XML 48 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net earnings$ 170.5$ 112.1
Adjustments to reconcile net earnings to net cash flows provided by operating activities, net of effects from acquisitions:  
Depreciation and amortization45.937.6
Deferred income taxes43.746.5
Non-cash compensation19.420.7
Debt prepayment costs 2.5
Provision for doubtful accounts1.11.6
Loss on disposal of property and equipment0.56.0
Tax benefits realized from prior exercises of employee stock options(23.5)(17.2)
Changes in operating assets and liabilities:  
Accounts receivable(75.7)(61.3)
Inventories(101.2)(42.5)
Other current assets and other assets2.82.0
Accounts payable and accrued liabilities140.563.3
Net cash provided by operating activities224.0171.3
CASH FLOWS FROM INVESTING ACTIVITIES:  
Capital expenditures(45.5)(29.3)
Acquisitions, net of cash acquired(17.0) 
Net cash used in investing activities(62.5)(29.3)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Proceeds from common stock issued1.80.2
Tax benefits realized from prior exercises of employee stock options23.517.2
Borrowings on line of credit30.0 
Repayments on line of credit(30.0) 
Proceeds from long-term debt, net of debt original issue discount 645.6
Debt origination and prepayment costs (13.7)
Principal payments on long-term debt(0.5)(75.2)
Net cash provided by financing activities24.8574.1
Effect of exchange rate changes on cash and cash equivalents(0.1)(2.1)
Net increase in cash and cash equivalents186.2714.0
Cash and cash equivalents, beginning of period78.7120.1
Cash and cash equivalents, end of period264.9834.1
Cash paid during period for:  
Interest72.042.8
Income taxes24.912.0
Supplemental schedule of noncash investing activities:  
Accrued property additions$ 4.7