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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Cash flows from operating activities:    
Consolidated net income $ 228,204 $ 292,808
Adjustments to reconcile consolidated net income to net cash provided by (used for) operations:    
Depreciation and amortization 57,085 48,944
Amortization of stock-based compensation 14,146 21,178
Equity in earnings of affiliated companies (3,612) (2,621)
Deferred income taxes 16,332 (484)
Restructuring, integration, and other charges 15,843 10,783
Settlement of legal matter 0 3,609
Excess tax benefits from stock-based compensation arrangements (4,981) (6,880)
Other (2,897) 373
Change in assets and liabilities, net of effects of acquired businesses:    
Accounts receivable 119,977 113,584
Inventories (105,821) (113,804)
Accounts payable 109,425 (410,915)
Accrued expenses (74,629) (45,251)
Other assets and liabilities (58,118) (56,026)
Net cash provided by (used for) operating activities 310,954 (144,702)
Cash flows from investing activities:    
Cash consideration paid for acquired businesses (187,197) (442,337)
Acquisition of property, plant and equipment (48,864) (60,340)
Purchase of cost method investment (15,000) 0
Net cash used for investing activities (251,061) (502,677)
Cash flows from financing activities:    
Change in short-term and other borrowings (12,577) (6,364)
Proceeds from long-term bank borrowings, net 37,800 292,500
Proceeds from exercise of stock options 10,766 46,146
Excess tax benefits from stock-based compensation arrangements 4,981 6,880
Repurchases of common stock (157,798) (96,861)
Net cash provided by (used for) financing activities (116,828) 242,301
Effect of exchange rate changes on cash (14,120) 9,781
Net decrease in cash and cash equivalents (71,055) (395,297)
Cash and cash equivalents at beginning of period 396,887 926,321
Cash and cash equivalents at end of period $ 325,832 $ 531,024