Operating Activities of Continuing Operations | |
Net earnings | 347.73M |
Adjustments to reconcile net earnings to cash from operating activities: | |
(Gain) loss from discontinued operations | 0 |
Depreciation and amortization | |
Stock-based compensation | 17.79M |
Gain on sale of assets | |
Cash effect of changes in current assets and liabilities (excluding effects of acquisitions, dispositions and foreign exchange): | |
Accounts receivable | -31.79M |
Inventories | -21.22M |
Prepaid expenses and other assets | -15.93M |
Accounts payable | 38.58M |
Accrued expenses | 23.08M |
Accrued and deferred taxes, net | |
Other, net | -26.58M |
Net cash provided by operating activities of continuing operations | 572.95M |
Investing Activities of Continuing Operations | |
Proceeds from sale of short-term investments | |
Purchase of short-term investments | |
Proceeds from the sale of property, plant and equipment | 9.97M |
Additions to property, plant and equipment | -115.77M |
Proceeds from the sale of businesses | 47.3M |
Settlement of net investment hedge | |
Acquisitions (net of cash acquired) | -501.83M |
Net cash used in investing activities of continuing operations | -561.38M |
Financing Activities of Continuing Operations | |
Change in notes payable, net | |
Reduction of long-term debt | 0 |
Proceeds from long-term debt, net of discount and issuance costs | |
Purchase of common stock | 0 |
Proceeds from exercise of stock options and SARs, including tax benefits | |
Dividends to stockholders | -199.76M |
Net cash provided by (used in) financing activities of continuing operations | |
Cash Flows from Discontinued Operations | |
Net cash used in operating activities of discontinued operations | 0 |
Net cash used in investing activities of discontinued operations | 0 |
Net cash used in discontinued operations | 0 |
Effect of exchange rate changes on cash and cash equivalents | -8.31M |
Net increase in cash and cash equivalents | 152.57M |
Cash and cash equivalents at beginning of period | 362.19M |
Cash and cash equivalents at end of period | 514.76M |