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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Dec. 26, 2015
Cash flows from operating activities:      
Net income $ 459,293 $ 556,395 $ 523,427
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 193,072 169,780 159,127
Loss on sale of equity investment 17,636 0 0
Stock-based compensation expense 42,294 58,246 44,614
Provision for losses on trade and other accounts receivable 9,370 2,647 3,184
Provision for (Benefit from) deferred income taxes 485 (37,066) (6,241)
Equity in earnings of affiliates (16,587) (18,518) (14,060)
Distributions from equity affiliates 23,157 20,351 18,029
Changes in unrecognized tax benefits (2,318) 6,013 6,494
Provision for transitional tax 140,000 0 0
Other 10,921 12,595 12,902
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (159,876) (1,904) (120,001)
Inventories (175,059) (104,787) (194,869)
Other current assets (85,759) (22,657) (58,376)
Accounts payable and accrued expenses 88,886 1,481 241,270
Net cash provided by operating activities 545,515 642,576 615,500
Cash flows from investing activities:      
Purchases of fixed assets (81,501) (70,179) (71,684)
Payments related to equity investments and business acquisitions, net of cash acquired (288,673) (228,575) (171,861)
Proceeds from sale of equity investment 34,048 0 0
Proceeds from sales of available-for-sale securities 0 0 20
Other (6,150) (17,668) (16,506)
Net cash used in investing activities (342,276) (316,422) (260,031)
Cash flows from financing activities:      
Proceeds from bank borrowings 302,941 98,748 145,173
Proceeds from issuance of long-term debt 200,440 260,799 135,000
Debt issuance costs (1,990) (233) (150)
Principal payments for long-term debt (60,050) (15,381) (201,203)
Proceeds from issuance of stock upon exercise of stock options 5,266 11,404 14,870
Payments for repurchases of common stock (450,000) (550,024) (299,852)
Payments for taxes related to shares withheld for employee taxes (44,832) (27,115) (28,659)
Excess tax benefits related to stock-based compensation 0 (463) 2,199
Distributions to noncontrolling stockholders (29,134) (32,350) (33,301)
Acquisitions of noncontrolling interests in subsidiaries (35,192) (72,729) (82,107)
Net cash used in financing activities (112,551) (327,344) (348,030)
Effect of exchange rate changes on cash and cash equivalents 21,589 (8,515) (24,827)
Net change in cash and cash equivalents 112,277 (9,705) (17,388)
Cash and cash equivalents, beginning of period 62,381 72,086 89,474
Cash and cash equivalents, end of period $ 174,658 $ 62,381 $ 72,086