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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash provided (required) by operating activities of continuing operations:    
Net Income $ 329.5 $ 300.5
Discontinued operations 21.8 23.2
Income from continuing operations 351.3 323.7
Adjustments from income from continuing operations to cash provided (required) by operating activities of continuing operations:    
Depreciation and amortization 100.4 94.3
Equity in (earnings) loss of affiliates 0.7 (3.1)
Restructuring and other charges (income) 18.9 27.2
Deferred income taxes 32.3 68.9
Pension and other postretirement benefits 43.0 27.9
Share-based Compensation 13.7 12.5
Excess tax benefits from share-based compensation (7.4) (6.3)
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
Trade receivables, net (84.4) 0
Guarantees of vendor financing 8.9 (10.3)
Inventories (147.4) (94.2)
Other current assets and other assets (43.3) (15.8)
Accounts payable (71.8) (45.3)
Accrued and other current liabilities and other liabilities 12.8 4.0
Accrued payroll (7.4) (9.2)
Accrued customer rebates 163.6 97.1
Income taxes 64.8 (2.0)
Pension and Other Postretirement Benefit Contributions (72.7) (55.2)
Environmental spending, continuing, net of recoveries (4.3) (7.0)
Restructuring and other spending (7.3) (79.4)
Cash provided (required) by operating activities 364.4 327.8
Cash provided (required) by operating activities of discontinued operations:    
Environmental spending, discontinued, net of recoveries (12.2) (12.6)
Payments of other discontinued reserves (19.6) (17.2)
Cash provided (required) by operating activities of discontinued operations (31.8) (29.8)
Cash provided (required) by investing activities:    
Capital expenditures (128.0) (119.1)
Proceeds from disposal of property, plant and equipment 0.9 0.7
Acquisitions, net of cash acquired (114.3) (1.5)
Investments in nonconsolidated affiliates (9.7) 0
Other investing activities (19.2) (17.0)
Cash provided (required) by investing activities (270.3) (136.9)
Cash provided (required) by financing activities:    
Net borrowings (repayments) under committed credit facilities 24.0 10.9
Increase (decrease) in short-term debt 32.3 11.8
Repayments of long-term debt (17.3) (90.4)
Proceeds from borrowings of long-term debt 5.4 0
Financing fees 0 (3.9)
Distributions to noncontrolling interests (15.4) (12.9)
Issuances of common stock, net 12.6 9.0
Excess tax benefits from share-based compensation 7.4 6.3
Dividends paid (35.4) [1] (30.6) [1]
Repurchases of common stock under publicly announced program (144.9) (110.0)
Other repurchases of common stock (3.8) (4.2)
Contingent consideration paid (2.0) 0
Cash provided (required) by financing activities (137.1) (214.0)
Effect of exchange rate changes on cash and cash equivalents 0.3 0.8
Increase (decrease) in cash and cash equivalents (74.5) (52.1)
Cash and cash equivalents, beginning of period 158.9 161.5
Cash and cash equivalents, end of period $ 84.4 $ 109.4
[1] See Note 13 regarding quarterly cash dividend.