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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net income $ 54,489 $ 65,273
Adjustments to reconcile net income to net cash (used)/provided by operating activities:    
Asset impairments 4,949 8,346
Depreciation, depletion and amortization 121,492 90,559
Share-based compensation expense 5,829 8,325
Equity in earnings of affiliated companies, net (1,921) (1,137)
Cash dividends from affiliated companies 0 41
Net loss on disposition of assets 277 18
Net loss on divestiture of business and other assets 4,183 0
Pension and postretirement plan expense 4,357 4,104
Pension and postretirement plan contributions (4,223) (3,989)
Net decrease in deferred tax liabilities (3,720) (4,869)
Change in assets and liabilities, net of effects from acquisitions, divestitures and foreign currency adjustments:    
Trade accounts receivable (64,292) (43,334)
Inventories (110,177) 18,407
Payable to suppliers (134,906) 25,697
Prepaid expenses (901) (3,572)
Income taxes payable and other income tax items 16,703 9,436
Accrued expenses and other assets and liabilities (100,233) (7,070)
Net cash (used)/provided by operating activities (208,094) 166,235
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (92,657) (86,458)
Cost of acquisitions, net of cash acquired 0 (452)
Proceeds from the sale of business, net 3,513 0
Proceeds from the sale of assets, net 474 101
Other net investing activities 88 5,077
Net cash used by investing activities (88,582) (81,732)
Cash Flows from Financing Activities:    
Proceeds from issuance of debt 24,535 19,674
Principal repayment of debt (473,293) (21,448)
Net change in commercial paper 528,000 0
Net increase/(decrease) in book cash overdrafts 12,448 (1,614)
Dividends paid to noncontrolling interests (243) 0
Cash dividends (51,285) (50,144)
Payments for share repurchases (10,573) (9,139)
Net cash provided/(used) by financing activities 29,589 (62,671)
Effects of Exchange Rate Changes on Cash 15,742 (1,556)
Net (Decrease)/Increase in Cash and Cash Equivalents (251,345) 20,276
Cash and cash equivalents at beginning of period 443,060 151,937
Cash and cash equivalents at end of period $ 191,715 $ 172,213