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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash from operating activities:    
Net income $ 158.4 $ 181.8
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 61.9 40.1
Stock-based compensation expense 11.6 10.1
Excess tax benefits from stock-based compensation payment arrangements (4.2) (3.6)
Net change in components of working capital (45.9) (40.1)
Net change in other long-term assets and liabilities 12.4  
Net cash provided by operating activities 194.2 188.3
Cash from investing activities:    
Purchases of land and depreciable assets (41.0) (40.0)
Proceeds from disposals of land and depreciable assets 2.7 0.3
Purchases of short-term investments (16.1) (104.5)
Sales and maturities of short-term investments 13.1 84.0
Acquisitions, net of cash acquired (1,185.8) (76.1)
Net cash used in investing activities (1,227.1) (136.3)
Cash from financing activities:    
Long-term borrowings under credit facilities   125.0
Repayments of long-term debt   (86.2)
Borrowings under commercial paper program, net 50.8 46.8
Payments of costs related to debt financing (3.0)  
Proceeds from exercise of stock options 14.6 16.0
Excess tax benefits from stock-based compensation payment arrangements 4.2 3.6
Distributions to shareholders of noncontrolling interests (4.0) (3.2)
Purchase and retirement of treasury stock (49.2) (62.2)
Dividend payments (43.2) (77.5)
Net cash used in financing activities (29.8) (37.7)
Effect of exchange rate changes on cash and cash equivalents 12.5 (13.3)
Net change in cash and cash equivalents (1,050.2) 1.0
Cash and cash equivalents balance, beginning of period 1,737.2 968.9
Cash and cash equivalents balance, end of period 687.0 969.9
Cash paid for:    
Interest 31.2 30.2
Income taxes $ 47.6 $ 51.9