Supplemental Disclosures To The Consolidated Statements Of Cash Flows

6 Months Ended

Jun. 30, 2011

Supplemental Disclosures To The Consolidated Statements Of Cash Flows

Supplemental Disclosures To The Consolidated Statements Of Cash Flows

5.    Supplemental Disclosures to the Consolidated Statements of Cash Flows

The following schedule provides additional information concerning acquisitions, interest and income taxes paid for the six-month periods ended June 30, 2011 and 2010.

(In millions of dollars)	2011			2010
Assets acquired, excluding cash	$	128		$	532
Liabilities assumed		(17	)		(115	)
Shares issued (7.4 million shares in 2010)		—			(178	)
Contingent/deferred purchase consideration		(13	)		(55	)
Net cash outflow for current year acquisitions		98			184
Deferred purchase consideration from prior year acquisitions		15			14
Net cash outflow for acquisitions	$	113		$	198
(In millions of dollars)	2011			2010
Interest paid	$	100		$	113
Income taxes (refunded)/paid	$	(112	)	$	34

The Company had non-cash issuances of common stock under its share-based payment plan of $181 million and $132 million for the six months ended June 30, 2011 and 2010, respectively. The Company recorded stock-based compensation expense related to equity awards of $83 million and $90 million for the six month periods ended June 30, 2011 and 2010, respectively.

The consolidated statement of cash flows for the period ended June 30, 2010 includes the cash flow impact of discontinued operations in each cash flow category. The cash flow impact of discontinued operations from the operating, financing and investing cash flow categories in 2010 is as follows:

For the Year Ended June 30, (In millions of dollars)	2010
Net cash used for operations	$	(18	)
Net cash used for investing activities	$	(13	)
Effect of exchange rate changes on cash and cash equivalents	$	(4	)

The information above excludes the cash flow impacts of actual disposal transactions related to discontinued operations because the Company believes these transactions to be cash flows attributable to the parent company, arising from its decision to dispose of the discontinued operation. In the first six months of 2010, the Company's cash flow reflects cash provided by investing activities of $110 million related to the disposition of KLS.