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CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Cash flows from operating activities:    
Net earnings $ 503,392 $ 465,568
Adjustments to reconcile net earnings to cash provided by operating activities:    
Share-based compensation expense 24,234 27,224
Depreciation and amortization 206,007 188,924
Operating lease asset amortization 28,801 27,542
Amortization of debt issuance and other debt-related costs 4,554 5,435
Deferred income taxes (22,201) (31,226)
Provision for losses on receivables 17,659 3,865
Other non-cash items (2,084) 5,011
Additional changes in certain assets and liabilities, net of effect of businesses acquired:    
Increase in receivables (284,826) (576,585)
Increase in inventories (184,674) (283,252)
Increase in prepaid expenses and other current assets (39,402) (28,372)
(Decrease) increase in accounts payable (187,574) 288,517
Decrease in accrued expenses (40,173) (10,893)
Decrease in operating lease liabilities (26,668) (33,319)
Increase in accrued income taxes 80,292 109,280
Decrease in other assets 20,193 17,627
Decrease in other long-term liabilities (10,378) (16,740)
Net cash provided by operating activities 87,152 158,606
Cash flows from investing activities:    
Additions to plant and equipment (171,364) (167,260)
Proceeds from sales of plant and equipment 11,012 22,448
Acquisition of businesses, net of cash acquired (219,264) (32,651)
Purchase of marketable securities (308) (3,296)
Proceeds from sales of marketable securities 0 2,650
Other investing activities 0 3,274
Net cash used for investing activities (379,924) (174,835)
Cash flows from financing activities:    
Bank and commercial paper borrowings, net 300,000 97,000
Other debt borrowings including senior notes 126,816 59,063
Other debt repayments including senior notes (19,587) (18,104)
Debt issuance costs (492) 0
Proceeds from stock option exercises 17,399 24,561
Stock repurchases (99,974) (267,727)
Dividends paid (252,880) (249,294)
Other financing activities (5,006) (45,851)
Net cash provided by (used for) financing activities 66,276 (400,352)
Effect of exchange rates on cash, cash equivalents and restricted cash (11,427) (11,369)
Net decrease in cash, cash equivalents and restricted cash (237,923) (427,950)
Cash, cash equivalents and restricted cash at beginning of period 966,032 931,376
Cash, cash equivalents and restricted cash at end of period 728,109 503,426
Cash paid during the period for:    
Interest 94,065 84,010
Income taxes, net of refunds $ 103,277 $ 47,985