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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 25, 2016
Dec. 27, 2015
Cash flows from operating activities      
Net earnings $ 396,607 $ 533,151 $ 446,872
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation of plant and equipment 143,018 119,707 111,605
Amortization of intangibles 28,818 34,763 43,722
Impairment of Goodwill 0 32,858 0
Program production cost amortization 35,798 35,931 42,449
Deferred income taxes 112,105 (662) (18,954)
Stock-based compensation 56,032 61,624 53,880
Other non-cash items (44,001) (16,011) (19,629)
Changes in operating assets and liabilities net of acquired and disposed balances:      
Increase in accounts receivable (50,376) (149,923) (227,808)
Increase in inventories (25,301) (12,065) (99,353)
Decrease (increase) in prepaid expenses and other current assets 24,450 7,422 83,124
Program Production Costs (48,003) (48,690) (42,506)
Increase (decrease) in accounts payable and accrued liabilities (80,461) 246,223 168,584
Net deemed repatriation tax 181,305 0 0
Other, including long-term advances (5,613) (27,015) 29,380
Net cash provided by operating activities 724,378 817,313 571,366
Cash flows from investing activities      
Additions to property, plant and equipment (134,877) (154,900) (142,022)
Investments and acquisitions, net of cash acquired 0 (12,436) 0
Cash proceeds from dispositions 0 0 18,632
Other investing activities 3,396 28,945 19,743
Net cash utilized by investing activities (131,481) (138,391) (103,647)
Cash flows from financing activities      
Net proceeds from borrowings with maturity greater than three months 493,878 0 0
Repayments of borrowings with maturity greater than three months (350,000) 0 0
Net proceeds from (repayments of) other short-term borrowings (18,419) 8,978 (87,310)
Purchases of common stock (151,311) (150,075) (87,224)
Stock option transactions 29,431 42,207 43,322
Dividends paid (276,973) (248,881) (225,797)
Payments related to tax withholding for share based compensation (31,994) (21,969) (4,693)
Other financing activities (6,785) (5,758) (3,676)
Net cash utilized by financing activities (312,173) (375,498) (365,378)
Effect of exchange rate changes on cash 18,225 2,111 (18,758)
Increase (decrease) in cash and cash equivalents 298,949 305,535 83,583
Cash and cash equivalents at beginning of year 1,282,285 976,750 893,167
Cash and cash equivalents at end of year 1,581,234 1,282,285 976,750
Supplemental information      
Interest paid 89,294 88,525 93,106
Income taxes paid $ 115,753 $ 98,913 $ 144,137