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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net earnings $ 246,594 $ 229,469
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 24,527 24,978
Amortization 26,166 22,929
Deferred tax benefit (11,078) (3,245)
Excess tax benefits from share-based payment arrangements (17,166) (1,418)
Share-based compensation 10,861 10,348
Other Comprehensive Income (Loss), Finalization of Pension and Other Postretirement Benefit Plan Valuation, before Tax 8,189 0
Other 6 165
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 4,721 26,123
Inventories (19,857) (27,014)
Other current assets (3,558) 402
Trade accounts payable (11,984) (5,355)
Taxes payable 6,577 17,449
Accruals and other 26,149 (5,005)
Net cash provided by operating activities 290,147 289,826
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 361 281
Purchase of property, plant and equipment (51,234) (56,756)
Acquisitions (109,681) (10,969)
Payments for (Proceeds from) Derivative Instrument, Investing Activities 2,031 (5,563)
Net cash used in investing activities (158,523) (73,007)
Cash flows from financing activities:    
Proceeds from borrowings 709,988 550,002
Repayments of borrowings (455,913) (374,891)
Proceeds from stock option exercises 20,187 21,834
Repurchases of common stock (374,994) (371,223)
Excess tax benefits from share - based payment arrangements 17,166 1,418
Proceeds from (Payments for) Other Financing Activities (680) (1,004)
Net cash used in financing activities (84,246) (173,864)
Effect of exchange rate changes on cash and cash equivalents (132) (4,919)
Net (decrease) increase in cash and cash equivalents 47,246 38,036
Cash and cash equivalents:    
Beginning of period 98,887 85,263
End of period $ 146,133 $ 123,299