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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 785,174 $ 812,296 $ 807,749
Provision for losses on accounts receivable 10,181 12,945 8,855
Deferred income taxes and tax uncertainties 4,076 (13,732) (9,319)
Depreciation and amortization 227,967 208,326 180,613
Impairment of goodwill and other intangible assets 0 16,652 26,284
Losses (gains) from non-cash charges and sales of assets 2,765 41,037 (22,155)
Stock-based compensation 46,861 49,032 55,590
Losses from equity method investment 11,740 0 0
Change in assets and liabilities – net of acquisitions and divestitures:      
Accounts receivable (3,085) (122,580) (126,465)
Inventories (37,737) (92,443) (23,636)
Prepaid expenses and other assets 15,788 (24,550) 16,873
Trade accounts payable 23,130 32,019 71,118
Other current liabilities (70,306) 8,693 (707)
Current income taxes payable 6,943 (1,487) (4,813)
Accrued employment-related benefits cost (27,721) 35,027 9,872
Other – net (5,872) (1,421) (3,361)
Net cash provided by operating activities 989,904 959,814 986,498
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to property, buildings and equipment (373,868) (387,390) (272,145)
Proceeds from sales of assets 14,857 26,755 26,701
Equity method investment (20,382) 0 0
Cash paid for business acquisitions (464,431) (30,713) (153,915)
Other – net 466 7,290 (68)
Net cash used in investing activities (843,358) (384,058) (399,427)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase in commercial paper 325,000 5,000 0
Borrowings under lines of credit 54,770 108,721 144,805
Payments against lines of credit (78,559) (117,277) (154,450)
Proceeds from issuance of long-term debt 1,307,183 150,504 0
Payments of long-term debt and commercial paper (52,838) (170,907) (16,681)
Proceeds from stock options exercised 60,885 48,579 69,412
Excess tax benefits from stock-based compensation 27,553 33,772 59,984
Purchase of treasury stock (1,400,071) (525,120) (438,473)
Cash dividends paid (306,474) (291,395) (255,466)
Net cash used in financing activities (62,551) (758,123) (590,869)
Exchange rate effect on cash and cash equivalents (20,503) (21,633) (17,621)
NET CHANGE IN CASH AND CASH EQUIVALENTS: 63,492 (204,000) (21,419)
Cash and cash equivalents at beginning of year 226,644 430,644 452,063
Cash and cash equivalents at end of year 290,136 226,644 430,644
Supplemental cash flow information:      
Cash payments for interest (net of amounts capitalized) 31,591 10,172 12,954
Cash payments for income taxes $ 442,486 $ 509,378 $ 414,363