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CONDENSED CONSOLIDATED CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net earnings $ 74 $ 125
Loss from discontinued operations 10 1
Non-cash charges (credits):    
Depreciation 90 97
Amortization of intangibles and other deferred items 9 8
Amortization of finance fees and debt discount 8 8
Pension expense 26 22
Restructuring, asset impairment and related charges 10  
Other 31 10
Pension contributions (7) (17)
Asbestos-related payments (17) (30)
Cash paid for restructuring activities (34) (30)
Change in non-current assets and liabilities (33) (13)
Change in components of working capital (301) (275)
Cash utilized in continuing operating activities (134) (94)
Cash utilized in discontinued operating activities (2) (1)
Total cash utilized in operating activities (136) (95)
Cash flows from investing activities:    
Additions to property, plant and equipment (94) (73)
Acquisitions, net of cash acquired   (5)
Net cash proceeds related to sale of assets and other   11
Cash utilized in investing activities (94) (67)
Cash flows from financing activities:    
Additions to long-term debt 639 119
Repayments of long-term debt (483) (62)
Increase (decrease) in short-term loans 4 (20)
Net receipts for hedging activity   8
Payment of finance fees (5)  
Issuance of common stock and other 4  
Cash provided by financing activities 159 45
Effect of exchange rate fluctuations on cash (1) 16
Decrease in cash (72) (101)
Cash at beginning of period 431 400
Cash at end of period $ 359 $ 299