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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 25, 2011
Jun. 26, 2010
Cash Flows From (For) Operating Activities      
Net income $ 401,613 $ 339,197 $ 223,799
Adjustments to derive cash flows      
Write-off of in-process research and development 0 0 19,000
Gain on sale of pipeline development projects (3,500) 0 0
(Gain) loss on sale of business (8,639) 2,151 (750)
Restructuring Costs and Asset Impairment Charges 8,668 1,033 9,523
Depreciation and amortization 135,323 102,941 74,104
Share-based compensation 18,973 15,355 14,696
Income tax benefit from exercise of stock options (1,796) (623) (1,302)
Excess tax benefit of stock transactions (12,893) (17,193) (9,860)
Deferred income taxes 27,476 (56,140) (16,073)
Subtotal 565,225 386,721 313,137
Changes in operating assets and liabilities, net of asset and business acquisitions and disposition      
Accounts receivable (49,349) (107,235) (21,766)
Inventories 5,353 (30,416) (32,217)
Accounts payable (23,555) 57,804 (1,558)
Payroll and related taxes 4,988 616 30,917
Accrued customer programs (1,568) 31,440 5,142
Accrued liabilities 4,203 (32,335) 7,451
Accrued income taxes 13,746 56,216 26,310
Other (5,667) 11,150 4,947
Subtotal (51,849) (12,760) 19,226
Net cash from operating activities 513,376 373,961 332,363
Cash Flows (For) From Investing Activities      
Acquired research and development 0 0 (19,000)
Acquisitions of businesses, net of cash acquired (582,329) 2,624 (868,802)
Additions to property and equipment (120,192) (99,443) (57,816)
Proceeds from sale of intangible assets and pipeline development projects 10,500 0 0
(Return of) proceeds from sale of business 8,639 (3,558) 35,980
Acquisitions of assets (750) (10,750) (10,262)
Proceeds from sales of securities 0 560 0
Net cash for investing activities (684,132) (110,567) (919,900)
Cash Flows (For) From Financing Activities      
Repayments of short-term debt, net (2,680) (6,230) (8,771)
Borrowings of long-term debt 1,089,235 150,000 625,000
Repayments of long-term debt (610,000) (195,000) (165,000)
Deferred financing fees (5,097) (5,483) (5,813)
Excess tax benefit of stock transactions 12,893 17,193 9,860
Issuance of common stock 11,621 14,341 21,444
Repurchase of common stock (8,236) (8,308) (71,088)
Cash dividends (29,021) (25,303) (22,329)
Net cash (for) from financing activities 458,715 (58,790) 383,303
Effect of exchange rate changes on cash 4,426 (4,265) (3,643)
Net increase (decrease) in cash and cash equivalents 292,385 200,339 (207,877)
Cash and cash equivalents of continuing operations, beginning of period 310,104   109,765
Cash balance of discontinued operations, beginning of period 0   0
Cash and cash equivalents, end of period 602,489 310,104 109,765
Cash and cash equivalents of continuing operations, end of period 602,489 310,104  
Cash paid/received during the year for:      
Interest paid 53,694 47,455 53,557
Interest received 3,989 3,726 21,392
Income taxes paid 82,338 115,627 77,420
Income taxes refunded $ 910 $ 1,440 $ 1,433