Cash flow Statement (Annual, GAAP
in millions $) |
(FY 2003) 12 Months |
(FY 2002) 12 Months |
(FY 2001) 12 Months |
(FY 2000) 12 Months |
|
Income |
105.30 |
356.38 |
607.13 |
- |
- |
Depreciation & amortization |
238.00 |
210.49 |
156.67 |
- |
- |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Impairment of assets
|
- |
- |
- |
- |
- |
Asset Impairment Charges |
- |
- |
- |
- |
- |
Accounting changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-59.38 |
82.27 |
-82.32 |
- |
- |
Other noncash expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Property Plant Equipment |
- |
-28.08 |
-43.86 |
- |
- |
Share-based Compensation |
15.84 |
14.07 |
- |
- |
- |
Stockbased compensation |
0.91 |
10.59 |
14.13 |
- |
- |
Gains (Losses) on Extinguishment of Debt |
- |
- |
- |
- |
- |
Non Cash Portion Of Special Charge |
- |
- |
- |
- |
- |
Increase Decrease In Deferred Compensation Plan Investments |
- |
- |
- |
- |
- |
Amortization of Acquired Inventory Step Up |
- |
- |
- |
- |
- |
Non Cash Impairment Charges |
- |
- |
- |
- |
- |
Non Cash Contribution To Charitable Foundation |
- |
- |
- |
- |
- |
Non Cash Operating Lease Costs |
- |
- |
- |
- |
- |
Cost Of Goods And Services Sold For Inventory Acquired |
- |
- |
- |
- |
- |
Income taxes |
-40.56 |
-29.92 |
-12.54 |
- |
- |
Losses/ -gains on investments net |
4.02 |
-8.51 |
-9.71 |
- |
- |
Increase (Decrease) in Accounts Receivable |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
-45.29 |
-138.61 |
233.41 |
- |
- |
Accrued liabilities |
- |
- |
- |
- |
- |
Post-retirement benefits expense |
9.60 |
10.59 |
14.13 |
- |
- |
Increase (Decrease) in Prepaid Expense and Other Assets |
39.03 |
62.55 |
128.17 |
- |
- |
Other Working Capital |
- |
- |
- |
- |
- |
Other Noncash Income (Expense) |
4.52 |
35.71 |
20.20 |
- |
- |
Other net |
-10.77 |
237.34 |
-213.70 |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
-35.09 |
-60.75 |
-123.17 |
- |
- |
Net Cash flow from
Operating Activities |
226.13 |
843.61 |
704.51 |
- |
- |
Capital Expenditures |
-57.41 |
-297.24 |
-274.84 |
- |
- |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term Investments Proceeds |
3,555.24 |
2,034.49 |
776.10 |
- |
- |
Payments to Acquire Available-for-sale Securities |
-3,405.22 |
-2,963.92 |
-868.39 |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Payments For Asset Acquisition |
- |
- |
- |
- |
- |
Increase Decrease In Other Assets Investing |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
60.94 |
64.64 |
- |
- |
Purchases of Investments |
2.85 |
-11.43 |
15.19 |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Acquisition Net of Cash Acquired |
-5.25 |
-38.47 |
-169.27 |
- |
- |
Investment in affiliate |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Notes receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
- |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
-4.75 |
348.00 |
- |
- |
Net Cash flow from
Investing Activities |
90.21 |
-1,220.38 |
-456.22 |
- |
- |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
-0.44 |
-5.47 |
-76.42 |
- |
- |
Long-term debt - borrowings |
- |
- |
1,172.14 |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-97.75 |
-21.83 |
- |
- |
- |
Exercise of stock options |
37.31 |
39.95 |
42.86 |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
-7.83 |
-10.75 |
-8.29 |
- |
- |
Other net |
- |
- |
- |
- |
- |
Business Acquisition Contingent Consideration Cash Payment Financing |
- |
- |
- |
- |
- |
Proceeds From Derivative Instruments |
- |
- |
- |
- |
- |
Term Loan Repayments |
- |
- |
- |
- |
- |
Payments of Derivative Instruments |
- |
- |
- |
- |
- |
Prepayments For Repurchase Of Stock |
- |
- |
- |
- |
- |
Payments Of Commercial Paper |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
-68.71 |
1.90 |
1,130.29 |
- |
- |
Effect of exchange rate on cash flow |
1.18 |
3.40 |
1.95 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
168.71 |
546.38 |
429.67 |
- |
- |
Total Cash Flow |
248.80 |
-371.47 |
1,380.53 |
- |
- |
Cash & cash equiv. at beg.
of the Year |
1,364.95 |
1,736.42 |
355.89 |
- |
- |
Cash & cash equivalents at
end of period |
1,613.75 |
1,364.95 |
1,736.42 |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |