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Consolidated Statements of Cash Flow (USD $)
In Thousands
12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2009
OPERATING ACTIVITIES      
Net income (loss) $ 232,277 $ 48,202 $ (118,631)
Adjustments for non-cash items:      
Depreciation 81,869 83,339 83,247
Amortization 11,602 13,090 13,134
Stock-based compensation expense 18,852 16,640 9,412
Restructuring and asset impairment charges (Note 15) 2,914 855 115,212
Loss on divestitures (Note 4)   527 22,704
Deferred income tax (benefit) provision (7,881) 230 (10,898)
Other (9,872) (4,506) (1,088)
Changes in certain assets and liabilities, excluding effects of acquisitions and divestitures:      
Accounts receivable (89,153) (58,245) 200,159
Inventories (124,082) (2,576) 36,048
Accounts payable and accrued liabilities 100,325 40,985 (118,133)
Accrued income taxes 22,158 19,227 (11,969)
Other (8,212) 7,060 (26,934)
Net cash flow provided by operating activities 230,797 164,828 192,263
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (83,442) (56,679) (104,842)
Disposals of property, plant and equipment 9,755 5,141 2,914
Cash paid for acquisitions, net of cash acquired (note 4)   (16,969) (69,485)
Proceeds from divestitures (Note 4 and 5)   27,788 1,544
Proceeds from sale of investments in affiliated companies 1,723 23 108
Other 139 276 (295)
Net cash flow used for investing activities (71,825) (40,420) (170,056)
FINANCING ACTIVITIES      
Net (decrease) increase in notes payable (15,992) (27,335) 14,311
Term debt borrowings 450,109 564,366 974,248
Term debt repayments (451,748) (680,023) (860,522)
Purchase of capital stock (57,909) (306) (127,720)
Net proceeds from equity offering   120,696  
Proceeds from interest rate swap agreement termination (Note 7)     12,566
Dividend reinvestment and the effect of employee benefit and stock plans 18,328 10,677 4,873
Cash dividends paid to shareowners (39,801) (39,316) (35,466)
Other 988 (6,926) 2,184
Net cash flow used for financing activities (96,025) (58,167) (15,526)
Effect of exchange rate changes on cash and cash equivalents 23,489 (17,935) (23,336)
CASH AND CASH EQUIVALENTS      
Net increase (decrease) in cash and cash equivalents 86,436 48,306 (16,655)
Cash and cash equivalents, beginning of period 118,129 69,823 86,478
Cash and cash equivalents, end of period $ 204,565 $ 118,129 $ 69,823