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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities of Continuing Operations      
Net earnings $ 508,892 $ 869,829 $ 775,235
Adjustments to reconcile net earnings to cash from operating activities:      
(Earnings) loss from discontinued operations, net 0 (273,948) 2,905
Depreciation and amortization 360,739 327,089 307,188
Stock-based compensation 21,015 30,697 31,628
Gain on sale of businesses (96,598) 0 0
Provision for losses on accounts receivable (net of recoveries) 10,641 5,946 4,730
Deferred income taxes (79,414) (5,916) (33,866)
Employee benefit plan expense 26,492 34,253 34,627
Contributions to employee benefit plans (25,691) (21,942) (24,232)
Other, net (34,718) (2,258) (21,813)
Cash effect of changes assets and liabilities (excluding effects of acquisitions, dispositions and foreign exchange):      
Accounts receivable (44,649) 37,916 (87,207)
Inventories 25,858 63,129 (63,717)
Prepaid expenses and other assets 2,589 (7,401) (18,527)
Accounts payable 58,695 42,925 60,176
Accrued compensation and employee benefits (12,596) (71,090) (17,731)
Accrued expenses and other liabilities 45,371 (19,765) 40,955
Accrued taxes 95,349 (60,405) (40,187)
Net cash provided by operating activities of continuing operations 861,975 949,059 950,164
Investing Activities of Continuing Operations      
Additions to property, plant and equipment (165,205) (154,251) (166,033)
Acquisitions (net of cash and cash equivalents acquired) (1,561,737) (567,843) (802,254)
Proceeds from the sale of property, plant and equipment 17,749 14,604 14,373
Proceeds from the sale of businesses 206,407 689,314 191,348
Settlement of net investment hedge 0 (17,752) 0
Other (1,057) 1,350 (19,991)
Net cash used in investing activities of continuing operations (1,503,843) (34,578) (782,557)
Financing Activities of Continuing Operations      
Cash received from Knowles Corporation, net of cash distributed 0 0 359,955
Proceeds from long-term debt 656,399 394,300 0
Proceeds from exercise of share-based awards, including tax benefits 8,431 4,024 20,337
Change in commercial paper and notes payable, net 254,834 (327,000) 251,500
Repayment of long-term debt (2,017) (300,048) (6,566)
Dividends to stockholders (268,339) (257,969) (258,487)
Purchase of common stock 0 (600,164) (601,077)
Payments for employee tax obligations upon exercise of share-based awards (15,700) (5,029) (21,151)
Net cash provided by (used in) financing activities of continuing operations 633,608 (1,091,886) (255,489)
Cash Flows from Discontinued Operations      
Net cash (used in) provided by operating activities of discontinued operations 0 (113,946) 25,760
Net cash used in investing activities of discontinued operations 0 (1,984) (19,753)
Net cash (used in) provided by discontinued operations 0 (115,930) 6,007
Effect of exchange rate changes on cash and cash equivalents (4,779) (26,061) (40,426)
Net decrease in cash and cash equivalents (13,039) (319,396) (122,301)
Cash and cash equivalents at beginning of period 362,185 681,581 803,882
Cash and cash equivalents at end of period 349,146 362,185 681,581
Supplemental information - cash paid during the year for [Abstract]      
Income taxes 170,394 346,382 372,446
Interest $ 131,184 $ 128,151 $ 128,412