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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Cash flows from operating activities:    
Net earnings $ 733,826 $ 699,058
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Restructuring 27,099 28,300
Tradename impairment 0 47,905
Depreciation and amortization 328,300 305,088
Deferred income taxes 16,549 (27,887)
Loss (gain) on disposal of property, plant and equipment 2,221 (10,849)
Stock-based compensation expense 30,607 28,841
Changes in operating assets and liabilities, net of effects of acquisitions:    
Receivables, net (166,775) (255,311)
Inventories (121,970) (53,578)
Other assets and prepaid expenses (1,668) 67,375
Accounts payable and accrued expenses 26,343 170,274
Other liabilities (310) 1,126
Net cash provided by operating activities 874,222 1,000,342
Cash flows from investing activities:    
Additions to property, plant and equipment (654,630) (460,760)
Acquisitions, net of cash acquired (250,766) 0
Net cash used in investing activities (905,396) (460,760)
Cash flows from financing activities:    
Payments on Senior Credit Facilities (317,162) (467,618)
Proceeds from Senior Credit Facilities 267,263 386,551
Payments on Commercial Paper (11,385,287) (17,614,864)
Proceeds from Commercial Paper 11,587,228 17,835,126
Proceeds from Floating Rate Notes 357,569 0
Repayment of Senior Notes 0 (645,555)
Payments of other debt and financing costs (15,493) 0
Payments on asset securitization borrowings (500,000) 0
Debt issuance costs (1,400) (1,086)
Change in outstanding checks in excess of cash (5,004) (1,924)
Shares redeemed for taxes (12,255) (11,879)
Proceeds and net tax benefit from stock transactions 1,204 4,367
Net cash used in financing activities (23,337) (516,882)
Effect of exchange rate changes on cash and cash equivalents 17,348 7,716
Net change in cash and cash equivalents (37,163) 30,416
Cash and cash equivalents, beginning of period 121,665 81,692
Cash and cash equivalents, end of period $ 84,502 $ 112,108