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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 145,979 $ 99,063
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,379 76,207
Impairment of equity method investments 0 39,551
(Gain On Disposal Of Business) And Impairment Of Net Assets Held for Sale (249) 15,023
Stock-based compensation expense 7,968 5,673
Loss on debt extinguishment 12,751 0
Other (2,721) (310)
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:    
Receivables, net (63,938) (205,029)
Inventories (7,522) 71,811
Prepaid income taxes/income taxes payable 41,585 42,917
Accounts payable (27,170) 23,291
Other operating assets and liabilities 16,501 9,028
Net cash provided by operating activities 194,563 177,225
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (44,538) (53,016)
Proceeds from disposals of property, plant and equipment 5,528 1,252
Acquisitions, net of cash acquired (7,220) (4,785)
Proceeds from disposal of businesses, net of cash sold 1,763 0
Other investing activities, net (405) (1,235)
Net cash used in investing activities (44,872) (57,784)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Early-redemption premium (9,498) 0
Repayment of U.S. Notes (2023) (600,000) 0
Borrowings under revolving credit facilities 460,186 284,641
Repayments under revolving credit facilities (134,674) (312,339)
Repayments under term loans (4,375) (2,188)
Borrowings under receivables securitization facility 111,300 6,600
Repayments under receivables securitization facility (12,900) (36,910)
Repayments of other debt, net (49,481) (625)
Purchase of treasury stock (88,006) (70,462)
Other financing activities, net 7,291 1,448
Net cash used in financing activities (334,739) (132,731)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (11,746) (2,513)
Net decrease in cash, cash equivalents and restricted cash (196,794) (15,803)
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 332,784 316,066
Restricted cash included in Other noncurrent assets 5,279 5,381
Cash, cash equivalents and restricted cash, end of period 338,063 321,447
Supplemental disclosure of cash paid for:    
Income taxes, net of refunds 22,014 11,775
Interest 13,772 14,462
Supplemental disclosure of noncash investing and financing activities:    
Leased assets obtained in exchange for new finance lease liabilities 7,718 5,245
Leased assets obtained in exchange for new operating lease liabilities 21,433 28,563
Noncash property, plant and equipment additions 7,594 9,054
Notes payable and other financing obligations, including notes issued and debt assumed in connection with business acquisitions and disposals 6,136 8,424
Notes receivable acquired in connection with disposal of business 7,994 0
Contingent consideration liabilities $ 2,933 $ 0