XML 20 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 329,358 $ 352,896
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 312,645 278,889
Share-based compensation expense 49,139 39,359
Provision for deferred income taxes 1,736 25,849
Changes in assets and liabilities (net of businesses acquired):    
Receivables, net (186,039) (79,723)
Inventory 390 211
Prepaid expenses and other 181,035 106
Accounts payable 43,364 33,647
Accrued income taxes 7,919 (3,846)
Deferred revenue (40,132) 12,336
Other accrued liabilities 9,251 (63,896)
Net cash provided by operating activities 708,666 595,828
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital purchases (188,994) (189,372)
Capitalized software development costs (142,951) (142,966)
Purchases of investments (194,592) (182,484)
Sales and maturities of investments 331,728 187,355
Purchase of other intangibles (16,373) (14,036)
Net cash used in investing activities (211,182) (341,503)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of Long-term Debt (75,000) 0
Proceeds from exercise of options 21,343 38,293
Payments to taxing authorities in connection with shares directly withheld from associates (7,308) (7,972)
Treasury stock purchases (287,624) 0
Contingent consideration payments for acquisition of businesses (1,691) (2,671)
Net cash provided by (used in) financing activities (350,280) 27,650
Effect of exchange rate changes on cash and cash equivalents (7,159) 7,594
Net increase (decrease) in cash and cash equivalents 140,045 289,569
Cash and cash equivalents at beginning of period 370,923 170,861
Cash and cash equivalents at end of period $ 510,968 $ 460,430