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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Jan. 01, 2023
Jan. 02, 2022
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 914,373 $ 470,746 $ 619,337
Operating activities:      
Net income 693,094 569,179 943,157
Income (Loss) from discontinued operations and dispositions (513,591) (56,503) (53,721)
Income from continuing operations 179,503 512,676 889,436
Adjustments to reconcile net income from continuing operations to net cash provided by continuing operations:      
Restructuring and other costs, net 26,601 (13,580) (14,358)
Depreciation and amortization 431,769 427,000 311,443
Stock-based compensation 41,410 51,518 29,675
Pension and other post-retirement expense (income) 23,089 (23,104) (28,509)
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 4,168 (1,377) 3,119
Deferred taxes (123,664) (105,923) (55,328)
Contingencies and Non-Cash Tax Matters 26,183 (1,488) 1,924
Amortization of deferred debt issuance costs, interest rate hedge and accretion of discounts 7,349 7,310 4,962
Gain on disposition of businesses and assets, net 0 (2,887) (1,970)
Amortization of acquired inventory revaluation 0 45,289 35,201
Asset Impairment Charges 0 0 3,868
Change in fair value of financial securities 33,921 15,754 (10,985)
Debt Extinguishment Income (3,685) (2,880) 0
Unrealized Foreign Exchange Loss 24,089 0 0
Changes in assets and liabilities which (used) provided cash, excluding effects from companies purchased and divested:      
Accounts receivable, net (8,997) 66,093 165,590
Inventories, net (14,109) (48,634) 32,280
Accounts payable (76,426) (43,804) (7,577)
Accrued expenses and other (291,814) (236,623) (57,303)
Net cash provided by operating activities of continuing operations 279,387 672,500 1,330,184
Net cash (used in) provided by operating activities of discontinued operations (188,115) 7,310 80,566
Net cash provided by operating activities 91,272 679,810 1,410,750
Investing activities:      
Capital expenditures (81,368) (85,632) (86,020)
Payments to Acquire Investments (6,300) (47,181) (23,130)
Payments to Acquire Intangible Assets (1,221,609) 0 0
Proceeds from Collection of Notes Receivable 0 8,890 0
Proceeds from Divestiture of Businesses 153 14,505 1,569
Proceeds from surrender of life insurance policies 550,000 0 0
Cash paid for acquisitions, net of cash acquired (2,086) (7,518) (3,982,216)
Net cash used in investing activities of continuing operations (761,210) (116,936) (4,089,797)
Net cash provided by (used in) investing activities of discontinued operations 2,074,734 (15,915) (22,961)
Net cash provided by (used in) investing activities 1,313,524 (132,851) (4,112,758)
Financing activities:      
Payments on revolving credit facility 0 (740,000) (1,559,133)
Proceeds from Long-term Lines of Credit 0 240,000 1,900,282
Payments of Senior Debt (523,808) (57,876) (339,605)
Proceeds from sale of senior debt 0 0 3,086,095
Payments of debt financing and equity issuance costs (15) 0 (30,983)
Proceeds from (Repayments of) Other Debt 6,323 (1,292) (13,670)
Settlement of cash flow hedges 0 (762) (4,482)
Settlement of swaps 0 0 14,314
Payments for acquisition-related contingent consideration (10,117) (5) (2,208)
Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised 4,344 14,114 25,120
Purchases of common stock (388,882) (80,638) (73,072)
Dividends paid (34,966) (35,344) (32,373)
Net cash (used in) provided by financing activities (947,121) (661,803) 2,941,657
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (14,048) (33,747) (22,926)
Net increase (decrease) in cash, cash equivalents and restricted cash 443,627 (148,591) 216,723
Cash and cash equivalents at beginning of year 454,358 603,320  
Restricted Cash, Current 1,210 1,040 1,018
Restricted Cash, Noncurrent 0 349 0
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents 0 14,999 14,999
Cash and cash equivalents at end of year 913,163 454,358 603,320
Supplemental disclosures of cash flow information      
Interest Paid, Excluding Capitalized Interest, Operating Activities 94,008 97,934 54,120
Income taxes 359,800 323,077 364,565
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]      
Consideration receivable from sale of Business 241,353 0 0
Equity issued for business combination, net of issuance costs $ 0 $ 0 $ 2,638,144