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74 Jarden Corporation Annual Report 2012
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2012 (Dollars in millions, except per share data and unless otherwise indicated)
The condensed consolidating statements of cash flows in the condensed consolidating financial data for 2011 and 2010, were
revised to correct the classification of intercompany investing and financing activities. The effect of the revisions, which the Company
determined were not material to the related financial statements, on the previously reported amounts are as follows:
The revisions also had no impact on the consolidated balance sheets, consolidated statements of operations, consolidated
statements of comprehensive income, consolidated statements of cash flows or consolidated statements of changes in stockholders’
equity for any of those periods. The revisions are fully reflected in the condensed consolidating financial data for 2012 and will have
no impact on the consolidated financial statements as of and for the year ended December 31, 2012.
Year Ended December 31, 2010
(In millions) Parent
Guarantor
Subsidiaries
Non-Guarantor
Subsidiaries Eliminations Consolidated
Net cash provided by (used in) operating activities, net $ (196.8) $ 425.2 $ 71.0 $ (10.4) $ 289.0
Financing activities:
Net change in short-term debt — 50.0 6.2 — 56.2
(Payments on) proceeds from intercompany transactions 239.2 (306.8) 340.6 (273.0) —
Proceeds from issuance of long-term debt 786.1 — — — 786.1
Payments on long-term debt (260.9) — — — (260.9)
Issuance (repurchase) of common stock, net (42.8) — — — (42.8)
Other (58.4) — — — (58.4)
Net cash provided by (used in) financing activities 663.2 (256.8) 346.8 (273.0) 480.2
Investing activities:
Additions to property, plant and equipment (27.0) (91.9) (18.6) — (137.5)
Acquisition of business, net of cash acquired (398.5) (73.8) (283.2) — (755.5)
Intercompany investing activities, net (282.4) (1.0) — 283.4 —
Other (9.3) — 19.2 — 9.9
Net cash used in investing activities (717.2) (166.7) (282.6) 283.4 (883.1)
Effect of exchange rate changes on cash — — (18.1) — (18.1)
Net increase (decrease) in cash and cash equivalents (250.8) 1.7 117.1 — (132.0)
Cash and cash equivalents at beginning of year 537.9 13.8 275.7 — 827.4
Cash and cash equivalents at end of year $ 287.1 $ 15.5 $ 392.8 $ — $ 695.4
(In millions) Parent Guarantor Non-Guarantor Elimination Consolidated
Condensed Consolidating Statements of Cash Flows Increase/(Decrease)
Net cash provided by (used in) operating activities, net
2011 $ 7.1 $ 15.5 $ — $ (22.6) $ —
2010 — 10.4 — (10.4) —
Net cash provided by (used in) financing activities
2011 (7.1) (11.2) — 18.3 —
2010 — (9.4) 282.4 (273.0) —
Net cash used in investing activities
2011 — (4.3) — 4.3 —
2010 — (1.0) (282.4) 283.4 —