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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net earnings $ 2,598.4 $ 2,695.0 $ 2,392.2
Less earnings from discontinued operations, net of income taxes 55.3 104.4 210.9
Net earnings from continuing operations 2,543.1 2,590.6 2,181.3
Non-cash items:      
Depreciation 537.9 511.7 487.9
Amortization 351.6 338.9 311.1
Stock-based compensation expense 115.5 109.6 103.7
Earnings from unconsolidated joint venture, net of cash dividends received 0.0 66.6 (25.4)
Pre-tax gain on sales of investments and a product line (156.5) (431.3) 0.0
Change in deferred income taxes 199.8 276.3 191.7
Change in trade accounts receivable, net (113.4) (35.2) (77.6)
Change in inventories 49.9 43.5 58.6
Change in trade accounts payable 108.5 175.3 63.8
Change in prepaid expenses and other assets (136.9) (112.9) (95.2)
Change in accrued expenses and other liabilities 118.5 (65.7) 106.5
Total operating cash provided by continuing operations 3,618.0 3,467.4 3,306.4
Total operating cash provided by discontinued operations 140.4 117.9 108.6
Net cash provided by operating activities 3,758.4 3,585.3 3,415.0
Cash flows from investing activities:      
Cash paid for acquisitions (3,128.4) (882.5) (1,607.7)
Payments for additions to property, plant and equipment (580.6) (538.1) (445.8)
Proceeds from sales of investments and a product line 253.8 958.6 0.0
All other investing activities 30.3 (2.4) 30.0
Total investing cash used in continuing operations (3,424.9) (464.4) (2,023.5)
Proceeds from sale of discontinued operations 0.0 0.0 337.5
Total investing cash used in discontinued operations (19.4) (88.1) (201.6)
Net cash used in investing activities (3,444.3) (552.5) (1,887.6)
Cash flows from financing activities:      
Proceeds from the issuance of common stock 132.9 177.4 212.0
Payment of dividends (227.7) (52.1) (86.4)
Purchase of stock 0.0 0.0 (648.4)
Net proceeds from (repayments of) borrowings (maturities of 90 days or less) 312.2 (763.3) 195.9
Repayments of borrowings (maturities longer than 90 days) (414.7) (967.8) (61.5)
All other financing activities (20.9) 0.0 0.0
Net cash used in financing activities (218.2) (1,605.8) (388.4)
Effect of exchange rate changes on cash and equivalents (205.5) 9.5 2.7
Net change in cash and equivalents (109.6) 1,436.5 1,141.7
Beginning balance of cash and equivalents 3,115.2 1,678.7 537.0
Ending balance of cash and equivalents $ 3,005.6 $ 3,115.2 $ 1,678.7