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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING    
Net earnings $ 328.7 $ 289.9
Adjustments to reconcile net earnings to net cash flows from operations:    
Depreciation and tooling amortization 137.5 126.8
Amortization of intangible assets and other 13.4 14.7
Loss from disposal activities, net of cash paid 0 34.8
Bond amortization 0 5.3
Stock-based compensation expense 22.4 31.1
Deferred income tax benefit (10.3) (5.6)
Equity in affiliates’ earnings, net of dividends received, and other (26.0) (7.9)
Net earnings adjusted for non-cash charges to operations 465.7 489.1
Changes in assets and liabilities:    
Receivables (220.7) (162.2)
Inventories (8.9) (27.3)
Prepayments and other current assets (26.7) (15.2)
Accounts payable and accrued expenses 102.6 25.9
Income taxes payable (27.5) 8.3
Other non-current assets and liabilities 15.5 (8.5)
Net cash provided by operating activities 300.0 310.1
INVESTING    
Capital expenditures, including tooling outlays (194.8) (188.4)
Net proceeds from asset disposals 15.7 2.5
Net proceeds from sale of business 0 1.6
Net cash used in investing activities (179.1) (184.3)
FINANCING    
Net increase (decrease) in notes payable 77.4 (9.4)
Additions to long-term debt, net of debt issuance costs 165.7 300.0
Repayments of long-term debt, including current portion (76.8) (96.2)
Payments for purchase of treasury stock (150.5) (200.3)
Proceeds from stock options exercised, including the tax benefit 20.0 48.2
Taxes paid on employees' restricted stock award vestings (29.0) (17.6)
Dividends paid to noncontrolling stockholders (9.0) (14.4)
Net cash (used in) provided by financing activities (2.2) 10.3
Effect of exchange rate changes on cash (17.4) (13.8)
Net increase in cash 101.3 122.3
Cash at beginning of year 715.7 359.6
Cash at end of period 817.0 481.9
Net cash paid during the period for:    
Interest 24.9 31.9
Income taxes $ 142.8 $ 87.3