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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Statement of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of year $ 213,734 $ 2,489,768
Cash flows from operating activities:    
Net (loss) income (67,206) 106,495
Adjustments to reconcile net (loss) income to cash flows from operating activities:    
Depreciation and amortization 128,505 131,469
Gain on sales of businesses, net (122,298) 0
Stock-based compensation 8,733 9,193
Excess tax benefits realized from stock-based compensation arrangements (348) (59)
Equity in net income of unconsolidated investments (net of tax) (30,861) (16,186)
Dividends received from unconsolidated investments and nonmarketable securities 31,522 45,526
Pension and postretirement expense (benefit) 3,390 (1,071)
Pension and postretirement contributions (9,524) (10,973)
Unrealized gain on investments in marketable securities (10) (571)
Deferred income taxes 414,736 (41,207)
Working capital changes (108,016) (44,932)
Other, net 3,878 (44,501)
Net cash provided by operating activities 252,501 133,183
Cash flows from investing activities:    
Acquisition of Rockwood, net of cash acquired 0 (2,051,645)
Other acquisitions, net of cash acquired 0 (48,845)
Cash payments related to acquisitions and other (81,988) 0
Capital expenditures (99,509) (111,723)
Decrease in restricted cash 0 57,550
Cash proceeds from divestitures, net 310,599 0
Sales of marketable securities, net 969 1,433
Repayments from joint ventures 0 2,156
Net cash provided by (used in) investing activities 130,071 (2,151,074)
Cash flows from financing activities:    
Repayments of long-term debt (382,162) (1,331,648)
Proceeds from borrowings of long-term debt 0 1,000,000
Other borrowings, net 67,865 133,699
Dividends paid to shareholders (66,791) (54,238)
Dividends paid to noncontrolling interests (17,052) (8,282)
Proceeds from exercise of stock options 4,939 342
Excess tax benefits realized from stock-based compensation arrangements 348 59
Withholding taxes paid on stock-based compensation award distributions (1,982) (1,218)
Debt financing costs 0 (1,164)
Other 0 (3,882)
Net cash used in financing activities (394,835) (266,332)
Net effect of foreign exchange on cash and cash equivalents (7,810) 1,693
Decrease in cash and cash equivalents (20,073) (2,282,530)
Cash and cash equivalents at end of period $ 193,661 $ 207,238