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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES:    
NET INCOME $ 175.7 $ 202.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 169.2 85.5
(Gain) Loss on Disposition of Business (161.9) 0.0
Loss (Gain) on Extinguishment of Debt 47.1 0.0
Non-cash restructuring costs 1.8 (0.5)
Deferred income taxes 60.1 11.5
Pre-tax stock-based compensation 29.1 14.1
Other, net 9.5 15.4
Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures:    
Accounts receivable (255.8) (77.4)
Inventories 314.6 (245.9)
Accounts payable 243.3 91.6
Accrued liabilities and other (307.1) (148.7)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 325.6 (51.8)
INVESTING ACTIVITIES:    
Proceeds from sales of businesses, discontinued operations and noncurrent assets 239.0 5.1
Acquisitions and acquisition-related activity (8,597.7) (2.0)
Capital expenditures (163.9) (85.8)
Other 3.9 5.7
NET CASH USED IN INVESTING ACTIVITES (8,518.7) (77.0)
FINANCING ACTIVITIES:    
Short-term borrowings, net 47.2 386.0
Proceeds from Issuance of Long-term Debt 9,414.6 0.0
Repayments of Notes Payable (750.0) 0.0
Payments for Repurchase and Retirement of Common Stock 0.0 (124.0)
Cash dividends (145.0) (104.4)
Excess tax benefits related to stock-based compensation 10.3 17.5
Other, net (17.9) (12.5)
NET CASH PROVIDED BY FINANCING ACTIVITIES 8,559.2 162.6
Currency rate effect on cash and cash equivalents (13.6) 5.5
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 352.5 39.3
Cash and cash equivalents at beginning of period 274.8 199.4
CASH AND CASH EQUIVALENTS AT END OF PERIOD 627.3 238.7
Equity Issued in Business Combination, Fair Value Disclosure 9,480.3 0.0
Noncash or Part Noncash Acquisition, Debt Assumed $ 1,124.0 $ 0.0