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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings $ 264,469 $ 327,449 $ 475,006
Adjustments to reconcile net earnings to cash provided (utilized) by operating activities:      
Loss from discontinued operations, net of taxes     5,658
Pension settlement charge     239,896
Depreciation of fixed assets 206,113 211,095 188,700
Amortization of intangibles 19,156 14,818 1,038
(Earnings) loss from equity method investments, net of distributions 2,849 12,180 (1,597)
Gain related to a partial sale of a subsidiary     (68,162)
Gain on sale of property, plant and equipment (22,746) (21,604) (31,272)
Amortization of stock-based awards 40,669 40,086 61,053
Deferred compensation trust (49,539) (22,332) 44,298
Deferred compensation obligation 52,615 29,323 (6,854)
Statute expirations and tax settlements   (13,280) (7,827)
Deferred taxes 100,286 (7,912) 4,675
Net retirement plan accrual (contributions) (8,846) (1,756) (37,805)
Changes in operating assets and liabilities (11,899) 135,393 303,896
Cash outflows from discontinued operations     (316,195)
Other items 8,844 2,459 (5,376)
Cash provided by operating activities 601,971 705,919 849,132
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of marketable securities (237,360) (359,986) (386,021)
Proceeds from the sales and maturities of marketable securities 216,436 522,094 411,380
Capital expenditures (283,107) (235,904) (240,220)
Proceeds from disposal of property, plant and equipment 96,102 81,162 94,323
Proceeds from sale of buildings     82,082
Proceeds from a partial sale of a subsidiary     45,566
Investments in partnerships and joint ventures (273,117) (518,220) (91,078)
Acquisitions, net of cash acquired   (240,740)  
Other items (3,232) 10,243 17,461
Cash utilized by investing activities (484,278) (741,351) (66,507)
CASH FLOWS FROM FINANCING ACTIVITIES      
Repurchase of common stock   (9,718) (509,658)
Dividends paid (117,995) (117,995) (125,204)
Debt and credit facility issuance costs   (3,513)  
Borrowings under revolving lines of credit   882,142  
Repayment of borrowings under revolving lines of credit (53,455) (917,027)  
Distributions paid to noncontrolling interests (47,215) (57,904) (58,986)
Capital contributions by noncontrolling interests 6,397 9,072 5,254
Taxes paid on vested restricted stock (6,186) (7,007) (8,400)
Stock options exercised 9,380 3,658 1,780
Other items (6,428) (11,362) (4,591)
Cash utilized by financing activities (215,502) (10,350) (728,230)
Effect of exchange rate changes on cash 51,448 (53,668) (97,634)
Decrease in cash and cash equivalents (46,361) (99,450) (43,239)
Cash and cash equivalents at beginning of period 1,850,436 1,949,886 1,993,125
Cash and cash equivalents at end of period $ 1,804,075 1,850,436 1,949,886
1.750% Senior Notes      
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from issuance of 1.75% Senior Notes   552,958  
Convertible debt and notes payable      
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayment of Stork Notes, convertible debt and other borrowings   $ (333,654) $ (28,425)