Spreadsheet: 19b411f6-6054-4e2b-98c2-e2e17b818223
Sheet: Cash Flow

45 Year Financial History
Cash Flow
For the Fiscal Year | Cash From Operations |  |  |  |  | Investing Activity |  |  | Financing Activity |  |  |  | Measures of Cash Flow
 | Net Earnings | Depre- ciation | [NAME] ization | Working Capital Change | Other 2 | Adds to PP&E | Acquired Firms, net of cash | Other | Debt Added (Repaid) | Stock Issued (Bought) | Dividends Paid | Other | Increase in Cash & Equiv. | Cash from Ops | Free Cash Flow | "Excess" Cash Flow
 | (In Millions)
1967 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.679
1968
1969
1970
1971 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.7
1972 |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.4
1973 |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9
1974 |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5
1975 |  |  |  |  |  |  |  |  |  |  |  |  |  | 10.1
1976 |  |  |  |  |  |  |  |  |  |  |  |  |  | 5.3
1977 |  |  |  |  |  |  |  |  |  |  |  |  |  | 6.7
1978 |  |  |  |  |  |  |  |  |  |  |  |  |  | 12.5
1979 |  |  |  |  |  |  |  |  |  |  |  |  |  | 9.2
1980 |  |  |  |  |  |  |  |  |  |  |  |  |  | 18.7
1981 |  |  |  |  |  |  |  |  |  |  |  |  |  | 15.7
1982 |  |  |  |  |  |  |  |  |  |  |  |  |  | 14.1
1983 |  | NOTE:  For years prior to 1988 the format of cash flow reporting was substantially different. |  |  |  |  |  |  |  |  |  |  |  | 10.1
1984 |  |  | We have attempted to restate prior year cash flows to be somewhat comparable |  |  |  |  |  |  |  |  |  |  | 25.6
1985 |  |  | with the current format by adding depreciation and amortization to reported net earnings. |  |  |  |  |  |  |  |  |  |  | 26.2
1986 |  |  |  |  |  |  |  |  |  |  |  |  |  | 40.11
1987 |  |  |  |  |  |  |  |  |  |  |  |  |  | 37.836
1988 | 37.7 | 21.65 | 2.247 |  |  | -36.3 | -40.76 |  |  |  | -11.35 | -1.56
1989 | 45.9 | 25.67 | 2.7 |  |  | -28.7 | -33.6 |  |  |  | -12.17 | -0.4
1990 | 29.4 | 30.2 | 4.2 |  |  | -42.7 | -43.6 |  |  |  | -14.3 | -0.8
1991 | 39.4 | 36.4 |  |  | 0.1 | -33.4 | -9.5 |  |  | 0.375 | -14.91 | -2.25
1992 | 62.5 | 38.2 |  |  |  | -33.2 | -5.8 |  |  |  | -21.1 | -0.4
1993 | 85.9 | 39.1 | 6.2 |  |  | -54.2 | -78 | 2.8 |  | 1.5 | -21.1 | -1.8
1994 | 115.4 | 48.8 | 8.1 |  | -4.6 | -88.5 | -78.8 | 0.7 |  | 1.1 | -25.4 | 0.7
1995 | 134.9 | 58 | 9.1 |  | -0.8 | -93.9 | -28.7 | -0.6 |  |  | -31.9 | -1.9
1996 | 140.5 | 75.8 | 16.4 |  |  | -96.2 | -89.7 | -3.1 |  |  | -30.3 | -1.7
1997 | 208.3 | 88.3 | 17.3 |  |  | -119.4 | -171.6 | 8.2 |  |  | -48 | -4.5
1998 | 248 | 106.1 | 21.8 |  |  | -147.6 | -117.1 | 6.7 |  |  | -59.9 | -5.5
1999 | 290.5 | 120.5 | 28.8 |  | -11 | -159.1 | -290.1 | 8.2 |  |  | -69.1 | -3.1
2000 | 264.1 | 139.2 | 34.1 |  |  | -169.7 | -252.3 | -15.2 |  |  | -78.6 | -4.6
2001 | 187.6 | 156.7 | 39.9 | 181.6 | -31.3 | -128 | -95.1 | 41.9 |  |  | -92.5 | 0
2002 | 233.1 | 154.4 | 10.2 | 32.4 | 25.8 | -124 | -45.6 | 23.3 |  | -80.5 | -96.3 | 0
2003 | 205.9 | 158.6 | 8.4 | -0.8 | 23.2 | -136.6 | -120.4 | 50.9 | 211.4 | -79 | -102.7 | 0
2004 | 285.4 | 166.7 | 10.5 | -114.5 | -5.6 | -157.1 | -46.4 | 33.1 | 59 | -73.75399999999999 | -109.9 | 0
2005 |  |  |  | 9.1 | 16.8 | -164.2 | -181 |  |  | -226.9 | -118.4 | 0
2006 |  | 156.6 | 18.8 |  |  | -166.3 | -83.2 |  |  |  | -121.1
2007 | -11.2 | 156.9 | 26.5 |  |  | -148.8 | -111.3 |  |  |  | -124.8
2008 | 104.4 | 115.9 | 24.5 | 50.4 | 141 | -118.3 | -10.3 | 391.9 | -275.8 | -290.6 | -165.1 | -8.7
2009 | 115 | 109.6 | 20.7 | 185.6 |  | -83 | -2.8 |  | -64.2 | -188 | -157.2 | 12.4
2010 | 182.8 | 103 | 19.8 | -17.5 | 74.4 | -67.7 | -4.9 | 7.5 | -45.8 | -106.3 | -154.9 | -6.4
2011 | 156.4 | 98.1 | 18.8 | -13.8 | 69.4 | -75 | -6.6 | 45 | 65.1 | -204.7 | -155.9
1  As originally reported (unless stated otherwise) |  |  |  |  |  |  | Free Cash Flow = Cash From Operations - Adds to PP&E
2  2007 includes $287.1m of goodwill and other asset impairment charges |  |  |  |  |  |  | "Excess" Cash Flow = Cash From Operations - Adds to PP&E - Cash Spent on Acquisitions - Dividends