XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Statement of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Provided by (Used for) Operating Activities:    
Net income $ 1,121,570 $ 745,261
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 166,910 166,525
Amortization of intangible assets 120,125 106,237
Change in deferred income taxes (51,618) (14,173)
Provision for uncollectible accounts 4,766 9,995
Loss on sale of plant and equipment 459 706
Income from investments (13,630) (10,232)
Gain on sale of operations and affiliates (2,233) (1,611)
Stock compensation expense 27,736 27,399
Other non-cash items, net (2,983) 664
(Increase) decrease in-    
Trade receivables (525,659) (393,136)
Inventories (193,673) (174,494)
Prepaid expenses and other assets (20,442) 16,687
Increase (decrease) in-    
Accounts payable 90,923 147,042
Accrued expenses and other liabilities 68,762 40,439
Income taxes (336,412) (59,724)
Other, net 2,568 586
Net cash provided by operating activities 457,169 608,171
Cash Provided by (Used for) Investing Activities:    
Acquisition of businesses (excluding cash and equivalents) (747,855) (216,830)
Additions to plant and equipment (175,954) (123,281)
Purchases of investments (401) (1,257)
Proceeds from investments 11,698 9,427
Proceeds from sale of plant and equipment 5,327 8,772
Proceeds from sale of operations and affiliates 1,386 1,403
Other, net 8,423 20,615
Net cash used for investing activities (897,376) (301,151)
Cash Provided by (Used for) Financing Activities:    
Cash dividends paid (339,250) (311,495)
Issuance of common stock 131,462 42,852
Repurchases of common stock (550,000)  
Net proceeds (repayments) of debt with original maturities of three months or less 1,114,933 95,662
Proceeds from debt with original maturities of more than three months 196 1,488
Repayments of debt with original maturities more than three months (1,966) (24,457)
Excess tax benefits from share-based compensation 7,091 2,311
Net cash provided by (used) for financing activities 362,466 (193,639)
Effect of Exchange Rate Changes on Cash and Equivalents 122,036 (118,232)
Cash and Equivalents:    
Increase (decrease) during the period 44,295 (4,851)
Beginning of period 1,186,367 1,346,166
End of period 1,230,662 1,341,315
Cash Paid During the Period for Interest 58,728 64,455
Cash Paid During the Period for Income Taxes 566,193 378,179
Liabilities Assumed from Acquisitions $ 89,622 $ 106,878