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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net earnings $ 132,289,000 $ 166,902,000
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation, depletion, accretion and amortization 204,770,000 208,858,000
Net gain on sale of property, plant & equipment and businesses (7,423,000) (238,527,000)
Contributions to pension plans (11,337,000) (4,115,000)
Share-based compensation 14,020,000 18,425,000
Excess tax benefits from share-based compensation (16,950,000) (3,375,000)
Deferred tax provision (benefit) (7,640,000) 13,158,000
Cost of debt purchase 67,075,000 72,949,000
Changes in assets and liabilities before initial effects of business acquisitions and dispositions (79,000,000) (89,888,000)
Other, net (14,467,000) 5,339,000
Net cash provided by operating activities 281,337,000 149,726,000
Investing Activities    
Purchases of property, plant & equipment (214,815,000) (169,220,000)
Proceeds from sale of property, plant & equipment 4,464,000 21,320,000
Proceeds from sale of businesses, net of transaction costs 0 719,089,000
Payment for businesses acquired, net of acquired cash (20,801,000) (268,604,000)
Other, net (301,000) 0
Net cash provided by (used for) investing activities (231,453,000) 302,585,000
Financing Activities    
Proceeds from line of credit 291,000,000 70,000,000
Payment of current maturities, long-term debt and line of credit (751,056,000) (649,711,000)
Proceeds from issuance of long-term debt 400,000,000 0
Debt and line of credit issuance costs (7,382,000) 0
Proceeds from issuance of common stock 0 30,620,000
Dividends paid (39,878,000) (20,973,000)
Proceeds from exercise of stock options 67,888,000 12,513,000
Excess tax benefits from share-based compensation 16,950,000 3,375,000
Other, net 2,000 (5,000)
Net cash used for financing activities (22,476,000) (554,181,000)
Net increase (decrease) in cash and cash equivalents 27,408,000 (101,870,000)
Cash and cash equivalents at beginning of year 141,273,000 193,738,000
Cash and cash equivalents at end of period $ 168,681,000 $ 91,868,000