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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2019
Sep. 28, 2018
Net Earnings $ 259,018 $ 267,331
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 36,401 35,570
Deferred income taxes (6,067) 15,407
Share-based compensation 23,186 22,016
Change in    
Accounts receivable (2,906) (25,576)
Inventories (5,052) (23,094)
Trade accounts payable (776) 74
Salaries and incentives (15,422) (4,943)
Retirement benefits and deferred compensation 10,206 (30,202)
Other accrued liabilities 198 (1,348)
Other 695 (974)
Net cash provided by operating activities 299,481 254,261
Cash Flows From Investing Activities    
Property, plant and equipment additions (102,496) (39,569)
Acquisition of businesses, net of cash acquired (19,216) (10,769)
Other (961) (1,386)
Net cash provided by (used in) investing activities (122,673) (51,724)
Cash Flows From Financing Activities    
Borrowings (payments) on short-term lines of credit, net (6,240) (2,558)
Borrowings on long-term lines of credit 106,454 612,979
Payments on long-term debt and lines of credit (179,270) (575,113)
Common stock issued 36,244 23,471
Common stock repurchased (5,121) (155,601)
Payment, Tax Withholding, Share-based Payment Arrangement 1,268 16,151
Cash dividends paid (79,762) (66,794)
Net cash provided by (used in) financing activities (128,963) (179,767)
Effect of exchange rate changes on cash (2,657) 1,915
Net increase (decrease) in cash and cash equivalents 45,188 24,685
Cash and Cash Equivalents    
Beginning of year 132,118 112,904
End of period $ 177,306 $ 137,589