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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Operating activities:    
Net earnings $ 657,281 $ 511,372
Adjustments:    
Depreciation 459,109 469,239
Amortization 54,066 55,673
Stock-based compensation 44,210 39,542
Deferred income taxes 49,834 (52,661)
Distributions from affiliates 38,474 14,149
Equity in earnings of unconsolidated affiliates (30,232) (550)
Changes in assets and liabilities (exclusive of acquisitions and dispositions):    
Accounts receivable (328,000) 328,671
Inventories (184,320) 370,445
Accounts payable 216,218 (83,396)
Federal income taxes 28,915 113,458
Salaries, wages and related accruals 103,324 (15,993)
Other operating activities 62,801 7,350
Cash provided by operating activities 1,171,680 1,757,299
Investing activities:    
Capital expenditures (327,436) (283,087)
Investment in and advances to affiliates (48,167) (41,271)
Disposition of plant and equipment 14,883 24,996
Acquisitions (net of cash acquired) (48,105) (253)
Purchases of investments (650,000) (111,927)
Proceeds from the sale of investments 100,000 111,452
Other investing activities 13,350 2,947
Cash used in investing activities (945,475) (297,143)
Financing activities:    
Net change in short-term debt (21,520) (152,529)
Repayment of long-term debt   (16,300)
Issuance of common stock 5,727 423
Excess tax benefits from stock-based compensation 1,507 1,700
Distributions to noncontrolling interests (86,808) (56,085)
Cash dividends (360,675) (359,461)
Acquisition of treasury stock (5,173)  
Other financing activities (5,212) (1,630)
Cash used in financing activities (472,154) (583,882)
Effect of exchange rate changes on cash 11,187 (4,993)
(Decrease) increase in cash and cash equivalents (234,762) 871,281
Cash and cash equivalents - beginning of year 1,939,469 1,024,144
Cash and cash equivalents - end of nine months 1,704,707 1,895,425
Non-cash investing activity:    
Change in accrued plant and equipment purchases $ 140,347 $ (14,577)