XML 127 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Consolidated Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2010
Operating Activities      
Net income $ 459,744 $ 479,482 $ 494,138
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 120,366 112,226 108,225
Depreciation - restructuring and merger and integration 38,570 53,569 3,870
Amortization 88,060 73,844 73,657
Impairment charges 4,590 17,599 11,658
Share-based compensation expense 21,711 24,044 25,949
Other noncash restructuring charges 8,030 8,540 0
Loss on sale of assets - net 3,390 2,867 5,776
Loss (gain) on divestitures 11,287 0 (13,607)
Deferred income tax benefit (17,218) (59,801) (39,320)
Changes in assets and liabilities, net of effect from businesses acquired:      
Trade receivables 9,286 (102,625) 31,521
Inventories (48,189) (204,159) (46,160)
Other current assets 2,978 (33,443) 2,683
Accounts payable and accrued items 72,774 84,633 (34,620)
Proceeds from settlement of interest rate swaps - net 17,718 0 0
Defined benefit pension contributions (11,428) (16,779) (4,436)
Accrued and prepaid taxes (2,959) (78,393) 56,227
Other - net (47,781) 29,958 37,917
Net Cash Provided by Operating Activities 730,929 391,562 713,478
Investing Activities      
Businesses acquired, net of cash acquired (737,255) 0 0
Additions to property, plant, and equipment (274,244) (180,080) (136,983)
Equity investment in affiliate (35,874) 0 0
Proceeds from divestitures 9,268 0 19,554
Purchases of marketable securities 0 (75,637) 0
Sales and maturities of marketable securities 18,600 57,100 13,519
Proceeds from disposal of property, plant, and equipment 4,039 5,830 205
Other - net (20,398) (126) (738)
Net Cash Used for Investing Activities (1,035,864) (192,913) (104,443)
Financing Activities      
Repayment of bank note payable 0 0 (350,000)
Repayments of long-term debt 0 (10,000) (275,000)
Proceeds from long-term debt 748,560 400,000 0
Quarterly dividends paid (213,667) (194,024) (166,224)
Purchase of treasury shares (315,780) (389,135) (5,569)
Proceeds from stock option exercises 2,826 14,525 6,413
Other - net (2,313) 8,215 1,832
Net Cash Provided by (Used for) Financing Activities 219,626 (170,419) (788,548)
Effect of exchange rate changes on cash (4,828) 8,045 6,390
Net (decrease) increase in cash and cash equivalents (90,137) 36,275 (173,123)
Cash and cash equivalents at beginning of year 319,845 283,570 456,693
Cash and Cash Equivalents at End of Year $ 229,708 $ 319,845 $ 283,570