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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Operating activities:    
Net income $ 175,740 $ 614,531
Loss (income) from discontinued operations, net of income taxes 18,948 (498,595)
Income from continuing operations 194,688 115,936
Adjustments to reconcile net income from continuing operations to net cash provided by continuing operations:    
Restructuring and other costs, net 22,119 15,936
Depreciation and amortization 322,816 326,201
Gain (Loss) on Extinguishment of Debt 0 (3,422)
Stock-based compensation 32,756 34,229
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 6,006 1,718
Amortization of deferred debt financing costs and accretion of discounts 5,051 5,800
Change in fair value of financial securities (13,975) 12,842
Unrealized Foreign Exchange (Gain) Loss Related to Proceed from Sale of Business (1,063) 23,679
Changes in operating assets and liabilities which provided (used) cash, excluding effects from companies purchased and divested:    
Accounts receivable, net 33,291 (30,913)
Inventories 26,817 (34,834)
Accounts payable (24,782) (85,394)
Increase (Decrease) in Accrued Expenses and Other (114,236) (322,995)
Net cash provided by operating activities of continuing operations 489,488 58,783
Net cash used in operating activities of discontinued operations (35,419) (164,124)
Net cash provided by (used in) operating activities 454,069 (105,341)
Investing activities:    
Capital expenditures (62,194) (57,252)
Purchases of investments and notes receivables (4,337) (6,000)
Proceeds from investments and notes receivables 2,500 0
Payments to Acquire Marketable Securities 0 831,219
Proceeds from Sale and Maturity of Marketable Securities 710,000 550,000
Proceeds from Divestiture of Businesses 0 153
Cash paid for acquisitions, net of cash acquired 0 (2,086)
Net cash provided by (used in) investing activities of continuing operations 645,969 (346,404)
Net cash provided by investing activities of discontinued operations 147,522 2,074,734
Net cash provided by investing activities 793,491 1,728,330
Financing activities:    
Repayments of Senior Debt (711,479) (517,973)
Payments of debt financing and equity issuance costs 0 (15)
Net payments on other credit facilities (10,771) 7,218
Payment for Contingent Consideration Liability, Financing Activities (8,832) (10,117)
Proceeds from issuance of common stock under stock plans 6,173 3,721
Purchases of common stock (184,421) (384,014)
Dividends paid (25,915) (26,327)
Net cash used in financing activities (935,245) (927,507)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4,120 (28,270)
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalent 316,435 667,212
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at beginning of period 914,373 470,746
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at end of period 1,230,808 1,137,958
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 1,229,778 1,136,721
Restricted Cash, Current 1,030 1,237
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1,230,808 1,137,958
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Non-cash consideration in sale of business $ 0 $ 261,317