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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash Flows From Operating Activities:              
Net Income $ 289,882 $ 21,454 $ 795,076 $ (112,385) $ 377,776 $ 677,154  
Adjustments to reconcile net income to net cash flows used for operating activities:              
Depreciation         108,450 108,848  
Amortization         28,304 28,572  
Share-based compensation         55,941 46,493  
Bad debt expense         7,029 1,191  
Inventory obsolescence         35,410 27,411  
Deferred income taxes         82,673 (39,064)  
(Income) from equity method investments         (18,419) (11,143)  
Loss on extinguishment of long-term borrowings         0 101,695  
(Gain) on sale of assets/business, net         (15,960) (22,965)  
Release of valuation allowances on deferred tax assets     (492,200)   0 (492,191) $ (540,800)
Changes in assets and liabilities:              
Accounts receivable, net         (348,229) (431,337)  
Inventories         (401,845) (393,349)  
Prepaid expenses and other current assets         (38,985) (11,252)  
Accounts payable, accrued liabilities, and income taxes payable         (126,552) 161,884  
Other, net         (20,360) (7,823)  
Net cash flows used for operating activities         (274,767) (255,876)  
Cash Flows From Investing Activities:              
Purchases of tools, dies, and molds         (57,955) (53,678)  
Purchases of other property, plant, and equipment         (69,373) (61,531)  
Proceeds from (payments of) foreign currency forward exchange contracts, net         3,247 (1,229)  
Proceeds from sale of assets/business         25,839 43,479  
Other, net         749 1,479  
Net cash flows used for investing activities         (97,493) (71,480)  
Cash Flows From Financing Activities:              
Proceeds from short-term borrowings, net         0 127,031  
(Payments of) long-term borrowings         0 (1,575,997)  
Proceeds from long-term borrowings, net         0 1,184,913  
Tax withholdings for share-based compensation         (30,327) (19,745)  
Proceeds from stock option exercises         27,658 5,522  
Other, net         (6,795) (1,640)  
Net cash flows used for financing activities         (9,464) (279,916)  
Effect of Currency Exchange Rate Changes on Cash and Equivalents         (668) (6,401)  
Decrease in Cash and Equivalents         (382,392) (613,673)  
Cash and Equivalents at Beginning of Period   $ 731,362   $ 762,181 731,362 762,181 762,181
Cash and Equivalents at End of Period $ 348,970   $ 148,508   $ 348,970 $ 148,508 $ 731,362