Cash flow Statement (Annual, GAAP
in millions $) |
(FY 2004) 12 Months |
(FY 2003) 12 Months |
(FY 2002) 12 Months |
(FY 2001) 12 Months |
|
Income |
705.00 |
99.00 |
570.00 |
396.00 |
- |
Depreciation & amortization |
385.00 |
310.00 |
242.00 |
164.00 |
- |
Amortization of Other Assets |
- |
- |
3.00 |
1.00 |
- |
Impairments on assets
|
22.00 |
- |
- |
- |
- |
Restructuring Costs |
- |
82.00 |
- |
- |
- |
Accounting changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-507.00 |
-225.00 |
-324.00 |
-185.00 |
- |
Other non-cash items |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Business |
- |
- |
- |
- |
- |
Share-based Compensation |
- |
- |
- |
- |
- |
Equity interest in loss of affiliate |
- |
- |
- |
- |
- |
Stock compensation plans |
- |
- |
- |
- |
- |
Deferred Income Tax Expense Benefit_ Total Ops |
- |
- |
- |
- |
- |
Income taxes |
183.00 |
74.00 |
268.00 |
179.00 |
- |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Receivables |
-27.00 |
-89.00 |
1.00 |
-9.00 |
- |
Increase (Decrease) in Accounts Payable |
318.00 |
-20.00 |
575.00 |
159.00 |
- |
Increase (Decrease) in Other Accrued Liabilities |
- |
- |
- |
- |
- |
Defined benefit plan |
- |
- |
- |
- |
- |
Prepaid expenses |
- |
- |
- |
- |
- |
Other Working Capital |
- |
- |
- |
- |
- |
Other Noncash Income (Expense) |
228.00 |
50.00 |
172.00 |
133.00 |
- |
Other net |
12.00 |
24.00 |
36.00 |
18.00 |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
95.00 |
441.00 |
- |
5.00 |
- |
Net Cash flow from
Operating Activities |
1,414.00 |
746.00 |
1,543.00 |
861.00 |
- |
Capital Expenditures |
-541.00 |
-725.00 |
-581.00 |
-657.00 |
- |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term investments - liq. |
- |
- |
- |
- |
- |
Short-term investments - acq. |
- |
- |
- |
- |
- |
Proceeds from Hedge, Investing Activities |
- |
- |
- |
- |
- |
Increase (Decrease) in Restricted Cash |
- |
- |
- |
- |
- |
Minority interest |
- |
- |
- |
- |
- |
Proceeds from sale of investments |
- |
69.00 |
25.00 |
-31.00 |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
-15.00 |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-3.00 |
-3.00 |
-368.00 |
-326.00 |
- |
Investment in affiliate |
- |
- |
- |
- |
- |
Proceeds from Divestiture of Businesses, Net of Cash Divested |
- |
- |
- |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Notes receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
1.00 |
- |
- |
- |
- |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-543.00 |
-659.00 |
-924.00 |
-1,029.00 |
- |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
18.00 |
726.00 |
- |
- |
Long-term debt - repayments |
-17.00 |
-13.00 |
-5.00 |
-17.00 |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
14.00 |
40.00 |
48.00 |
235.00 |
- |
Exercise of stock options |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Fiscal Year Change Adjustment To Cash Flows |
- |
- |
- |
- |
- |
Cash And Cash Equivalents Period Increase Decrease After Adjustment |
- |
- |
- |
- |
- |
Payment To Noncontrolling Interest |
- |
- |
- |
- |
- |
Cash and Cash Equivalentsincluding Held for Sale |
- |
- |
- |
- |
- |
Cash and Cash Equivalents Heldforsale |
- |
- |
- |
- |
- |
Cash and Cash Equivalents Heldforsale at Beginning of Period |
- |
- |
- |
- |
- |
Cash and Cash Equivalents at End of Period |
- |
- |
- |
- |
- |
Cash and Cash Equivalents Heldforsale at End of Period |
- |
- |
- |
- |
- |
Cash and Cash Equivalents at End of Periodexcludingheldforsale |
- |
- |
- |
- |
- |
Cash Cash Equivalents and Restricted Cash at Beginning of Periodexcludingheldforsale |
- |
- |
- |
- |
- |
Cash Cash Equivalents and Restricted Cash at Beginning of Periodheldforsale |
- |
- |
- |
- |
- |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-130.00 |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
-133.00 |
45.00 |
769.00 |
218.00 |
- |
Effect of exchange rate on cash flow |
1.00 |
- |
- |
- |
- |
Discontinued operations |
-53.00 |
-79.00 |
-270.00 |
-58.00 |
- |
Free
Cash Flow |
873.00 |
21.00 |
962.00 |
204.00 |
- |
Total Cash Flow |
686.00 |
53.00 |
1,118.00 |
-8.00 |
- |
Cash & cash equiv. at beg.
of the Year |
1,914.00 |
1,861.00 |
743.00 |
751.00 |
- |
Cash & cash equivalents at
end of period |
2,600.00 |
1,914.00 |
1,861.00 |
743.00 |
- |
Cash Interests paid |
22.00 |
24.00 |
25.00 |
7.00 |
- |
Cash Income taxes paid |
306.00 |
283.00 |
139.00 |
62.00 |
- |