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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jan. 26, 2020
Jan. 27, 2019
Operating Activities    
Net Earnings $ 242,953 $ 241,519
Adjustments to Reconcile to Net Cash Provided by Operating Activities:    
Depreciation 41,194 36,848
Amortization 8,135 3,170
Equity in Earnings of Affiliates (7,588) (11,458)
Distribution from Equity Method Investees 10,000 0
Provision for Deferred Income Taxes 49 125
(Gain) Loss on Property/Equipment Sales and Plant Facilities (23) 450
Non-cash Investment Activities (12,761) (9,516)
Stock-based Compensation Expense 9,298 7,946
Changes in Operating Assets and Liabilities, Net of Acquisitions:    
Decrease (Increase) in Accounts Receivable 11,492 36,262
(Increase) Decrease in Inventories (14,915) (30,901)
(Increase) Decrease in Prepaid Expenses and Other Current Assets (5,451) (5,625)
Increase (Decrease) in Pension and Post-retirement Benefits 647 4,237
(Decrease) Increase in Accounts Payable and Accrued Expenses (135,988) (147,318)
Increase (Decrease) in Net Income Taxes Payable 41,376 61,686
Net Cash Provided by Operating Activities 188,418 187,425
Investing Activities    
Net (Purchase) Sale of Securities (16) 0
Purchases of Property/Equipment (58,211) (39,430)
Proceeds from Sales of Property/Equipment 1,114 30,305
(Increase) Decrease in Investments, Equity in Affiliates, and Other Assets (4,509) 7,302
Proceeds from Company-owned Life Insurance 1,118 144
Net Cash (Used in) Provided by Investing Activities (60,504) (1,679)
Financing Activities    
Repayments of Long-term Debt and Finance Leases (2,019)  
Proceeds of Long-term Debt and Finance Leases   38
Dividends Paid on Common Stock (112,249) (100,125)
Share Repurchase 0 (44,809)
Proceeds from Exercise of Stock Options 36,353 15,997
Net Cash (Used in) Provided by Financing Activities (77,915) (128,899)
Effect of Exchange Rate Changes on Cash 1,519 (3,294)
Increase (Decrease) in Cash and Cash Equivalents 51,518 53,553
Cash and Cash Equivalents at Beginning of Year 672,901 459,136
Cash and Cash Equivalents at End of Quarter $ 724,419 $ 512,689