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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Operating activities:    
Net income $ 220,042 $ 243,149
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization of long-lived assets 65,493 58,095
Write-off on early extinguishment of debt 0 1,559
Amortization of debt issuance costs 4,627 5,437
Stock compensation expense 3,033 4,388
Deferred taxes and other (6,709) 6,543
Changes in assets and liabilities, net of acquisition of business:    
Accounts receivable (81,512) (79,429)
Inventories (244,743) (130,554)
Other assets (6,193) (48,901)
Accounts payable 68,777 9,019
Accrued pension and postretirement benefits (7,438) 11,025
Accrued liabilities and other (79,775) (46,081)
Net cash from operating activities (64,398) 34,250
Investing activities:    
Purchases of property, plant and equipment (40,640) (30,838)
Proceeds from sales of assets 1,840 4,378
Acquisition of business, net of cash acquired (334,916) (524)
Disposition of businesses 0 40,285
Net cash from investing activities (373,716) 13,301
Financing activities:    
Borrowings on notes payable 153,901 141,384
Repayments on notes payable (153,772) (128,987)
Borrowings on Accounts Receivable Securitization Facility 114,477 262,216
Repayments on Accounts Receivable Securitization Facility (86,300) (103,128)
Borrowings on Revolving Loan Facilities 2,025,860 2,147,299
Repayments on Revolving Loan Facilities (1,498,000) (1,747,500)
Repayments on Term Loan Facilities (21,250) (128,215)
Repayments on International Debt (1,105) (43,141)
Share repurchases 0 (299,919)
Cash dividends paid (108,115) (110,529)
Payment of contingent consideration (3,540) (41,250)
Taxes paid related to net shares settlement of equity awards (4,185) (6,228)
Other (88) 2,787
Net cash from financing activities 417,883 (55,211)
Effect of changes in foreign exchange rates on cash 20,176 (3,170)
Change in cash, cash equivalents and restricted cash (55) (10,830)
Cash and cash equivalents at beginning of year 421,566 460,245
Cash, cash equivalents and restricted cash at end of period 421,511 449,415
Less restricted cash at end of period 23,540 0
Cash and cash equivalents per balance sheet at end of period $ 397,971 $ 449,415