Registration of securities issued in business combination transactions

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
 9 Months Ended 12 Months Ended
Sep. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities:        
Net income (loss) $ 166 $ 260 $ 185 $ (412)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Extraordinary (gain) loss on the acquisition of a business, net of tax (2) (4) 1 (6)
Gain on the consolidation of a variable interest entity (12) (12)    
Equity in income of investment in unconsolidated affiliates (6) (8) (24) (3)
Dividends received from unconsolidated affiliates       11
Depreciation and amortization 310 416 382 420
Provision for (gains) losses on accounts receivable   (4) 6 9
(Gain) loss on disposal of businesses/assets, net (5) (38) 8 (2)
Loss on early extinguishment of debt 5 7 37 21
Noncash interest expense 38 51 40 39
Deferred income taxes 47 40 45 68
Noncash restructuring and impairment charges 53 60 2 13
Noncash loss (gain) on foreign currency transactions (15) (32) 22 (26)
Noncash compensation 17 22 24 16
Portion of insurance settlement representing cash provided by investing activities     (34)  
Other, net (1) (1) 1 1
Changes in operating assets and liabilities:        
Accounts and notes receivable (314) (121) (183) (88)
Accounts receivable from A/R Programs     (254)  
Inventories (273) (161) (207) 351
Prepaid expenses (14) (4) (2) 5
Other current assets (150) (87) (1) (6)
Other noncurrent assets 20 2 (102) (32)
Accounts payable 72 13 97 4
Accrued liabilities 122 108 (32) 5
Other noncurrent liabilities 8 (75) (57) 32
Net cash provided by operating activities 68 432 (46) 420
Investing Activities:        
Capital expenditures (217) (330) (236) (189)
Proceeds from settlements treated as reimbursement of capital expenditures 3 3 34  
Acquisition of businesses, net of cash acquired and post-closing adjustments   (34)   (31)
Cash assumed in connection with the initial consolidation of a variable interest entity 28 28 14  
Proceeds from sale of businesses/assets   48 2 5
Increase in receivable from affiliate (35) (57) (57) (7)
Investment in unconsolidated affiliates (17) (26) (27) (15)
Cash received from unconsolidated affiliates 19 32 31 22
Other, net   (1) 1 3
Net cash used in investing activities (235) (337) (238) (212)
Financing Activities:        
Net repayments under revolving loan facilities   (2) (6) (14)
Revolving loan facility from A/R Programs     254  
Net borrowings (repayments) on overdraft facilities 10 9 (2) (12)
Repayments of short-term debt (151) (187) (175) (13)
Borrowings on short-term debt 126 162 212  
Repayments of long-term debt (287) (408) (1,207) (542)
Proceeds from issuance of long-term debt 89 98 923 880
Repayments of notes payable to affiliate   (105) (125) (403)
Proceeds from notes payable to affiliate 105 105 110 529
Repayments of notes payable (24) (34) (53) (63)
Borrowings on notes payable 35 35 46 64
Debt issuance costs paid (7) (7) (29) (5)
Call premiums related to early extinguishment of debt (5) (6) (28) (14)
Contribution from parent       236
Dividends paid to parent (56) (79)   (23)
Dividends paid to noncontrolling interest (5) (9)    
Excess tax benefit related to stock-based compensation 10 10 4  
Other, net 3   (2) (1)
Net cash used in financing activities (157) (418) (78) 619
Effect of exchange rate changes on cash (3) (7) 4 5
Increase (decrease) in cash and cash equivalents (327) (330) (358) 832
Cash and cash equivalents at beginning of period 561 [1] 561 [1] 919 87
Cash and cash equivalents at end of period 234 231 [2] 561 [1] 919
Supplemental cash flow information:        
Cash paid for interest 179 205 194 221
Cash paid for income taxes $ 34 $ 44 $ 32 $ 27
[1] At December 31, 2011 and 2010, respectively, $44 and $7 of cash and cash equivalents, $2 and nil of restricted cash, $29 and $8 of accounts and notes receivable (net), $47 and $45 of inventories, $1 and $2 of other current assets, $403 and $275 of property, plant and equipment (net), $23 and $7 of intangible assets (net), $21 and $18 of other noncurrent assets, $55 and $56 of accounts payable, $21 and $16 of accrued liabilities, $16 and $15 of current portion of debt, $264 and $185 of long-term debt, and $111 and $109 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See "Note 7. Variable Interest Entities."
[2] 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."