XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Cash flows relating to operating activities    
Net income $ 239,038 $ 291,418
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 259,637 233,610
Stock-based compensation 52,656 52,527
Deferred income taxes (25,988) (28,251)
Long-lived asset impairment charges 17,339 26,202
(Gain) loss on venture capital & strategic equity investments, net (8,788) 9,246
Provision for credit losses 8,223 11,030
Loss on divestitures, net 659 995
Other, net 20,372 6,947
Changes in assets and liabilities:    
Trade receivables and contract assets, net 18,300 (59,081)
Inventories 13,789 (44,126)
Accounts payable (7,095) (26,531)
Accrued compensation (1,981) 28,438
Deferred revenue 13,583 (9,997)
Customer contract deposits 14,707 (21,534)
Other assets and liabilities, net (39,236) (7,938)
Net cash provided by operating activities 575,215 462,955
Cash flows relating to investing activities    
Acquisition of businesses and assets, net of cash acquired (5,479) (50,166)
Capital expenditures (157,351) (240,205)
Purchases of investments and contributions to venture capital investments (45,264) (36,322)
Proceeds from sale of investments 39,470 3,953
Other, net (358) (2,044)
Net cash used in investing activities (168,982) (324,784)
Cash flows relating to financing activities    
Proceeds from long-term debt and revolving credit facility 976,783 333,034
Proceeds from exercises of stock options 23,110 19,658
Payments on long-term debt, revolving credit facility, and finance lease obligations (1,316,990) (530,909)
Purchase of treasury stock (119,051) (24,016)
Payments of contingent consideration 0 (2,711)
Purchase of remaining equity interest of other redeemable noncontrolling interest (12,000) 0
Other, net (26,900) (4,145)
Net cash used in financing activities (475,048) (209,089)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (4,025) (4,680)
Net change in cash, cash equivalents, and restricted cash (72,840) (75,598)
Cash, cash equivalents, and restricted cash, beginning of period 284,480 241,214
Cash, cash equivalents, and restricted cash, end of period $ 211,640 $ 165,616