CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 

(In millions)

(Unaudited)

First Three Quarters of

2015

2014

Cash flow from operating activities:

    Net Income

$                96.8

$158.0

    Adjustments to reconcile net income to net cash provided by

       operating activities:

         Depreciation expense

27.0

24.1

         Amortization expense

122.2

117.8

         Provision for doubtful accounts

1.7

2.9

         Deferred income taxes

(0.5)

(1.2)

         Stock-based compensation

37.3

32.1

         Income from equity method investments

(14.1)

(11.5)

         Gain on an equity sale

-

(15.1)

         Acquisition / divestiture (gain) loss

(5.8)

6.0

         Excess tax benefit for stock-based compensation

(1.4)

(14.1)

         Provision for excess and obsolete inventories

5.1

3.5

         Other non-cash items

9.0

(0.6)

    Add decrease (increase) in assets:

         Accounts receivables

12.3

(12.7)

         Other receivables

6.5

(4.7)

         Inventories

(6.4)

(27.2)

         Other current and non-current assets

(9.5)

(12.9)

    Add increase (decrease) in liabilities:

         Accounts payable

(6.9)

(6.8)

         Accrued compensation and benefits

(15.4)

(9.3)

         Deferred revenue

38.6

41.9

         Accrued warranty expense

(1.4)

2.7

         Other liabilities

(18.7)

37.6

 Net cash provided by operating activities 

276.4

310.5

 Cash flow from investing activities: 

      Acquisitions of businesses, net of cash acquired 

(101.7)

(170.9)

      Acquisitions of property and equipment 

(35.7)

(35.0)

      Purchases of equity investments 

(3.6)

(10.9)

      Acquisitions of intangible assets 

(0.1)

(7.0)

      Net proceeds from sale of business 

12.1

-

      Dividends received from equity method investments 

15.3

25.9

      Other 

0.3

(4.5)

 Net cash used in investing activities 

(113.4)

(202.4)

 Cash flow from financing activities: 

      Issuance of common stock, net of tax withholdings 

29.1

53.6

      Payments related to repurchases of common stock 

(234.4)

(65.0)

      Excess tax benefit for stock-based compensation 

1.4

14.1

      Proceeds from debt and revolving credit lines 

458.0

42.0

      Payments on debt and revolving credit lines 

(431.1)

(153.3)

 Net cash used in financing activities 

(177.0)

(108.6)

 Effect of exchange rate changes on cash and cash equivalents 

(10.4)

(7.2)

 Net decrease in cash and cash equivalents 

(24.4)

(7.7)

 Cash and cash equivalents - beginning of period 

148.0

147.2

 Cash and cash equivalents - end of period 

$               123.6

$139.5