XML 34 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 272,600 $ 84,100
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 67,800 56,800
Asset impairments 9,000  
Restructuring (1,600) (1,100)
Legal settlements and commitments   187,200
Acquired in-process research and development   3,000
Deferred income taxes 3,400 (2,100)
Share-based compensation 27,500 25,600
Inventory reserves and provision for doubtful accounts 10,400 5,400
Other items (5,500) (600)
Changes in assets and liabilities:    
Accounts receivable (10,700) (11,500)
Inventories (27,100) (16,400)
Current liabilities (122,700) (13,100)
Taxes   (12,700)
Other, net 10,600 4,800
Net cash provided by operating activities 233,700 309,400
Cash flows from investing activities:    
Capital expenditures (42,300) (31,700)
Change in restricted cash 91,700  
Payments made for intangibles (3,200) (9,000)
Other 6,900  
Net cash provided by (used in) investing activities 53,100 (40,700)
Cash flows from financing activities:    
Change in short-term borrowings, net (1,000) (80,500)
Proceeds from exercises under share-based compensation plans, net 52,200 81,500
Excess tax benefit relating to share-based compensation plans 7,100 19,800
Purchases of common stock (177,000)  
Dividends paid (32,700) (31,400)
Other (4,900) (2,200)
Net cash used in financing activities (156,300) (12,800)
Effect of exchange rate changes on cash and cash equivalents (12,900) 14,600
Increase in cash and cash equivalents during the period 117,600 270,500
Balance at January 1 596,400 641,400
Balance at June 30 714,000 911,900
Cash paid for:    
Interest 18,500 5,900
Income taxes 93,800 97,600
Non-cash transactions:    
Dividends declared, not paid 17,200 16,600
Receipt of foreign government bonds   $ 16,600