XML 20 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Cash received from customers $ 2,531,135 $ 2,311,925 $ 2,326,310
Cash paid to suppliers and employees (1,886,988) (1,818,575) (1,989,685)
Interest paid, net (21,639) (22,330) (22,703)
Income tax payments, net (65,244) (45,081) (62,414)
Investment proceeds and miscellaneous receipts, net 21,488 31,673 26,383
(Payments for) proceeds from foreign exchange contracts, net (3,424) 285 7,603
Net cash provided by operating activities 575,328 457,897 285,494
Cash flows from investing activities:      
Capital expenditures (98,920) (98,532) (129,825)
Proceeds from dispositions of property, plant and equipment 70 129 4,315
Proceeds from Divestiture of a Division 12,240 0 6,964
Cash Acquired from Acquisition     266
Payments for Previous Acquisition (96,655) (79,386)  
Recovery of (payments for) purchases of intangible assets 3,414 8,818 (3)
Payments for purchases of marketable securities and investments (248,457) (371,450) (371,019)
Proceeds from sales of marketable securities and investments 89,734 104,632 77,029
Proceeds from maturities of marketable securities and investments 278,324 226,900 225,295
Net cash used in investing activities (60,250) (208,889) (186,978)
Cash flows from financing activities:      
Payments on long-term borrowings (426,938) (643) (2,961)
Payments for credit agreement renewal fees 0 (486) 0
Proceeds from issuance of common shares for share-based compensation 20,198 13,113 14,133
Tax payments from net share settlement (12,930) (8,096) (8,862)
Proceeds from Reissuance of Treasury Stock 0 3,831 0
Payments for purchases of treasury stock (100,004) (28,000) (48,912)
Payments of contingent consideration (3,367) (2,477) (2,078)
Net cash used in financing activities (523,041) (22,758) (48,680)
Effect of foreign exchange rate changes on cash 12,427 2,237 (655)
Net increase in cash, cash equivalents and restricted cash 4,464 228,487 49,181
Beginning Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 662,651 434,164 384,983
Cash and cash equivalents 662,205 660,672 431,526
Restricted Cash included in Other current assets 3,994 93 111
Restricted Cash included in Other assets 916 1,886 2,527
Ending Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 667,115 $ 662,651 $ 434,164