Registration of securities issued in business combination transactions

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Operating Activities:  
Net income $ 418
Adjustments to reconcile net income to net cash provided by operating activities:  
Loss on the consolidation of a business 4
Equity in income of investment in unconsolidated affiliates (5)
Depreciation and amortization 306
Loss (gain) on disposal of businesses/assets, net 2
Loss on early extinguishment of debt 2
Noncash interest expense 36
Noncash restructuring and impairment charges 10
Deferred income taxes 127
Noncash loss (gain) on foreign currency transactions 9
Noncash compensation 20
Other, net 5
Changes in operating assets and liabilities:  
Accounts and notes receivable (102)
Inventories (252)
Prepaid expenses (17)
Other current assets (14)
Other noncurrent assets (8)
Accounts payable 112
Accrued liabilities 45
Other noncurrent liabilities (65)
Net cash provided by operating activities 633
Investing Activities:  
Capital expenditures (248)
Cash paid for acquisition of a business 18
Increase in receivable from affiliate (97)
Investment in unconsolidated affiliates (84)
Cash received from unconsolidated affiliates 51
Increase in restricted cash (2)
Other, net 2
Net cash used in investing activities (396)
Financing Activities:  
Net repayments under revolving loan facilities (16)
Net borrowings on overdraft facilities 2
Repayments of short-term debt (40)
Repayments of long-term debt (242)
Proceeds from issuance of long-term debt 3
Proceeds from notes payable to affiliate 172
Repayments of notes payable (33)
Borrowings on notes payable 34
Debt issuance costs paid (4)
Call premiums related to early extinguishment of debt (2)
Dividends paid to parent (72)
Excess tax benefit related to stock-based compensation 4
Other, net (5)
Net cash used in financing activities (199)
Effect of exchange rate changes on cash 2
Increase (decrease) in cash and cash equivalents 40
Cash and cash equivalents at beginning of period 231 [1]
Cash and cash equivalents at end of period 271 [1]
Supplemental cash flow information:  
Cash paid for interest 177
Cash paid for income taxes $ 70
[1] At September 30, 2012 and December 31, 2011, respectively, $31 and $44 of cash and cash equivalents, $9 and $2 of restricted cash, $40 and $29 of accounts and notes receivable (net), $42 and $47 of inventories, $1 each of other current assets, $382 and $403 of property, plant and equipment (net), $20 and $23 of intangible assets (net), $27 and $21 of other noncurrent assets, $63 and $55 of accounts payable, $25 and $21 of accrued liabilities, $25 and $16 of current portion of debt, $241 and $264 of long-term debt, and $72 and $111 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See "Note 5. Variable Interest Entities."