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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Dec. 29, 2018
Operating activities:          
Net income $ 187,776 $ 171,421 $ 421,230 $ 391,463  
Adjustments to reconcile net income to net cash from operating activities:          
Depreciation     71,612 70,910  
Amortization of acquisition intangibles     18,709 20,544  
Other amortization     7,521 7,860  
Amortization of debt issuance costs     7,021 6,951  
Stock compensation expense     8,794 4,621  
Deferred taxes     (3,661) (3,451)  
Other     8,737 (719)  
Changes in assets and liabilities, net of acquisition of business:          
Accounts receivable     (170,348) (156,509)  
Inventories     (72,096) (278,962)  
Other assets     (40,732) 42,122  
Accounts payable     (11,969) 116,189  
Accrued pension and postretirement benefits     (14,361) (4,840)  
Accrued liabilities and other     14,243 (74,890)  
Net cash from operating activities     244,700 141,289  
Investing activities:          
Capital expenditures     (79,950) (63,472)  
Proceeds from sales of assets     3,530 1,779  
Acquisition of business, net of cash acquired     (21,360) (334,916)  
Net cash from investing activities     (97,780) (396,609)  
Financing activities:          
Borrowings on notes payable     250,712 217,709  
Repayments on notes payable     (252,084) (217,987)  
Borrowings on Accounts Receivable Securitization Facility     207,105 191,896  
Repayments on Accounts Receivable Securitization Facility     (160,110) (95,126)  
Borrowings on Revolving Loan Facilities     2,584,277 2,841,860  
Repayments on Revolving Loan Facilities     (2,585,592) (2,488,500)  
Repayments on Term Loan Facilities     (152,248) (22,500)  
Borrowings on International Debt     27,680 0  
Repayments on International Debt     (41,424) (1,105)  
Cash dividends paid     (162,689) (162,200)  
Payments to amend and refinance credit facilities     (1,098) (633)  
Payment of contingent consideration     0 (3,540)  
Taxes paid related to net shares settlement of equity awards     (1,523) (5,778)  
Other     1,378 486  
Net cash from financing activities     (285,616) 254,582  
Effect of changes in foreign exchange rates on cash     1,008 879  
Change in cash, cash equivalents and restricted cash     (137,688) 141  
Cash, cash equivalents and restricted cash at beginning of year     455,732 421,566 $ 421,566
Cash, cash equivalents and restricted cash at end of period 318,044 421,707 318,044 421,707 455,732
Less restricted cash at end of period 1,020 23,208 1,020 23,208  
Cash and cash equivalents per balance sheet at end of period $ 317,024 $ 398,499 317,024 $ 398,499 433,022
Capital expenditures included in accounts payable     $ 7,913   $ 20,275