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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Operating Activities    
Net Income $ 775.6 $ 469.6
Income from discontinued operations (5.5) (13.8)
Gain on disposal of discontinued operations (305.3) (2.5)
Income from continuing operations 464.8 453.3
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 386.9 378.9
Change in deferred income taxes (78.9) (132.0)
Non-cash stock-based compensation 41.9 40.8
Non-cash interest expense on convertible debt 1.4 5.3
Non-cash charges for sale of inventories revalued at the date of acquisition 16.6 6.0
Tax benefits from stock-based compensation awards (15.4) (7.8)
Other non-cash expenses, net 23.6 24.4
Changes in assets and liabilities, excluding the effects of acquisitions and dispositions:    
Accounts receivable (66.6) (99.5)
Inventories (64.6) (50.9)
Other assets (9.6) (9.4)
Accounts payable 57.7 51.6
Other liabilities (64.8) (43.0)
Contributions to retirement plans (12.8) (8.7)
Net cash provided by continuing operations 680.2 609.0
Net cash provided by discontinued operations 13.1 17.8
Net cash provided by operating activities 693.3 626.8
Investing Activities    
Acquisitions, net of cash acquired (2,091.3) (287.8)
Purchase of property, plant and equipment (122.9) (105.4)
Proceeds from sale of property, plant and equipment 3.2 2.4
Proceeds from sale of business, net of cash divested 13.8 0
Other investing activities, net (2.9) (0.2)
Net cash used in continuing operations (2,200.1) (391.0)
Net cash provided by discontinued operations 834.2 0.5
Net cash used in investing activities (1,365.9) (390.5)
Financing Activities    
Net proceeds from issuance of debt 2,174.4 741.6
Settlement of convertible debt (452.0) (600.8)
Redemption and repayment of long-term obligations (0.5) (502.2)
Purchases of company common stock (762.5) (187.5)
Net proceeds from issuance of company common stock 141.8 49.4
Tax benefits from stock-based compensation awards 15.4 7.8
Increase (decrease) in short-term notes payable 9.2 (0.1)
Net cash provided by (used in) financing activities 1,125.8 (491.8)
Exchange Rate Effect on Cash (14.2) (1.2)
Increase (Decrease) in Cash and Cash Equivalents 439.0 (256.7)
Cash and Cash Equivalents at Beginning of Period 917.1 1,564.1
Cash and Cash Equivalents at End of Period 1,356.1 1,307.4
Supplemental Cash Flow Information    
Fair value of assets of acquired businesses 2,708.1 406.1
Cash paid for acquired businesses (2,182.3) (305.4)
Fair value of liabilities assumed of acquired businesses 525.8 100.7
Issuance of restricted stock 0 1.4
Issuance of stock upon vesting of restricted stock units $ 21.9 $ 15.5