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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities      
Net income $ 1,177.9 $ 1,329.9 $ 1,035.6
Loss (income) from discontinued operations 19.2 (1.7) (47.0)
Loss (gain) on disposal of discontinued operations 61.3 (304.8) (2.5)
Income from continuing operations 1,258.4 1,023.4 986.1
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:      
Depreciation and amortization 983.7 859.6 739.7
Change in deferred income taxes (301.6) (123.1) (266.5)
Non-cash stock-based compensation 78.2 80.0 81.6
Non-cash charges for sale of inventories revalued at the date of acquisition 52.4 69.5 11.4
Tax benefits from stock-based compensation awards (22.7) (16.9) (12.8)
Other non-cash expenses, net 53.8 49.5 72.8
Changes in assets and liabilities, excluding the effects of acquisitions and dispositions:      
Accounts receivable 12.0 (101.2) (70.8)
Inventories (59.9) (28.6) (24.1)
Other assets (100.3) (136.8) (78.0)
Accounts payable 10.0 33.8 (0.5)
Other liabilities 127.2 (7.3) 35.6
Contributions to retirement plans (23.3) (25.3) (24.4)
Net cash provided by continuing operations 2,067.9 1,676.6 1,450.1
Net cash (used in) provided by discontinued operations (28.4) 14.4 47.7
Net cash provided by operating activities 2,039.5 1,691.0 1,497.8
Investing Activities      
Acquisitions, net of cash acquired (1,083.4) (5,690.3) (606.2)
Purchase of property, plant and equipment (315.1) (260.9) (245.4)
Proceeds from sale of property, plant and equipment 12.8 8.2 10.2
Proceeds from sale of investments 1.9 19.5 9.0
Proceeds from sale of businesses, net of cash divested   13.8  
Proceeds from derivative instruments related to Phadia acquisition   27.6  
Other investing activities, net (0.8) (6.0) (10.1)
Net cash used in continuing operations (1,384.6) (5,888.1) (842.5)
Net cash provided by (used in) discontinued operations 58.8 745.9 (16.4)
Net cash used in investing activities (1,325.8) (5,142.2) (858.9)
Financing Activities      
Net proceeds from issuance of long-term debt 1,282.1 4,254.1 741.4
(Decrease) increase in commercial paper, net (849.3) 899.3  
Settlement of convertible debt   (452.0) (600.8)
Redemption and repayment of long-term obligations (354.5) (1.4) (505.4)
Purchases of company common stock (1,150.0) (1,337.5) (1,012.5)
Dividends paid (142.2)    
Net proceeds from issuance of company common stock 254.1 158.1 77.3
Tax benefits from stock-based compensation awards 22.7 16.9 12.8
Increase (decrease) in short-term notes payable 24.0 9.2 (7.9)
Other financing activities, net (4.6) 3.9  
Net cash (used in) provided by financing activities (917.7) 3,550.6 (1,295.1)
Exchange Rate Effect on Cash 38.7 (0.2) 9.2
(Decrease) Increase in Cash and Cash Equivalents (165.3) 99.2 (647.0)
Cash and Cash Equivalents at Beginning of Period 1,016.3 917.1 1,564.1
Cash and Cash Equivalents at End of Period $ 851.0 $ 1,016.3 $ 917.1