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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash provided (required) by operating activities:    
Net income $ 210.1 $ 212.9
Adjustments to reconcile net income to cash provided (required) by operating activities:    
Depreciation 76.7 51.8
Amortization 24.4 13.7
Employee benefit plan and stock-based compensation costs 48.9 46.6
Deferred income tax provision 58.4 31.5
Unrealized loss on derivative instruments 2.3 14.5
Other 13.4 (4.4)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Trade receivables, net (68.7) (221.9)
Inventories, net (90.1) (127.7)
Accounts payable, trade 0.4 (5.4)
Advance payments and progress billings 206.5 (19.0)
Income taxes (77.2) (36.5)
Payment of Multi Phase Meters earn-out consideration (32.2)   
Accrued pension and other post-retirement benefits, net (30.0) (30.2)
Other assets and liabilities, net (71.3) (35.4)
Cash provided (required) by operating activities 271.6 (109.5)
Cash provided (required) by investing activities:    
Capital expenditures (156.7) (191.1)
Acquisitions, net of cash and cash equivalents acquired    (328.6)
Other 2.7 1.4
Cash required by investing activities (154.0) (518.3)
Cash provided (required) by financing activities:    
Net increase (decrease) in short-term debt (24.1) 68.9
Net increase (decrease) in commercial paper (19.1) 252.1
Proceeds from the issuance of long-term debt 0.5 275.0
Repayments of long-term debt (62.8) (0.2)
Purchase of treasury stock (49.0) (21.0)
Payment of Multi Phase Meters earn-out consideration (25.1)   
Payments related to taxes withheld on stock-based compensation (16.1) (34.1)
Excess tax benefits 7.4 21.9
Other (0.9) (3.3)
Cash provided (required) by financing activities (189.2) 559.3
Effect of exchange rate changes on cash and cash equivalents (2.9) (0.2)
Decrease in cash and cash equivalents (74.5) (68.7)
Cash and cash equivalents, beginning of period 342.1 344.0
Cash and cash equivalents, end of period $ 267.6 $ 275.3