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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 571,340,000 $ 264,749,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 142,340,000 144,309,000
Stock-based compensation expense 16,793,000 15,763,000
Loss on debt extinguishment 23,564,000 12,751,000
Other (24,516,000) (1,318,000)
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:    
Receivables, net (161,334,000) (5,111,000)
Inventories 7,284,000 445,493,000
Prepaid income taxes/income taxes payable (18,800,000) 84,125,000
Accounts payable 284,472,000 (172,140,000)
Other operating assets and liabilities 91,947,000 124,431,000
Net cash provided by operating activities 933,090,000 913,052,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (87,854,000) (77,301,000)
Proceeds from disposals of property, plant and equipment 11,820,000 6,110,000
Acquisitions, net of cash acquired (29,480,000) (5,465,000)
Other investing activities, net (3,502,000) 685,000
Net cash used in investing activities (109,016,000) (75,971,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Early-redemption premium (16,014,000) (9,498,000)
Borrowings under revolving credit facilities 3,613,568,000 494,485,000
Repayments under revolving credit facilities 2,792,867,000 601,480,000
Repayments under term loans 323,750,000 8,750,000
Borrowings under receivables securitization facility 0 111,300,000
Repayments under receivables securitization facility 0 (111,300,000)
Borrowings (repayments) of other debt, net 39,533,000 (66,073,000)
Settlement of derivative instruments, net (88,743,000) 0
Purchase of treasury stock (343,830,000) (88,006,000)
Other financing activities, net 13,329,000 10,832,000
Net cash used in financing activities (808,707,000) (890,154,000)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1,179,000 (5,358,000)
Net increase (decrease) in cash, cash equivalents and restricted cash 16,546,000 (58,431,000)
Cash And Cash Equivalents, Continuing Operations 312,154,000 528,387,000
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents 0 6,470,000
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations, Beginning Balance 312,154,000 534,857,000
Cash, and cash equivalents, end of period 328,700,000 476,426,000
Supplemental disclosure of cash paid for:    
Income taxes, net of refunds 226,400,000 24,452,000
Interest 45,184,000 55,910,000
Supplemental disclosure of noncash investing and financing activities:    
Leased assets obtained in exchange for finance lease liabilities 4,279,000 8,225,000
Leased assets obtained in exchange for operating lease liabilities 137,129,000 90,961,000
Noncash property, plant and equipment and software intangible additions in accounts payable and other accrued expenses 8,878,000 7,200,000
Notes payable and other financing obligations, including notes issued and debt assumed in connection with business acquisitions and disposals 2,556,000 6,136,000
Notes receivable and contingent consideration receivable acquired in connection with disposal of business 0 8,549,000
Contingent consideration liabilities 0 3,045,000
Euro Notes 2026    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of U.S. Notes (2023) (883,275,000) 0
US Notes (2023) [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of U.S. Notes (2023) $ 0 $ (600,000,000)