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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 05, 2019
Oct. 06, 2018
CASH FLOWS PROVIDED BY (DISBURSED FOR) OPERATING ACTIVITIES:    
Net income $ 162,319 $ 136,319
Adjustments to reconcile net income to net cash provided by operating activities:    
Restructuring and related impairment charges 5,663 174
Stock-based compensation 5,834 6,892
Impairment of assets   2,483
(Gain) loss reclassified from accumulated other comprehensive income to net income (3,942) 811
Depreciation and amortization 111,344 111,949
Deferred income taxes 8,570 21,139
Provision for inventory obsolescence 54 833
Allowances for accounts receivable 8,819 3,968
Pension and postretirement plans cost 2,487 6,372
Other 1,189 (4,643)
Qualified pension plan contributions (2,500) (40,700)
Changes in operating assets and liabilities, net of acquisitions and disposals:    
Accounts receivable, net (19,519) (20,297)
Inventories, net (7,824) (8,847)
Hedging activities, net (6,683) 7,939
Accounts payable 4,808 60,810
Other assets and accrued liabilities 7,481 (53,143)
NET CASH PROVIDED BY OPERATING ACTIVITIES 278,100 232,059
CASH FLOWS PROVIDED BY (DISBURSED FOR) INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (70,610) (74,992)
Proceeds from sale of property, plant and equipment 2,548 1,366
Repurchase of independent distributor territories (1,753) (2,306)
Cash paid at issuance of notes receivable (17,904) (19,007)
Principal payments from notes receivable 22,525 20,961
Other investing activities 88 566
NET CASH DISBURSED FOR INVESTING ACTIVITIES (65,106) (73,412)
CASH FLOWS PROVIDED BY (DISBURSED FOR) FINANCING ACTIVITIES:    
Dividends paid, including dividends on share-based payment awards (119,799) (112,247)
Exercise of stock options   791
Stock repurchases (7,054) (2,489)
Change in bank overdrafts 3,116 3,746
Proceeds from debt borrowings 485,400 1,000
Debt obligation payments (587,900) (4,750)
Payments for financing fees (110) (100)
Payments on financing leases (4,985)  
NET CASH DISBURSED FOR FINANCING ACTIVITIES (231,332) (114,049)
Net (decrease) increase in cash and cash equivalents (18,338) 44,598
Cash and cash equivalents at beginning of period 25,306 5,129
Cash and cash equivalents at end of period $ 6,968 $ 49,727