2. Consolidated Statement of Cash Flows
The changes in operating assets and liabilities as shown in the Consolidated Statement of Cash Flows are comprised of:
| |
Year Ended December 31, | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (in thousands) |
2013 |
2012 |
2011 |
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|
(Increase) decrease in: |
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|
Accounts and notes receivable, net |
$ | (98,744 | ) | $ | 23,680 | $ | (43,501 | ) | ||
|
Contract work in progress |
101,158 | 29,669 | (504,670 | ) | ||||||
|
Other current assets |
102,417 | (111,311 | ) | 199,412 | ||||||
|
Other assets |
(26,204 | ) | (65,418 | ) | (2,530 | ) | ||||
|
Increase (decrease) in: |
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|
Trade accounts payable |
(274,418 | ) | 195,147 | 320,708 | ||||||
|
Advance billings on contracts |
(29,043 | ) | (237,497 | ) | 48,470 | |||||
|
Accrued liabilities |
(83,613 | ) | 28,993 | 60,050 | ||||||
|
Other liabilities |
46,851 | (58,773 | ) | (16,346 | ) | |||||
|
Increase (decrease) in cash due to changes in operating assets and liabilities |
$ | (261,596 | ) | $ | (195,510 | ) | $ | 61,593 | ||
|
|
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|
Cash paid during the year for: |
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|
Interest |
$ | 22,585 | $ | 24,244 | $ | 28,255 | ||||
|
Income taxes |
268,889 | 294,214 | 176,915 | |||||||
|
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