XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities    
Net income $ 108,356 $ 94,026
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 112,097 101,784
Excess tax benefit from share-based compensation arrangements (885) (2,863)
Share-based compensation 8,743 9,257
Deferred income taxes 10,220 2,334
Income of unconsolidated affiliated company (1,582) (1,394)
(Gain) loss on sales of property and equipment 954 (84)
Changes in working capital, excluding effect of acquisitions (153,482) (70,777)
Net change in deferred charges and credits (2,458) (3,571)
Net cash provided by operating activities 81,963 128,712
Cash flows from investing activities    
Additions to property and equipment (61,277) (39,290)
Business acquisitions and adjustments, net of cash acquired (16,206) (1,222,111)
Proceeds from sales of property and equipment 683 853
Net cash used in investing activities (76,800) (1,260,548)
Cash flows from financing activities    
Proceeds from issuance of long-term debt 4,723 13,464
Repayment of long-term debt (2,050) (38,150)
Net borrowing of commercial paper 173,250 233,619
Net borrowing of short-term debt 17,574 4,143
Cash dividends paid to shareholders (51,693) (51,105)
Common stock purchased for the treasury (123,142)  
Excess tax benefit from share-based compensation arrangements 885 2,863
Stock incentive programs and related tax withholdings (3,676) (13,315)
Net cash provided by financing activities 15,871 151,519
Effect of exchange rates on cash and cash equivalents (8,705) (5,084)
Net increase (decrease) in cash and cash equivalents 12,329 (985,401)
Cash and cash equivalents balance at beginning of year 60,404 1,065,687
Cash and cash equivalents balance at end of period 72,733 80,286
Business acquisitions and adjustments, net of cash acquired:    
Working capital acquired, net 16,034 230,692
Goodwill and intangible assets acquired, net (858) 467,153
Fixed and other long-term assets 961 544,280
Deferred taxes and other liabilities (311) (35,893)
Subsidiary shares of noncontrolling interests 380 15,879
Cash used for acquisitions 16,206 1,222,111
Interest paid during the period 34,965 37,604
Income taxes paid during the period $ 50,736 $ 40,652