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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2016
Apr. 04, 2015
Operating activities:    
Net earnings $ 104,461 $ 84,292
Adjustments:    
Depreciation 152,249 157,934
Amortization 18,112 18,655
Stock-based compensation 7,300 6,453
Deferred income taxes 5,529 (10,173)
Distributions from affiliates 36,015  
Equity in (earnings) losses of unconsolidated affiliates (9,245) 259
Changes in assets and liabilities (exclusive of acquisitions and dispositions):    
Accounts receivable (104,252) 343,497
Inventories 142,516 330,842
Accounts payable 197,350 (237,847)
Federal income taxes 23,273 39,397
Salaries, wages and related accruals (49,453) (122,226)
Other operating activities 27,004 (47,389)
Cash provided by operating activities 550,859 563,694
Investing activities:    
Capital expenditures (80,697) (77,523)
Investment in and advances to affiliates (6,098) (20,776)
Disposition of plant and equipment 5,309 2,604
Acquisitions (net of cash acquired) (1,386)  
Purchases of investments (50,000) (111,927)
Proceeds from the sale of investments 100,000 100,000
Other investing activities 792 1,870
Cash used in investing activities (32,080) (105,752)
Financing activities:    
Net change in short-term debt (14,671) (180,239)
Issuance of common stock   423
Excess tax benefits from stock-based compensation 353 200
Distributions to noncontrolling interests (49,853) (24,981)
Cash dividends (120,153) (119,712)
Acquisition of treasury stock (5,173)  
Other financing activities (559) (536)
Cash used in financing activities (190,056) (324,845)
Effect of exchange rate changes on cash 10,296 (3,304)
Increase in cash and cash equivalents 339,019 129,793
Cash and cash equivalents - beginning of year 1,939,469 1,024,144
Cash and cash equivalents - end of three months 2,278,488 1,153,937
Non-cash investing activity:    
Change in accrued plant and equipment purchases $ (4,949) $ (7,812)