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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Net Income $ 318,227 $ 273,313
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation 177,412 162,925
Amortization 33,373 33,407
Stock-based compensation 36,772 37,962
Provision (release) for CECL 516 (1,221)
Loss (gain) on disposition of fixed assets 77 (462)
Net gain on remeasurement of equity securities (845) (1,495)
Deferred income taxes (31,851) (11,653)
Defined benefit plan expense 10,232 9,296
Equity in results of affiliates (6,142) 168
Gain on remeasurement of equity method investment (26,518) 0
Changes in balance sheet items, excluding effects from foreign currency adjustments:    
Accounts and other receivables (66,812) (24,054)
Inventories (22,782) 22,653
Prepaid and other current assets (28,064) (13,970)
Accounts payable, accrued and other liabilities 6,950 (14,371)
Income taxes payable (1,281) 6,672
Retirement and deferred compensation plan liabilities (5,891) (3,832)
Retirement and deferred compensation plan assets (7,314) (3,038)
Other changes, net 247 (7,126)
Net Cash Provided by Operations 386,306 465,174
Cash Flows from Investing Activities:    
Capital expenditures (183,600) (210,416)
Proceeds from government grants 3,308 0
Proceeds from sale of property, plant and equipment 2,103 1,020
Maturities and (purchases) of short-term investments, net 2,813 (2,242)
Acquisition of businesses, net of cash acquired (28,221) 0
Acquisition of intangible assets, net (4,301) (13,242)
Investment in equity securities (7,258) 0
Notes receivable, net 37 (776)
Net Cash Used by Investing Activities (215,119) (225,656)
Cash Flows from Financing Activities:    
Proceeds from notes payable and overdrafts 2,105 22,302
Repayments of notes payable and overdrafts (1,946) (23,184)
Proceeds of short-term revolving credit facility, net 144,620 138,058
Proceeds from long-term obligations 1,204 168,614
Repayments of long-term obligations (36,490) (372,393)
Dividends paid (89,287) (84,108)
Proceeds from stock option exercises 14,869 44,364
Purchase of treasury stock (190,005) (31,303)
Redeemable noncontrolling interest 703 0
Net Cash Used by Financing Activities (154,227) (137,650)
Effect of Exchange Rate Changes on Cash 16,253 13
Net Increase in Cash and Equivalents and Restricted Cash 33,213 101,881
Cash and Equivalents and Restricted Cash at Beginning of Period 223,844 223,643
Cash and Equivalents and Restricted Cash at End of Period $ 257,057 $ 325,524