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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Cash flows from operating activities:    
Consolidated net income $ 113,723 $ 136,497
Adjustments to reconcile consolidated net income to net cash provided by (used for) operations:    
Depreciation and amortization 29,050 22,938
Amortization of stock-based compensation 7,255 10,357
Equity in earnings of affiliated companies (2,184) (1,213)
Deferred income taxes 18,961 (1,057)
Restructuring, integration, and other charges 6,141 7,199
Settlement of legal matter 0 3,609
Excess tax benefits from stock-based compensation arrangements (4,947) (5,728)
Other 1,457 361
Change in assets and liabilities, net of effects of acquired businesses:    
Accounts receivable 334,014 278,549
Inventories (24,357) 37,981
Accounts payable (135,198) (574,003)
Accrued expenses (64,564) (43,109)
Other assets and liabilities (26,102) (51,328)
Net cash provided by (used for) operating activities 250,335 (179,669)
Cash flows from investing activities:    
Cash consideration paid for acquired businesses (160,543) (379,013)
Acquisition of property, plant and equipment (22,253) (18,177)
Net cash used for investing activities (182,796) (397,190)
Cash flows from financing activities:    
Change in short-term and other borrowings (9,074) (3,900)
Proceeds from long-term bank borrowings, net 329,700 190,800
Proceeds from exercise of stock options 10,138 27,150
Excess tax benefits from stock-based compensation arrangements 4,947 5,728
Repurchases of common stock (57,684) (46,447)
Net cash provided by financing activities 278,027 173,331
Effect of exchange rate changes on cash (2,745) (1,491)
Net increase (decrease) in cash and cash equivalents 342,821 (405,019)
Cash and cash equivalents at beginning of period 396,887 926,321
Cash and cash equivalents at end of period $ 739,708 $ 521,302