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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
OPERATING ACTIVITIES        
Net income $ 660,119 $ 315,311 $ 1,140,266 $ 700,538
Adjustments to reconcile net earnings to net cash provided from operating activities:        
Depreciation, amortization and depletion 72,898 69,304 143,542 138,772
Remeasurement loss (income) (2,526) (758) 5,653 7,606
Provision (benefit) for deferred income taxes 21,241 (20,365) (16,502) (14,512)
Gain on sale of property (6,410)   (6,410)  
Cash provided from (used for) operating assets and liabilities:        
Accounts receivable (206,335) 76,301 (131,961) 18,948
Inventories 19,554 20,565 (68,448) 9,689
Accounts payable and accrued liabilities (382,981) 53,851 (351,174) (52,755)
Other operating assets and liabilities 27,154 13,546 2,820 26,708
Net cash provided from operating activities 202,714 527,755 717,786 834,994
INVESTING ACTIVITIES        
Capital expenditures (110,655) (92,925) (183,644) (168,288)
Purchase of short-term investments, net (4,877) (30,131) (149,506) (26,744)
Payments to development stage properties accounted for as equity method investments (4,593)   (15,911)  
Sale of property 8,132 538 8,855 5,347
Other 143   143  
Net cash used for investing activities (111,850) (122,518) (340,063) (189,685)
FINANCING ACTIVITIES        
Debt incurred   1,489,674   1,489,674
Debt repaid (5,000) (5,000) (10,250) (5,000)
Capitalized debt issuance cost   (8,155)   (8,155)
Dividends paid to common stockholders (476,000) (382,500) (969,004) (747,998)
Distributions to non-controlling interest (1,412) (1,822) (3,605) (2,971)
Repurchase of common shares (148,068) (380) (148,068) (380)
Other 714 292 (504) 367
Net cash (used for) provided from financing activities (629,766) 1,092,109 (1,131,431) 725,537
Effect of exchange rate changes on cash and cash equivalents 19,446 (4,687) 14,872 1,471
Increase (decrease) in cash and cash equivalents (519,456) 1,492,659 (738,836) 1,372,317
Cash and cash equivalents, at beginning of period 1,973,297 651,964 2,192,677 772,306
Cash and cash equivalents, at end of period $ 1,453,841 $ 2,144,623 $ 1,453,841 $ 2,144,623