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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Cash received from customers $ 2,684,248 $ 2,699,401 $ 2,886,489
Cash paid to suppliers and employees (2,240,486) (2,408,043) (2,127,939)
Interest paid, net (47,489) (24,435) (2,251)
Income tax payments, net (129,593) (158,259) (134,683)
Dividend proceeds and miscellaneous receipts, net 100,101 68,184 35,282
Proceeds from forward foreign exchange contracts, net 8,162 17,599 12,566
Net cash provided by operating activities 374,943 194,447 669,464
Cash flows from investing activities:      
Payments for purchases of property, plant and equipment (156,680) (112,782) (133,746)
Proceeds from dispositions of property, plant and equipment 211 161 52
Proceeds from divestiture of a division 2,500 1,360 0
Payments for acquisitions, net of cash received 0 (100,746) (125,516)
Payments for purchases of intangible assets 0 (1,375) 0
Payments for investment in loan receivable 0 0 (453,440)
Payments for purchases of marketable securities and investments (689,041) (2,060,238) (851,627)
Proceeds from sales of marketable securities and investments 501,939 708,214 425,537
Proceeds from maturities of marketable securities and investments 361,279 357,813 341,359
Net cash provided by (used in) investing activities 20,208 (1,207,593) (797,381)
Cash flows from financing activities:      
Proceeds from issuance of Notes, net of debt financing costs 0 1,186,220 0
Payments on long-term borrowings (467) (510) (3,020)
Proceeds from issuance of common stock and from reissuance of treasury stock under the employee stock purchase plan and upon exercise of stock options 18,484 17,560 20,632
Tax payments from net share settlement (14,936) (13,967) (22,482)
Payments for purchases of treasury stock (428,728) (215,679) (49,998)
Payments of contingent consideration 0 (48) (561)
Net cash (used in) provided by financing activities (425,647) 973,576 (55,429)
Effect of foreign exchange rate changes on cash 321 2,981 (12,636)
Net decrease in cash, cash equivalents and restricted cash (30,175) (36,589) (195,982)
Cash, cash equivalents and restricted cash at beginning of year 434,544 471,133 667,115
Cash, cash equivalents and restricted cash at end of year 404,369 434,544 471,133
Cash and cash equivalents 403,815 434,215 470,783
Restricted cash included in Other current assets 151 13 14
Restricted cash included in Other assets 403 316 336
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows $ 404,369 $ 434,544 $ 471,133