XML 18 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Continuing operating activities  
Net earnings$ 208,795$ 212,756
Adjustments to reconcile net earnings to net cash provided by continuing operating activities:  
Depreciation and amortization136,406143,789
Gain on disposal of property and equipment(1,073)176
Accretion of interest on convertible debentures1,4480
Inventory write-offs for obsolescence15,43417,022
Deferred grant income(351)(426)
Other12,94344,081
Net change in operating assets and liabilities, net of effects of businesses acquired or spun-off(85,827)(78,265)
Net cash provided by continuing operating activities287,775339,133
Continuing investing activities  
Capital expenditures(89,708)(80,079)
Proceeds from sale of property and equipment1,956725
Proceeds from loans receivable015,000
Purchase of short-term investments(497,258)0
Maturity of short-term investments158,7850
Other investing activities2,472(1,355)
Purchase of businesses, net of cash acquired or refunded(19,335)0
Net cash used in continuing investing activities(443,088)(65,709)
Continuing financing activities  
Proceeds from long-term borrowings150,0000
Issuance costs(4,429)(456)
Common stock repurchase(150,000)0
Principal payments on long-term debt and capital leases(670)(25,998)
Net payments on revolving credit lines(60,000)0
Net changes in short-term borrowings28511
Proceeds from stock options exercised9,6750
Excess tax benefit from stock options exercised5550
Distributions to noncontrolling interests(500)(757)
Distribution in connection with spin-off of VPG0(70,600)
Net cash used in continuing financing activities(55,341)(97,300)
Effect of exchange rate changes on cash and cash equivalents18,377(9,860)
Net (decrease) increase in cash and cash equivalents from continuing activities(192,277)166,264
Net cash used in discontinued operating activities0(82)
Net cash used in discontinued investing activities00
Net cash used in discontinued financing activities00
Net cash used in discontinued operations0(82)
Net (decrease) increase in cash and cash equivalents(192,277)166,182
Cash and cash equivalents at beginning of period897,338579,189
Cash and cash equivalents at end of period$ 705,061$ 745,371