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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 667.7$ 301.9
(Income) related to discontinued operations(190.3) 
Income from continuing operations477.4301.9
Adjustments to reconcile to net cash provided by operating activities:  
Depreciation and amortization96.7107.7
Deferred income taxes53.1(35.6)
Excess tax benefits from stock options and awards(13.3)(4.8)
Distribution of earnings from Apex Tool Group, LLC20.9 
Equity in (income) of Apex Tool Group, LLC(44.9)(10.5)
Loss related to contribution of net assets to Apex Tool Group, LLC 134.5
Restructuring charges 8.0
Changes in assets and liabilities:  
Receivables(115.5)[1](150.7)[1]
Inventories(37.3)[1](61.4)[1]
Accounts payable and accrued liabilities(5.5)[1]91.2[1]
Discontinued operations assets and liabilities, net(246.6)[1](10.2)[1]
Other assets and liabilities, net(8.0)[1]26.9[1]
Net cash provided by operating activities177.0397.0
Cash flows from investing activities:  
Capital expenditures(84.8)(57.9)
Cash paid for acquired businesses(250.1)(21.6)
Cash restricted for business acquisition (34.9)
Proceeds from sales of property, plant and equipment and other15.8(4.6)
Net cash used in investing activities(319.1)(119.0)
Cash flows from financing activities:  
Short-term debt, net(4.6)(2.3)
Debt issuance costs(1.0) 
Dividends(141.4)(132.7)
Purchases of treasury shares(383.0)(276.0)
Excess tax benefits from stock options and awards13.34.8
Proceeds from exercise of stock options and other54.834.5
Net cash used in financing activities(461.9)(371.7)
Effect of exchange rate changes on cash and cash equivalents(0.7)8.1
Decrease in cash and cash equivalents(604.7)(85.6)
Cash and cash equivalents, beginning of period1,035.3381.6
Cash and cash equivalents, end of period$ 430.6$ 296.0
[1]Net of the effects of acquisitions and translation.