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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings (loss) $ 475,006 $ 647,543 $ 823,026
Adjustments to reconcile net earnings to cash provided (utilized) by operating activities:      
Loss from discontinued operations, net of taxes 5,658 204,551  
Pension settlement charge 239,896    
Depreciation of fixed assets 188,700 191,701 206,331
Amortization of intangibles 1,038 893 767
Loss (gain) on sale of equity method investments   2,158 (2,370)
(Earnings) loss from equity method investments, net of distributions (1,597) 1,295 15,030
Gain related to a partial sale of a subsidiary (68,162)    
Gain on sale of property, plant and equipment (31,272) (33,878) (24,509)
Amortization of stock-based awards 61,053 48,232 42,909
Deferred compensation trust 44,298 (16,614) (55,504)
Deferred compensation obligation (6,854) 14,755 56,550
Statute expirations and tax settlements (7,827) (19,331)  
Deferred taxes 4,675 62,084 (29,708)
Excess tax benefit from stock-based plans   (4,089) (6,668)
Net retirement plan accrual (contributions) (37,805) (40,093) 10,586
Changes in operating assets and liabilities 303,896 (408,861) (261,596)
Cash outflows from discontinued operations (316,195) (8,058)  
Other items (5,376) 286 14,062
Cash provided by operating activities 849,132 642,574 788,906
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of marketable securities (386,021) (410,508) (492,633)
Proceeds from the sales and maturities of marketable securities 411,380 419,398 482,376
Capital expenditures (240,220) (324,704) (288,487)
Proceeds from disposal of property, plant and equipment 94,323 105,872 74,028
Proceeds from sale of buildings 82,082    
Proceeds from a partial sale of a subsidiary 45,566    
Proceeds from sales of equity method investments   44,000 3,005
Investments in partnerships and joint ventures (91,078) (38,687) (27,057)
Consolidation of a variable interest entity     24,675
Acquisitions     (23,075)
Other items 17,461 5,514 12,558
Cash utilized by investing activities (66,507) (199,115) (234,610)
CASH FLOWS FROM FINANCING ACTIVITIES      
Repurchase of common stock (509,658) (906,083) (200,052)
Dividends paid (125,204) (126,218) (78,716)
Proceeds from issuance of 3.5% Senior Notes   494,595  
Debt and credit facility issuance costs   (7,685)  
Distributions paid to noncontrolling interests (58,986) (138,041) (124,853)
Capital contributions by noncontrolling interests 5,254 3,336 1,697
Taxes paid on vested restricted stock (8,400) (11,475) (11,404)
Stock options exercised 1,780 24,189 52,838
Excess tax benefit from stock-based plans   4,089 6,668
Other items (4,591) (3,049) 10,688
Cash utilized by financing activities (728,230) (666,416) (369,569)
Effect of exchange rate changes on cash (97,634) (67,500) (55,686)
Increase (decrease in cash and cash equivalents (43,239) (290,457) 129,041
Cash and cash equivalents at beginning of year 1,993,125 2,283,582 2,154,541
Cash and cash equivalents at end of year 1,949,886 1,993,125 2,283,582
Convertible debt and other borrowings      
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayment of debt $ (28,425) $ (74) (8,640)
5.625% Municipal Bonds      
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayment of debt     $ (17,795)