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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
OPERATING ACTIVITIES        
Net earnings attributable to common shareowners $ 154.8 $ 197.3 $ 276.6 $ 356.0
Less: net earnings (loss) from discontinued operations 0 0.3 0 (1.0)
Add: net loss attributable to non-controlling interests (0.3) 0 (1.0) (0.3)
Net earnings from continuing operations 154.5 197.6 275.6 354.7
Adjustments to reconcile net earnings to cash provided by operating activities:        
Depreciation and amortization of property, plant and equipment 59.6 51.7 122.8 113.0
Amortization of intangibles 49.4 42.1 102.0 84.7
Settlement of income tax contingencies 0 (48.5) 0 (69.2)
Changes in working capital 40.2 (17.8) (112.0) (58.2)
Changes in other assets and liabilities (4.5) (45.7) (121.5) (125.3)
Cash provided by operating activities 299.2 179.4 266.9 299.7
INVESTING ACTIVITIES        
Capital expenditures (109.0) (67.9) (170.5) (138.0)
Business acquisitions, net of cash acquired (462.7) (37.8) (577.4) (106.1)
Proceeds from sale of assets 4.4 2.2 6.3 26.0
Proceeds (payments) on net investment hedge settlements 5.0 (6.5) 7.0 (29.2)
Short-term investments 0 (42.5) 0 (42.5)
Cash provided by (used in) investing activities (573.6) (211.0) (745.9) (348.3)
FINANCING ACTIVITIES        
Payments on long-term debt (320.8) (400.9) (321.1) (401.4)
Proceeds from long-term debt 0 20.5 0 20.5
Net premium paid for equity option 0 (19.6) 0 (19.6)
Stock purchase contract fees (0.8) (0.8) (1.6) (1.6)
Net short-term borrowings 592.1 483.4 788.9 624.8
Cash dividends on common stock (68.9) (68.9) (138.8) (137.5)
Termination of interest rate swaps 0 0 35.8 0
Termination of forward starting interest rate swap 0 0 (56.4) 0
Proceeds from the issuance of common stock 10.9 30.0 75.5 85.4
Purchase of common stock for treasury (206.9) (5.4) (217.8) (6.1)
Cash provided by (used in) financing activities 5.6 38.3 164.5 164.5
Effect of exchange rate changes on cash and cash equivalents (37.0) 26.9 (14.6) 55.7
Change in cash and cash equivalents (305.8) 33.6 (329.1) 171.6
Cash and cash equivalents, beginning of period 883.6 1,880.8 906.9 1,742.8
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 577.8 $ 1,914.4 $ 577.8 $ 1,914.4