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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
OPERATING ACTIVITIES:  
Net income$ 44.8$ 217.1
Adjustments to reconcile net income to net cash (used in) provided by operating activities:  
Depreciation and amortization121.1130.2
Goodwill and Intangible Asset Impairment382.60
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax13.90
Loss related to extinguishment of debt4.8218.6
Deferred income taxes12.1(3.0)
Non-cash restructuring (benefits) costs(1.5)5.2
Stock-based compensation expense28.427.8
Other, net13.219.7
Changes in operating assets and liabilities, excluding the effects of acquisitions:  
Accounts receivable5.1(107.5)
Inventories(188.1)(141.2)
Accounts payable55.4118.7
Accrued liabilities and other(212.0)(107.7)
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES279.8377.9
INVESTING ACTIVITIES:  
Acquisitions and acquisition-related activity(20.0)(1.5)
Capital expenditures(151.2)(108.1)
Proceeds from Sales of Business, Affiliate and Productive Assets39.09.4
Other(7.2)(2.0)
NET CASH USED IN INVESTING ACTIVITIES(139.4)(102.2)
FINANCING ACTIVITIES:  
Short-term borrowings, net98.9189.6
Proceeds from issuance of debt, net of debt issuance costs3.3547.3
Payments for Repurchase of Warrants0(279.5)
Proceeds from settlement of call options0346.6
Payments for Repurchase of Common Stock(24.4)(500.1)
Payments on notes payable and debt(150.8)(610.6)
Cash consideration paid for exchange of convertible notes(3.1)[1](53.0)[1]
Cash dividends(61.6)(40.8)
Other, net(4.5)(3.7)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES(142.2)(404.2)
Currency rate effect on cash and cash equivalents1.13.7
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS(0.7)(124.8)
Cash and cash equivalents at beginning of period139.6278.3
CASH AND CASH EQUIVALENTS AT END OF PERIOD$ 138.9$ 153.5
[1]Consideration provided in connection with the convertible note exchanges in March 2011 and September 2010 consisted of cash as well as issuance of shares of the Company’s common stock, which issuance is not included in the Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2011 and 2010. See Footnote 6 of the Notes to Condensed Consolidated Financial Statements for further information.