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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 28, 2014
Dec. 29, 2013
Cash flows from operating activities      
Net income $ 522,686 $ 1,130,460 $ 445,913
Adjustments to reconcile net income to operating cash flows:      
Gain on Cars.com acquisition, net of tax 0 (285,860) 0
Depreciation 140,954 185,868 153,203
Amortization of intangible assets 121,290 79,856 36,369
Stock-based compensation 26,344 33,882 33,437
Provision for deferred income taxes 100,202 1,200 53,900
Pension contributions, net of pension expense (122,376) (111,194) (82,878)
Equity income in unconsolidated investees, net (5,743) (167,319) (43,824)
Other, including gains/losses on sale of assets and impairments (65,496) 100,159 56,341
Changes in operating assets and liabilities:      
Decrease (increase) in trade receivables 32,787 (1,514) (17,884)
Decrease (increase) in inventories 1,807 10,032 4,489
Increase (decrease) in accounts payable (57,643) 66,740 (29,310)
Increase (decrease) in interest and taxes payable (46,411) (193,274) (53,101)
Increase (decrease) in deferred income 4,822 (5,353) (12,233)
Changes in other assets and liabilities, net (40,117) (22,484) (32,934)
Net cash flows from operating activities 613,106 821,199 511,488
Cash flows from investing activities      
Purchase of property and equipment (118,767) (150,354) (110,407)
Payments for acquisitions, net of cash acquired (53,656) (1,990,877) (1,451,006)
Payments for investments (33,715) (7,026) (3,380)
Proceeds from investments 12,402 180,809 63,408
Proceeds from sale of assets 411,012 305,347 113,895
Net cash provided by (used for) investing activities 217,276 (1,662,101) (1,387,490)
Cash flows from financing activities      
Proceeds from (payments of) borrowings under revolving credit facilities, net 80,000 640,000 (205,000)
Proceeds from borrowings 200,000 666,732 2,021,869
Debt repayments (587,509) (537,490) (287,719)
Payments of debt issuance and financing costs (7,619) (10,548) (41,960)
Dividends paid (167,508) (181,328) (183,233)
Repurchases of common stock (271,030) (75,815) (116,639)
Excess tax benefit from equity awards and proceeds from stock option exercises 31,284 26,672 31,435
Distributions to noncontrolling membership interests (24,783) (22,072) (42,608)
Deferred payments for acquisitions (9,136) (15,687) (6,132)
Cash transferred to the Gannett Co., Inc. business (63,365) 0 0
Net cash (used for) provided by financing activities (819,666) 490,464 1,170,013
Effect of currency exchange rate change 0 (281) 162
Increase (decrease) in cash and cash equivalents 10,716 (350,719) 294,173
Cash and cash equivalents from continuing operations, beginning of year 110,305 455,023 109,488
Cash and cash equivalents from discontinued operations, beginning of year 8,179 14,180 65,542
Balance of cash and cash equivalents at beginning of year 118,484 469,203 175,030
Cash and cash equivalents from continuing operations, end of year 129,200 110,305 455,023
Cash and cash equivalents from discontinued operations, end of year 0 8,179 14,180
Balance of cash and cash equivalents at end of year 129,200 118,484 469,203
Supplemental cash flow information:      
Cash paid for taxes, net of refunds 105,581 207,038 124,378
Cash paid for interest 265,174 242,190 126,180
Non-cash investing and financing activities      
Non-monetary exchange of investment for acquisition (34,403) 0 0
Assets-held-for-sale proceeds 0 146,428 0
Escrow deposit disbursement related to London Broadcasting Company television stations acquisition 0 (134,908) 0
Capital expenditures $ 0 $ (11,520) $ 0