SUPPLEMENTAL CASH FLOW INFORMATION
Included in the line item "Other items, net" of the "Cash flows from operating activities" section of the Consolidated Statements of Cash Flows are specific changes to certain balance sheet accounts as follows:
|
| | | | | | | | | | | |
| For years ended December 31, |
(Dollars in millions) | 2013 | | 2012 | | 2011 |
Current assets | $ | (56 | ) | | $ | (23 | ) | | $ | 15 |
|
Other assets | 102 |
| | 53 |
| | 16 |
|
Current liabilities | (26 | ) | | (1 | ) | | 37 |
|
Long-term liabilities and equity | (191 | ) | | (71 | ) | | (50 | ) |
Total | $ | (171 | ) | | $ | (42 | ) | | $ | 18 |
|
The above changes included transactions such as accrued taxes, deferred taxes, environmental liabilities, monetized positions from raw material and energy, currency, and certain interest rate hedges, prepaid insurance, miscellaneous deferrals, value-added taxes, and other miscellaneous accruals.
Cash flows from derivative financial instruments accounted for as hedges are classified in the same category as the item being hedged.
|
| | | | | | | | | | | |
| For years ended December 31, |
(Dollars in millions) | 2013 | | 2012 | | 2011 |
Cash paid for interest and income taxes is as follows: | | | | | |
Interest, net of amounts capitalized | $ | 186 |
| | $ | 125 |
| | $ | 78 |
|
Income taxes | 224 |
| | 137 |
| | 261 |
|
Non-cash investing and financing activities: | | | | | |
Increase (decrease) in trade payables related to capital expenditures | 28 |
| | — |
| | (11 | ) |
(Gain) loss from equity investments | (4 | ) | | (8 | ) | | 9 |
|
