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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 16, 2016
Jul. 18, 2015
CASH FLOWS PROVIDED BY (DISBURSED FOR) OPERATING ACTIVITIES:    
Net income $ 110,518 $ 113,149
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 11,306 10,808
Loss reclassified from accumulated other comprehensive income to net income 3,030 4,481
Depreciation and amortization 76,065 70,285
Deferred income taxes (3,528) 6,346
Impairment of assets   2,275
Provision for inventory obsolescence 675 678
Allowances for accounts receivable 2,411 2,053
Pension and postretirement plans expense (income) 1,607 (3,275)
Other (3,730) (1,256)
Qualified pension plan contributions   (7,500)
Changes in operating assets and liabilities, net of acquisitions and disposals:    
Accounts receivable, net (26,090) (26,590)
Inventories, net (1,854) (6,589)
Hedging activities, net 1,040 463
Other assets 3,617 3,370
Accounts payable 7,912 30,063
Other accrued liabilities 10,878 17,173
NET CASH PROVIDED BY OPERATING ACTIVITIES 193,857 215,934
CASH FLOWS PROVIDED BY (DISBURSED FOR) INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (41,722) (40,573)
Proceeds from sale of property, plant and equipment 1,965 10,008
Repurchase of independent distributor territories (10,930) (11,428)
Principal payments from notes receivable 13,939 13,624
Acquisition of intangible assets   (5,000)
NET CASH DISBURSED FOR INVESTING ACTIVITIES (36,748) (33,369)
CASH FLOWS PROVIDED BY (DISBURSED FOR) FINANCING ACTIVITIES:    
Dividends paid, including dividends on share-based payment awards (64,609) (59,181)
Exercise of stock options 10,478 2,795
Excess windfall tax benefit related to share-based payment awards 2,126 2,301
Payments for financing fees (624) (486)
Stock repurchases, including accelerated stock repurchases (126,298) (6,858)
Change in bank overdrafts (4,718) (14,115)
Proceeds from debt borrowings 1,359,100 401,000
Debt and capital lease obligation payments (1,335,350) (469,000)
NET CASH DISBURSED FOR FINANCING ACTIVITIES (159,895) (143,544)
Net (decrease) increase in cash and cash equivalents (2,786) 39,021
Cash and cash equivalents at beginning of period 14,378 7,523
Cash and cash equivalents at end of period $ 11,592 $ 46,544