XML 59 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 29, 2012
Dec. 31, 2011
Oct. 01, 2011
Current assets      
Cash and cash equivalents $ 642,570 $ 50,077 $ 52,665
Accounts and notes receivable, net of allowances of $33,097, $39,111 and $42,436, respectively 1,319,561 569,204 556,688
Inventories 1,379,971 449,863 459,916
Deferred taxes 131,531 60,899 61,411
Prepaid expenses and other current assets 266,813 107,792 147,568
Total current assets 3,740,446 1,237,835 1,278,248
Property, plant and equipment, net 1,156,327 387,525 394,922
Other assets      
Goodwill 4,766,519 2,273,918 2,516,692
Intangibles, net 1,954,512 592,285 619,262
Other 354,531 94,750 73,319
Total other assets 7,075,562 2,960,953 3,209,273
Total assets 11,972,335 4,586,313 4,882,443
Current liabilities      
Short-term borrowings 17 3,694 29,705
Current maturities of long-term debt 501,375 1,168 1,194
Accounts payable 602,707 294,858 281,448
Dividends payable 142,999    
Employee compensation and benefits 304,029 109,361 117,538
Current pension and post-retirement benefits 14,790 9,052 8,733
Accrued product claims and warranties 64,498 42,630 43,920
Income taxes   14,547 26,283
Accrued rebates and sales incentives 153,645 37,009 45,231
Other current liabilities 347,889 129,522 163,550
Total current liabilities 2,131,949 641,841 717,602
Other liabilities      
Long-term debt 1,495,369 1,304,225 1,317,454
Pension and other retirement compensation 382,181 248,615 190,221
Post-retirement medical and other benefits 28,963 31,774 26,933
Long-term income taxes 49,041 26,470 23,891
Deferred taxes 539,451 188,957 228,737
Other non-current liabilities 279,140 97,039 79,489
Total liabilities 4,906,094 2,538,921 2,584,327
Commitments and contingencies         
Redeemable noncontrolling interest 100,000    
Shareholders' equity      
Common shares CHF 0.50 par value, 213,000,000, authorized and issued at September 29, 2012; 250,000,0000 shares authorized at December 31, 2011 and October 1, 2011; and 98,622,564 and 98,566,023 shares issued and outstanding at December 31, 2011 and October 1, 2011, respectively 113,454 47,526 47,496
Treasury stock value (119,405)    
Capital contribution reserve 5,337,941 457,754 449,959
Retained earnings 1,676,199 1,579,290 1,733,281
Accumulated other comprehensive loss (160,134) (151,241) (48,039)
Noncontrolling interest 118,186 114,063 115,419
Total shareholders' equity 6,966,241 2,047,392 2,298,116
Total liabilities and shareholders' equity $ 11,972,335 $ 4,586,313 $ 4,882,443