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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 26, 2017
Nov. 27, 2016
Nov. 29, 2015
Cash Flows from Operating Activities:      
Net income $ 284,556 $ 291,209 $ 209,891
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 117,387 103,878 102,044
Unrealized foreign exchange (gains) losses 24,731 (5,853) (371)
Realized (gain) loss on settlement of forward foreign exchange contracts not designated for hedge accounting 5,773 (17,175) (14,720)
Employee benefit plans’ amortization from accumulated other comprehensive loss and settlement losses 30,125 14,991 16,983
Loss on extinguishment of debt, net of write-off of unamortized debt issuance costs 22,793 0 3,448
Stock-based compensation 25,809 9,333 15,137
Deferred income taxes (486) 66,078 58,386
Other, net 8,005 2,813 1,575
Change in operating assets and liabilities:      
Trade receivables 3,981 6,150 4,060
Inventories (14,409) (121,379) 28,566
Other current assets 1,828 (22,944) (3,061)
Other non-current assets (6,862) (9,103) (21,375)
Accounts payable and other accrued liabilities 35,714 43,040 (80,224)
Restructuring liabilities (4,274) (17,290) (36,711)
Income tax liabilities 2,478 7,653 (9,680)
Accrued salaries, wages and employee benefits and long-term employee related benefits (9,408) (49,880) (44,714)
Other long-term liabilities (1,800) 5,029 (10,902)
Net cash provided by operating activities 525,941 306,550 218,332
Cash Flows from Investing Activities:      
Purchases of property, plant and equipment (118,778) (102,950) (104,579)
Proceeds from sale of assets 160 17,427 9,026
Proceeds (payments) on settlement of forward foreign exchange contracts not designated for hedge accounting (5,773) 17,175 14,720
Net cash used for investing activities (124,391) (68,348) (80,833)
Cash Flows from Financing Activities:      
Proceeds from issuance of long-term debt 502,835 0 500,000
Repayments of long-term debt and capital leases (525,000) (36,092) (525,001)
Proceeds from senior revolving credit facility 0 180,000 345,000
Repayments of senior revolving credit facility 0 (279,000) (346,000)
Proceeds from short-term credit facilities 35,333 29,154 23,936
Repayments of short-term credit facilities (29,764) (18,219) (21,114)
Other short-term borrowings, net (6,231) 13,475 (12,919)
Payment of debt extinguishment costs (21,902) 0 0
Debt issuance costs (10,366) 0 (4,605)
Repurchase of common stock (25,102) (2,563) (4,175)
Dividend to stockholders (70,000) (60,000) (50,000)
Other financing, net (1,536) (304) (17)
Net cash (used for) provided by financing activities (151,733) (173,549) (94,895)
Effect of exchange rate changes on cash and cash equivalents 8,242 (7,661) (22,288)
Net increase (decrease) in cash and cash equivalents 258,059 56,992 20,316
Beginning cash and cash equivalents 375,563 318,571 298,255
Ending cash and cash equivalents 633,622 375,563 318,571
Noncash Investing Activity:      
Property, plant and equipment acquired and not yet paid at end of period 22,664 19,903 23,958
Property, plant and equipment additions due to build-to-suit lease transactions 19,888 0 0
Supplemental disclosure of cash flow information:      
Interest 52,097 67,052 77,907
Income taxes $ 54,602 $ 57,148 $ 61,456