Cash flow Statement (Annual, GAAP
in millions $) |
(Dec 31 2018) 12 Months |
(Dec 31 2017) 12 Months |
(Dec 31 2016) 12 Months |
(Dec 31 2015) 12 Months |
(FY 2014) 12 Months |
Income |
748.00 |
582.00 |
1,027.00 |
506.00 |
1,826.00 |
Depreciation & amortization |
486.00 |
521.00 |
- |
- |
500.00 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Special charges
|
- |
- |
- |
- |
- |
Asset Impairment Charges |
1.00 |
154.00 |
37.00 |
- |
- |
Impairment of Assets |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-14.00 |
-39.00 |
61.00 |
10.00 |
- |
Sale of Assets |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Oil and Gas and Timber Property |
-16.00 |
-116.00 |
-862.00 |
- |
- |
Employee Benefits and Share-based Compensation |
-30.00 |
59.00 |
-34.00 |
-10.00 |
- |
Income (Loss) from Equity Method Investments |
- |
- |
- |
105.00 |
40.00 |
Gains (Losses) on Extinguishment of Debt |
- |
-1.00 |
-5.00 |
47.00 |
- |
Net Gains On Dispositions Of Assets And Operations |
- |
- |
- |
-38.00 |
-58.00 |
Real Estate And Land |
- |
- |
- |
- |
-166.00 |
Depreciation Depletion And Amortization Including Discontinued Operations |
- |
- |
565.00 |
479.00 |
472.00 |
Income Loss From Equity Method Investments from Continuing and Disc Operations |
- |
-1.00 |
-18.00 |
15.00 |
-29.00 |
Basis of L and Sold |
124.00 |
81.00 |
- |
15.00 |
- |
Loss From Catastrophes |
- |
- |
- |
- |
- |
Income taxes |
- |
- |
- |
- |
205.00 |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Accounts Receivable |
-41.00 |
-85.00 |
52.00 |
12.00 |
- |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
-154.00 |
106.00 |
11.00 |
-35.00 |
-98.00 |
Accrued liabilities |
- |
- |
- |
- |
- |
Deferred income |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense and Other Assets |
-18.00 |
-12.00 |
5.00 |
3.00 |
-152.00 |
Other Working Capital |
-46.00 |
-93.00 |
-68.00 |
-30.00 |
-1,211.00 |
Other Noncash Income (Expense) |
- |
- |
- |
- |
27.00 |
Other net |
- |
- |
- |
- |
-49.00 |
Payments for (Proceeds from) Other Operating Activities |
72.00 |
45.00 |
-36.00 |
-15.00 |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
1,112.00 |
1,201.00 |
735.00 |
1,064.00 |
1,088.00 |
Capital Expenditures |
-427.00 |
-419.00 |
-520.00 |
-519.00 |
-354.00 |
Sale of Capital Items |
4.00 |
229.00 |
104.00 |
- |
- |
Short-term investments liq. |
- |
- |
- |
- |
- |
Payments to Acquire Held-to-maturity Securities |
- |
- |
- |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
707.00 |
Timberlands Reforestation |
- |
- |
- |
- |
- |
Proceeds From Sale Of Assets And Operations |
- |
- |
- |
19.00 |
20.00 |
Repayments From Pension Trust |
- |
- |
- |
- |
- |
Proceeds From Sale Of Nonstrategic Assets |
- |
- |
- |
- |
- |
Proceeds From Redemption Of Ownership In Related Party |
- |
- |
- |
- |
- |
Increase (Decrease) in Restricted Cash and Investments |
- |
25.00 |
46.00 |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Purchases of Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
-41.00 |
Payments to Acquire Businesses, Net of Cash Acquired |
- |
- |
- |
- |
- |
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital |
- |
1.00 |
14.00 |
- |
- |
Proceeds from Divestiture of Businesses and Interests in Affiliates |
- |
403.00 |
2,486.00 |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
28.00 |
Proceeds from Collection of Notes Receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
-17.00 |
21.00 |
3.00 |
13.00 |
21.00 |
Other Net |
- |
107.00 |
426.00 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-440.00 |
367.00 |
2,559.00 |
-487.00 |
361.00 |
Short-term debt Net |
425.00 |
- |
- |
- |
-17.00 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
225.00 |
1,698.00 |
- |
- |
Long-term debt - repayments |
-271.00 |
-831.00 |
-2,423.00 |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-314.00 |
128.00 |
-1,942.00 |
-484.00 |
-203.00 |
Proceeds from Partnership Contribution |
- |
- |
440.00 |
- |
119.00 |
Issuances/ -repurchases
of Pref. Stock |
- |
108.00 |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
4.00 |
Other net |
-7.00 |
-109.00 |
-449.00 |
2.00 |
- |
Repayments Of Long Term Debt Excluding Related Party Debt |
- |
- |
- |
- |
- |
Payments of Ordinary Dividends, Preferred Stock and Preference Stock |
- |
- |
-22.00 |
-44.00 |
-44.00 |
Dividends paid |
-995.00 |
-941.00 |
-932.00 |
-619.00 |
-563.00 |
Net Cash flow from
Financing Activities |
-1,162.00 |
-1,420.00 |
-3,630.00 |
-1,145.00 |
-704.00 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
1.00 |
- |
- |
Free
Cash Flow |
689.00 |
1,011.00 |
319.00 |
545.00 |
734.00 |
Total Cash Flow |
-490.00 |
148.00 |
-336.00 |
-568.00 |
745.00 |
Cash & cash equiv. at beg.
of the Year |
1,648.00 |
1,352.00 |
2,023.00 |
1,580.00 |
835.00 |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
1,580.00 |
Cash Interests paid |
- |
- |
- |
- |
319.00 |
Cash Income taxes paid |
95.00 |
169.00 |
485.00 |
14.00 |
-37.00 |