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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES      
Net income $ 95.1 $ 268.8 $ 207.4
Reconciliation to net cash provided by operating activities:      
Depreciation and amortization 119.0 120.0 115.6
Equity in earnings of unconsolidated affiliate (18.5) (15.2) (17.8)
Dividend received from unconsolidated affiliate 6.3 10.9 0.5
Chapter 11 expenses, net of interest income 16.6 20.0 17.7
Chapter 11 expenses paid (15.5) (20.6) (28.6)
Libby medical program settlement 19.6 0 0
Libby medical program settlement paid (19.6) 0 0
Provision for asbestos-related contingencies 365.0 0 0
(Benefit from) provision for income taxes (37.3) 114.7 32.5
Income taxes paid, net of refunds (82.6) (44.7) (13.8)
Tax benefits from stcok-based compensation (36.8) 0 0
Interest accrued on pre-petition liabilities subject to compromise 40.4 39.0 37.5
Restructuring expenses and related asset impairments 6.9 6.9 11.2
Payments for restructuring expenses (8.4) (7.2) (13.9)
Defined benefit pension expense 71.2 63.4 77.1
Payments under defined benefit pension arrangements (126.8) (265.1) (63.3)
Provision for environmental remediation 3.6 17.8 4.5
Expenditures for environmental remediation (13.0) (11.8) (8.0)
Changes in assets and liabilities, excluding effect of currency translation:      
Trade accounts receivable (3.0) (80.6) (15.8)
Inventories 53.9 (66.9) (37.1)
Accounts payable (11.7) 52.6 35.5
All other items, net 29.2 17.4 (15.3)
Net cash provided by operating activities 453.6 219.4 325.9
INVESTING ACTIVITIES      
Capital expenditures (138.5) (144.0) (111.1)
Businesses acquired, net of cash acquired (80.0) (55.8) (34.7)
Transfer to restricted cash and cash equivalents (61.1) (38.8) (97.8)
Proceeds from sales of product lines 0 10.0 0
Other investing activities (0.7) 7.7 0.5
Net cash used for nvesting activities (280.3) (220.9) (243.1)
FINANCING ACTIVITIES      
Net borrowings under credit arrangements 35.9 21.6 28.9
Proceeds from exercise of stock options 32.2 12.1 10.4
Tax benefits from stock-based compensation 36.8 0 0
Other financing activities 5.4 6.0 2.2
Net cash provided by financing activities 110.3 39.7 41.5
Effect of currency exchange rate changes on cash and cash equivalents 5.0 (5.6) (1.6)
Increase in cash and cash equivalents 288.6 32.6 122.7
Cash and cash equivalents, beginning of period 1,048.3 1,015.7 893.0
Cash and cash equivalents, end of period $ 1,336.9 $ 1,048.3 $ 1,015.7