XML 29 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 25, 2011
Sep. 26, 2010
Cash flows from operating activities:  
Net income (loss)$ (410,627)$ 47,746
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:  
Depreciation and amortization156,706175,397
Asset impairment11,64015,231
Foreign currency transaction losses (gains)9,594(399)
Noncash loss on early extinguishment of debt recognized as a reorganization item 13,654
Accretion of bond discount339 
Loss (gain) on property disposals177(3,057)
Share-based compensation418 
Deferred income tax benefit(10,707)(11,705)
Changes in operating assets and liabilities:  
Restricted cash and cash equivalents3,6455,072
Trade accounts and other receivables(42,871)(42,566)
Inventories101,565(168,178)
Prepaid expenses and other current assets34,824(27,758)
Accounts payable, accrued expenses and other current liabilities18,625(146,603)
Income taxes1,030111,606
Deposits2,18055,447
Other operating assets and liabilities(6,018)(1,579)
Cash provided by (used in) operating activities(129,480)22,308
Cash flows from investing activities:  
Acquisitions of property, plant and equipment(121,869)(109,037)
Purchases of investment securities(4,536)(9,377)
Proceeds from sale or maturity of investment securities14,6319,649
Proceeds from property disposals7,50211,581
Cash used in investing activities(104,272)(97,184)
Cash flows from financing activities:  
Proceeds from note payable to JBS USA50,000 
Proceeds from revolving line of credit and long-term borrowings804,6891,652,700
Payments on revolving line of credit, long-term borrowings and capital lease obligations(669,832)(2,508,549)
Proceeds from sale of common stock 800,000
Purchase of remaining interest in subsidiary(2,504)(7,637)
Payment of capitalized loan costs(4,395)(49,981)
Other financing activities(106)(353)
Cash provided by (used in) financing activities177,852(113,820)
Effect of exchange rate changes on cash and cash equivalents(3,273)(1,391)
Decrease in cash and cash equivalents(59,173)(190,087)
Cash and cash equivalents, beginning of period106,077236,300
Cash and cash equivalents, end of period$ 46,904$ 46,213