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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
OPERATING ACTIVITIES:    
Net income $ 222.4 $ 188.8
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 81.5 86.9
Loss related to extinguishment of debt 4.8 0
Deferred income taxes 56.2 16.7
Non-cash restructuring (benefits) costs (1.2) 1.9
Stock-based compensation expense 16.7 18.8
Other, net 10.4 12.7
Changes in operating assets and liabilities, excluding the effects of acquisitions:    
Accounts receivable (122.8) (165.1)
Inventories (215.2) (131.8)
Accounts payable 178.2 172.4
Accrued liabilities and other (246.5) (17.9)
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (15.5) 183.4
INVESTING ACTIVITIES:    
Acquisitions and acquisition-related activity (18.9) (1.5)
Capital expenditures (96.1) (69.3)
Proceeds from sales of noncurrent assets 4.1 8.7
Other (5.1) (2.0)
NET CASH USED IN INVESTING ACTIVITIES (116.0) (64.1)
FINANCING ACTIVITIES:    
Short-term borrowings, net 177.8 0
Proceeds from issuance of debt, net of debt issuance costs 1.1 2.4
Payments on notes payable and debt (0.8) (108.4)
Cash consideration paid for exchange of convertible notes (3.1) [1] 0 [1]
Cash dividends (38.1) (28.0)
Other, net (4.5) (3.1)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 132.4 (137.1)
Currency rate effect on cash and cash equivalents 3.1 (0.7)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 4.0 (18.5)
Cash and cash equivalents at beginning of period 139.6 278.3
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 143.6 $ 259.8
[1] Consideration provided in connection with the convertible note exchange in March 2011 consisted of cash as well as issuance of shares of the Company's common stock, which issuance is not included in the Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2011. See Footnote 5 of the Notes to Condensed Consolidated Financial Statements for further information.