XML 42 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net earnings $ 662 $ 297
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:    
Depreciation and amortization 397 425
Settlement of Brazilian collection dispute 0 (275)
Curtailment gain 0 (52)
Changes in assets and liabilities:    
Accounts receivable (268) (188)
Inventories (335) (260)
Accounts payable 160 134
Accrued advertising and promotions (1) (15)
Taxes deferred and payable, net (101) (63)
Accrued pension and postretirement benefits (147) (213)
Employee compensation (73) 160
Other (52) (111)
Cash provided by (used in) operating activities 242 (161)
Investing activities    
Capital expenditures (317) (276)
Proceeds from sale of assets 3 2
Other (39) 0
Cash used in investing activities (353) (274)
Financing activities    
Proceeds from borrowings of long-term debt 499 300
Repayments of long-term debt (507) (359)
Dividends paid (139) (116)
Net (repayments) proceeds of short-term borrowings (3) 19
Common stock issued 80 14
Purchase of treasury stock (140) 0
Other (9) (19)
Cash used in financing activities (219) (161)
Effect of exchange rate changes on cash and equivalents (12) 5
Decrease in cash and equivalents (342) (591)
Cash and equivalents at beginning of period 1,168 1,109
Cash and equivalents at end of period $ 826 $ 518