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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 622,443 $ 632,838 $ 785,174
Provision for losses on accounts receivable 16,376 16,216 10,181
Deferred income taxes and tax uncertainties (5,048) (5,884) 4,076
Depreciation and amortization 264,064 248,857 227,967
Impairment of goodwill, intangible and other assets 28,186 52,318 0
Net (gains) losses from sales of assets and business divestitures (8,795) (18,521) 2,765
Stock-based compensation 32,661 35,735 46,861
Losses from equity method investment 37,771 31,193 11,740
Change in assets and liabilities – net of business acquisitions and divestitures:      
Accounts receivable (103,126) (45,600) (3,085)
Inventories (4,915) (4,403) (37,737)
Prepaid expenses and other assets (5,024) 18,641 15,788
Trade accounts payable 72,332 72,882 23,130
Other current liabilities 112,445 (3,937) (24,101)
Current income taxes payable 3,967 (3,513) 6,943
Accrued employment-related benefits cost (6,380) 7,542 (27,721)
Other – net (400) (10,281) (5,872)
Net cash provided by operating activities 1,056,557 1,024,083 1,036,109
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to property, buildings and equipment and intangibles (237,283) (284,249) (373,868)
Proceeds from sales of assets and business divestitures 120,228 55,023 14,857
Equity method investment (34,754) (34,103) (20,382)
Cash paid for business acquisitions 0 (159) (464,431)
Other – net 5,726 1,224 466
Net cash used in investing activities (146,083) (262,264) (843,358)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net (decrease) increase in commercial paper (369,766) 39,748 325,000
Borrowings under lines of credit 73,781 36,055 54,770
Payments against lines of credit (43,256) (37,358) (78,559)
Proceeds from issuance of long-term debt 401,764 515,985 1,307,183
Payments of long-term debt (39,301) (262,248) (52,838)
Proceeds from stock options exercised 47,418 34,125 60,885
Payments for employee taxes withheld from stock awards (27,884) (21,107) (46,205)
Excess tax benefits from stock-based compensation 0 11,905 27,553
Purchase of treasury stock (605,431) (789,773) (1,400,071)
Cash dividends paid (304,473) (302,971) (306,474)
Net cash used in financing activities (867,148) (775,639) (108,756)
Exchange rate effect on cash and cash equivalents 9,404 (2,170) (20,503)
NET CHANGE IN CASH AND CASH EQUIVALENTS: 52,730 (15,990) 63,492
Cash and cash equivalents at beginning of year 274,146 290,136 226,644
Cash and cash equivalents at end of year 326,876 274,146 290,136
Supplemental cash flow information:      
Cash payments for interest (net of amounts capitalized) 78,043 63,143 31,591
Cash payments for income taxes $ 334,647 $ 359,506 $ 442,486