Cash flow Statement (Annual, GAAP
in millions $) |
(FY 2003) 12 Months |
(FY 2002) 12 Months |
(FY 2001) 12 Months |
|
|
Income |
-149.15 |
269.00 |
507.83 |
- |
- |
Depreciation & amortization |
381.66 |
387.53 |
386.97 |
- |
- |
Amortization of Other Assets |
2.74 |
- |
- |
- |
- |
Impairment of assets
|
- |
8.00 |
10.00 |
- |
- |
Restructuring Costs |
88.86 |
- |
267.40 |
- |
- |
Accounting changes |
- |
-0.16 |
88.23 |
- |
- |
Increase (Decrease) in Inventories |
331.16 |
147.02 |
321.16 |
- |
- |
Derivatives |
- |
- |
- |
- |
- |
Sale of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
- |
75.25 |
106.58 |
- |
- |
Stockbased compensation |
- |
- |
- |
- |
- |
Tax benefit on stock options |
124.24 |
27.61 |
74.22 |
- |
- |
Impairment Of Investments |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Property Plant Equipment And Asset Retirements |
- |
- |
- |
- |
- |
Deferred Income Taxes And Other |
- |
- |
- |
- |
- |
Goodwill And Intangible Asset Impairment |
- |
- |
- |
- |
- |
Restructuring Settlement and Impairment Provisions Excluding Impairments of Goodwill and Intangible Assets |
- |
- |
- |
- |
- |
Increase Decrease In Contract With Customer Liability |
- |
- |
- |
- |
- |
Income taxes |
-96.94 |
51.48 |
-332.62 |
- |
- |
Unrealized Gain (Loss) on Derivatives and Commodity Contracts |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Receivable |
144.37 |
-278.39 |
845.50 |
- |
- |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
-59.92 |
-138.55 |
-687.13 |
- |
- |
Accrued liabilities |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Income Taxes |
20.49 |
-2.38 |
22.01 |
- |
- |
Other Working Capital |
- |
- |
- |
- |
- |
Other assets & liabilities |
- |
- |
- |
- |
- |
Other net |
28.59 |
-53.29 |
10.39 |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
-14.33 |
-0.97 |
-40.23 |
- |
- |
Net Cash flow from
Operating Activities |
801.75 |
492.14 |
1,580.30 |
- |
- |
Capital Expenditures |
-265.28 |
-417.08 |
-710.62 |
- |
- |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term investments liq. |
1,941.11 |
2,188.12 |
2,054.00 |
- |
- |
Short-term investments acq. |
-2,446.93 |
-2,356.16 |
-2,905.68 |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-13.50 |
-107.46 |
-21.02 |
- |
- |
Investment in affiliate |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Proceeds from sale of assets |
53.32 |
- |
- |
- |
- |
Notes receivable |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-731.27 |
-692.58 |
-1,583.31 |
- |
- |
Short-term debt Net |
-41.95 |
41.76 |
-81.21 |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
21.71 |
- |
- |
- |
Long-term debt - repayments |
-22.46 |
-7.13 |
-10.40 |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
72.78 |
74.49 |
-169.02 |
- |
- |
Exercise of stock options |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Proceeds from Issuance of Common Stock and Other Issuances Net |
- |
- |
- |
- |
- |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
- |
- |
- |
- |
- |
Finance Lease Principal Payments |
- |
- |
- |
- |
- |
Finance Lease Principal Payments Net |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
8.38 |
130.84 |
-260.63 |
- |
- |
Effect of exchange rate on cash flow |
1.21 |
-1.91 |
-27.67 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
536.47 |
75.06 |
869.68 |
- |
- |
Total Cash Flow |
80.07 |
-71.51 |
-291.30 |
- |
- |
Cash & cash equiv. at beg.
of the Year |
1,284.79 |
1,356.30 |
1,647.60 |
- |
- |
Cash & cash equivalents at
end of period |
1,364.86 |
1,284.79 |
1,356.30 |
- |
- |
Cash Interests paid |
- |
40.22 |
41.48 |
- |
- |
Cash Income taxes paid |
- |
-65.47 |
583.16 |
- |
- |