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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash and cash equivalents at beginning of year $ 477,239 $ 477,696
Cash flows from operating activities:    
Net income 93,614 180,644
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 52,714 51,817
Write-offs associated with restructuring and other 6,333 0
Impairment of assets of discontinued operations 80,711  
Stock-based compensation 7,319 4,529
Excess tax benefits realized from stock-based compensation arrangements (767) (2,519)
Equity in net income of unconsolidated investments (net of tax) (19,550) (19,970)
Dividends received from unconsolidated investments and nonmarketable securities 11,944 13,599
Pension and postretirement expense 17,917 3,152
Pension and postretirement contributions (4,717) (4,246)
Unrealized gain on investments in marketable securities (703) (1,912)
Deferred income taxes (16,114) 4,911
Working capital changes 63,235 (53,018)
Other, net 3,211 1,867
Net cash provided by operating activities 295,147 178,854
Cash flows from investing activities:    
Capital expenditures (46,670) (103,168)
Cash payments related to acquisitions and other 0 (250)
Sales of marketable securities, net 642 768
Net cash used in investing activities (46,028) (102,650)
Cash flows from financing activities:    
Repayments of long-term debt (3,016) (6,380)
Proceeds from borrowings of long-term debt 0 117,000
Other (repayments) borrowings, net (13,083) 266,248
Dividends paid to shareholders (41,316) (39,049)
Repurchases of common stock (150,000) (582,298)
Proceeds from exercise of stock options 2,355 3,917
Excess tax benefits realized from stock-based compensation arrangements 767 2,519
Withholding taxes paid on stock-based compensation award distributions (3,150) (5,777)
Debt financing costs (1,372) (133)
Net cash used in financing activities (208,815) (243,953)
Net effect of foreign exchange on cash and cash equivalents (2,424) 4,712
Increase (decrease) in cash and cash equivalents 37,880 (163,037)
Cash and cash equivalents at end of period $ 515,119 $ 314,659