Cash flow Statement (Annual, GAAP
in millions $) |
(FY 2003) 12 Months |
(FY 2002) 12 Months |
(FY 2001) 12 Months |
(FY 2000) 12 Months |
(Dec 31 2011) 12 Months |
Income |
157.45 |
163.62 |
19.41 |
123.95 |
698.09 |
Depreciation & amortization |
79.68 |
77.99 |
117.18 |
311.69 |
199.37 |
Amortization of Other Assets |
- |
- |
- |
- |
2.57 |
Retirement plan contribution
|
-0.62 |
-110.47 |
-68.08 |
-7.15 |
- |
Impairment of Long-Lived Assets Held-for-use |
- |
- |
- |
- |
- |
Other Non-cash Charges |
10.39 |
- |
- |
- |
- |
Inventory |
- |
- |
- |
- |
- |
Impairments |
14.82 |
41.35 |
139.42 |
42.79 |
- |
Gain (Loss) on Disposition of Property Plant Equipment |
- |
- |
- |
- |
- |
Share-based Compensation |
-0.11 |
-13.19 |
-14.91 |
14.80 |
36.76 |
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions |
- |
-1.56 |
-7.05 |
-36.62 |
19.23 |
Fair Value Adjustment of Warrants |
- |
- |
- |
- |
- |
Deferred Compensation Trust |
- |
- |
- |
- |
- |
Deferred Compensation Trust Funding |
- |
- |
- |
- |
- |
Statute Expirations And Tax Settlements |
- |
- |
- |
- |
- |
Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash |
- |
- |
- |
- |
- |
Write Off Of Cumulative Translation Loss |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Assets |
- |
- |
- |
- |
- |
Income taxes |
48.28 |
45.36 |
-17.13 |
-2.65 |
-17.40 |
Loss on Sale of Investments |
- |
- |
- |
- |
- |
Accounts receivable |
-21.94 |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Increase (Decrease) in Pension and Postretirement Obligations |
- |
- |
- |
- |
- |
Deferred revenues |
- |
- |
- |
- |
- |
Insurance proceeds |
84.06 |
- |
- |
- |
- |
Other Working Capital |
-672.82 |
-3.32 |
440.36 |
-288.08 |
-12.52 |
Other Noncash Income (Expense) |
- |
- |
- |
- |
3.34 |
Other net |
0.29 |
7.08 |
5.53 |
27.35 |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
33.27 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
-300.54 |
206.86 |
614.73 |
186.08 |
889.77 |
Capital Expenditures |
-79.18 |
-78.97 |
-200.92 |
-495.57 |
-338.17 |
Sale of Capital Items |
26.07 |
63.04 |
51.93 |
92.97 |
53.75 |
Proceeds from Sale and Maturity of Marketable Securities |
- |
- |
- |
- |
724.41 |
Payments to Acquire Marketable Securities |
- |
- |
- |
- |
-857.79 |
Proceeds from other investments |
- |
31.69 |
27.96 |
28.38 |
- |
Proceeds From Sale Of Cost Method Investments And Other Assets |
- |
- |
- |
- |
- |
Proceeds From Consolidation Of Variable Interest Entity |
- |
- |
- |
- |
- |
Proceeds From Sale Of Equity Method Investments And Cost Method Investments |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Minority interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Purchases of Investments |
-13.90 |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-54.53 |
- |
- |
- |
-27.33 |
Payments to Acquire Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
-8.09 |
Proceeds from Divestiture of Businesses, Net of Cash Divested |
31.93 |
50.96 |
25.70 |
- |
11.02 |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Note receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
1.05 |
2.39 |
1.26 |
-5.53 |
5.77 |
Other Net |
- |
- |
- |
- |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-91.16 |
69.10 |
-94.07 |
-379.75 |
-436.42 |
Short-term debt Net |
121.47 |
-38.18 |
-188.64 |
150.12 |
- |
Other borrowing transactions |
- |
- |
- |
- |
-20.84 |
Long-term debt - borrowings |
- |
- |
- |
- |
495.60 |
Long-term debt - repayments |
- |
- |
- |
- |
-77.23 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-2.69 |
-19.20 |
-1.40 |
-23.00 |
-614.15 |
Exercise of stock options |
28.50 |
14.85 |
144.58 |
5.83 |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
22.79 |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
-5.22 |
-1.24 |
-0.48 |
-3.48 |
- |
Other net |
- |
- |
- |
- |
8.05 |
Repayment Of Corporate Owned Life Insurance Loans |
- |
- |
- |
- |
- |
Vested Restricted Stock Taxes Paid |
- |
- |
- |
- |
- |
Repayments Of Municipal Bonds |
- |
- |
- |
- |
- |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
- |
- |
- |
- |
- |
Payments For Purchases And Retirement Of Debt |
- |
- |
- |
- |
- |
Proceeds From De S P A C Transaction |
- |
- |
- |
- |
- |
Proceed From Sale Of Financed Ownership |
- |
- |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
127.00 |
- |
-103.66 |
Dividends paid |
-52.29 |
-51.49 |
-50.91 |
-75.98 |
-87.68 |
Net Cash flow from
Financing Activities |
89.77 |
-95.25 |
30.15 |
53.48 |
-395.83 |
Effect of exchange rate on cash flow |
45.06 |
- |
- |
- |
-31.11 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
-353.66 |
190.93 |
465.74 |
-216.52 |
605.35 |
Total Cash Flow |
-256.87 |
180.71 |
550.80 |
-140.19 |
26.41 |
Cash & cash equiv. at beg.
of the Year |
753.37 |
572.65 |
21.85 |
209.61 |
2,135.00 |
Cash & cash equivalents at
end of period |
496.50 |
753.37 |
572.65 |
69.43 |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |