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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net income attributable to common shareholders $ 171,349 $ 151,444
Noncontrolling interests in subsidiaries' earnings 501 (123)
Net income before allocation to noncontrolling interests 171,850 151,321
Gain on divestitures (29,445) (4,258)
Restructuring - Non Cash 2,777 0
Depreciation and amortization 43,122 47,208
Stock-based compensation expense 12,860 11,132
Defined benefit plans and postretirement expense 14,769 5,403
Deferred income taxes 24,417 21,739
Cash used for working capital (79,322) (76,912)
Defined benefit plans and postretirement contributions (4,463) (17,054)
Environmental payments, net of reimbursements 11,256 8,735
Payments for asbestos-related fees and costs, net of insurance recoveries 60,051 59,233
Other (6,005) (5,617)
Total provided by operating activities 79,253 64,994
Investing activities:    
Capital expenditures (19,944) (27,703)
Proceeds from disposition of capital assets 2,254 4,720
Payment for acquisition, net of cash acquired 0 (35,594)
Proceeds from divestitures 53,599 1,000
Total provided by (used for) investing activities 35,909 (57,577)
Equity:    
Dividends paid (45,998) (41,957)
Reacquisition of shares on open market (49,991) (49,999)
Stock options exercised - net of shares reacquired 8,426 19,937
Excess tax benefit from stock-based compensation 3,233 5,706
Debt:    
Net decrease in short-term debt 0 (1,336)
Total used for financing activities (84,330) (67,649)
Effect of exchange rates on cash and cash equivalents 4,615 (1,526)
Increase (decrease) in cash and cash equivalents 35,447 (61,758)
Cash and cash equivalents at beginning of period 245,089 272,941
Cash and cash equivalents at end of period 280,536 211,183
Detail of cash used for working capital:    
Accounts receivable 65,061 73,631
Inventories 6,205 40,692
Other current assets 3,799 2,949
Accounts payable (20,891) 20,884
Accrued liabilities (8,122) (5,621)
U.S. and foreign taxes on income 24,756 25,097
Total (79,322) (76,912)
Supplemental disclosure of cash flow information:    
Interest paid 19,405 18,903
Income taxes paid $ 23,700 $ 15,914