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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 29, 2015
Mar. 30, 2014
Cash flows from operating activities:    
Net income $ 204,193us-gaap_ProfitLoss $ 98,187us-gaap_ProfitLoss
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 36,152us-gaap_DepreciationDepletionAndAmortization 38,260us-gaap_DepreciationDepletionAndAmortization
Foreign currency transaction loss 12,074us-gaap_ForeignCurrencyTransactionGainLossUnrealized 941us-gaap_ForeignCurrencyTransactionGainLossUnrealized
Accretion of bond discount 0us-gaap_AmortizationOfDebtDiscountPremium 114us-gaap_AmortizationOfDebtDiscountPremium
Loss (gain) on property disposals (881)us-gaap_GainLossOnDispositionOfAssets 570us-gaap_GainLossOnDispositionOfAssets
Gain on investment securities 0us-gaap_GainLossOnSaleOfSecuritiesNet (53)us-gaap_GainLossOnSaleOfSecuritiesNet
Share-based compensation 797us-gaap_ShareBasedCompensation 1,022us-gaap_ShareBasedCompensation
Deferred income tax benefit (2,408)us-gaap_DeferredIncomeTaxExpenseBenefit 0us-gaap_DeferredIncomeTaxExpenseBenefit
Changes in operating assets and liabilities:    
Trade accounts and other receivables 13,289us-gaap_IncreaseDecreaseInAccountsReceivable 2,145us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (2,313)us-gaap_IncreaseDecreaseInInventories 14,310us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets 9,294us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (11,099)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable, accrued expenses and other current liabilities (28,702)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 5,833us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Income taxes 50,639ppc_ChangeInTaxes 43,662ppc_ChangeInTaxes
Long-term pension and other postretirement obligations 1,617us-gaap_IncreaseDecreaseInPensionAndPostretirementObligations 995us-gaap_IncreaseDecreaseInPensionAndPostretirementObligations
Other operating assets and liabilities 2,335us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 814us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Cash provided by operating activities 296,086us-gaap_NetCashProvidedByUsedInOperatingActivities 195,701us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Acquisitions of property, plant and equipment (32,591)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (47,760)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Purchases of investment securities 0us-gaap_PaymentsToAcquireMarketableSecurities (37,000)us-gaap_PaymentsToAcquireMarketableSecurities
Proceeds from sale or maturity of investment securities 0us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 96,950us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Proceeds from property disposals 867us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 1,511us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Cash provided by (used in) investing activities (31,724)us-gaap_NetCashProvidedByUsedInInvestingActivities 13,701us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Proceeds from revolving line of credit and long-term borrowings 1,680,000us-gaap_ProceedsFromIssuanceOfLongTermDebt 0us-gaap_ProceedsFromIssuanceOfLongTermDebt
Payments on revolving line of credit, long-term borrowings and capital lease obligations (533,669)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities (204,913)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities
Tax benefit related to share-based compensation 7,834us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 0us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Payment of capitalized loan costs (8,862)us-gaap_PaymentsOfLoanCosts 0us-gaap_PaymentsOfLoanCosts
Payment of special cash dividends (1,498,470)us-gaap_PaymentsOfDividends 0us-gaap_PaymentsOfDividends
Cash used in financing activities (353,167)us-gaap_NetCashProvidedByUsedInFinancingActivities (204,913)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents (9,301)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 2,280us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Increase in cash and cash equivalents (98,106)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 6,769us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 576,143us-gaap_CashAndCashEquivalentsAtCarryingValue 508,206us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period $ 478,037us-gaap_CashAndCashEquivalentsAtCarryingValue $ 514,975us-gaap_CashAndCashEquivalentsAtCarryingValue