v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
OPERATING ACTIVITIES  
Net income$ 680$ 2,073
Adjustments to reconcile net income to cash provided by (used for) operating activities:  
Foreign exchange loss (gain) on debt10353
Gain on sale of fertilizer nutrients assets (2,440)
Impairment of assets 61
Bad debt expense1523
Depreciation, depletion and amortization398326
Stock-based compensation expense4047
Recoverable taxes provision 3
Gain on sale of property, plant and equipment(15)(6)
Deferred income taxes73213
Equity in earnings of affiliates(42)(17)
Changes in operating assets and liabilities, excluding the effects of acquisitions:  
Trade accounts receivable287(1,068)
Inventories63(872)
Prepaid commodity purchase contracts(247)(370)
Secured advances to suppliers(66)71
Trade accounts payable(282)961
Advances on sales71102
Net unrealized gain/loss on derivative contracts401(413)
Margin deposits560(228)
Accrued liabilities(73)177
Other-net(603)(316)
Cash provided by (used for) operating activities1,363(1,620)
INVESTING ACTIVITIES  
Payments made for capital expenditures(705)(754)
Acquisitions of businesses (net of cash acquired)(104)(138)
Proceeds from sales of fertilizer nutrients assets 3,914
Cash disposed in sale of fertilizer nutrients assets (106)
Related party loans10(17)
Proceeds from investments9450
Payments for investments(50) 
Proceeds from disposal of property, plant and equipment675
Investments in affiliates(28)(2)
Cash provided by (used for) investing activities(716)2,952
FINANCING ACTIVITIES  
Net change in short-term debt with maturities of 90 days or less207467
Proceeds from short-term debt with maturities greater than 90 days671396
Repayments of short-term debt with maturities greater than 90 days(1,195)(920)
Proceeds from long-term debt2,209168
Repayments of long-term debt(1,795)(1,156)
Proceeds from sale of common shares194
Repurchase of common shares(120)(354)
Dividends paid to preference shareholders(25)(58)
Dividends paid to common shareholders(104)(92)
Dividends paid to noncontrolling interest(16)(7)
Capital contributions from noncontrolling interest64 
Financing related fees(20) 
Other(1)36
Cash provided by (used for) financing activities(106)(1,516)
Effect of exchange rate changes on cash and cash equivalents(64)(19)
Net increase (decrease) in cash and cash equivalents477(203)
Cash and cash equivalents, beginning of period578553
Cash and cash equivalents, end of period$ 1,055$ 350