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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income$ 298,158$ 249,030
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation55,09457,738
Amortization29,73827,248
Share incentive plan compensation27,89829,242
Deferred income taxes(4,094)31,033
Foreign currency transaction (gain) loss(300)7,934
(Gain) on sale of plant and equipment(1,479)(209)
Changes in assets and liabilities, net of effects from acquisitions:  
Accounts receivable31,735(20,281)
Inventories(92,648)(68,538)
Prepaid expenses15,16310,764
Other assets(19,974)(7,243)
Accounts payable, trade(22,845)33,863
Accrued payrolls and other compensation(117,105)(68,653)
Accrued domestic and foreign taxes8,08813,099
Other accrued liabilities34,9288,843
Pensions and other postretirement benefits24,196(169,958)
Other liabilities42,943(11,032)
Net cash provided by operating activities309,496122,880
CASH FLOWS FROM INVESTING ACTIVITIES  
Acquisitions (less acquired cash of $5,899 in 2011 and $1 in 2010)(87,299)(8,129)
Capital expenditures(43,989)(52,690)
Proceeds from sale of plant and equipment5,6602,169
Other181(318)
Net cash (used in) investing activities(125,447)(58,968)
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from exercise of stock options1,0513,585
(Payments for) common shares(293,545)(10,000)
Tax benefit from share incentive plan compensation1,5543,110
(Payments of) notes payable, net(1)(539)
Proceeds from long-term borrowings34294,551
(Payments of) long-term borrowings(236)(60)
Dividends(63,004)(43,648)
Net cash (used in) provided by financing activities(354,147)246,999
Effect of exchange rate changes on cash(63,014)37,399
Net (decrease) increase in cash and cash equivalents(233,112)348,310
Cash and cash equivalents at beginning of year657,466575,526
Cash and cash equivalents at end of period$ 424,354$ 923,836