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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
OPERATING ACTIVITIES        
Net income $ 325,781 $ 345,566 $ 988,759 $ 1,216,704
Adjustments to reconcile net earnings to net cash provided from operating activities:        
Depreciation, amortization and depletion 113,923 101,489 340,467 285,577
Equity earnings of affiliate, net of dividends received (3,184) (1,079) (10,181) (6,588)
(Gain) loss on currency translation effect (14,856) (573) (20,663) 10,490
(Benefit) provision for deferred income taxes (76,230) (9,769) (133,052) 912
Cash provided from (used for) operating assets and liabilities:        
Accounts receivable 68,956 1,148 19,039 182,111
Inventories (39,741) (69,104) (200,486) (132,731)
Accounts payable and accrued liabilities 161,321 170,346 203,400 (17,546)
Other operating assets and liabilities (100,417) (72,848) (68,201) (176,842)
Net cash provided from operating activities 435,553 465,176 1,119,082 1,362,087
INVESTING ACTIVITIES        
Capital expenditures (411,603) (488,249) (1,110,964) (1,190,501)
Proceeds from (purchase of) short-term investments, net 81,823 29,469 208 (229,166)
Loan repaid by related party   9,454   22,706
Sale of property 15 19 4,896 1,046
Net cash used in investing activities (329,765) (449,307) (1,105,860) (1,395,915)
FINANCING ACTIVITIES        
Debt repaid       (5,000)
Dividends paid to common stockholders (99,641) (101,028) (283,013) (473,062)
Distributions to non-controlling interest (207) (231) (706) (1,097)
Repurchase of common shares (323,436) (59,431) (388,945) (123,991)
Other 278 263 1,079 1,053
Net cash used in financing activities (423,006) (160,427) (671,585) (602,097)
Effect of exchange rate changes on cash and cash equivalents 16,028 175 19,842 (28,264)
(Decrease) in cash and cash equivalents (301,190) (144,383) (638,521) (664,189)
Cash and cash equivalents, at beginning of period 1,335,364 1,939,682 1,672,695 2,459,488
Cash and cash equivalents, at end of period $ 1,034,174 $ 1,795,299 $ 1,034,174 $ 1,795,299