XML 85 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 224,849 $ 187,195
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 182,224 166,610
Amortization 18,841 18,643
Impairment 2,500 0
Deferred income taxes 37,750 45,198
(Gain) loss on sales of plant and equipment (65) 890
Stock-based compensation expense 21,352 19,535
Losses on the extinguishment of debt 0 4,162
Changes in assets and liabilities, excluding effects of business acquisitions:    
Securitization of trade receivables 0 (295,000)
Trade receivables, net (37,360) (13,974)
Inventories, net (27,059) (24,978)
Prepaid expenses and other current assets (10,908) (4,238)
Accounts payable, trade 9,801 39,161
Accrued expenses and other current liabilities (62,329) 28,289
Other non-current assets 2,059 1,385
Other non-current liabilities (1,002) (6,131)
Net cash provided by operating activities 341,051 88,425
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (263,398) (180,522)
Proceeds from sales of plant and equipment 12,199 10,629
Business acquisitions and holdback settlements (96,970) (20,695)
Other, net (1,473) (1,072)
Net cash used in investing activities (349,642) (191,660)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in short-term debt 406,701 0
Proceeds from borrowings of long-term debt 1,065,560 882,341
Repayment of long-term debt (1,147,735) (774,729)
Financing costs (4,567) (8,439)
Premium paid on redemption of senior subordinated notes 0 (3,175)
Purchase of treasury stock (300,000) 0
Proceeds from the exercise of stock options 22,890 17,999
Stock issued for the Employee Stock Purchase Plan 11,361 11,015
Tax benefit realized from the exercise of stock options 10,914 6,373
Dividends paid to stockholders (70,819) (60,340)
Change in cash overdraft 2,858 20,204
Net cash provided by financing activities (2,837) 91,249
Change in cash (11,428) (11,986)
Cash - Beginning of period 57,218 47,001
Cash - End of period $ 45,790 $ 35,015