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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities      
Net earnings (loss) $ 346,537 $ (19,560) $ 49,373
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation and amortization 161,863 163,146 159,363
(Gain) loss on disposal of property and equipment (2,216) (265) (4,054)
Accretion of interest on convertible debentures 10,769 4,984 4,610
Inventory write-offs for obsolescence 23,872 17,771 22,619
Impairment of goodwill and long-lived assets 0 0 1,559
U.S. pension settlement charges 0 0 79,321
Pensions and other postretirement benefits, net of contributions (1,549) (2,425) (3,282)
Non-cash loss on disposal of equity affiliate 0 6,112 0
Gain on early extinguishment of debt 26,583 0 (4,597)
Deferred income taxes excluding impact of TCJA (55,206) 52,377 (2,519)
Other 21,194 13,044 (1,678)
U.S. transition tax (net) (14,757) 180,000 0
Repatriation taxes (156,767) 0 0
Net change in operating assets and liabilities, net of effects of businesses acquired (101,817) (46,407) (4,206)
Net cash provided by operating activities 258,506 368,777 296,509
Investing activities      
Capital expenditures (229,899) (170,432) (134,635)
Proceeds from sale of property and equipment 55,561 1,685 5,701
Purchase and deposits for businesses, net of cash acquired (14,880) 0 0
Purchase of short-term investments (175,403) (749,600) (555,250)
Maturity of short-term investments 636,108 887,729 532,601
Other investing activities (2,058) (4,189) 2,942
Net cash used in investing activities 269,429 (34,807) (148,641)
Financing activities      
Proceeds from long-term borrowings 600,000 0 0
Debt issuance costs (15,621) 0 0
Repurchase of convertible debentures (960,995) 0 0
Principal payments on long-term debt and capital leases 0 0 (34,044)
Net (payments) proceeds on revolving credit lines (150,000) 7,000 (47,000)
Common stock repurchases 0 (39,944) (23,159)
Net changes in short-term borrowings 15 1 (723)
Distributions to noncontrolling interests (525) (1,140) (707)
Acquisition of noncontrolling interests 0 (4,100) 0
Proceeds from stock options exercised 0 1,260 356
Cash withholding taxes paid when shares withheld for vested equity awards (2,297) (1,971) (542)
Other financing activities 0 (1,255) 0
Net cash provided by (used in) financing activities (575,932) (77,198) (142,544)
Effect of exchange rate changes on cash and cash equivalents (14,003) 19,479 (9,050)
Net decrease in cash and cash equivalents (62,000) 276,251 (3,726)
Cash and cash equivalents at beginning of year 748,032 471,781 475,507
Cash and cash equivalents at end of year 686,032 748,032 471,781
Common Stock [Member]      
Financing activities      
Dividends and Interest Paid (42,608) (33,956) (33,693)
Class B Convertible Common Stock [Member]      
Financing activities      
Dividends and Interest Paid $ (3,901) $ (3,093) $ (3,032)