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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
May 31, 2020
May 31, 2019
Cash flows from (used by) operating activities:    
Net earnings $ 211,880 $ 111,982
Adjustments to reconcile net earnings to cash flows from (used by) operating activities:    
Depreciation and amortization 124,104 117,617
Deferred income taxes and other long-term taxes 47,761 36,367
Stock-based compensation 21,975 17,350
Amortization of acquired unfavorable contract backlog (18,676) (58,202)
Asset impairments 6,513 15
Net gain on disposals of subsidiaries, assets and other (5,476) (1,334)
Other 1,933 651
Changes in operating assets and liabilities 141,819 (75,422)
Beneficial interest in securitized accounts receivable 0 (367,521)
Net cash flows from (used by) operating activities 531,833 (218,497)
Cash flows from (used by) investing activities:    
Capital expenditures (134,092) (91,753)
Proceeds from the sale of property, plant and equipment 14,091 2,503
Proceeds from insurance, sale of discontinued operations and other 974 6,298
Acquisitions, net of cash acquired (9,850) (700,941)
Beneficial interest in securitized accounts receivable 0 367,521
Net cash flows used by investing activities: (128,877) (416,372)
Cash flows from (used by) financing activities:    
Proceeds from issuance of long-term debt 22,566 180,000
Repayments of long-term debt (110,470) (24,138)
Proceeds from accounts receivable programs 171,133 223,143
Repayments under accounts receivable programs (171,285) (209,363)
Dividends (42,768) (42,387)
Stock issued under incentive and purchase plans, net of forfeitures (1,921) (2,364)
Contribution from noncontrolling interests 16 10
Net cash flows from (used by) financing activities (132,729) 124,901
Effect of exchange rate changes on cash 210 (341)
Increase (decrease) in cash, restricted cash and cash equivalents 270,437 (510,309)
Cash, restricted cash and cash equivalents at beginning of period 464,166 122,306
Cash, restricted cash and cash equivalents at end of period 464,166 122,306
Supplemental information:    
Cash paid for income taxes 29,566 6,852
Cash paid for interest 49,159 53,773
Noncash activities:    
Liabilities related to additions of property, plant and equipment $ 31,881 $ 37,602