Other (30.1) (21.1)
Working capital changes that provided (used)
cash, excluding effects of acquisitions and
divestitures:
Trade receivables (77.4) (36.6)
Inventories (27.3) (16.0)
Contracts in progress 47.0 52.5
Prepaid expenses 47.0 6.1
Payables and accrued liabilities (85.9) (224.9)
Other 42.9 6.5
CASH PROVIDED BY OPERATING ACTIVITIES (a) 368.0 150.4
INVESTING ACTIVITIES FROM CONTINUING OPERATIONS
Additions to plant and equipment (b) (271.2) (232.1)
Acquisitions, less cash acquired (1.4) --
Investment in and advances to unconsolidated
affiliates -- (1.5)
Proceeds from sale of assets and investments 9.0 12.5
Proceeds from insurance settlements -- 14.9
Change in restricted cash (135.7) --
Other (.8) (.4)
CASH USED FOR INVESTING ACTIVITIES (400.1) (206.6)
FINANCING ACTIVITIES FROM CONTINUING OPERATIONS
Long-term debt proceeds 160.5 53.8
Payments on long-term debt (41.6) (36.2)
Net increase in commercial paper and short-term
borrowings 120.1 226.2
Dividends paid to shareholders (81.9) (73.9)
Purchase of Treasury Stock (189.7)
'/>"/>
| SOURCE Air Products Copyright©2008 PR Newswire. All rights reserved |