Cash flow Statement (Annual, GAAP
in millions $) |
(FY 2011) 12 Months |
(FY 2010) 12 Months |
(FY 2009) 12 Months |
(FY 2008) 12 Months |
(FY 2007) 12 Months |
Income |
968.00 |
966.00 |
911.00 |
949.00 |
756.10 |
Depreciation & amortization |
173.00 |
164.00 |
158.00 |
152.00 |
149.60 |
Amortization of Other Assets |
83.00 |
79.00 |
71.00 |
65.00 |
68.20 |
Other non-cash charges
|
- |
- |
- |
- |
- |
Goodwill, Impairment Loss |
43.00 |
- |
- |
- |
- |
Accounting changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-14.00 |
2.00 |
13.00 |
-25.00 |
4.50 |
Minority interests |
14.00 |
-6.00 |
-4.00 |
12.00 |
10.50 |
Gain (Loss) on Disposition of Assets |
- |
- |
- |
- |
- |
Employee Benefits and Share-based Compensation |
- |
- |
- |
- |
- |
Income from affiliates |
- |
- |
- |
- |
9.00 |
Tax benefit on stock options |
- |
- |
- |
- |
- |
Contributions To Employee Savings Plans In Companys Common Stock |
125.00 |
- |
- |
- |
- |
Non Cash Portion Of Debt Retirement Charge |
- |
- |
- |
- |
- |
Contracts In Process Operating Activities |
-165.00 |
- |
- |
- |
- |
Change In Inventories |
- |
- |
- |
- |
- |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest |
788.00 |
- |
- |
- |
- |
Employee Stock Ownership Plan E S O P Cash Contributions To E S O P |
- |
- |
- |
- |
- |
Income taxes |
105.00 |
190.00 |
102.00 |
159.00 |
229.10 |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Accounts Receivable |
-89.00 |
-126.00 |
-65.00 |
-162.00 |
-239.30 |
Adjustments For Decrease IncreaseIn Trade Account Receivable |
- |
- |
- |
- |
- |
Increase (Decrease) in Accrued Liabilities |
-40.00 |
22.00 |
-59.00 |
66.00 |
51.20 |
Increase (Decrease) in Billing in Excess of Cost of Earnings |
58.00 |
-78.00 |
43.00 |
60.00 |
124.60 |
Increase (Decrease) in Prepaid Expense and Other Assets |
- |
- |
- |
- |
-21.90 |
Other Working Capital |
183.00 |
248.00 |
237.00 |
111.00 |
128.60 |
Other Noncash Income (Expense) |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
1,484.00 |
1,461.00 |
1,407.00 |
1,387.00 |
1,270.20 |
Capital Expenditures |
-192.00 |
-181.00 |
-186.00 |
-218.00 |
-157.10 |
Sale of Capital Items |
6.00 |
10.00 |
4.00 |
15.00 |
8.00 |
Short-term investments liq. |
- |
- |
- |
- |
- |
Short-term investments acq. |
- |
- |
- |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Cash Transferred With Spin Off Transaction |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Purchases of Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Cash FlowsFrom Losing Control Of Subsidiaries OrOther Businesses Classified As Investing Activities |
-28.00 |
-756.00 |
-90.00 |
-283.00 |
-235.00 |
Investment in affiliate |
- |
-23.00 |
- |
- |
- |
Proceeds from Divestiture of Businesses and Interests in Affiliates |
1.00 |
- |
- |
63.00 |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Notes receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
2.00 |
5.00 |
- |
-9.00 |
-4.10 |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-211.00 |
-945.00 |
-272.00 |
-432.00 |
-388.20 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
-11.00 |
-7.00 |
-22.00 |
- |
- |
Long-term debt - borrowings |
-7.00 |
-3.00 |
246.00 |
- |
- |
Long-term debt - repayments |
- |
- |
-650.00 |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-912.00 |
-766.00 |
-435.00 |
-725.00 |
-434.50 |
Exercise of stock options |
24.00 |
60.00 |
24.00 |
40.00 |
89.30 |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
-18.00 |
-18.00 |
-3.00 |
-8.00 |
6.70 |
Other net |
- |
- |
- |
- |
- |
Change In Cash Balance In Assets Held For Sale |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-188.00 |
-184.00 |
-165.00 |
-147.00 |
-125.80 |
Net Cash flow from
Financing Activities |
-1,112.00 |
-918.00 |
-1,005.00 |
-840.00 |
-464.30 |
Effect of exchange rate on cash flow |
-4.00 |
-7.00 |
19.00 |
-28.00 |
13.90 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
1,298.00 |
1,290.00 |
1,225.00 |
1,184.00 |
1,121.10 |
Total Cash Flow |
157.00 |
-409.00 |
149.00 |
87.00 |
431.60 |
Cash & cash equiv. at beg.
of the Year |
607.00 |
1,016.00 |
867.00 |
780.00 |
348.20 |
Cash & cash equivalents at
end of period |
764.00 |
607.00 |
1,016.00 |
867.00 |
779.80 |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |