XML 40 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Cash received from customers $ 1,512,991 $ 1,508,934
Cash paid to suppliers and employees (1,231,537) (1,249,674)
Interest paid (35,929) (46,086)
Income tax payments (73,784) (38,029)
Investment proceeds and miscellaneous receipts, net 9,428 8,124
Excess tax benefits from share-based compensation (925) (2,030)
Net cash provided by operating activities 180,244 181,239
Cash flows from investing activities:    
Capital expenditures (112,366) (67,233)
Proceeds from sales of property, plant and equipment 231 177
Payments for acquisitions, net of cash received, and long-term investments (38,479) (8,698)
Payments for purchases of intangible assets (1,724) (439)
Payments for purchases of marketable securities and investments (547,529) (382,758)
Proceeds from sales of marketable securities and investments 89,371 47,718
Proceeds from maturities of marketable securities and investments 271,150 200,925
Payments for foreign currency economic hedges, net (1,418) (3,581)
Net cash used in investing activities (340,764) (213,889)
Cash flows from financing activities:    
Net borrowings on line-of-credit arrangements and notes payable (213) (31)
Payments on long-term borrowings (496) (226,615)
Proceeds from issuance of common stock 8,958 13,031
Debt issuance costs on long-term borrowings 0 (242)
Purchase of treasury stock (101) 0
Excess tax benefits from share-based compensation 925 2,030
Net cash provided by (used in) financing activities 9,073 (211,827)
Effect of foreign exchange rate changes on cash 3,673 8,954
Net decrease in cash and cash equivalents (147,774) (235,523)
Cash and cash equivalents at beginning of period 574,231 906,551
Cash and cash equivalents at end of period 426,457 671,028
Reconciliation of net income including noncontrolling interests to net cash provided by operating activities:    
Net income including noncontrolling interests 121,880 118,822
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities excluding the effects of acquisitions:    
Depreciation and amortization 94,885 88,127
Share-based compensation 9,248 7,816
Foreign currency economic hedges, net 1,418 3,581
Gains (losses) on dispositions of securities 7,515 (1,260)
Excess tax benefits from share-based compensation (925) (2,030)
Changes In Fair Value of Contingent Consideration (15,984) 0
Decrease in accounts receivable 24,880 11,632
Increase in inventories (17,449) (50,294)
Increase in other current assets (4,367) (3,490)
Decrease in accounts payable and other current liabilities (5,916) (12,874)
(Decrease) increase in income taxes payable (27,756) 5,576
Other 7,845 13,113
Net cash provided by operating activities $ 180,244 $ 181,239