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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows From Operating Activities:    
Net Income (Loss) $ (121,819) $ 119,353
Less: Income from discontinued operations, net of tax   3,497
Income (loss) from continuing operations (121,819) 115,856
Non-cash items included in net income:    
Depreciation and amortization 39,318 45,874
Drydock amortization 9,931 13,607
Equity in loss of unconsolidated affiliates 9,592 6,334
Gain on asset disposals and impairments-net (14,729) (197)
Restructuring charges 15,462  
Provision (benefit) from deferred taxes (4,314) 1,194
Other non-cash items 9,790 10,858
Changes in assets and liabilities, net of effects from dispositions:    
Accounts receivable 117,307 36,237
Net contracts in progress and advance billings on contracts (4,051) (150,712)
Accounts payable 24,413 4,074
Accrued and other current liabilities (23,299) 10,145
Pension liability and accrued postretirement and employee benefits (25,973) 15,426
Derivative instruments and hedging activities (71,013) (24,204)
Other assets and liabilities (53,739) 6,695
Net Cash Provided By (Used In) Operating Activities-Continuing Operations (96,482) 91,187
Cash Flows From Investing Activities:    
Purchases of property, plant and equipment (144,475) (131,661)
Increase in restricted cash and cash equivalents (6,370) (2,062)
Purchases of available-for-sale securities (8,637) (66,266)
Sales and maturities of available-for-sale securities 34,031 125,895
Proceeds from the sale and disposal of assets 35,672 221
Other investing activities, net (6,939) (2,292)
Net Cash Used In Investing Activities-Continuing Operations (96,718) (76,165)
Net Cash Provided By Investing Activities-Discontinued Operations   60,671
Total Cash Used In Investing Activities (96,718) (15,494)
Cash Flows From Financing Activities:    
Increase in debt   19,033
Payment of debt (7,073) (2,988)
Noncontrolling interests distributions and other (11,243) (15,726)
Other financing activities, net (1,038) (2,638)
Net Cash Used In Financing Activities-Continuing Operations (19,354) (2,319)
Effects of exchange rate changes on cash and cash equivalents 118 (168)
Net increase (decrease) in cash and cash equivalents (212,436) 73,206
Cash and cash equivalents at beginning of period 640,147 570,854
Cash and cash equivalents at end of period-Continuing Operations 427,711 644,060
Cash paid during the period for:    
Income taxes (net of refunds) $ 72,363 $ 47,403