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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2015
Sep. 28, 2014
Cash flows from operating activities    
Net earnings $ 272,478 $ 244,489
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation of plant and equipment 86,393 82,536
Amortization of intangibles 35,330 38,103
Program production cost amortization 29,812 35,742
Deferred income taxes (10,236) (38,930)
Stock-based compensation 33,073 26,869
Change in operating assets and liabilities:    
Increase in accounts receivable (382,573) (274,182)
Increase in inventories (156,221) (172,496)
Decrease in prepaid expenses and other current assets 39,521 37,037
Program Production Costs (28,222) (26,393)
Increase in accounts payable and accrued liabilities 165,632 51,305
Other (15,429) 22,746
Net cash provided by operating activities 69,558 26,826
Cash flows from investing activities    
Additions to property, plant and equipment (97,873) (78,255)
Proceeds from Divestiture of Businesses 18,632 64,400
Other 20,447 4,009
Net cash utilized by investing activities (58,794) (9,846)
Cash flows from financing activities    
Net proceeds from borrowings with maturity greater than three months 0 559,986
Repayments of borrowings with maturity greater than three months 0 (425,000)
Net (repayments of) proceeds from other short-term borrowings (138,101) 71,172
Purchases of common stock (74,110) (338,184)
Stock option transactions 33,929 43,447
Excess tax benefits from stock-based compensation 9,804 8,507
Dividends paid (168,393) (162,789)
Other financing activities 928 0
Net cash utilized by financing activities (335,943) (242,861)
Effect of exchange rate changes on cash (16,696) (4,384)
Decrease in cash and cash equivalents (341,875) (230,265)
Cash and cash equivalents at beginning of year 893,167 682,449
Cash and cash equivalents at end of period 551,292 452,184
Cash paid during the period for:    
Interest 78,056 80,384
Income taxes $ 80,833 $ 65,286