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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jan. 24, 2016
Jan. 25, 2015
OPERATING ACTIVITIES    
Net earnings $ 235,167 $ 172,430
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation 29,679 30,720
Amortization of intangibles 2,125 2,039
Equity in earnings of affiliates, net of dividends (6,454) (1,639)
Provision for deferred income taxes (1,735) 1,161
Gain on property/equipment sales and plant facilities 126 (5,117)
Non-cash investment activities 2,081 (1,068)
Stock-based compensation expense 7,162 5,524
Excess tax benefit from stock-based compensation (20,149) (2,963)
Changes in operating assets and liabilities, net of acquisitions:    
Decrease in accounts receivable 50,951 31,288
(Increase) decrease in inventories (1,439) 36,824
Decrease in prepaid expenses and other current assets 7,917 18,354
Increase in pension and post-retirement benefits 1,047 327
Decrease in accounts payable and accrued expenses (27,787) (39,944)
Other   (1,434)
NET CASH PROVIDED BY OPERATING ACTIVITIES 278,691 246,502
INVESTING ACTIVITIES    
Purchases of property/equipment (33,480) (27,674)
Proceeds from sales of property/equipment 1,411 9,931
Decrease in investments, equity in 11,088 14,932
NET CASH USED IN INVESTING ACTIVITIES (20,981) (2,811)
FINANCING ACTIVITIES    
Principal payments on short-term debt (185,000)  
Dividends paid on common stock (66,137) (52,801)
Proceeds from exercise of stock options 3,514 2,057
Excess tax benefit from stock-based compensation 20,149 2,963
Distribution to noncontrolling interest   (1,581)
NET CASH USED IN FINANCING ACTIVITIES (227,474) (49,362)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (2,260) (1,406)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 27,976 192,923
Cash and cash equivalents at beginning of year 347,239 334,174
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 375,215 $ 527,097