XML 35 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Apr. 01, 2012
Apr. 03, 2011
Cash Flows Provided from (Used by) Operating Activities    
Net Income $ 198,651 $ 160,115
Adjustments to Reconcile Net Income to Net Cash Provided from Operations    
Depreciation and amortization 54,868 51,054
Stock-based compensation expense, net of tax 7,371 9,604
Excess tax benefits from exercise of stock options (10,566) (3,818)
Deferred income taxes 11,991 (272)
Business realignment and impairment charges, net of tax 14,918 6,117
Contributions to pension plans (1,113) (1,299)
Changes in assets and liabilities, net of effects from business acquisitions:    
Accounts receivable - trade (91,631) (43,458)
Inventories (21,364) 10,302
Accounts payable (16,673) 3,135
Other assets and liabilities 129,350 (32,102)
Net Cash Flows Provided from Operating Activities 275,802 159,378
Cash Flows Provided from (Used by) Investing Activities    
Capital Additions (88,487) (77,486)
Capitalized Software Additions (3,240) (4,119)
Proceeds from sales of property, plant and equipment 0 174
Business acquisition (172,856) (5,750)
Net Cash Flows (Used by) Investing Activities (264,583) (87,181)
Cash Flows Provided from (Used by) Financing Activities    
Net increase in short-term debt 108,629 585
Long-term borrowings 49 85
Repayment of long-term debt (1,513) (1,496)
Loan to affiliate (9,000) 0
Cash dividends paid (83,533) (76,623)
Exercise of stock options 54,111 62,007
Excess tax benefits from exercise of stock options 10,566 3,818
Contributions from noncontrolling interests in subsidiaries 1,470 0
Repurchase of Common Stock (218,345) (192,949)
Net Cash Flows (Used by) Financing Activities (137,566) (204,573)
(Decrease) in Cash and Cash Equivalents (126,347) (132,376)
Cash and Cash Equivalents, beginning of period 693,686 884,642
Cash and Cash Equivalents, end of period 567,339 752,266
Interest Paid 31,393 41,923
Income Taxes Paid $ 7,583 $ 15,692