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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2018
Jun. 25, 2017
Cash flows from operating activities:    
Net cash provided by operating activities $ 735,859 $ 627,068
Cash flows from investing activities:    
Capital expenditures (69,293) (69,816)
Origination of finance receivables (1,999,786) (1,977,839)
Collections on finance receivables 1,712,884 1,647,799
Other (11,758) 7,031
Net cash used by investing activities (367,953) (392,825)
Cash flows from financing activities:    
Proceeds from issuance of medium-term notes 1,144,018 893,668
Repayments of medium-term notes (877,488) (400,000)
Repayments of securitization debt (183,453) (275,659)
Borrowings of asset-backed commercial paper 120,903 341,625
Repayments of asset-backed commercial paper 100,660 77,732
Net increase (decrease) in credit facilities and unsecured commercial paper 56,280 (128,787)
Dividends paid (124,680) (128,452)
Purchase of common stock for treasury (111,227) (243,055)
Issuance of common stock under employee stock option plans 1,965 7,432
Net cash used by financing activities (74,342) (10,960)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (10,091) 12,457
Net increase in cash, cash equivalents and restricted cash 283,473 235,740
Cash, cash equivalents and restricted cash:    
Cash, cash equivalents and restricted cash—beginning of period 746,210 827,131
Net increase in cash, cash equivalents and restricted cash 283,473 235,740
Cash, cash equivalents and restricted cash—end of period 1,029,683 1,062,871
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 978,749 988,476
Restricted cash 44,386 63,225
Restricted cash included in other long-term assets $ 6,548 $ 11,170