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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
OPERATING ACTIVITIES      
Net income $ 2,388 $ 335 $ 1,326
Adjustments to reconcile net income to cash (used for) provided by operating activities:      
Foreign exchange loss (gain) on debt 75 (606) 472
Gain on sale of fertilizer nutrients assets (2,440)    
Impairment of assets 77 31 18
Bad debt expense 48 55 69
Depreciation, depletion and amortization 443 443 439
Stock-based compensation expense 60 17 66
Recoverable taxes provision 3 61 (9)
Gain on sale of property, plant and equipment (7) (4) (14)
Deferred income taxes 160 (204) (251)
Equity in earnings of affiliates (27) (80) (34)
Changes in operating assets and liabilities, excluding the effects of acquisitions:      
Trade accounts receivable (1,560) 242 (338)
Inventories (1,894) 1,636 (905)
Prepaid commodity purchase contracts (65) 86 300
Secured advances to suppliers 35 221 (143)
Trade accounts payable 1,305 (1,427) 1,161
Advances on sales 70 (8) (106)
Unrealized net gain/loss on derivative contracts (588) (175) 184
Margin deposits (382) (229) 8
Recoverable taxes (122) (471) (428)
Accrued liabilities 15 (56) 207
Other-net (29) (235) 521
Cash (used for) provided by operating activities (2,435) (368) 2,543
INVESTING ACTIVITIES      
Payments made for capital expenditures (1,072) (918) (896)
Acquisitions of businesses (net of cash acquired) and intangible assets (252) (136) (131)
Proceeds from sales of fertilizer nutrients assets 3,914    
Cash disposed of in sale of fertilizer nutrients assets (106)    
Related party (loans) repayments (39) (22) 47
Proceeds from (payments for) investments 50 96 (94)
Proceeds from disposal of property, plant and equipment 16 36 39
Investments in affiliates (2) (8) (71)
Cash provided by (used for) investing activities 2,509 (952) (1,106)
FINANCING ACTIVITIES      
Net change in short-term debt with maturities of 90 days or less 573 (342) (687)
Proceeds from short-term debt with maturities greater than 90 days 1,669 1,140 1,887
Repayments of short-term debt with maturities greater than 90 days (1,070) (1,164) (1,206)
Proceeds from long-term debt 2,535 2,774 1,967
Repayment of long-term debt (3,227) (2,242) (2,819)
Proceeds from sale of common shares 6 763 7
Repurchase of common shares (354)    
Dividends paid to preference shareholders (78) (78) (81)
Dividends paid to common shareholders (124) (103) (87)
Dividends paid to noncontrolling interest (9) (17) (154)
Capital contributions from noncontrolling interest in less than wholly-owned subsidiaries 60 87 27
Return of capital to noncontrolling interest (11) (44)  
Cash (used for) provided by financing activities (30) 774 (1,146)
Effect of exchange rate changes on cash and cash equivalents (19) 95 (268)
Net increase (decrease) in cash and cash equivalents 25 (451) 23
Cash and cash equivalents, beginning of period 553 1,004 981
Cash and cash equivalents, end of period $ 578 $ 553 $ 1,004