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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 27, 2015
Dec. 28, 2014
Dec. 29, 2013
Cash flows from operating activities      
Net earnings $ 446,872 $ 413,310 $ 283,928
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation of plant and equipment 111,605 105,258 102,799
Amortization of intangibles 43,722 52,708 78,186
Program production cost amortization 42,449 47,086 47,690
Deferred income taxes (18,954) (9,755) (19,183)
Stock-based compensation 53,880 36,152 21,272
Changes in operating assets and liabilities:      
Increase in accounts receivable (227,808) (112,366) (86,616)
Increase in inventories (99,353) (28,944) (37,511)
Decrease (increase) in prepaid expenses and other current assets 83,124 30,760 (5,021)
Program Production Costs (42,506) (31,424) (41,325)
Increase (decrease) in accounts payable and accrued liabilities 149,663 (957) 140,092
Other, including long-term advances 9,751 (47,417) (83,179)
Net cash provided by operating activities 552,445 454,411 401,132
Cash flows from investing activities      
Additions to property, plant and equipment (142,022) (113,388) (112,031)
Investments and acquisitions, net of cash acquired 0 0 (110,698)
Cash proceeds from dispositions 18,632 64,400 0
Other investing activities 19,743 48,503 4,986
Net cash utilized by investing activities (103,647) (485) (217,743)
Cash flows from financing activities      
Net proceeds from borrowings with maturity greater than three months 0 559,986 0
Repayments of borrowings with maturity greater than three months 0 (425,000) 0
Net (repayments of) proceeds from other short-term borrowings (87,310) 246,054 (215,273)
Purchases of common stock (87,224) (459,564) (103,488)
Stock option transactions 43,322 60,519 118,122
Excess tax benefits from stock-based compensation 14,228 10,914 22,300
Dividends paid (225,797) (216,855) (156,129)
Other financing activities (3,676) (7,010) (6,541)
Net cash utilized by financing activities (346,457) (230,956) (341,009)
Effect of exchange rate changes on cash (18,758) (12,252) (9,632)
Increase (decrease) in cash and cash equivalents 83,583 210,718 (167,252)
Cash and cash equivalents at beginning of year 893,167 682,449 849,701
Cash and cash equivalents at end of year 976,750 893,167 682,449
Supplemental information      
Interest paid 93,106 106,755 90,605
Income taxes paid $ 144,137 $ 182,158 $ 88,189