Christopher M. Connor Sean P. Hennessy ... - Sherwin-Williams
Christopher M. Connor Sean P. Hennessy ... - Sherwin-Williams
Christopher M. Connor Sean P. Hennessy ... - Sherwin-Williams
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Net Operating Cash<br />
($ in Millions)<br />
900<br />
800<br />
700<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
874.8 876.2<br />
815.8<br />
716.7<br />
544.7<br />
593.9<br />
546.6<br />
460.0 460.0<br />
340.9<br />
2004 2005 2006 2007 2008<br />
Uses of Cash<br />
• Acquisitions<br />
• Capital Expenditures<br />
• Buy Back Stock<br />
• Manage Debt<br />
• Pay Dividends<br />
Net Operating Cash less Cap. Ex. & Dividends<br />
Net Operating Cash<br />
The <strong>Sherwin</strong>-<strong>Williams</strong> Company – 1 st Quarter 2009