XML 53 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES    
Net earnings $ 198.1 $ 205.5
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Impairment charges 19.6 43.0
Depreciation and Amortization 364.9 420.0
Provision for doubtful accounts receivable 7.3 11.3
Share-based compensation 18.6 22.5
Deferred income taxes 8.4 (38.3)
Changes in uncertain tax positions (18.9) (97.8)
Loss (gain) on investments and other assets-net 1.0 (12.3)
Net pension and postretirement benefits (income) expense (35.9) 50.6
Loss on debt extinguishment 12.1 69.9
Other 31.2 21.6
Changes in operating assets and liabilities-net of acquisitions:    
Accounts receivable-net (167.5) (147.1)
Inventories (31.3) (18.0)
Prepaid expenses and other current assets (8.4) (13.6)
Accounts payable 12.3 91.6
Income taxes payable and receivable 26.3 (0.7)
Accrued liabilities and other (125.8) (91.5)
Pension and postretirement benefits contributions (142.6) (44.9)
Net cash provided by operating activities 169.4 471.8
INVESTING ACTIVITIES    
Capital expenditures (159.9) (193.8)
Acquisitions of businesses, net of cash acquired (89.4) (113.4)
Proceeds from return of capital and sale of investments and other assets 42.1 9.5
Purchases of other investments (2.5) (7.0)
Transfers (to) from restricted cash-net (0.1) 0.2
Net cash used in investing activities (209.8) (304.5)
FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt 450.0 600.0
Net change in short-term debt 0.2 6.3
Payments of current maturities and long-term debt (623.6) (494.5)
Net proceeds of credit facility borrowings 279.0 225.0
Proceeds from termination of interest rate swaps 11.0  
Debt issuance costs (7.5) (10.0)
Issuance of common stock 4.9 7.1
Acquisition of common stock   (500.0)
Dividends paid (140.2) (156.5)
Distributions to noncontrolling interests (1.2) (3.2)
Net cash used in financing activities (27.4) (325.8)
Effect of exchange rate on cash flows and cash equivalents 11.0 7.5
Net decrease in cash and cash equivalents (56.8) (151.0)
Cash and cash equivalents at beginning of period 449.7 519.1
Cash and cash equivalents at end of period 392.9 368.1
Supplemental non-cash disclosure:    
Proceeds deposited in escrow from sale of property $ 7.9