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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net earnings $ 610,839,000 $ 603,984,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 37,709,000 36,406,000
Amortization 54,649,000 54,135,000
Deferred tax benefit (5,061,000) (4,455,000)
Share-based compensation 13,622,000 12,450,000
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 22,616,000 61,978,000
Inventories 8,834,000 59,409,000
Other current assets (1,775,000) 14,679,000
Trade accounts payable (7,807,000) (70,562,000)
Taxes payable 5,693,000 16,726,000
Increase (Decrease) in Other Operating Assets and Liabilities, Net (14,178,000) (100,381,000)
Net cash provided by operating activities 702,159,000 684,369,000
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 733,000 668,000
Purchase of property, plant and equipment (62,622,000) (72,907,000)
Proceeds from government funding 0 2,596,000
Acquisitions (2,473,000) (613,000)
Net cash used in investing activities (68,410,000) (96,193,000)
Cash flows from financing activities:    
Proceeds from borrowings 1,561,649,000 1,569,973,000
Repayments of borrowings (1,576,862,000) (1,467,228,000)
Proceeds from stock option exercises 22,339,000 19,234,000
Repurchases of common stock (637,497,000) (723,998,000)
Payment for Contingent Consideration Liability, Financing Activities 0 7,767,000
Proceeds from (Payments for) Other Financing Activities (1,913,000) (826,000)
Net cash used in financing activities (632,284,000) (610,612,000)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations 302,000 (3,855,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1,767,000 (26,291,000)
Beginning of period 69,807,000 95,966,000
End of period 71,574,000 69,675,000
Cash and cash equivalents: 1,767,000 (26,291,000)
Beginning of period 69,807,000 95,966,000
End of period $ 71,574,000 $ 69,675,000