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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 25, 2021
Sep. 26, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 405,358 $ 189,125
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation 61,741 47,226
Amortization of intangibles 9,369 5,863
Expense associated with share-based and grant compensation arrangements 8,444 3,152
Deferred income taxes (594) 110
Unrealized loss (gain) on investments and other (1,756) (81)
Equity in earnings of investee 2,411  
Net gain on sale and disposition of assets (10,482) (662)
Changes in:    
Accounts receivable (141,088) (211,238)
Inventories (204,144) (39,167)
Accounts payable and cash overdraft 53,437 85,354
Accrued liabilities and other 99,067 105,401
NET CASH PROVIDED BY OPERATING ACTIVITIES 281,763 185,083
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (110,092) (67,024)
Proceeds from sale of property, plant and equipment 26,597 2,588
Acquisitions and purchases of non-controlling interest, net of cash received (433,275) (34,820)
Purchases of investments (17,866) (24,266)
Proceeds from sale of investments 9,857 22,281
Other (3,478) 314
NET CASH USED IN INVESTING ACTIVITIES (528,257) (100,927)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facilities 886,966 6,862
Repayments under revolving credit facilities (888,335) (6,498)
Contingent consideration payments and other (2,664) (3,087)
Issuance of long-term debt   150,000
Proceeds from issuance of common stock 1,519 1,042
Dividends paid to shareholders (27,831) (23,020)
Distributions to noncontrolling interest (2,914) (932)
Repurchase of common stock   (29,212)
Other (334) 23
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (33,593) 95,178
Effect of exchange rate changes on cash (292) (1,122)
NET CHANGE IN CASH AND CASH EQUIVALENTS (280,379) 178,212
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF YEAR 436,608 168,666
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD $ 156,229 $ 346,878