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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jan. 24, 2021
Jan. 26, 2020
Operating Activities    
Net Earnings $ 222,395 $ 242,953
Adjustments to Reconcile to Net Cash Provided by Operating Activities:    
Depreciation 41,395 41,194
Amortization 9,648 8,135
Equity in Earnings of Affiliates (14,228) (7,588)
Distributions Received from Equity Method Investees 11,250 10,000
Provision for Deferred Income Taxes 335 49
Loss (Gain) on Property/Equipment Sales and Plant Facilities 1,388 (23)
Non-cash Investment Activities (11,693) (12,761)
Stock-based Compensation Expense 7,781 9,298
Changes in Operating Assets and Liabilities, Net of Acquisitions:    
Decrease (Increase) in Accounts Receivable (3,444) 11,492
Decrease (Increase) in Inventories (11,876) (14,915)
Decrease (Increase) in Prepaid Expenses and Other Current Assets 17,634 (5,451)
Increase (Decrease) in Pension and Post-retirement Benefits 1,134 647
Increase (Decrease) in Accounts Payable and Accrued Expenses (124,092) (135,988)
Increase (Decrease) in Net Income Taxes Payable 58,059 41,376
Net Cash Provided by (Used in) Operating Activities 205,686 188,418
Investing Activities    
Net (Purchase) Sale of Securities (206) (16)
Purchases of Property and Equipment (40,363) (58,211)
Proceeds from Sales of Property and Equipment 1,461 1,114
Decrease (Increase) in Investments, Equity in Affiliates, and Other Assets (1,149) (4,509)
Proceeds from Company-owned Life Insurance 956 1,118
Net Cash Provided by (Used in) Investing Activities (39,301) (60,504)
Financing Activities    
Repayments of Long-term Debt and Finance Leases (2,165) (2,019)
Dividends Paid on Common Stock (125,516) (112,249)
Share Repurchase (8,837) 0
Proceeds from Exercise of Stock Options 1,765 36,353
Net Cash Provided by (Used in) Financing Activities (134,754) (77,915)
Effect of Exchange Rate Changes on Cash 5,600 1,519
Increase (Decrease) in Cash and Cash Equivalents 37,232 51,518
Cash and Cash Equivalents at Beginning of Year 1,714,309 672,901
Cash and Cash Equivalents at End of Quarter $ 1,751,541 $ 724,419