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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
May 01, 2022
Apr. 25, 2021
Operating Activities    
Net Earnings $ 501,389 $ 450,316
Adjustments to Reconcile to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 126,436 103,307
Equity in Earnings of Affiliates (12,814) (27,302)
Distributions Received from Equity Method Investees 30,539 22,500
Provision for Deferred Income Taxes (521) 2,007
Loss (Gain) on Property/Equipment Sales and Plant Facilities 2,192 1,508
Non-cash Investment Activities 14,005 (16,526)
Stock-based Compensation Expense 16,368 15,834
Changes in Operating Assets and Liabilities, Net of Acquisitions:    
Decrease (Increase) in Accounts Receivable 109,297 (19,823)
Decrease (Increase) in Inventories (226,422) (154,647)
Decrease (Increase) in Prepaid Expenses and Other Current Assets 943 45,848
Increase (Decrease) in Pension and Post-retirement Benefits (4,508) 2,375
Increase (Decrease) in Accounts Payable and Accrued Expenses (46,331) (103,438)
Increase (Decrease) in Net Income Taxes Payable 66,538 39,301
Net Cash Provided by (Used in) Operating Activities 577,111 361,259
Investing Activities    
Net (Purchase) Sale of Securities (4,367) (722)
Purchases of Property and Equipment (128,213) (85,544)
Proceeds from Sales of Property and Equipment 434 1,653
Decrease (Increase) in Investments, Equity in Affiliates, and Other Assets 6,265 (3,599)
Proceeds from Company-owned Life Insurance 70 956
Net Cash Provided by (Used in) Investing Activities (125,811) (87,256)
Financing Activities    
Repayments of Long-term Debt and Finance Leases (5,024) (254,360)
Dividends Paid on Common Stock (274,063) (257,787)
Share Repurchase 0 (9,653)
Proceeds from Exercise of Stock Options 75,086 13,340
Net Cash Provided by (Used in) Financing Activities (204,001) (508,459)
Effect of Exchange Rate Changes on Cash 890 4,680
Increase (Decrease) in Cash and Cash Equivalents 248,189 (229,776)
Cash and Cash Equivalents at Beginning of Year 613,530 1,714,309
Cash and Cash Equivalents at End of Quarter $ 861,719 $ 1,484,533