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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities:      
Net earnings $ 593,126 $ 860,984 $ 206,323
Adjustments:      
Depreciation 534,010 522,571 512,147
Amortization 73,011 67,829 70,455
Stock-based compensation 50,733 49,003 43,041
Deferred income taxes (25,274) 58,051 138,262
Equity in losses of unconsolidated affiliates 13,323 10,043 32,082
Impairment of non-current assets 30,000 13,943  
Loss on sale of assets 17,563    
Changes in assets and liabilities (exclusive of acquisitions):      
Accounts receivable 148,113 (274,920) (310,188)
Inventories (65,655) (433,696) (231,913)
Accounts payable (111,496) 62,012 179,807
Federal income taxes (28,022) 930 180,821
Salaries, wages and related accruals (60,363) 129,340 56,641
Other 31,316 (35,037) (10,684)
Cash provided by operating activities 1,200,385 1,031,053 866,794
Investing activities:      
Capital expenditures (947,608) (438,943) (338,684)
Investment in and advances to affiliates (180,472) (95,950) (434,006)
Repayment of advances to affiliates 65,446 50,000 83,885
Disposition of plant and equipment 51,063 25,333 24,944
Acquisitions (net of cash acquired) (760,833) (3,959) (64,788)
Purchases of investments (409,403) (1,494,782) (1,323,264)
Proceeds from the sale of investments 1,667,142 1,285,763 394,640
Purchases of restricted investments   (564,994)  
Proceeds from the sale of restricted investments 359,295 47,479  
Changes in restricted cash (48,625) 530,165 (598,482)
Cash used in investing activities (203,995) (659,888) (2,255,755)
Financing activities:      
Net change in short-term debt 27,945 (11,450) 11,561
Repayment of long-term debt (650,000)   (6,000)
Proceeds from issuance of long-term debt, net of discount     1,198,992
Debt issuance costs     (4,050)
Issuance of common stock 10,515 8,097 4,687
Excess tax benefits from stock-based compensation 4,700 1,000 (700)
Distributions to noncontrolling interests (74,848) (61,720) (55,380)
Cash dividends (466,361) (461,518) (457,282)
Other financing activities 1,172 30,569  
Cash provided by (used in) financing activities (1,146,877) (495,022) 691,828
Effect of exchange rate changes on cash 2,704 (904) 5,558
Decrease in cash and cash equivalents (147,783) (124,761) (691,575)
Cash and cash equivalents - beginning of year 1,200,645 1,325,406 2,016,981
Cash and cash equivalents - end of year 1,052,862 1,200,645 1,325,406
Non-cash investing activity:      
Change in accrued plant and equipment purchases $ 71,726 $ 1,559 $ 6,610