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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES        
Net income $ 338,381 $ 374,105 $ 662,978 $ 871,138
Adjustments to reconcile net earnings to net cash provided from operating activities:        
Depreciation, amortization and depletion 116,091 93,516 226,544 184,088
Equity earnings of affiliate, net of dividends received (3,583) 2,654 (6,997) (5,509)
Loss (gain) on currency translation effect (119) (2,831) (5,807) 11,063
Provision (benefit) for deferred income taxes 27,498 16,426 (56,822) 10,681
Cash provided from (used for) operating assets and liabilities:        
Accounts receivable (39,843) 101,299 (49,917) 180,963
Inventories (58,684) (32,512) (160,745) (63,627)
Accounts payable and accrued liabilities (27,234) (252,402) 42,079 (187,892)
Other operating assets and liabilities (3,738) 2,184 32,216 (103,994)
Net cash provided from operating activities 348,769 302,439 683,529 896,911
INVESTING ACTIVITIES        
Capital expenditures (375,635) (385,454) (699,361) (702,252)
Proceeds from (purchase of) short-term investments, net (16,873) (188,445) (81,615) (258,635)
Loan repaid by related party   2,679   13,252
Sale of property 4,587 803 4,881 1,027
Net cash used in investing activities (387,921) (570,417) (776,095) (946,608)
FINANCING ACTIVITIES        
Debt repaid   (5,000)   (5,000)
Dividends paid to common stockholders (83,346) (169,102) (183,372) (372,034)
Distributions to non-controlling interest (197) (394) (499) (866)
Repurchase of common shares (13,030) (64,560) (65,509) (64,560)
Other 528 532 801 790
Net cash used in financing activities (96,045) (238,524) (248,579) (441,670)
Effect of exchange rate changes on cash and cash equivalents (2,540) (16,166) 3,814 (28,439)
Increase (decrease) in cash and cash equivalents (137,737) (522,668) (337,331) (519,806)
Cash and cash equivalents, at beginning of period 1,473,101 2,462,350 1,672,695 2,459,488
Cash and cash equivalents, at end of period $ 1,335,364 $ 1,939,682 $ 1,335,364 $ 1,939,682