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Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities:    
Net Income $ 535,199 $ 499,492
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 272,273 245,365
Change in deferred taxes, net 53,336 (747)
(Gain) loss on sale of investments (115) (1,852)
(Gain) loss on sale of fixed assets (818) (86)
Stock Option Compensation Expense 14,631 13,712
Cash outflow from hedging (58,581) 0
Changes in assets and liabilities, net of amounts from businesses acquired:    
Trade accounts receivable, net (263,509) (94,298)
Inventories, net (120,325) (33,482)
Prepaid expenses, other current and non-current assets (78,091) (91,264)
Accounts receivable, related parties (2,164) 128,263
Accounts payable, related parties 6,108 (133,600)
Accounts payable, accrued expenses and other current and non-current liabilities 155,153 129,381
Income tax payable (26,534) (17,421)
Net cash provided by (used in) operating activities 486,563 643,463
Investing Activities:    
Purchases of property, plant and equipment (238,384) (226,635)
Proceeds from sale of property, plant and equipment 8,088 8,582
Acquisitions and investments, net of cash acquired, and net purchases of intangible assets (1,122,458) (291,247)
Proceeds from divestitures 0 7,867
Net cash (used in) provided by investing activities (1,352,754) (501,433)
Financing Activities:    
Proceeds from short-term borrowings and other financial liabilities 69,252 72,674
Repayments of short-term borrowings and other financial liabilities (99,760) (65,870)
Proceeds from short-term borrowings from related parties 146,494 0
Repayments of short-term borrowings from related parties 0 0
Proceeds from long-term debt and capital lease obligations (net of debt issuance costs of $31,458 in 2010 and $16,703 in 2009) 1,660,189 828,735
Repayments of long-term debt and capital lease obligations (211,568) (495,003)
Redemption of Trust Preferred Securities 653,760 0
Increase (decrease) of accounts receivable securitization program 130,000 86,000
Proceeds from exercise of stock options 31,741 28,084
Payment of dividends 280,649 231,967
Distributions to noncontrolling interests (61,735) (67,562)
Contributions from noncontrolling interests 12,290 14,850
Net cash (used in) provided by financing activities 742,494 169,941
Effect of exchange rate changes on cash and cash equivalents 50,080 (40,345)
Cash and Cash Equivalents:    
Net (decrease) in cash and cash equivalents (73,617) 271,626
Cash and cash equivalents at beginning of period 522,870 301,225
Cash and cash equivalents at end of period $ 449,253 $ 572,851