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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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| Operating Activities: | |||||||||
| Net income | $ 147 | $ 375 | $ 260 | ||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
| Extraordinary gain on the acquisition of a business, net of tax | (2) | (4) | |||||||
| Loss (gain) on initial consolidation of subsidiaries | 4 | (12) | |||||||
| Equity in income of investment in unconsolidated affiliates | (8) | (7) | (8) | ||||||
| Depreciation and amortization | 424 | 408 | 416 | ||||||
| Provision for losses (gains) on accounts receivable | 2 | 4 | (4) | ||||||
| Loss (gain) on disposal of businesses/assets, net | 5 | (38) | |||||||
| Loss on early extinguishment of debt | 51 | 80 | 7 | ||||||
| Noncash interest expense | 23 | 45 | 51 | ||||||
| Noncash restructuring and impairment charges | 13 | 15 | 60 | ||||||
| Deferred income taxes | 56 | 76 | 40 | ||||||
| Noncash loss (gain) on foreign currency transactions | 31 | 11 | (32) | ||||||
| Noncash compensation | 28 | 26 | 22 | ||||||
| Other, net | (4) | (1) | |||||||
| Changes in operating assets and liabilities: | |||||||||
| Accounts and notes receivable | (11) | (121) | |||||||
| Inventories | 77 | (248) | (161) | ||||||
| Prepaid expenses | (11) | (3) | (4) | ||||||
| Other current assets | 23 | (1) | (87) | ||||||
| Other noncurrent assets | (113) | 103 | 2 | ||||||
| Accounts payable | (24) | 134 | 13 | ||||||
| Accrued liabilities | (39) | 41 | 108 | ||||||
| Other noncurrent liabilities | 60 | (197) | (75) | ||||||
| Net cash provided by operating activities | 734 | 860 | 432 | ||||||
| Investing Activities: | |||||||||
| Capital expenditures | (471) | (412) | (330) | ||||||
| Proceeds from settlements treated as reimbursement of capital expenditures | 3 | ||||||||
| Cash received from unconsolidated affiliates | 71 | 82 | 32 | ||||||
| Investment in unconsolidated affiliates | (104) | (127) | (26) | ||||||
| Acquisition of businesses, net of cash acquired | (66) | (18) | (34) | ||||||
| Cash assumed in connection with the initial consolidation of a variable interest entity | 28 | ||||||||
| Proceeds from sale of businesses/assets | 2 | 6 | 48 | ||||||
| Increase in receivable from affiliate | (48) | (108) | (57) | ||||||
| Other, net | 2 | (1) | (1) | ||||||
| Net cash used in investing activities | (614) | (578) | (337) | ||||||
| Financing Activities: | |||||||||
| Net repayments under revolving loan facilities | (4) | (15) | (2) | ||||||
| Net (repayments) on borrowings overdraft facilities | (9) | 2 | 9 | ||||||
| Repayments of short-term debt | (18) | (53) | (187) | ||||||
| Borrowings on short-term debt | 15 | 162 | |||||||
| Repayments of long-term debt | (840) | (694) | (408) | ||||||
| Proceeds from issuance of long-term debt | 979 | 405 | 98 | ||||||
| Repayments of notes payable to affiliate | (139) | (105) | |||||||
| Proceeds from notes payable to affiliate | 177 | 299 | 105 | ||||||
| Repayments of notes payable | (40) | (37) | (34) | ||||||
| Borrowings on notes payable | 35 | 34 | 35 | ||||||
| Debt issuance costs paid | (11) | (11) | (7) | ||||||
| Call premiums related to early extinguishment of debt | (4) | (2) | (6) | ||||||
| Dividends paid to parent | (96) | (96) | (79) | ||||||
| Dividends paid to noncontrolling interest | (9) | ||||||||
| Excess tax benefit related to stock-based compensation | 1 | 4 | 10 | ||||||
| Other, net | 3 | (3) | |||||||
| Net cash provided by (used in) financing activities | 188 | (306) | (418) | ||||||
| Effect of exchange rate changes on cash | (3) | 3 | (7) | ||||||
| Increase (decrease) in cash and cash equivalents | 305 | (21) | (330) | ||||||
| Cash and cash equivalents at beginning of period | 210 | [1] | 231 | 561 | |||||
| Cash and cash equivalents at end of period | 515 | [1],[2] | 210 | [1] | 231 | ||||
| Supplemental cash flow information: | |||||||||
| Cash paid for interest | 205 | 209 | 205 | ||||||
| Cash paid for income taxes | $ 44 | $ 129 | $ 44 | ||||||
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