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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 26, 2022
Mar. 27, 2021
Cash flows from operating activities:    
Cash received from customers $ 13,329,586 $ 11,770,839
Cash paid to employees and suppliers (11,800,135) (10,315,725)
Income taxes paid (6,097) (23,464)
Self-insured claims paid (112,215) (100,347)
Dividends and interest received 73,830 69,002
Other operating cash receipts 94,173 94,083
Other operating cash payments (5,889) (6,091)
Net cash provided by operating activities 1,573,253 1,488,297
Cash flows from investing activities:    
Payment for capital expenditures (401,982) (345,933)
Proceeds from sale of property, plant and equipment 18,126 1,403
Payment for investments (1,138,916) (627,866)
Proceeds from sale and maturity of investments 202,846 265,360
Net cash used in investing activities (1,319,926) (707,036)
Cash flows from financing activities:    
Payment for acquisition of common stock (537,681) (340,092)
Proceeds from sale of common stock 100,843 90,882
Dividends paid (252,821) (220,975)
Repayment of long-term debt (14,978) (3,986)
Other, net (775) (1,514)
Net cash used in financing activities (705,412) (475,685)
Net (decrease) increase in cash and cash equivalents (452,085) 305,576
Cash and cash equivalents at beginning of period 1,131,901 673,483
Cash and cash equivalents at end of period 679,816 979,059
Reconciliation of net earnings to net cash provided by operating activities:    
Net earnings 618,026 1,495,093
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 202,294 192,241
Increase in last-in, first-out (LIFO) reserve 32,207 11,291
Retirement contributions paid or payable in common stock 112,796 106,140
Deferred income taxes (154,088) 163,276
(Gain) loss on disposal and impairment of long-lived assets (962) 11,485
Loss (gain) on investments 579,730 (792,339)
Net amortization of investments 21,212 19,373
Changes in operating assets and liabilities providing (requiring) cash:    
Trade receivables 61,494 86,223
Inventories 14,912 (29,842)
Other assets (1,940) 5,169
Accounts payable and accrued expenses (221,989) (5,754)
Income taxes 310,956 220,740
Other liabilities (1,395) 5,201
Total adjustments 955,227 (6,796)
Net cash provided by operating activities $ 1,573,253 $ 1,488,297