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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jan. 30, 2022
Jan. 24, 2021
Operating Activities    
Net Earnings $ 239,710 $ 222,395
Adjustments to Reconcile to Net Cash Provided by Operating Activities:    
Depreciation 52,406 41,395
Amortization 11,874 9,648
Equity in Earnings of Affiliates (6,898) (14,228)
Distributions Received from Equity Method Investees 18,039 11,250
Provision for Deferred Income Taxes 366 335
Loss (Gain) on Property/Equipment Sales and Plant Facilities 1,593 1,388
Non-cash Investment Activities 5,956 (11,693)
Stock-based Compensation Expense 6,328 7,781
Changes in Operating Assets and Liabilities, Net of Acquisitions:    
Decrease (Increase) in Accounts Receivable 85,079 (3,444)
Decrease (Increase) in Inventories (16,251) (11,876)
Decrease (Increase) in Prepaid Expenses and Other Current Assets 10,143 17,634
Increase (Decrease) in Pension and Post-retirement Benefits (2,533) 1,134
Increase (Decrease) in Accounts Payable and Accrued Expenses (85,554) (124,092)
Increase (Decrease) in Net Income Taxes Payable 63,498 58,059
Net Cash Provided by (Used in) Operating Activities 383,756 205,686
Investing Activities    
Net (Purchase) Sale of Securities (1,611) (206)
Purchases of Property and Equipment (49,747) (40,363)
Proceeds from Sales of Property and Equipment 388 1,461
Decrease (Increase) in Investments, Equity in Affiliates, and Other Assets 1,290 (1,149)
Proceeds from Company-owned Life Insurance 0 956
Net Cash Provided by (Used in) Investing Activities (49,680) (39,301)
Financing Activities    
Repayments of Long-term Debt and Finance Leases (2,163) (2,165)
Dividends Paid on Common Stock (132,909) (125,516)
Share Repurchase 0 (8,837)
Proceeds from Exercise of Stock Options 11,053 1,765
Net Cash Provided by (Used in) Financing Activities (124,019) (134,754)
Effect of Exchange Rate Changes on Cash 846 5,600
Increase (Decrease) in Cash and Cash Equivalents 210,904 37,232
Cash and Cash Equivalents at Beginning of Year 613,530 1,714,309
Cash and Cash Equivalents at End of Quarter $ 824,434 $ 1,751,541