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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Cash flows from operating activities:  
Consolidated net income$ 425,186$ 321,736
Adjustments to reconcile consolidated net income to net cash used for operations:  
Depreciation and amortization74,74855,447
Amortization of stock-based compensation30,28024,992
Amortization of deferred financing costs and discount on notes2,3321,686
Equity in earnings of affiliated companies(4,800)(4,566)
Deferred income taxes(478)29,027
Restructuring, integration, and other charges16,83119,146
Settlement of legal matter3,6090
Gain on bargain purchase(1,078)0
Loss on prepayment of debt0964
Excess tax benefits from stock-based compensation arrangements(7,521)(1,740)
Change in assets and liabilities, net of effects of acquired businesses:  
Accounts receivable136,451(351,362)
Inventories(109,633)(595,588)
Accounts payable(508,391)243,797
Accrued expenses(63,481)89,250
Other assets and liabilities(19,676)(74,058)
Net cash used for operating activities(25,621)(241,269)
Cash flows from investing activities:  
Cash consideration paid for acquired businesses(523,330)(460,001)
Acquisition of property, plant and equipment(88,267)(83,373)
Proceeds from sale of properties016,971
Net cash used for investing activities(611,597)(526,403)
Cash flows from financing activities:  
Change in short-term and other borrowings391,844(902)
Proceeds from long-term bank borrowings, net197,000360,400
Repayment of bank term loan(200,000)0
Repayments of senior notes0(69,545)
Proceeds from exercise of stock options46,6183,196
Excess tax benefits from stock-based compensation arrangements7,5211,740
Repurchases of common stock(196,802)(131,266)
Net cash provided by financing activities246,181163,623
Effect of exchange rate changes on cash9,282(23,234)
Net decrease in cash and cash equivalents(381,755)(627,283)
Cash and cash equivalents at beginning of period926,3211,137,007
Cash and cash equivalents at end of period$ 544,566$ 509,724