XML 69 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Statements of Consolidated Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Operating Activities    
Net income $ 446.7 $ 413.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 112.9 107.8
Depreciation - restructuring and merger and integration 4.3 7.2
Amortization 74.1 72.6
Share-based compensation expense 18.0 15.8
Loss on sale of assets - net 1.7 3.4
Changes in assets and liabilities, net of effect from businesses acquired:    
Trade receivables (50.4) (13.0)
Inventories 80.3 82.9
Accounts payable and accrued items (73.1) 2.0
Defined benefit pension contributions (6.3) (30.5)
Accrued and prepaid taxes (18.1) (6.8)
Other - net (1.0) 28.3
Net Cash Provided by Operating Activities 589.1 683.6
Investing Activities    
Businesses acquired, net of cash acquired (101.8) 0
Additions to property, plant, and equipment (148.9) (146.5)
Proceeds from disposal of property, plant, and equipment 1.8 3.1
Other - net (8.3) 17.2
Net Cash Used for Investing Activities (257.2) (126.2)
Financing Activities    
Quarterly dividends paid (177.4) (166.5)
Purchase of treasury shares (227.0) (175.5)
Proceeds from stock option exercises 0.4 1.9
Other - net (1.2) (7.1)
Net Cash Used for Financing Activities (405.2) (347.2)
Effect of exchange rate changes on cash (14.5) (1.1)
Net (decrease) increase in cash and cash equivalents (87.8) 209.1
Cash and cash equivalents at beginning of period 256.4 229.7
Cash and Cash Equivalents at End of Period $ 168.6 $ 438.8