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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities  
Net loss$ (42,913)$ (49,493)
Adjustments to reconcile net loss to net cash provided by operating activities  
Depreciation, depletion, accretion and amortization273,671289,174
Net gain on sale of property, plant & equipment and businesses(55,886)(59,004)
Contributions to pension plans(3,762)(23,400)
Share-based compensation12,99115,198
Deferred tax provision(58,569)(51,060)
Changes in assets and liabilities before initial effects of business acquisitions and dispositions(31,858)(6,647)
Cost of debt purchase19,1530
Other, net8,89913,059
Net cash provided by operating activities121,726127,827
Investing Activities  
Purchases of property, plant & equipment(77,332)(62,104)
Proceeds from sale of property, plant & equipment11,7304,008
Proceeds from sale of businesses, net of transaction costs72,83050,954
Payment for businesses acquired, net of acquired cash0(35,404)
Decrease (increase) in restricted cash466(531)
Other, net1,218894
Net cash provided by (used for) investing activities8,912(42,183)
Financing Activities  
Net short-term payments(285,500)(236,512)
Payment of current maturities and long-term debt(737,952)(193,994)
Proceeds from issuance of long-term debt1,100,000450,000
Debt issuance costs(17,904)(3,058)
Proceeds from settlement of interest rate swap agreements23,3870
Proceeds from issuance of common stock4,93641,734
Dividends paid(96,878)(95,696)
Proceeds from exercise of stock options3,23212,597
Cost of debt purchase(19,153)0
Other, net32(484)
Net cash used for financing activities(25,800)(25,413)
Net increase in cash and cash equivalents104,83860,231
Cash and cash equivalents at beginning of year47,54122,265
Cash and cash equivalents at end of period$ 152,379$ 82,496[1]
[1]As Restated, See Note 1