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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net earnings $ 419,491 $ 221,177 $ 204,923
Adjustments to reconcile net earnings to net cash provided by operating activities      
Depreciation, depletion, accretion and amortization 284,940 274,823 279,497
Net gain on sale of property, plant & equipment and businesses (15,431) (9,927) (244,222)
Contributions to pension plans (9,576) (14,047) (5,488)
Share-based compensation expense 20,670 18,248 23,884
Excess tax benefits from share-based compensation 0 (18,376) (3,464)
Deferred tax expense (benefit) 33,591 3,069 18,378
Cost of debt purchase 0 67,075 72,949
(Increase) decrease in assets excluding the initial effects of business acquisitions and dispositions      
Accounts and notes receivable (72,763) (42,164) (25,118)
Inventories 1,625 (20,925) (5,595)
Prepaid expenses 2,558 (5,288) (6,256)
Other assets (18,236) 34,863 (13,930)
Increase (decrease) in liabilities excluding the initial effects of business acquisitions and dispositions      
Accrued interest and income taxes (7,187) 26,605 (3,840)
Trade payables and other accruals 30,353 26,491 4,229
Other noncurrent liabilities (29,138) (42,702) (42,810)
Other, net 3,691 616 7,870
Net cash provided by operating activities 644,588 519,538 261,007
Investing Activities      
Purchases of property, plant & equipment (350,148) (289,262) (224,852)
Proceeds from sale of property, plant & equipment 23,318 8,218 26,028
Proceeds from sale of businesses, net of transaction costs 0 0 721,359
Payment for businesses acquired, net of acquired cash (32,537) (27,198) (284,237)
Increase in restricted cash (7,883) (1,150) 0
Other, net 2,173 (350) 33
Net cash provided by (used for) investing activities (365,077) (309,742) 238,331
Financing Activities      
Proceeds from line of credit 3,000 441,000 93,000
Payment of line of credit (3,000) (206,000) (93,000)
Payment of current maturities and long-term debt (130) (695,060) (579,829)
Proceeds from issuance of long-term debt 0 400,000 0
Debt and line of credit issuance costs (1,860) (7,382) 0
Purchases of common stock (161,463) (21,475) 0
Proceeds from issuance of common stock 0 0 30,620
Dividends paid (106,333) (53,214) (28,884)
Proceeds from exercise of stock options 0 72,971 23,502
Share-based compensation, shares withheld for taxes (34,797) (16,160) (671)
Excess tax benefits from share-based compensation 0 18,376 3,464
Other, net (2) (65) (5)
Net cash used for financing activities (304,585) (67,009) (551,803)
Net increase (decrease) in cash and cash equivalents (25,074) 142,787 (52,465)
Cash and cash equivalents at beginning of year 284,060 141,273 193,738
Cash and cash equivalents at end of year $ 258,986 $ 284,060 $ 141,273