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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities:    
Net income attributable to common shareholders $ 169,796 $ 171,349
Noncontrolling interests in subsidiaries’ earnings 1,043 501
Net income before allocation to noncontrolling interests 170,839 171,850
Gain on divestitures 0 (29,445)
Restructuring - non cash 0 2,777
Depreciation and amortization 38,159 43,122
Stock-based compensation expense 16,299 12,860
Defined benefit plans and postretirement expense 3,539 14,769
Deferred income taxes 18,124 24,417
Cash used for working capital (88,808) (79,322)
Defined benefit plans and postretirement contributions (13,185) (4,463)
Environmental payments, net of reimbursements (11,202) (11,256)
Payments for asbestos-related fees and costs, net of insurance recoveries (48,314) (60,051)
Other 5,548 (6,005)
Total provided by operating activities 90,999 79,253
Investing activities:    
Capital expenditures (19,016) (19,944)
Proceeds from disposition of capital assets 372 2,254
Proceeds from divestiture   53,599
Total (used for) provided by investing activities (18,644) 35,909
Equity:    
Dividends paid (49,778) (45,998)
Reacquisition of shares on open market 0 (49,991)
Stock options exercised - net of shares reacquired 24,083 8,426
Excess tax benefit from stock-based compensation 5,787 3,233
Debt:    
Change in short-term debt 123,197 0
Repayment of long-term debt (200,000) 0
Total used for financing activities (96,711) (84,330)
Effect of exchange rates on cash and cash equivalents 3,813 4,615
(Decrease) Increase in cash and cash equivalents (20,543) 35,447
Cash and cash equivalents at beginning of period 423,947 245,089
Cash and cash equivalents at end of period 403,404 280,536
Detail of cash used for working capital:    
Accounts receivable (42,883) (65,061)
Inventories (9,605) (6,205)
Other current assets 10 (3,799)
Accounts payable (5,901) (20,891)
Accrued liabilities (30,536) (8,122)
U.S. and foreign taxes on income 107 24,756
Total (88,808) (79,322)
Supplemental disclosure of cash flow information:    
Interest paid 20,491 19,405
Income taxes paid $ 50,565 $ 23,700