XML 34 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows from Operating Activities    
Net Income $ 80,817 $ 177,562
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant and equipment 191,388 190,111
Amortization of intangible assets 9,867 13,833
Net pension expense 11,425 9,980
Early retirement program expense 22,700 8,508
Stock-based compensation 34,429 10,570
Foreign exchange loss (gain) 9,350 (3,179)
Net loss (gain) on sales of businesses 70 (23,759)
Net gain on sales or write-downs of marketable equity securities and cost method investments (714) (7,237)
Equity in earnings of affiliates, net of distributions (13,168) (10,577)
Benefit for deferred income taxes (8,802) (15,756)
Net loss on sale or write-down of property, plant and equipment and other assets 1,476 545
Change in assets and liabilities:    
Increase in accounts receivable, net (32,717) (11,984)
Decrease in inventories 1,138 1,690
Increase (decrease) in accounts payable and accrued liabilities 8,587 (24,885)
Increase in deferred revenue 31,885 20,070
Increase (decrease) in income taxes payable 21,884 (35,341)
(Increase) decrease in other assets and other liabilities, net (23,329) (7,315)
Other 1,340 2,674
Net Cash Provided by Operating Activities 347,626 295,510
Cash Flows from Investing Activities    
Purchases of property, plant and equipment (143,298) (152,391)
Investments in certain businesses, net of cash acquired (19,927) (8,971)
Purchases of marketable equity securities and other investments (12,029) (46,324)
Net proceeds from sales of businesses, property, plant and equipment and other assets 5,800 75,106
Other (3) 1,477
Net Cash Used in Investing Activities (169,457) (131,103)
Cash Flows from Financing Activities    
Repayment of short-term borrowing (240,121) (109,671)
Common shares repurchased (4,196) (97,545)
Purchase of shares from a noncontrolling interest (3,115) 0
Dividends paid (649) (56,235)
Other 536 19,561
Net Cash Used in Financing Activities (247,545) (243,890)
Effect of Currency Exchange Rate Change (1,396) 4,038
Net Decrease in Cash and Cash Equivalents (70,772) (75,445)
Beginning Cash and Cash Equivalents 512,431 381,099
Ending Cash and Cash Equivalents 440,810 305,654
Ending Cash and Cash Equivalents, Including Cash of Discontinued Operations $ 441,659