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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities:      
Net income (loss) $ (145,170) $ 91,650 $ 163,516
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 294,595 263,325 230,928
Impairment charges 428,500 260,000 308
Equity-based compensation 22,604 14,016 15,504
Deferred income taxes (99,323) (25,042) 30,737
Loss on disposal of assets 9,763 5,561 1,082
Changes in certain assets and liabilities:      
Accounts receivable 311,302 (2,191) (78,237)
Inventories 488,003 68,730 (108,025)
Other assets 3,284 3,064 13,705
Accounts payable (227,092) (76,141) 40,141
Income taxes receivable/payable 12,706 (22,086) (12,494)
Accrued expenses (60,689) 36,686 15,010
Net cash provided by operating activities 1,038,483 617,572 312,175
Investing activities:      
Purchases of property, plant and equipment (114,501) (111,785) (186,843)
Proceeds from maturities of short-term commercial paper, net     31,520
Acquisition of business, net of cash acquired (45,000) (1,669,449)  
Other investing activities 9,874 33,967 2,478
Net cash used in investing activities (149,627) (1,747,267) (152,845)
Financing activities:      
Issuance of current and long-term debt 207,930 1,822,096 423,965
Repayments of current and long-term debt (612,534) (635,578) (517,978)
Proceeds from exercise of stock options, including related tax effect 10,781 32,307 37,508
Contributions from noncontrolling investors   5,418 17,860
Distributions to noncontrolling investors (1,187) (743) (439)
Dividends paid (127,569) (105,379) (94,812)
Debt issuance costs (608) (22,219) (6,195)
Net cash provided by (used in) financing activities (523,187) 1,095,902 (140,091)
Increase (decrease) in cash and equivalents 365,669 (33,793) 19,239
Cash and equivalents at beginning of year 361,363 395,156 375,917
Cash and equivalents at end of year $ 727,032 $ 361,363 $ 395,156