Cash flow Statement (Annual, GAAP
in millions $) |
(Dec 31 2015) 12 Months |
(FY 2014) 12 Months |
(Dec 31 2013) 12 Months |
(FY 2012) 12 Months |
(FY 2011) 12 Months |
Income |
1,053.85 |
865.89 |
752.56 |
631.03 |
441.86 |
Depreciation & amortization |
170.00 |
169.09 |
158.76 |
152.22 |
151.21 |
Amortization of Other Assets |
28.24 |
29.86 |
29.03 |
26.99 |
29.69 |
Impairment of assets
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
4.68 |
- |
- |
Accounting changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-40.73 |
-101.11 |
25.03 |
19.93 |
-19.22 |
Other Increase (Decrease) in Environmental Liabilities |
31.07 |
- |
-2.75 |
- |
- |
Gain (Loss) on Disposition of Assets |
-0.80 |
- |
5.21 |
- |
- |
Employee Benefits and Share-based Compensation |
78.83 |
2.70 |
83.88 |
-4.58 |
-6.18 |
Stockbased compensation |
- |
64.74 |
58.00 |
54.35 |
48.18 |
Gains (Losses) on Extinguishment of Debt |
- |
- |
- |
- |
- |
Goodwill And Intangible Asset Impairment |
- |
- |
5.49 |
- |
- |
Decrease In Non Traded Investments |
65.14 |
57.26 |
62.54 |
- |
- |
Restructuring Charges And Restructuring Reserve Accrual Adjustment |
9.76 |
43.80 |
36.25 |
- |
- |
Increase Decrease In Department Of Labor Settlement Accrual |
- |
-80.00 |
- |
- |
- |
Amortization Of Inventory Step Up |
- |
43.80 |
- |
- |
- |
Operating Leases Noncash Expense |
- |
- |
- |
- |
- |
Impairment Of Intangible Assets Excluding Goodwill |
- |
- |
- |
- |
- |
Increase Decrease In Litigation Liability |
- |
- |
- |
- |
- |
Amortization Of Non Traded Investments |
- |
- |
- |
- |
- |
Income taxes |
-33.48 |
-5.85 |
22.58 |
-80.69 |
22.35 |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Accounts Receivable |
-37.64 |
-80.25 |
-28.23 |
-33.58 |
-93.70 |
Increase (Decrease) in Accounts Payable |
160.11 |
78.60 |
34.69 |
-51.12 |
64.05 |
Increase (Decrease) in Accrued Salaries |
-13.13 |
- |
24.44 |
- |
- |
Deferred pension assets |
- |
- |
- |
- |
- |
Postretirement liability |
- |
-0.72 |
5.23 |
3.67 |
6.79 |
Other Working Capital |
-0.96 |
52.25 |
-2.94 |
183.63 |
75.88 |
Other Noncash Income (Expense) |
6.71 |
- |
-27.21 |
- |
- |
Other net |
- |
6.34 |
28.51 |
-13.95 |
14.90 |
Payments for (Proceeds from) Other Operating Activities |
-29.52 |
- |
-63.76 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
1,447.46 |
1,081.53 |
1,083.77 |
887.89 |
735.81 |
Capital Expenditures |
-222.70 |
-200.55 |
-166.68 |
-157.11 |
-153.80 |
Sale of Capital Items |
- |
- |
3.05 |
- |
- |
Short-term investments liq. |
- |
- |
- |
- |
- |
Short-term investments acq. |
- |
- |
- |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
-111.02 |
-94.74 |
-95.78 |
-92.37 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Purchases of Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
- |
- |
-79.94 |
-99.24 |
-44.44 |
Investment in affiliate |
- |
- |
- |
- |
- |
Proceeds from Divestiture of Businesses |
- |
- |
- |
- |
- |
Proceeds from sale of assets |
- |
1.52 |
3.05 |
9.68 |
12.84 |
Note receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
-65.59 |
- |
-94.74 |
- |
- |
Other Net |
-0.34 |
- |
0.00 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-288.63 |
-310.05 |
-338.31 |
-342.46 |
-277.77 |
Short-term debt Net |
-630.23 |
591.42 |
31.63 |
-284.84 |
-43.35 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
797.51 |
1.47 |
0.47 |
999.70 |
40.78 |
Long-term debt - repayments |
- |
-500.66 |
-10.93 |
-14.00 |
-49.88 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-945.30 |
-1,488.66 |
-699.51 |
-557.77 |
-367.37 |
Exercise of stock options |
- |
168.73 |
117.29 |
325.98 |
82.49 |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
-24.11 |
-17.52 |
-21.56 |
15.63 |
Other net |
47.31 |
- |
30.01 |
- |
- |
Costs Associated With Repurchase Of Long Term Debt |
- |
- |
- |
- |
- |
Proceeds From Real Estate Financing |
- |
- |
- |
- |
- |
Proceeds From Failed Sale Leaseback Transactions |
- |
- |
- |
- |
- |
Proceeds From Real Estate Financing Transactions |
- |
- |
- |
- |
- |
Proceeds From Failed Sale Leaseback Transactions Net |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-249.65 |
-215.26 |
-204.98 |
-160.94 |
-153.51 |
Net Cash flow from
Financing Activities |
-980.35 |
-1,467.08 |
-853.31 |
286.58 |
-475.21 |
Effect of exchange rate on cash flow |
-13.47 |
-8.56 |
-9.85 |
-2.12 |
-8.72 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
1,224.76 |
880.98 |
920.13 |
730.77 |
582.01 |
Total Cash Flow |
165.01 |
-704.16 |
-117.70 |
829.89 |
-25.89 |
Cash & cash equiv. at beg.
of the Year |
40.73 |
744.89 |
862.59 |
32.70 |
58.59 |
Cash & cash equivalents at
end of period |
- |
40.73 |
744.89 |
862.59 |
32.70 |
Cash Interests paid |
48.64 |
67.31 |
61.05 |
41.55 |
42.90 |
Cash Income taxes paid |
- |
310.04 |
200.75 |
223.33 |
196.15 |