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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Cash flows from operating activities:    
Consolidated net income $ 382,104 $ 264,957
Adjustments to reconcile consolidated net income to net cash provided by operations:    
Depreciation and amortization 115,355 96,540
Amortization of stock-based compensation 31,283 24,247
Equity in earnings of affiliated companies (4,790) (5,227)
Deferred income taxes 11,368 15,311
Restructuring, integration, and other charges 18,102 52,260
Gain on sale of investment (18,269) 0
Excess tax benefits from stock-based compensation arrangements (6,977) (6,937)
Other 2,029 2,809
Change in assets and liabilities, net of effects of acquired businesses:    
Accounts receivable 556,445 386,542
Inventories (97,929) (94,180)
Accounts payable (632,191) (361,349)
Accrued expenses (150,165) (204,013)
Other assets and liabilities 9,883 64,685
Net cash provided by operating activities 216,248 235,645
Cash flows from investing activities:    
Cash consideration paid for acquired businesses (129,522) (43,392)
Acquisition of property, plant, and equipment (87,881) (85,465)
Proceeds from sale of investment 40,542 0
Other 0 (3,000)
Net cash used for investing activities (176,861) (131,857)
Cash flows from financing activities:    
Change in short-term and other borrowings (9,243) (22,282)
Repayment of long-term bank borrowings, net (10,200) (242,900)
Net proceeds from note offering 0 591,156
Redemption of senior notes 0 (338,184)
Proceeds from exercise of stock options 21,013 30,368
Excess tax benefits from stock-based compensation arrangements 6,977 6,937
Repurchases of common stock (189,411) (312,613)
Net cash used for financing activities (180,864) (287,518)
Effect of exchange rate changes on cash 9,108 25,836
Net decrease in cash and cash equivalents (132,369) (157,894)
Cash and cash equivalents at beginning of period 390,602 409,684
Cash and cash equivalents at end of period $ 258,233 $ 251,790