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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Cash received from customers $ 19,109,152 $ 18,151,097
Cash paid to employees and suppliers (16,671,028) (15,831,134)
Income taxes paid (265,296) (531,571)
Self-insured claims paid (184,324) (184,068)
Dividends and interest received 101,159 93,307
Other operating cash receipts 182,159 143,692
Other operating cash payments (9,858) (7,862)
Net cash provided by operating activities 2,261,964 1,833,461
Cash flows from investing activities:    
Payment for capital expenditures (651,213) (731,373)
Proceeds from sale of property, plant and equipment 3,360 7,990
Payment for investments (1,662,396) (1,138,033)
Proceeds from sale and maturity of investments 1,103,933 983,841
Net cash used in investing activities (1,206,316) (877,575)
Cash flows from financing activities:    
Payment for acquisition of common stock (590,708) (750,771)
Proceeds from sale of common stock 153,478 154,275
Dividends paid (401,387) (359,252)
Repayment of long-term debt (4,984) (22,930)
Other, net 9,299 4,797
Net cash used in financing activities (834,302) (973,881)
Net increase (decrease) in cash and cash equivalents 221,346 (17,995)
Cash and cash equivalents at beginning of period 599,264 579,925
Cash and cash equivalents at end of period 820,610 561,930
Reconciliation of net earnings to net cash provided by operating activities:    
Net earnings 1,642,028 1,296,443
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 350,976 328,381
Increase in last-in, first out (LIFO) reserve 20,468 15,224
Retirement contributions paid or payable in common stock 200,329 179,757
Deferred income taxes 107,238 11,508
Loss on disposal and impairment of property, plant and equipment 2,794 4,987
Gain on investments (423,599) (52,300)
Net amortization of investments 23,252 35,801
Changes in operating assets and liabilities providing (requiring) cash:    
Trade receivables 1,466 41,474
Inventories 47,803 62,240
Other assets 21,055 (29,552)
Accounts payable and accrued expenses 210,727 158,441
Federal and state income taxes 59,815 (214,478)
Other liabilities (2,388) (4,465)
Total adjustments 619,936 537,018
Net cash provided by operating activities $ 2,261,964 $ 1,833,461