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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net earnings $ 601,185 $ 419,491 $ 221,177
Adjustments to reconcile net earnings to net cash provided by operating activities      
Depreciation, depletion, accretion and amortization 305,965 284,940 274,823
Net gain on sale of property, plant & equipment and businesses (17,827) (15,431) (9,927)
Contributions to pension plans (20,023) (9,576) (14,047)
Share-based compensation expense 26,635 20,670 18,248
Excess tax benefits from share-based compensation 0 0 (18,376)
Deferred tax expense (benefit) (235,697) 33,591 3,069
Cost of debt purchase 140,772 0 67,075
(Increase) decrease in assets excluding the initial effects of business acquisitions and dispositions      
Accounts and notes receivable (81,561) (72,763) (42,164)
Inventories (14,121) 1,625 (20,925)
Prepaid expenses (28,445) 2,558 (5,288)
Other assets (23,759) (18,236) 34,863
Increase (decrease) in liabilities excluding the initial effects of business acquisitions and dispositions      
Accrued interest and income taxes 1,303 (7,187) 26,605
Trade payables and other accruals 9,823 30,353 26,491
Other noncurrent liabilities (32,592) (29,138) (42,702)
Other, net 13,020 3,691 616
Net cash provided by operating activities 644,678 644,588 519,538
Investing Activities      
Purchases of property, plant & equipment (459,566) (350,148) (289,262)
Proceeds from sale of property, plant & equipment 15,756 23,318 8,218
Proceeds from sale of businesses, net of transaction costs 287,292 0 0
Payment for businesses acquired, net of acquired cash (1,109,725) (32,537) (27,198)
Other, net (3,248) 2,173 (350)
Net cash used for investing activities (1,269,491) (357,194) (308,592)
Financing Activities      
Proceeds from short-term debt 5,000 3,000 441,000
Payment of short-term debt (5,000) (3,000) (206,000)
Payment of current maturities and long-term debt (1,463,308) (130) (695,060)
Proceeds from issuance of long-term debt 2,200,000 0 400,000
Debt discounts and issuance costs (15,291) (1,860) (7,382)
Purchases of common stock (60,303) (161,463) (21,475)
Dividends paid (132,335) (106,333) (53,214)
Proceeds from exercise of stock options 0 0 72,971
Share-based compensation, shares withheld for taxes (25,323) (34,799) (16,225)
Excess tax benefits from share-based compensation 0 0 18,376
Net cash provided by (used for) financing activities 503,440 (304,585) (67,009)
Net increase (decrease) in cash and cash equivalents and restricted cash (121,373) (17,191) 143,937
Cash and cash equivalents and restricted cash at beginning of year 268,019 285,210 141,273
Cash and cash equivalents and restricted cash at end of year $ 146,646 $ 268,019 $ 285,210