XML 66 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income $ 271.6 $ 321.0
Depreciation and amortization 229.6 228.0
Other, net (12.9) 20.6
Changes in operating assets and liabilities (59.1) (86.2)
Net cash provided by operating activities 429.2 483.4
Investing activities    
Expenditures for property, plant and equipment (347.7) (326.8)
Proceeds from sale of property, plant and equipment 14.0 1.3
Acquisitions and divestitures of businesses and other, net (138.2) (1.7)
Net cash used in investing activities (471.9) (327.2)
Financing activities    
Net increase in short-term debt (18.6) (86.9)
Issuance of long-term debt   1,253.0
Repayments and other changes in long-term debt (12.2) (1.1)
Dividends paid to non-controlling interest   (4.9)
Dividends paid (146.4) (146.6)
Repurchased shares (104.4) (430.0)
Common stock options exercised 17.3 23.4
Other, net 1.9 0.4
Net cash (used in) provided by financing activities (262.4) 607.3
Effect of exchange rate changes on cash and cash equivalents (42.8) (35.1)
(Decrease) increase in cash and cash equivalents (347.9) 728.4
Cash and cash equivalents at beginning of period 1,529.0 1,118.3
Cash and cash equivalents at end of period $ 1,181.1 $ 1,846.7