Cash flow Statement (Annual, GAAP
in millions $) |
(FY 2007) 12 Months |
(FY 2006) 12 Months |
(FY 2005) 12 Months |
(FY 2004) 12 Months |
(FY 2003) 12 Months |
Income |
1,869.86 |
1,717.75 |
1,494.87 |
1,338.69 |
1,023.68 |
Depreciation & amortization |
363.70 |
319.36 |
299.23 |
294.16 |
306.55 |
Amortization of Other Assets |
161.04 |
124.54 |
83.84 |
91.64 |
- |
Other non-cash items net
|
- |
- |
- |
- |
- |
Accountig change |
- |
- |
- |
- |
- |
Provision for Doubtful Accounts |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-4.54 |
-60.20 |
104.42 |
-177.05 |
108.18 |
Special Charges |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets |
0.74 |
1.15 |
4.29 |
4.71 |
6.88 |
Share-based Compensation |
- |
- |
- |
- |
- |
Sale of businesses |
-34.81 |
-16.80 |
8.55 |
-0.01 |
-5.11 |
Stock compensation plans |
30.78 |
34.78 |
64.14 |
- |
- |
Amortization And Impairment Of Goodwill And Other Intangible Assets |
- |
- |
- |
- |
- |
Amortization and Impairment of Intangible Assets |
- |
- |
- |
- |
- |
Income taxes |
-5.52 |
167.00 |
53.10 |
296.67 |
135.46 |
Gain (Loss) on Investments |
-47.88 |
-78.61 |
-126.28 |
-142.62 |
-126.85 |
Accounts Receivable |
-50.97 |
-36.85 |
-51.75 |
-128.48 |
8.88 |
Increase (Decrease) in Accounts Payable, Trade |
-37.82 |
10.94 |
-39.22 |
31.95 |
-10.10 |
Accrued expenses |
-2.30 |
1.31 |
35.49 |
35.06 |
47.07 |
Other noncash items |
-3.45 |
0.51 |
-1.88 |
9.74 |
35.73 |
Prepaid Expense and Other Assets |
-15.68 |
-63.93 |
-82.28 |
-123.53 |
-186.71 |
Other Working Capital |
260.43 |
-55.26 |
- |
- |
-22.24 |
Other assets & liabilities |
- |
- |
- |
- |
- |
Other net |
0.72 |
0.33 |
0.00 |
0.20 |
0.05 |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
0.91 |
47.27 |
Net Cash flow from
Operating Activities |
2,484.30 |
2,066.03 |
1,846.54 |
1,532.03 |
1,368.74 |
Capital Expenditures |
-353.36 |
-301.01 |
-293.10 |
-282.56 |
-258.31 |
Sale of Capital Items |
21.82 |
14.19 |
33.86 |
23.38 |
29.49 |
Short-term investments - liq. |
- |
- |
- |
- |
- |
Short-term investments - acq. |
- |
- |
- |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Paymentsto Acquire Property Plant and Equipment Including Discontinued Operations |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Minority interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
91.18 |
367.37 |
220.08 |
85.41 |
59.51 |
Proceeds from Sale, Maturity and Collection of Investments |
-28.73 |
-25.35 |
-120.24 |
-64.44 |
-133.24 |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-812.76 |
-1,378.71 |
-626.92 |
-587.78 |
-203.73 |
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital |
- |
- |
- |
- |
- |
Proceeds from Divestiture of Businesses and Interests in Affiliates |
160.46 |
40.30 |
1.48 |
6.50 |
21.42 |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Note receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
-2.66 |
8.79 |
0.45 |
8.17 |
0.99 |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-924.05 |
-1,274.42 |
-784.40 |
-811.33 |
-483.86 |
Short-term debt Net |
-266.97 |
194.90 |
44.41 |
134.02 |
-68.16 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
1,062.11 |
0.18 |
58.66 |
0.10 |
0.93 |
Long-term debt - repayments |
-17.75 |
-16.63 |
-9.94 |
-6.63 |
-28.54 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-1,641.10 |
-367.91 |
-1,017.24 |
-1,650.70 |
40.36 |
Exercise of stock options |
16.21 |
13.09 |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
-40.00 |
- |
-20.00 |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
12.88 |
- |
0.01 |
Other net |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-502.43 |
-398.85 |
-335.09 |
-304.58 |
-285.40 |
Net Cash flow from
Financing Activities |
-1,389.93 |
-575.23 |
-1,266.32 |
-1,827.79 |
-340.80 |
Effect of exchange rate on cash flow |
67.00 |
3.40 |
-92.79 |
90.00 |
82.71 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
2,152.76 |
1,779.21 |
1,587.29 |
1,272.85 |
1,139.92 |
Total Cash Flow |
237.32 |
219.79 |
-296.97 |
-1,017.09 |
626.80 |
Cash & cash equiv. at beg.
of the Year |
590.21 |
370.42 |
667.39 |
1,684.48 |
1,057.69 |
Cash & cash equivalents at
end of period |
827.52 |
590.21 |
370.42 |
667.39 |
1,684.48 |
Cash Interests paid |
132.76 |
75.03 |
99.12 |
73.39 |
73.25 |
Cash Income taxes paid |
- |
646.65 |
622.45 |
339.33 |
351.16 |