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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net loss $ (813.7) $ (55.3)
Adjustments to reconcile net loss to net cash (used) provided by operating activities:    
Depreciation 87.7 106.1
Amortization 27.3 38.7
Provision for doubtful accounts 114.2 146.9
Provision for obsolescence 44.7 67.6
Share-based compensation 28.9 28.4
Foreign exchange losses 28.2 21.1
Deferred income taxes 674.9 (87.9)
Charge for Venezuelan monetary assets and liabilities (4.2) 53.7
Charge for Venezuelan non-monetary assets 101.7 115.7
Pre-tax gain on sale of business (44.9) 0.0
Other 56.2 55.8
Changes in assets and liabilities:    
Accounts receivable (118.4) (120.0)
Inventories (198.9) (229.7)
Prepaid expenses and other (1.6) (56.3)
Accounts payable and accrued liabilities (47.9) 100.0
Income and other taxes 17.6 23.8
Noncurrent assets and liabilities (48.5) (82.8)
Net cash (used) provided by operating activities (96.7) 125.8
Cash Flows from Investing Activities    
Capital expenditures (61.8) (88.2)
Disposal of assets 5.7 7.0
Net proceeds from sale of business 208.3 0.0
Purchases of investments (25.0) (22.9)
Proceeds from sale of investments 9.0 18.4
Net cash provided (used) by investing activities 136.2 (85.7)
Cash Flows from Financing Activities    
Cash dividends (80.7) (81.9)
Debt, net (maturities of three months or less) (10.3) (6.4)
Proceeds from debt 7.6 0.0
Repayment of debt (265.6) (70.0)
Net proceeds from exercise of stock options 0.0 0.2
Repurchase of common stock (3.0) (9.4)
Other financing activities (5.9) 0.0
Net cash used by financing activities (357.9) (167.5)
Effect of exchange rate changes on cash and cash equivalents (54.7) (154.5)
Net decrease in cash and cash equivalents (373.1) (281.9)
Cash and cash equivalents at beginning of year 960.5 1,107.9
Cash and cash equivalents at end of period $ 587.4 $ 826.0