XML 31 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Cash flows from operating activities:    
Net income $ 120,624 $ 100,305
Non-cash and other reconciling items:    
Depreciation and amortization 29,291 28,208
Deferred income taxes 9,544 (2,889)
Stock-based compensation 18,730 18,905
Gain on bargain purchase (Note 2) 0 (31,291)
Other, net 23,842 14,988
Changes in (net of effects from businesses acquired):    
Receivables 89,718 277,687
Inventories (220,165) 102,672
Accounts payable (128,045) (382,870)
Accrued expenses and other, net (69,730) (44,738)
Net cash flows (used for) provided by operating activities (126,191) 80,977
Cash flows from financing activities:    
(Repayments of) borrowings under accounts receivable securitization program, net (32,000) 41,000
Borrowings of bank and other debt, net 67,773 131,140
Repurchases of common stock 0 (128,707)
Dividends paid on common stock (20,620) 0
Other, net 3,871 1,280
Net cash flows provided by financing activities 19,024 44,713
Cash flows from investing activities:    
Purchases of property, plant and equipment (27,384) (24,385)
Cash proceeds from sale of assets 1,664 304
Acquisitions of businesses, net of cash acquired (Note 2) (20,950) (87,176)
Cash proceeds from divestiture, net of cash divested 0 4,500
Net cash flows used for investing activities (46,670) (106,757)
Effect of exchange rate changes on cash and cash equivalents 10,107 17,236
Cash and cash equivalents:    
-- (decrease) increase (143,730) 36,169
-- at beginning of period 1,009,343 1,006,864
-- at end of period $ 865,613 $ 1,043,033