Cash flow Statement (Annual, GAAP
in millions $) |
(FY 2003) 12 Months |
(FY 2002) 12 Months |
(FY 2001) 12 Months |
(FY 2000) 12 Months |
|
Income |
386.00 |
281.00 |
169.00 |
363.00 |
- |
Depreciation & amortization |
373.00 |
353.00 |
355.00 |
364.00 |
- |
Amortization of Other Assets |
21.00 |
23.00 |
94.00 |
98.00 |
- |
Other non-cash items
|
-4.00 |
22.00 |
2.00 |
-6.00 |
- |
Accountig change |
- |
- |
- |
- |
- |
Pension liabilities |
34.00 |
-4.00 |
-84.00 |
-67.00 |
- |
Increase (Decrease) in Inventories |
79.00 |
13.00 |
149.00 |
-13.00 |
- |
Special Charges |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Business |
- |
-18.00 |
-61.00 |
-22.00 |
- |
Employee Benefits and Share-based Compensation |
- |
- |
- |
- |
- |
Earnings of affiliates |
- |
- |
- |
- |
- |
Tax benefit on non-qualified options |
- |
- |
- |
- |
- |
Deconsolidation Gain Loss Amount Net Of Tax |
- |
- |
- |
- |
- |
Income taxes |
-19.00 |
50.00 |
133.00 |
-42.00 |
- |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Receivable |
-51.00 |
59.00 |
98.00 |
-39.00 |
- |
Increase (Decrease) in Accounts Payable |
-41.00 |
41.00 |
64.00 |
-16.00 |
- |
Increase (Decrease) in Accrued Salaries |
- |
- |
- |
- |
- |
Other current liabilities |
- |
-14.00 |
-129.00 |
-44.00 |
- |
Increase (Decrease) in Deferred Income Taxes |
- |
- |
- |
- |
- |
Other Working Capital |
20.00 |
47.00 |
-53.00 |
-81.00 |
- |
Other assets & liabilities |
42.00 |
-1.00 |
30.00 |
35.00 |
- |
Other net |
34.00 |
48.00 |
-2.00 |
-11.00 |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
874.00 |
900.00 |
765.00 |
519.00 |
- |
Capital Expenditures |
-273.00 |
-228.00 |
-295.00 |
-386.00 |
- |
Sale of Capital Items |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Short-term Investments, Total |
- |
- |
- |
- |
- |
Short-term investments acq. |
-436.00 |
- |
- |
- |
- |
Payments for (Proceeds from) Derivative Instrument, Investing Activities |
- |
- |
- |
- |
- |
Proceeds From Payments For Divestiture Of Interest In Consolidated Subsidiaries |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Payments to Acquire Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
-135.00 |
-154.00 |
40.00 |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-252.00 |
-153.00 |
-35.00 |
-115.00 |
- |
Proceeds from Divestiture of Interest in Consolidated Subsidiaries |
- |
- |
- |
349.00 |
- |
Proceeds from Divestiture of Businesses, Net of Cash Divested |
7.00 |
96.00 |
403.00 |
122.00 |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Notes receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
-15.00 |
5.00 |
22.00 |
-34.00 |
- |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-969.00 |
-415.00 |
-59.00 |
-24.00 |
- |
Short-term debt Net |
-39.00 |
-228.00 |
-643.00 |
150.00 |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
11.00 |
419.00 |
1,481.00 |
1,555.00 |
- |
Long-term debt - repayments |
-166.00 |
-635.00 |
-1,419.00 |
-1,560.00 |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
296.00 |
- |
-12.00 |
-417.00 |
- |
Exercise of stock options |
113.00 |
45.00 |
37.00 |
11.00 |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Cash Cash Equivalents Restricted Cash and Restricted Cash Equivalents Period Increase Decrease Disposal Group Including Discontinued Operations |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-134.00 |
-123.00 |
-120.00 |
-127.00 |
- |
Net Cash flow from
Financing Activities |
81.00 |
-522.00 |
-676.00 |
-388.00 |
- |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
-104.00 |
- |
Free
Cash Flow |
601.00 |
672.00 |
470.00 |
133.00 |
- |
Total Cash Flow |
-14.00 |
-37.00 |
30.00 |
3.00 |
- |
Cash & cash equiv. at beg.
of the Year |
75.00 |
112.00 |
82.00 |
79.00 |
- |
Cash & cash equivalents at
end of period |
61.00 |
75.00 |
112.00 |
82.00 |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |