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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 25, 2018
Nov. 26, 2017
Nov. 27, 2016
Cash Flows from Operating Activities:      
Net income $ 285,244 $ 284,556 $ 291,209
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 120,205 117,387 103,878
Unrealized foreign exchange (gains) losses (30,804) 24,731 (5,853)
Realized loss (gain) on settlement of forward foreign exchange contracts not designated for hedge accounting 19,974 5,773 (17,175)
Employee benefit plans’ amortization from accumulated other comprehensive loss and settlement losses 4,336 30,125 14,991
Loss on extinguishment of debt, net of write-off of unamortized debt issuance costs 0 22,793 0
Stock-based compensation 18,407 25,809 9,333
Deferred income taxes 134,258 (486) 66,078
Other, net 7,395 8,005 2,813
Change in operating assets and liabilities:      
Trade receivables (60,474) 3,981 6,150
Inventories (147,389) (14,409) (121,379)
Other current assets (30,870) 1,828 (22,944)
Other non-current assets (3,189) (6,862) (9,103)
Accounts payable and other accrued liabilities 161,039 35,714 43,040
Restructuring liabilities (420) (4,274) (17,290)
Income tax liabilities (8,590) 2,478 7,653
Accrued salaries, wages and employee benefits and long-term employee related benefits (44,887) (9,408) (49,880)
Other long-term liabilities (3,864) (1,800) 5,029
Net cash provided by operating activities 420,371 525,941 306,550
Cash Flows from Investing Activities:      
Purchases of property, plant and equipment (159,413) (118,618) (102,950)
Proceeds from sale of assets 0 0 17,427
Proceeds (payments) on settlement of forward foreign exchange contracts not designated for hedge accounting (19,974) (5,773) 17,175
Net cash used for investing activities (179,387) (124,391) (68,348)
Cash Flows from Financing Activities:      
Proceeds from issuance of long-term debt 0 502,835 0
Repayments of long-term debt and capital leases 0 (525,000) (36,092)
Proceeds from senior revolving credit facility 0 0 180,000
Repayments of senior revolving credit facility 0 0 (279,000)
Proceeds from short-term credit facilities 31,929 35,333 29,154
Repayments of short-term credit facilities (28,230) (29,764) (18,219)
Other short-term borrowings, net (4,977) (6,231) 13,475
Payment of debt extinguishment costs 0 (21,902) 0
Debt issuance costs 0 (10,366) 0
Repurchase of common stock (56,039) (25,102) (2,563)
Dividend to stockholders (90,000) (70,000) (60,000)
Other financing, net (907) (1,536) (304)
Net cash (used for) provided by financing activities (148,224) (151,733) (173,549)
Effect of exchange rate changes on cash and cash equivalents (13,262) 8,242 (7,661)
Net increase (decrease) in cash and cash equivalents 79,498 258,059 56,992
Beginning cash and cash equivalents 633,622 375,563 318,571
Ending cash and cash equivalents 713,120 633,622 375,563
Noncash Investing Activity:      
Property, plant and equipment acquired and not yet paid at end of period 23,099 22,664 19,903
Property, plant and equipment additions due to build-to-suit lease transactions 2,750 19,888 0
Supplemental disclosure of cash flow information:      
Cash paid for interest during the period 51,200 52,097 67,052
Income taxes $ 96,277 $ 54,602 $ 57,148