XML 22 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:      
Net Income $ 319,564 $ 444,081 $ 600,801
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and other impairment charges 609,660 515,367 540,490
Provision (reversal) for doubtful accounts (Note 2) (184) 72,295 650
Non-cash other loss (income) 6,858 24,521 (21,278)
Stock-based compensation 77,330 77,580 50,270
Income taxes (20,041) (64,346) (59,261)
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (164,239) 317,946 316,773
Inventories 85,047 84,790 72,660
Other current and noncurrent assets 84,949 (2,704) 125,218
Accounts payable 268,686 (365,051) (176,941)
Other current and noncurrent liabilities (117,721) 31,966 (655,348)
Net cash provided by operating activities 1,149,909 1,136,445 794,034
Cash flows from investing activities:      
Purchases of property and equipment (525,111) (510,634) (347,413)
Proceeds from the disposition of property and equipment 35,606 13,676 107,689
Acquisition of businesses, net of cash acquired (189,084) (916,527) (66,854)
Proceeds from divestitures of business, net of cash held in divested business 36,731 5,740 0
Other investing activities, net (60,329) 11,369 64,362
Net cash used in investing activities (702,187) (1,396,376) (242,216)
Cash flows from financing activities:      
Proceeds from bank borrowings and long-term debt 312,741 884,702 319,542
Repayments of bank borrowings and long-term debt (141,730) (190,221) (344,156)
Payments for repurchases of ordinary shares (349,532) (420,317) (415,945)
Proceeds from exercise of stock options 12,438 61,278 23,508
Other financing activities, net (76,024) (85,800) (98,966)
Net cash provided by (used in) financing activities (242,107) 249,642 (516,017)
Effect of exchange rates on cash 17,490 (10,549) (1,121)
Net change in cash and cash equivalents 223,105 (20,838) 34,680
Cash and cash equivalents, beginning of year 1,607,570 1,628,408 1,593,728
Cash and cash equivalents, end of year $ 1,830,675 $ 1,607,570 $ 1,628,408