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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2015
Oct. 04, 2014
Operating activities:    
Net earnings $ 511,372 $ 570,832
Adjustments:    
Depreciation 469,239 486,684
Amortization 55,673 54,127
Stock-based compensation 39,542 40,325
Deferred income taxes (52,661) (43,712)
Distributions from affiliates 14,149 11,504
Equity in earnings of unconsolidated affiliates (550) (10,028)
Loss on assets 7,700 21,546
Changes in assets and liabilities (exclusive of acquisitions and dispositions):    
Accounts receivable 328,671 (418,353)
Inventories 370,445 (80,975)
Accounts payable (83,396) 84,161
Federal income taxes 113,458 94,999
Salaries, wages and related accruals (15,993) 65,027
Other operating activities (350) 49,426
Cash provided by operating activities 1,757,299 925,563
Investing activities:    
Capital expenditures (283,087) (557,249)
Investment in and advances to affiliates (41,271) (94,128)
Repayment of advances to affiliates   26,500
Disposition of plant and equipment 24,996 18,748
Acquisitions (net of cash acquired) (253) (38,466)
Purchases of investments (111,927) (100,000)
Proceeds from the sale of investments 111,452 27,529
Other investing activities 2,947  
Cash used in investing activities (297,143) (717,066)
Financing activities:    
Net change in short-term debt (152,529) 11,900
Repayment of long-term debt (16,300) (3,300)
Issuance of common stock 423 4,465
Excess tax benefits from stock-based compensation 1,700 3,200
Distributions to noncontrolling interests (56,085) (51,401)
Cash dividends (359,461) (356,230)
Other financing activities (1,630) (1,651)
Cash used in financing activities (583,882) (393,017)
Effect of exchange rate changes on cash (4,993) (2,787)
Increase (decrease) in cash and cash equivalents 871,281 (187,307)
Cash and cash equivalents - beginning of year 1,024,144 1,483,252
Cash and cash equivalents - end of nine months 1,895,425 1,295,945
Non-cash investing activity:    
Change in accrued plant and equipment purchases $ (14,577) $ (98,050)