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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities      
Net income $ 810,474 $ 616,757 $ 687,240
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 241,635 167,691 147,487
Excess tax benefits from share-based compensation (4,232) (3,134) (12,021)
Loss (gain) on sale of property, plant, and equipment 1,579 (3,989) (15,237)
Deferred income taxes 3,891 65,990 33,226
Share-based compensation 20,716 16,892 19,719
Foreign exchange gain 0 (14,051) 0
Changes in operating assets and liabilities:      
Trade accounts receivable, net (72,041) (19,273) (53,544)
Merchandise inventories, net (73,173) (9,923) (64,214)
Trade accounts payable 364,639 61,474 240,717
Other short-term assets and liabilities (97,864) (1,544) 37,271
Other long-term assets and liabilities (50,460) (61,847) (74,566)
Changes in operating assets and liabilities 334,690 198,286 258,838
Net cash provided by operating activities 1,145,164 815,043 946,078
Investing activities      
Purchases of property, plant and equipment (232,422) (156,760) (160,643)
Proceeds from sale of property, plant, and equipment 14,665 21,275 28,811
Acquisition of businesses and other investing activities (278,367) (1,494,795) (462,167)
Net cash used in investing activities (496,124) (1,630,280) (593,999)
Financing activities      
Proceeds from debt 5,064,291 6,630,294 4,350,000
Payments on debt (5,124,265) (4,350,222) (4,100,000)
Payments on acquired debt 0 (833,775) 0
Share-based awards exercised (10,227) (5,239) (16,147)
Excess tax benefits from share-based compensation 0 0 12,021
Dividends paid (415,983) (395,475) (386,863)
Purchase of stock (91,983) (173,524) (181,417)
Other financing activities (30,663) 0 0
Net cash (used in) provided by financing activities (608,830) 872,059 (322,406)
Effect of exchange rate changes on cash (21,562) 15,198 1,575
Net increase in cash and cash equivalents 18,648 72,020 31,248
Cash and cash equivalents at beginning of year 314,899 242,879 211,631
Cash and cash equivalents at end of year 333,547 314,899 242,879
Supplemental disclosures of cash flow information      
Income taxes 236,536 298,827 374,865
Interest $ 102,131 $ 38,401 $ 19,043