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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities:    
Net income $ 224,929 $ 243,783
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation and amortization 173,003 155,910
Noncash compensation 56,559 43,219
Noncash income from financial services (23,704) (22,232)
Deferred income taxes (9,134) (4,171)
Impairment charges 3,558 21,716
Other, net 1,575 (9,618)
Changes in operating assets and liabilities:    
Trade receivables (23,613) (991)
Inventories (304,261) (201,229)
Accounts payable 239,226 90,842
Accrued expenses 75,293 1,620
Income taxes payable/receivable 19,680 28,715
Prepaid expenses and others, net 3,020 6,574
Net cash provided by operating activities 436,131 354,138
Investing Activities:    
Purchase of property and equipment (189,336) (157,763)
Investment in finance affiliate, net 11,703 22,207
Investment in other affiliates, net 0 7,366
Acquisition of businesses, net of cash acquired (1,800) (729,925)
Net cash used for investing activities (179,433) (858,115)
Financing Activities:    
Borrowings under debt arrangements / finance lease obligations 2,654,218 2,845,688
Repayments under debt arrangements / finance lease obligations (2,831,666) (1,970,701)
Repurchase and retirement of common shares (6,997) (246,931)
Cash dividends to shareholders (111,722) (112,748)
Proceeds from stock issuances under employee plans 8,165 47,158
Net cash (used for) provided by financing activities (288,002) 562,466
Impact of currency exchange rates on cash balances (3,092) (5,904)
Net increase (decrease) in cash, cash equivalents and restricted cash (34,396) 52,585
Cash, cash equivalents and restricted cash at beginning of period 193,126 161,618
Cash, cash equivalents and restricted cash at end of period 158,730 214,203
Supplemental Cash Flow Information:    
Interest paid on debt borrowings 63,733 33,218
Income taxes paid 48,914 40,178
Total $ 193,126 $ 161,618