XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities:    
Net Income $ 144,177 $ 154,256
Adjustments to reconcile net income to net cash flows used for operating activities:    
Depreciation 177,939 173,026
Amortization 19,577 24,396
Deferred income taxes (38,424) (14,551)
Share-based compensation 38,744 41,130
(Decrease) increase from changes in assets and liabilities, net of acquired assets and liabilities:    
Accounts receivable (389,550) (411,829)
Inventories (311,141) (349,476)
Prepaid expenses and other current assets 25,292 (24,369)
Accounts payable, accrued liabilities, and income taxes payable 42,006 180,969
Other, net (39,966) 4,110
Net cash flows used for operating activities (331,346) (222,338)
Cash Flows From Investing Activities:    
Purchases of tools, dies, and molds (101,562) (95,751)
Purchases of other property, plant, and equipment (77,586) (74,856)
Payments for acquisitions (33,154) 0
Proceeds from (payments for) foreign currency forward exchange contracts 6,228 (68,443)
Other, net 1,349 33,091
Net cash flows used for investing activities (204,725) (205,959)
Cash Flows From Financing Activities:    
Payments of short-term borrowings, net (83,914) 0
Proceeds from short-term borrowings, net 67,000 161,008
Proceeds from long-term borrowings, net 350,000 0
Payments of dividends on common stock (388,518) (386,102)
Proceeds from exercise of stock options 28,531 10,458
Other, net (16,341) (15,330)
Net cash flows used for financing activities (43,242) (229,966)
Effect of Currency Exchange Rate Changes on Cash (16,412) (23,690)
Decrease in Cash and Equivalents (595,725) (681,953)
Cash and Equivalents at Beginning of Period 892,814 971,650
Cash and Equivalents at End of Period $ 297,089 $ 289,697