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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Aug. 27, 2023
Aug. 28, 2022
Cash Flows from Operating Activities:    
Net income $ 122,700 $ 418,500
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 122,200 117,900
Goodwill and other intangible asset impairment 90,200 11,600
Property, plant, equipment, right-of-use asset impairment, and early lease terminations, net 25,000 36,100
Stock-based compensation 56,400 45,900
Benefit from deferred income taxes (77,000) (1,700)
Other, net 4,500 31,400
Net change in operating assets and liabilities (167,400) (449,400)
Net cash provided by operating activities 176,600 210,300
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (259,000) (196,800)
Proceeds (payments) on settlement of forward foreign exchange contracts not designated for hedge accounting, net 27,300 (20,600)
Payments to acquire short-term investments 0 (70,400)
Proceeds from sale, maturity and collection of short-term investments 70,800 60,700
Net cash used for investing activities (160,900) (227,100)
Cash Flows from Financing Activities:    
Proceeds from senior revolving credit facility 200,000 0
Repayments of senior revolving credit facility 175,000 0
Repurchase of common stock (8,100) (140,700)
Dividends to stockholders (142,900) (127,000)
Other financing activities, net (13,100) (20,000)
Net cash used for financing activities (139,100) (287,700)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (11,800) (6,900)
Net decrease in cash and cash equivalents and restricted cash (135,200) (311,400)
Beginning cash and cash equivalents, and restricted cash 430,000 810,600
Ending cash and cash equivalents, and restricted cash 294,800 499,200
Less: Ending restricted cash (300) (300)
Ending cash and cash equivalents 294,500 498,900
Noncash Investing Activity:    
Property, plant and equipment acquired and not yet paid at end of period 38,400 50,400
Supplemental disclosure of cash flow information:    
Cash paid for income taxes during the period, net of refunds $ 66,800 $ 83,900