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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net earnings $ 1,428.5 $ 1,357.5 $ 1,312.3
Discontinued operations, net of tax 40.6 (21.5) (25.4)
Adjustments to arrive at net cash provided by (used in) operating activities:      
Depreciation and amortization 397.4 361.5 353.3
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash 110.2 104.2 113.0
Share-based Payment Arrangement, Noncash Expense 66.4 78.8 70.8
Other items 54.0 (129.2) (121.9)
Changes in other assets and liabilities      
Accounts and notes receivable (53.2) (236.0) (156.7)
Inventories 18.4 (169.9) (112.4)
Other current and noncurrent assets (229.5) 35.3 (206.8)
Accounts payable 80.6 120.7 167.2
Other current and noncurrent liabilities 124.1 (69.9) 117.4
Net cash (used in) provided by continuing operating activities 1,956.3 1,474.5 1,561.6
Net cash (used in) provided by discontinued operating activities (36.8) (66.7) (38.1)
Net cash provided by (used in) operating activities 1,919.5 1,407.8 1,523.5
Cash flows from investing activities:      
Capital expenditures (254.1) (365.6) (221.3)
Acquisition of businesses, net of cash acquired (1,539.7) (285.2) (157.6)
Proceeds from sale of property, plant and equipment 3.8 22.1 1.5
Proceeds from Divestiture of Interest in Joint Venture 10.0    
Payments for (Proceeds from) Other Investing Activities 10.0 (0.7) 2.7
Net cash (used in) provided by continuing investing activities (1,780.0) (629.4)  
Net cash provided by (used in) investing activities (1,780.0) (629.4) (374.7)
Cash flows from financing activities:      
Other short-term borrowings (net) 0.0 (6.4) (4.0)
Proceeds from long-term debt 1,497.9 1,147.0 0.0
Payments of long-term debt (7.5) (1,123.0) (7.7)
Net proceeds (repayments) in debt 1,490.4 17.6 (11.7)
Debt issuance costs (13.1) (12.0) (0.2)
Dividends paid to ordinary shareholders (510.1) (479.5) (430.1)
Dividends paid to noncontrolling interests (15.8) (41.4) (15.8)
Payments to Noncontrolling Interests 0.0 0.0 6.8
Proceeds shares issued under incentive plans 116.8 68.9 76.7
Repurchase of ordinary shares (750.1) (900.2) (1,016.9)
Other, net (47.6) (32.2) (27.7)
Net cash (used in) provided by continuing financing activities 270.5 (1,378.8) (1,432.5)
Net Cash Provided by (Used in) Financing Activities 270.5 (1,378.8) (1,432.5)
Effect of exchange rate changes on cash and cash equivalents (9.8) (45.6) 118.4
Net increase (decrease) in cash and cash equivalents 400.2 (646.0) (165.3)
Cash and cash equivalents - beginning of period 903.4 1,549.4 1,714.7
Cash and cash equivalents - end of period 1,303.6 903.4 1,549.4
Cash paid during the year for:      
Interest, net of amounts capitalized 220.9 200.6 210.0
Income taxes, net of refunds $ 425.3 $ 375.4 $ 286.7