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Consolidated Statements of Cash Flow (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net income $ 528,842 $ 502,413 $ 327,216
Adjustments for cash from operating activities:      
Depreciation and amortization 119,439 102,846 98,524
Net change in receivables sold under Receivables Securitization Facility (Note 2)   (82,000) (3,000)
Stock-based compensation expense 28,679 25,385 20,240
Non-cash casualty loss related to flood 10,388    
Change in contingent acquisition-related obligations (17,813)    
Excess tax benefits from stock-based payment arrangements (5,995) (14,692) (16,085)
Net change in operating assets and liabilities:      
Accounts receivable (9,664) (157,657) 96,588
Inventory (88,486) (65,179) 76,332
Other current assets (8,890) (5,637) 6,017
Accounts payable (27,547) 76,932 (31,709)
Accrued income taxes 26,947 (3,996) 16,920
Other accrued liabilities (2,613) 35,466 (19,494)
Accrued pension and post employment benefits (5,660) (1,247) 6,526
Other long-term assets 17,114 11,658 8,842
Other 466 601 (4,620)
Cash flow provided by operating activities 565,207 424,893 582,297
Cash flow from investing activities:      
Additions to property, plant and equipment (100,222) (109,458) (63,058)
Proceeds from disposal of fixed assets 8,118 1,851 3,224
Purchases of short-term investments (181,880) (198,228) (46,786)
Sales and maturities of short-term investments 146,373 138,012 13,444
Acquisitions, net of cash acquired (303,273) (180,402) (280,014)
Cash flow used in investing activities (430,884) (348,225) (373,190)
Cash flow from financing activities:      
Long-term borrowings under credit facilities (Note 2) 873,200 793,406 609,648
Repayments of long-term debt (301,900) (748,017) (1,241,582)
Borrowings under senior notes     598,878
Settlement of interest rate swap agreements     (4,575)
Payment of fees and expenses related to debt financing (2,125) (6,975) (4,650)
Purchase and retirement of treasury stock (672,191)    
Proceeds from exercise of stock options 26,086 46,616 25,481
Excess tax benefits from stock-based payment arrangements 5,995 14,692 16,085
Payment of contingent acquisition related obligations (40,000)    
Distributions to and purchases of noncontrolling interests (29,931) (24,588) (23,328)
Dividend payments (10,282) (10,413) (10,279)
Cash flow (used in) provided by financing activities (151,148) 64,721 (34,322)
Effect of exchange rate changes on cash and cash equivalents 6,023 (114) (5,159)
Net change in cash and cash equivalents (10,802) 141,275 169,626
Cash and cash equivalents balance, beginning of year 525,888 384,613 214,987
Cash and cash equivalents balance, end of year 515,086 525,888 384,613
Cash paid during the year for:      
Interest 40,489 40,124 38,532
Income taxes $ 144,175 $ 133,068 $ 117,122