XML 86 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Statements of Consolidated Cash Flows (USD $)
In Thousands
12 Months Ended
Apr. 30, 2011
Apr. 30, 2010
Apr. 30, 2009
Operating Activities      
Net income $ 479,482 $ 494,138 $ 265,953
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 112,226 108,225 79,450
Depreciation- restructuring 53,569 3,870 0
Amortization 73,844 73,657 38,823
Impairment charges 17,599 11,658 1,491
Share-based compensation expense 24,044 25,949 22,105
Other noncash restructuring charges 8,540 0 9,093
Loss (gain) on sale of assets - net 2,867 (7,831) 2,165
Deferred income tax (benefit) expense (59,801) (39,320) 25,525
Changes in assets and liabilities, net of effect from businesses acquired:      
Trade receivables (102,625) 31,521 (78,631)
Inventories (204,159) (46,160) 34,669
Other current assets (45,649) 3,461 38,792
Accounts payable and accrued items 84,633 (34,620) 67,883
Defined benefit pension contributions (16,779) (4,436) (34,665)
Income taxes (66,187) 55,449 22,941
Other - net 29,958 37,917 (48,601)
Net Cash Provided by Operating Activities 391,562 713,478 446,993
Investing Activities      
Businesses acquired, net of cash acquired 0 0 (77,335)
Additions to property, plant, and equipment (180,080) (136,983) (108,907)
Proceeds from sale of businesses 0 19,554 0
Purchases of marketable securities (75,637) 0 0
Sales and maturities of marketable securities 57,100 13,519 3,013
Proceeds from disposal of property, plant, and equipment 5,830 205 800
Other - net (126) (738) 5,448
Net Cash Used for Investing Activities (192,913) (104,443) (176,981)
Financing Activities      
Repayment of bank note payable 0 (350,000) 0
Repayments of long-term debt (10,000) (275,000) 0
Proceeds from long-term debt 400,000 0 400,000
Quarterly dividends paid (194,024) (166,224) (110,668)
Special dividends paid 0 0 (274,208)
Purchase of treasury shares (389,135) (5,569) (4,025)
Proceeds from stock option exercises 14,525 6,413 1,976
Other - net 8,215 1,832 (474)
Net Cash (Used for) Provided by Financing Activities (170,419) (788,548) 12,601
Effect of exchange rate changes on cash 8,045 6,390 2,539
Net increase (decrease) in cash and cash equivalents 36,275 (173,123) 285,152
Cash and cash equivalents at beginning of year 283,570 456,693 171,541
Cash and Cash Equivalents at End of Year $ 319,845 $ 283,570 $ 456,693