DuPont 2012 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2012 DuPont annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 136

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136




(Dollars in millions)
   

Net income $ 2,813 $ 3,510 $ 3,052
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation 1,376 1,283 1,204
Amortization of intangible assets 337 277 176
Other operating charges and credits – net 1,186 992 809
Contributions to pension plans (848)(341)(782)
(Increase) decrease in operating assets:
Accounts and notes receivable 114 (360)(481)
Inventories and other operating assets (857) (902) (512)
Increase (decrease) in operating liabilities:
Accounts payable and other operating liabilities 1,037 526 1,010
Accrued interest and income taxes (309)167 83
Cash provided by operating activities 4,849 5,152 4,559

Purchases of property, plant and equipment (1,793) (1,843) (1,508)
Investments in affiliates (97) (67) (100)
Payments for businesses – net of cash acquired (18)(6,459)(637)
Proceeds from sale of assets – net of cash sold 302 214 195
Net decrease (increase) in short-term financial instruments 315 2,149 (457)
Forward exchange contract settlements (40)(227)176
Other investing activities – net (15) (5) (108)
Cash used for investing activities (1,346) (6,238) (2,439)

Dividends paid to stockholders (1,594)(1,533) (1,501)
Net (decrease) increase in short-term (less than 90 days) borrowings (200)185 20
Long-term and other borrowings:
Receipts 323 2,539 2,061
Payments (916) (1,163) (2,859)
Repurchase of common stock (400) (672) (250)
Proceeds from exercise of stock options 550 952 708
Payments for noncontrolling interest (470) — —
Other financing activities – net 10 95 (8)
Cash (used for) provided by financing activities (2,697)403 (1,829)
Effect of exchange rate changes on cash (13) 6 (49)
Cash classified as held for sale (95) — —
 698 (677) 242
 3,586 4,263 4,021
 $4,284 $3,586 $ 4,263


Interest, net of amounts capitalized $ 501 $ 455 $ 623
Income taxes 1,054 527 416
See Notes to the Consolidated Financial Statements beginning on page F-9.
F-8