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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net earnings $ 331,425 $ 298,996
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 27,889 24,421
Amortization 35,561 31,010
Deferred tax benefit (11,901) (7,754)
Share-based compensation 12,505 11,823
Gain on facility sale 0 (3,394)
Other (2,706) 227
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 26,017 1,891
Inventories (26,224) (23,596)
Other current assets 863 (2,526)
Trade accounts payable (7,753) (5,857)
Taxes payable 13,482 11,386
Accruals and other (32,725) 14,608
Net cash provided by operating activities 366,433 351,235
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 7,809 10,437
Purchase of property, plant and equipment (96,665) (85,826)
Acquisitions (4,962) (108,445)
Payments for (Proceeds from) Derivative Instrument, Investing Activities (780) 3,716
Net cash used in investing activities (94,598) (180,118)
Cash flows from financing activities:    
Proceeds from borrowings 772,274 985,694
Repayments of borrowings (703,704) (834,061)
Proceeds from stock option exercises 14,777 23,315
Repurchases of common stock (356,249) (334,998)
Proceeds from (Payments for) Other Financing Activities (1,664) (7,205)
Net cash used in financing activities (274,566) (167,255)
Effect of exchange rate changes on cash and cash equivalents (8,508) 6,550
Net (decrease) increase in cash and cash equivalents (11,239) 10,412
Cash and cash equivalents:    
Beginning of period 148,687 158,674
End of period $ 137,448 $ 169,086