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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
OPERATING  
Net earnings$ 443.4$ 280.6
Adjustments to reconcile net earnings to net cash flows from operations:  
Depreciation and tooling amortization187.0171.2
Amortization of intangible assets and other23.121.0
Environmental litigation settlement, net of cash paid028.0
Bond amortization15.113.6
Stock based compensation expense16.415.6
Deferred income tax benefit(24.1)(39.9)
BERU - Eichenauer equity investment gain0(8.0)
Equity in affiliates' earnings, net of dividends received and other(21.8)(11.2)
Net earnings adjusted for non-cash charges to operations639.1470.9
Changes in assets and liabilities:  
Receivables(192.3)(270.7)
Inventories(47.5)(85.9)
Prepayments and other current assets(12.1)(1.2)
Accounts payable and accrued expenses84.8164.5
Income taxes payable9.142.6
Other non-current assets and liabilities(8.0)(7.5)
Net cash provided by operating activities473.1312.7
INVESTING  
Capital expenditures, including tooling outlays(274.1)(187.8)
Net proceeds from asset disposals6.95.4
Payments for businesses acquired, net of cash acquired(203.7)(164.7)
Proceeds from sale of business2.15.0
Net cash used in investing activities(468.8)(342.1)
FINANCING  
Net increase (decrease) in notes payable29.4(5.0)
Additions to long-term debt, net of debt issuance costs357.9361.9
Repayments of long-term debt, including current portion(196.3)(115.3)
Proceeds from receivables securitization facility030.0
Payment for purchase of treasury stock(268.8)(197.3)
Proceeds from stock options exercised, including the tax benefit43.740.4
Taxes paid on restricted stock award vestings(14.4)0
Purchase of noncontrolling interest(29.4)0
Capital contribution from noncontrolling interest19.50
Dividends paid to noncontrolling stockholders(10.1)(8.2)
Net cash provided by (used in) financing activities(68.5)106.5
Effect of exchange rate changes on cash(8.7)(2.3)
Net (decrease) increase in cash(72.9)74.8
Cash at beginning of year449.9357.4
Cash at end of period377.0432.2
Net cash paid during the period for:  
Interest49.234.5
Income taxes116.645.3
Non-cash investing transactions:  
Liabilities assumed from business acquired5.30
Non-cash financing transactions:  
Performance share plans5.45.5
Debt assumed from business acquired$ 5.9$ 0