XML 52 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 25, 2011
Sep. 26, 2010
Cash flows from operating activities:  
Net income$ 375,449$ 438,903
Adjustments to reconcile net income to operating cash flows:  
Gain on disposal of publishing businesses, net of tax (21,195)
Depreciation and amortization148,852162,618
Facility consolidation and asset impairment charges14,05023,045
Pension expense, net of pension contributions(32,413)(10,114)
Equity income in unconsolidated investees, net(13,994)(15,077)
Stock-based compensation - equity awards20,23921,528
Change in other assets and liabilities, net90,97783,975
Net cash flow from operating activities603,160683,683
Cash flows from investing activities:  
Purchase of property, plant and equipment(46,379)(36,873)
Payments for acquisitions, net of cash acquired(16,288)(15,164)
Payments for investments(16,047)(5,316)
Proceeds from investments31,21716,387
Proceeds from sale of assets36,905105,551
Net cash (used for) provided by investing activities(10,592)64,585
Cash flows from financing activities:  
Proceeds from (payments of) borrowings under revolving credit agreements, net174,000(647,000)
Payments of unsecured floating rate notes(433,432) 
Payments of unsecured floating rate term loan(180,000) 
Dividends paid(28,830)(28,561)
Cost of common shares repurchased(27,913) 
Proceeds from issuance of common stock upon exercise of stock options1,7071,004
Repurchase of noncontrolling membership interest(85,149) 
Net cash used for financing activities(579,617)(674,557)
Effect of currency exchange rate change25(74)
Net (decrease) increase in cash and cash equivalents12,97673,637
Balance of cash and cash equivalents at beginning of period183,01498,795
Balance of cash and cash equivalents at end of period$ 195,990$ 172,432