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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows — Operating activities:      
Net earnings, including noncontrolling interests $ 4,328 $ 135,532 $ 264,016
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 101,438 99,897 99,501
Amortization of intangible and other assets 17,016 16,855 27,586
(Gain) loss on sale of businesses (141,317) 7,664 0
Stock-based compensation 22,820 30,213 34,816
Provision for U.S. Tax Cuts and Jobs Act of 2017 and Latin America accounts receivable reserve 115,320 73,452 0
Foreign currency, asset impairment and other non-cash adjustments 33,087 (8,127) 74,382
Change in assets and liabilities:      
Accounts receivable, net 60,216 36,927 53,060
Inventories, net 48,642 52,892 (21,260)
Prepaid expenses and other 42,159 (25,165) (13,882)
Other assets, net (9,224) (20,310) 6,646
Accounts payable 12,403 (71,008) (113,639)
Accrued liabilities and income taxes payable (3,383) (88,770) 51,073
Retirement obligations and other (43,431) 16,372 (21,456)
Net deferred taxes 50,992 (15,948) (84)
Net cash flows provided by operating activities 311,066 240,476 440,759
Cash flows — Investing activities:      
Capital expenditures (61,602) (89,699) (181,861)
Payments for acquisition, net of cash acquired 0 0 (353,654)
Proceeds from disposal of assets 5,435 3,294 10,220
Proceeds from (payments for) for disposition of businesses 232,767 (5,064) 0
Net cash flows provided (used) by investing activities 176,600 (91,469) (525,295)
Cash flows — Financing activities:      
Payments on long-term debt (60,000) (60,000) (45,000)
Proceeds from issuance of senior notes 0 0 526,332
Payments of deferred loan costs (1,503) 0 (5,108)
Proceeds under other financing arrangements 7,359 35,680 9,426
Payments under other financing arrangements (19,030) (12,636) (34,949)
Payments related to tax withholding for stock-based compensation (6,238) (10,405) (15,844)
Repurchases of common shares 0 0 (303,651)
Payments of dividends (99,233) (97,746) (93,650)
Other (6,708) 1,386 99
Net cash flows (used) provided by financing activities (185,353) (143,721) 37,655
Effect of exchange rate changes on cash 33,970 (4,568) (37,025)
Net change in cash and cash equivalents 336,283 718 (83,906)
Cash and cash equivalents at beginning of year 367,162 366,444 450,350
Cash and cash equivalents at end of year 703,445 367,162 366,444
Income taxes paid (net of refunds) 59,409 151,191 152,536
Interest paid $ 56,808 $ 57,393 $ 57,030