) (4,248)
(Increase) decrease in restricted cash 61 (104) 302
(Increase) decrease in debt service reserves and other assets (284) (56) 185
Affiliate advances and equity investments (155) (97) (155)
Proceeds from loan repayments 0 132 0
Proceeds from performance bond 199 0 0
Other investing 6 40 (26)
Net cash used in investing activities (4,906) (2,040) (1,917)
FINANCING ACTIVITIES:      
Issuance of common stock 0 1,567 0
Borrowings under the revolving credit facilities, net 437 78 11
Issuance of recourse debt 2,050 0 503
Issuance of non-recourse debt 3,218 1,940 1,997
Repayments of recourse debt (476) (914) (154)
Repayments of non-recourse debt (2,217) (1,945) (1,008)
Payments for financing fees (202) (61) (91)
Distributions to noncontrolling interests (1,088) (1,245) (846)
Contributions from noncontrolling interests 6 0 190
Financed capital expenditures (31) (23) (18)
Purchase of treasury stock (279) (99) 0
Other financing (6) (4) 26
Net cash (used in) provided by financing activities 1,412 (706) 610
Effect of exchange rate changes on cash (122) 8 22
(Increase) decrease in cash of discontinued and held for sale businesses (86) 41 (16)
Total increase (decrease) in cash and cash equivalents (818) 768 910
Cash and cash equivalents, beginning 2,522 1,754 844
Cash and cash equivalents, ending 1,704 2,522 1,754
SUPPLEMENTAL DISCLOSURES:      
Cash payments for interest, net of amounts capitalized 1,442 1,462 1,395
Cash payments for income taxes, net of refunds 971 698 484
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Assets acquired in noncash asset exchange 20 42 111
Parent Company
     
Adjustments to net income:      
(Gain) loss on the extinguishment of debt (15)    
Changes in operating assets and liabilities, net of effects of acquisitions:      
Net cash provided by operating activities 1,569 488 178
INVESTING ACTIVITIES:      
Acquisitions - net of cash acquired 2 (3) (5)
(Increase) decrease in restricted cash (261) (2) 4
Net cash used in investing activities (2,747) (912) (295)
FINANCING ACTIVITIES:      
Issuance of common stock 3 1,569 14
Borrowings under the revolving credit facilities, net 295 0 0
Payments for financing fees (75) (12) (23)
Purchase of treasury stock (279) (99) 0
Net cash (used in) provided by financing activities 773 390 545
Total increase (decrease) in cash and cash equivalents (405) (34) 428
Cash and cash equivalents, beginning 594 628 200
Cash and cash equivalents, ending 189 594 628
SUPPLEMENTAL DISCLOSURES:      
Cash payments for interest, net of amounts capitalized 392 412 410
Cash payments for income taxes, net of refunds $ (6) $ 0 $ 0