Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep. 30, 2010) 9 Months |
(June 30. 2010) 6 Months |
(March 31, 2010) 3 Months |
(Dec. 31, 2009) 12 Months |
(Sep. 30, 2009) 9 Months |
Income |
290.00 |
197.00 |
100.00 |
346.70 |
254.10 |
Depreciation & amortization |
69.00 |
47.00 |
23.00 |
92.40 |
68.30 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Impairment of assets
|
7.00 |
- |
- |
- |
- |
Restructuring Costs |
6.00 |
5.00 |
3.00 |
9.10 |
- |
Accounting changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
1.00 |
4.00 |
11.00 |
71.20 |
38.60 |
Purchased in-process R & D |
- |
- |
- |
- |
- |
Sale of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
- |
- |
- |
- |
- |
Stockbased compensation expense |
15.00 |
10.00 |
4.00 |
17.00 |
13.00 |
Tax benefit on stock options |
- |
- |
- |
- |
- |
Income taxes |
2.00 |
2.00 |
32.00 |
-12.10 |
-12.70 |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Receivable |
-29.00 |
-29.00 |
-39.00 |
-8.70 |
-18.30 |
Increase (Decrease) in Accounts Payable |
4.00 |
8.00 |
10.00 |
-5.20 |
-10.40 |
Accrued expenses |
- |
- |
- |
- |
- |
Post-retirement benefits expense |
- |
- |
- |
-0.30 |
- |
Prepaid expenses |
- |
- |
- |
- |
- |
Other Working Capital |
-4.00 |
-3.00 |
- |
3.10 |
-0.30 |
Other assets & liabilities |
- |
- |
- |
- |
- |
Other net |
36.00 |
6.00 |
7.00 |
2.50 |
29.90 |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
397.00 |
247.00 |
151.00 |
515.70 |
362.20 |
Capital Expenditures |
-65.00 |
-37.00 |
-18.00 |
-119.90 |
-88.10 |
Sale of Capital Items |
- |
- |
- |
- |
2.90 |
Short-term investments liq. |
25.00 |
14.00 |
- |
8.10 |
- |
Short-term investments acq. |
-27.00 |
-12.00 |
-11.00 |
-25.10 |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
-1.00 |
- |
-19.20 |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-5.00 |
-5.00 |
-5.00 |
-6.00 |
-6.00 |
Investment in affiliate |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Note receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
-2.00 |
- |
-1.00 |
2.60 |
-13.10 |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-74.00 |
-41.00 |
-35.00 |
-159.50 |
-104.30 |
Short-term debt Net |
1.00 |
-34.00 |
-16.00 |
-134.70 |
-142.20 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
-100.00 |
- |
- |
-6.90 |
-6.90 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-76.00 |
-56.00 |
-35.00 |
-67.20 |
-45.80 |
Exercise of stock options |
29.00 |
19.00 |
9.00 |
29.20 |
15.20 |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
2.00 |
- |
- |
Other net |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-58.00 |
-39.00 |
-20.00 |
-70.70 |
-53.00 |
Net Cash flow from
Financing Activities |
-204.00 |
-110.00 |
-60.00 |
-250.30 |
-232.70 |
Effect of exchange rate on cash flow |
8.00 |
-16.00 |
-8.00 |
14.80 |
15.20 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
332.00 |
210.00 |
133.00 |
395.80 |
277.00 |
Total Cash Flow |
127.00 |
80.00 |
48.00 |
120.70 |
40.40 |
Cash & cash equiv. at beg.
of the Year |
373.00 |
373.00 |
373.00 |
251.80 |
251.80 |
Cash & cash equivalents at
end of period |
500.00 |
453.00 |
421.00 |
372.50 |
292.20 |
Cash Interests paid |
7.00 |
5.00 |
3.00 |
- |
- |
Cash Income taxes paid |
119.00 |
82.00 |
11.00 |
- |
- |