XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Cash flows from operating activities:    
Consolidated net income $ 376,148 $ 293,619
Adjustments to reconcile consolidated net income to net cash (used for) provided by operations:    
Depreciation and amortization 103,765 123,356
Amortization of stock-based compensation 20,448 30,187
Equity in earnings of affiliated companies (1,124) (1,912)
Deferred income taxes 5,185 (20,287)
Loss on extinguishment of debt 0 1,657
(Gain) loss on investments, net (109,435) 925
Other (77) 4,346
Change in assets and liabilities, net of effects of acquired businesses:    
Accounts receivable, net (2,292,091) 512,394
Inventories 65,225 662,685
Accounts payable 1,871,455 (687,015)
Accrued expenses (94,367) 189,537
Other assets and liabilities (81,033) (305,543)
Net cash (used for) provided by operating activities (135,901) 803,949
Cash flows from investing activities:    
Acquisition of property, plant, and equipment (73,873) (70,155)
Proceeds from settlement of net investment hedges 24,858 10,635
Proceeds from sale of investments in equity securities 100,000 0
Other 0 6,494
Net cash provided by (used for) investing activities 50,985 (53,026)
Cash flows from financing activities:    
Change in short-term and other borrowings 9,852 (595,069)
Proceeds from long-term bank borrowings, net 338,223 60,158
Redemption of notes (350,000) (1,000,000)
Net proceeds from note offering 0 989,564
Proceeds from exercise of stock options 3,427 5,353
Repurchases of common stock (110,779) (214,352)
Other (148) (1,040)
Net cash used for financing activities (109,425) (755,386)
Effect of exchange rate changes on cash 219,146 34,410
Net increase in cash and cash equivalents 24,805 29,947
Cash and cash equivalents at beginning of period 188,807 218,053
Cash and cash equivalents at end of period $ 213,612 $ 248,000