Part II  iteM 7 Management’s Discussion and analysis of Financial Condition and results of operations revenues in these areas. Accounts payables also increased as a result of  a higher focus on payables management. Accrued pension and other post retirement benefits were a use of cash  of $105.2 million which included a voluntary contribution to our U.S.  defined benefit plan of $80 million as well as a lump-sum payout of  approximately $15 million from our nonqualified pension plan. Income from continuing operations of $257.0 million reflected  restructuring and other charges of $132.8 million, of which $46.3 million  was for non-cash asset write-downs on exit of various facilities during the  year and $35.2 million of other facilities exit costs to be settled in cash,  mainly for severance costs. Cash spending on restructuring and other  charges during 2009 was $37.4 million. Also included in restructuring  and other income and charges was $20.2 million for environmental  remediation at our operating sites, which will be spent in years beyond  2009. Cash spending on environmental remediation at our operating  sites in 2009 was $7.4 million, against pre-existing reserves. Accrued pension and other post retirement benefits were a use of cash  of $46.8 million, which included a voluntary contribution to our US  defined benefit plan of $30 million. The change in 2010 compared to 2009 was due to higher spending  on legal proceedings associated with discontinued operations partially  offset by lower net environmental spending in 2010. The change in  2009 compared to 2008 was due to lower net environmental spending  for discontinued sites in 2009. Discontinued environmental spending  was $17.1 million in 2010 compared to $22.1 million in 2009 and  $32.2 million in 2008. The remaining discontinued cash outflows  primarily represents spending against reserves for legal proceedings  associated with discontinued operations. Receivables in 2009 were a use of cash of $59.3 million as lower  receivables in Industrial Chemicals due to the revenue decline was more  than offset by increased receivables in Agricultural Products in Brazil,  where sales have grown and terms are significantly longer. Inventories  were a source of cash of $35.4 million due to lower inventory costs in  Industrial Chemicals, particularly for phosphate rock. Accounts Payable  were a use of cash of $71.5 million as the higher cost phosphate rock  in payables at the end of 2008 was replaced with lower cost phosphate  rock at the end of 2009. Accrued pension and other post retirement benefits was a use of cash  of $93.4 million which included a voluntary contribution to our U.S.  defined benefit plan of $75 million. Income from continuing operations of $346.5 million reflected  restructuring and other charges of $49.6 million, of which $37.5 million  was for non-cash asset write-downs on exit of various facilities during the  year and $14.7 million of other facilities exit costs to be settled in cash,  mainly for severance costs. Cash spending on restructuring and other  charges during 2008 was $21.3 million. Also included in restructuring  and other income and charges was $16.2 million for environmental  remediation at our operating sites, which will be spent in years beyond  2008. Cash spending on environmental remediation at our operating  sites in 2008 was $13.6 million, against pre-existing reserves. Receivables in 2008 were a use of cash of $99.0 million due to the  higher revenue in all of our businesses, particularly in Agricultural  Products in Brazil where terms are significantly longer than in rest of our  businesses. Inventories were a use of cash of $83.7 million as inventories  were built to support the stronger trading levels experienced in 2008  prior to the global economic turndown. Additionally, inventories in  Industrial Chemicals increased due to the rising cost of phosphate rock  during 2008. Accounts Payable were a source of cash of $52.0 million  reflecting the higher inventory levels and phosphate rock in our accounts  payable at year end 2008. Our cash needs for 2011 include operating cash requirements, capital  expenditures, scheduled mandatory payments of long-term debt,  dividend payments, contributions to our pension plans, environmental  spending and restructuring. We plan to meet our liquidity needs through  available cash, cash generated from operations and borrowings under  our committed revolving credit facilities. We continually evaluate  our options for divesting real estate holdings and property, plant and  equipment that are no longer integral to any of our operating businesses. Projected 2011 capital expenditures are expected to be approximately  15 percent higher than 2010 levels, primarily to increase capacity in  BioPolymer, lithium and soda ash. The change in 2010 compared to 2009 was due primarily to the  repurchases of common stock and lower proceeds from borrowings  of long term debt, partially offset by lower repayments under our  committed credit facilities and the inclusion of excess tax benefits from  share-based compensation. The change in 2009 compared to 2008  was due primarily to the proceeds from our borrowings of long-term  debt, a reduction in repurchases of common stock, and a reduction  in repayments of long-term debt partially offset by higher repayments  under our committed credit facilities. The decrease in cash required in 2010 was driven primarily by a  reduction in acquisitions and capital expenditures. The increase in  cash required in 2009 was driven primarily by significant reduction  of proceeds from the sale of the properties and assets during 2009 as  compared to 2008 partially offset by reduced spending on acquisitions  in 2009. Additionally, capital expenditures in 2009 were approximately  $14 million less than the prior year period. Cash provided by operating activities for 2009  was $343.5 million Cash required by operating activities of discontinued  operations was $45.2 million, $42.0 million  and $49.8 million for 2010, 2009 and 2008, respectively Cash required by investing activities was $154.0 million,  $200.7 million and $191.7 million for 2010, 2009  and 2008, respectively Cash required by financing activities was $116.6 million,  $77.8 million and $137.5 million in 2010, 2009 and 2008,  respectively Cash provided by operating activities for 2008  was $357.4 million other potential liquidity needs 28 FMC Corporation    2010 Form 10K