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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net earnings available to common stockholders$ 198.4$ 204.6
Adjustments to reconcile net earnings to net cash provided by operating activities:  
Depreciation and amortization109.6114.0
Share-based incentive compensation17.722.0
Costs related to the acquisition of Diversey30.7 
Gains from foreign currency forward contracts related to the closing of the acquisition of Diversey(6.3) 
Amortization of senior debt related items and other0.51.3
(Recovery of) provisions for bad debt(1.3)6.0
Provisions for inventory obsolescence8.82.2
Deferred taxes, net(10.9)(11.0)
Excess tax benefits from share-based incentive compensation(2.8) 
Net gains on disposals of property and equipment and other(2.4)(0.4)
Gain on sale of available-for-sale securities, net of impairment (2.4)
Changes in operating assets and liabilities, net of effects of businesses acquired and certain assets acquired:  
Receivables, net(21.9)(26.4)
Inventories(90.9)(62.4)
Other assets, net(9.2)16.2
Accounts payable10.923.3
Income taxes payable25.929.2
Other liabilities20.2(27.0)
Net cash provided by operating activities277.0289.2
Cash flows from investing activities:  
Capital expenditures for property and equipment(78.1)(60.7)
Proceeds from sales of property and equipment5.03.1
Businesses acquired in purchase transactions, net of cash and cash equivalents acquired (7.6)
Proceeds from sale of available-for-sale securities 6.2
Other investing activities1.72.1
Net cash used in investing activities(71.4)(56.9)
Cash flows from financing activities:  
Dividends paid on common stock(62.4)(59.0)
Acquisition of common stock for tax withholding obligations under our 2005 contingent stock plan(12.8) 
Payments of long-term debt(6.2)(79.5)
Payment of debt issuance costs(5.3) 
Excess tax benefit from share-based incentive compensation2.8 
Proceeds from long-term debt1.4 
Net payments of short term borrowings(0.9)(8.0)
Other(1.0)(2.0)
Net cash used in financing activities(84.4)(148.5)
Effect of foreign currency exchange rate changes on cash and cash equivalents3.5(16.5)
Cash and cash equivalents:  
Balance, beginning of period675.6694.5
Net change during the period124.767.3
Balance, end of period800.3761.8
Supplemental Cash Flow Information:  
Interest payments, net of amounts capitalized89.2106.1
Income tax payments73.263.6
Non-cash items:  
Transfers of shares of our common stock from treasury as part of our 2009 profit-sharing plan contributions 7.2
Net unrealized gains on available-for-sale securities $ 0.2