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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Operating activities    
Net earnings $ 243,878 $ 157,941
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 121,888 121,319
(Gain) loss on disposal of property and equipment (2,216) (106)
Accretion of interest on convertible debentures 6,966 3,703
Inventory write-offs for obsolescence 17,059 12,157
Deferred income taxes (12,348) 9,115
Non-cash loss on disposal of equity affiliate 0 7,060
Loss on early extinguishment of debt 17,309 0
Other 13,021 6,531
U.S. transition tax (net) (14,400) 0
Repatriation taxes (156,767) 0
Net change in operating assets and liabilities, net of effects of businesses acquired (125,499) (71,875)
Net cash provided by operating activities 108,891 245,845
Investing activities    
Capital expenditures (126,391) (84,790)
Proceeds from sale of property and equipment 8,455 1,484
Purchase of businesses, net of cash acquired (14,880) 0
Purchase of short-term investments (172,732) (598,937)
Maturity of short-term investments 577,524 610,573
Other investing activities (1,608) (6,663)
Net cash provided by (used in) investing activities 270,368 (78,333)
Financing activities    
Proceeds from long-term borrowings 600,000 0
Issuance costs (15,621) 0
Repurchase of convertible debentures (584,991) 0
Net proceeds (payments) on revolving credit lines (150,000) (5,000)
Common stock repurchase 0 (37,564)
Net changes in short-term borrowings 0 22
Proceeds from stock options exercised 0 1,260
Distributions to noncontrolling interests (525) (1,140)
Acquisition of noncontrolling interests 0 (4,100)
Cash withholding taxes paid when shares withheld for vested equity awards (2,297) (1,971)
Other financing activities 0 (1,255)
Net cash provided by (used in) financing activities (187,685) (77,076)
Effect of exchange rate changes on cash and cash equivalents (11,501) 13,168
Net increase (decrease) in cash and cash equivalents 180,073 103,604
Cash and cash equivalents at beginning of period 748,032 471,781
Cash and cash equivalents at end of period 928,105 575,385
Common Stock [Member]    
Financing activities    
Dividends and Interest Paid (31,378) (25,054)
Class B Convertible Common Stock [Member]    
Financing activities    
Dividends and Interest Paid $ (2,873) $ (2,274)