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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 195,327 $ 159,453
Noncontrolling interests in subsidiaries' loss (77) (131)
Net income including noncontrolling interests 195,250 159,322
Adjustments to reconcile Net income including noncontrolling interests to Net cash provided by operating activities:    
Rationalization and asset impairment charges 357 23
Depreciation and amortization 48,220 47,089
Equity earnings in affiliates, net (1,449) (1,316)
Deferred income taxes (288) 4,992
Stock-based compensation 6,711 4,723
Amortization of terminated interest rate swaps (430) (1,396)
Amortization of pension actuarial losses and prior service cost 23,248 16,345
Other non-cash items, net (82) 3,392
Changes in operating assets and liabilities, net of effects from acquisitions:    
Decrease (increase) in accounts receivable 13,750 (72,287)
Increase in inventories (6,832) (98,727)
Increase in other current assets (12,180) (8,539)
(Decrease) increase in trade accounts payable (1,182) 34,988
Increase in other current liabilities 85,593 75,623
Decrease in accrued pensions (54,472) (30,490)
Net change in other long-term assets and liabilities (52,873) (3,364)
NET CASH PROVIDED BY OPERATING ACTIVITIES 243,341 130,378
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (39,307) (50,750)
Acquisition of businesses, net of cash acquired (52,851) (62,340)
Proceeds from sale of property, plant and equipment 538 1,003
Other investing activities (1,541)  
NET CASH USED BY INVESTING ACTIVITIES (93,161) (112,087)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from short-term borrowings 2,291 8,736
Payments on short-term borrowings (3,813) (8,412)
Amounts due banks, net (1,858) (1,604)
Proceeds from long-term borrowings 914  
Payments on long-term borrowings (85,535) (1,598)
Proceeds from exercise of stock options 12,695 7,211
Tax benefit from exercise of stock options 5,594 2,327
Purchase of shares for treasury (60,155) (27,630)
Cash dividends paid to shareholders (42,510) (39,001)
NET CASH USED BY FINANCING ACTIVITIES (172,377) (59,971)
Effect of exchange rate changes on Cash and cash equivalents 1,771 (3,053)
DECREASE IN CASH AND CASH EQUIVALENTS (20,426) (44,733)
Cash and cash equivalents at beginning of period 361,101 366,193
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 340,675 $ 321,460