10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ESTEE LAUDER COMPANIES INC | |||
Ticker: EL Fiscal Year: 2011 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending June 30, 2011 10-K (Filed: Aug 22, 2011) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2011 | June 30, 2010 | June 30, 2009 | |
| Cash Flows from Operating Activities | |||
| Net earnings | $ 703,800 | 482,400 | 226,800 |
| Adjustments to reconcile net earnings to net cash flows from operating activities: | |||
| Depreciation and amortization | 294,400 | 263,700 | 254,000 |
| Deferred income taxes | (24,500) | (24,700) | (108,200) |
| Non-cash stock-based compensation | 94,800 | 57,000 | 51,500 |
| Excess tax benefits from stock-based compensation arrangements | (49,700) | (10,800) | (1,400) |
| Loss on disposal of property, plant and equipment | 7,700 | 23,000 | 11,400 |
| Goodwill, other intangible asset and long-lived asset impairments | 38,000 | 48,400 | 63,100 |
| Non-cash charges associated with restructuring activities | 9,400 | 21,400 | 12,200 |
| Non-cash charge on debt extinguishment | 2,400 | ||
| Pension and post-retirement benefit expense | 78,500 | 61,600 | 52,000 |
| Pension and post-retirement benefit contributions | (92,400) | (125,700) | (71,300) |
| Other non-cash items | 600 | 600 | 1,200 |
| Changes in operating assets and liabilities: | |||
| Decrease (increase) in accounts receivable, net | (124,700) | 79,200 | 103,800 |
| Decrease (increase) in inventory and promotional merchandise, net | (95,100) | (60,800) | 125,700 |
| Decrease (increase) in other assets, net | (52,500) | 29,300 | (72,200) |
| Increase (decrease) in accounts payable | (17,000) | 103,600 | (11,900) |
| Increase (decrease) in accrued income taxes | 103,100 | (78,800) | 24,500 |
| Increase in other liabilities | 152,600 | 84,900 | 34,800 |
| Net cash flows provided by operating activities | 1,027,000 | 956,700 | 696,000 |
| Cash Flows from Investing Activities | |||
| Capital expenditures | (351,000) | (270,600) | (279,800) |
| Acquisition of businesses and other intangible assets, net of cash acquired | (256,100) | (10,700) | (68,500) |
| Proceeds from the disposition of long-term investments | 200 | 9,200 | |
| Purchases of long-term investments | (100) | (400) | |
| Net cash flows used for investing activities | (606,900) | (281,400) | (339,500) |
| Cash Flows from Financing Activities | |||
| Borrowings (repayments) of current debt, net | 400 | (7,500) | (93,500) |
| Proceeds from issuance of long-term debt, net | 297,700 | ||
| Repayments and redemptions of long-term debt | (16,500) | (227,200) | (10,100) |
| Net settlement of interest rate derivatives | 47,400 | ||
| Net proceeds from stock-based compensation transactions | 156,100 | 205,000 | 109,600 |
| Excess tax benefits from stock-based compensation arrangements | 49,700 | 10,800 | 1,400 |
| Payments to acquire treasury stock | (396,600) | (266,700) | (62,600) |
| Dividends paid to stockholders | (148,000) | (109,100) | (108,400) |
| Payments to noncontrolling interest holders | (5,600) | (11,400) | (8,300) |
| Net cash flows provided by (used for) financing activities | (313,100) | (406,100) | 125,800 |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | 25,300 | (13,000) | (19,500) |
| Net Increase in Cash and Cash Equivalents | 132,300 | 256,200 | 462,800 |
| Cash and Cash Equivalents at Beginning of Period | 1,120,700 | 864,500 | |
| Cash and Cash Equivalents at End of Period | 1,253,000 | 1,120,700 | 864,500 |
| External Links | |
| ESTEE LAUDER COMPANIES INC (EL) Fiscal Year 2011 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |