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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 27, 2024
Oct. 29, 2023
Oct. 30, 2022
Operating Activities      
Net Earnings $ 804,631 $ 792,920 $ 1,000,226
Adjustments to Reconcile to Net Cash Provided by (Used in) Operating Activities:      
Depreciation 233,827 227,331 213,026
Amortization 23,929 25,980 22,859
Equity in Earnings of Affiliates (51,088) (42,754) (27,185)
Distributions Received from Equity Method Investees 46,055 38,160 43,039
Provision for Deferred Income Taxes 87,670 31,794 177,000
Non-cash Investment Activities (23,557) (2,392) 19,298
Stock-based Compensation Expense 23,233 24,077 24,943
Operating Lease Cost 37,590 29,072 20,633
Goodwill and Intangible Impairment 0 28,383 0
Other Non-cash, Net 16,292 20,034 12,931
Changes in Operating Assets and Liabilities, Net of Divestitures:      
Decrease (Increase) in Accounts Receivable 1,899 48,998 28,365
Decrease (Increase) in Inventories 95,283 35,714 (351,663)
Decrease (Increase) in Prepaid Expenses and Other Assets 13,143 (68,666) (15,460)
Increase (Decrease) in Pension and Post-retirement Benefits 24,350 18,272 (29,392)
Increase (Decrease) in Accounts Payable and Accrued Expenses (27,200) (140,519) (14,511)
Increase (Decrease) in Net Income Taxes Payable (39,317) (18,557) 10,869
Net Cash Provided by (Used in) Operating Activities 1,266,738 1,047,847 1,134,977
Investing Activities      
Net Sale (Purchase) of Securities (6,088) (42)  
Net Sale (Purchase) of Securities     2,493
Proceeds from Sale of Business 25,006 0 0
Purchases of Property, Plant, and Equipment (256,441) (270,211) (278,918)
Proceeds from Sales of Property, Plant, and Equipment 474 5,322 1,224
Proceeds from (Purchases of) Affiliates and Other Investments (7,970) (427,709) 2,404
Proceeds from Company-owned Life Insurance 8,112 3,096 14,761
Net Cash Provided by (Used in) Investing Activities (236,907) (689,544) (258,037)
Financing Activities      
Proceeds from Long-term Debt 497,765 1,980 0
Payment of Debt Issuance Costs (1,105) 0 0
Repayments of Long-term Debt and Finance Leases (959,017) (8,827) (8,673)
Dividends Paid on Common Stock (614,960) (592,932) (557,839)
Share Repurchase 0 (12,303) 0
Proceeds from Exercise of Stock Options 40,713 12,018 79,827
Proceeds from Noncontrolling Interest 6,508 0 0
Net Cash Provided by (Used in) Financing Activities (1,030,096) (600,064) (486,684)
Effect of Exchange Rate Changes on Cash 5,614 (3,814) (21,679)
Increase (Decrease) in Cash and Cash Equivalents 5,349 (245,575) 368,577
Cash and Cash Equivalents at Beginning of Year 736,532 982,107 613,530
Cash and Cash Equivalents at End of Year 741,881 736,532 982,107
Supplemental Non-cash Financing and Investing Activities:      
Purchases of Property, Plant, and Equipment included in Accounts Payable $ 21,996 $ 21,175 $ 19,104