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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Cash flows from operating activities:    
Net income $ 172,061 $ 286,266
Income from discontinued operations, after tax 71,908 75,201
Income from continuing operations 100,153 211,065
Non-cash and other reconciling items:    
Depreciation 45,616 33,991
Amortization 11,759 4,034
Deferred income taxes 9,312 (708)
Stock-based compensation 32,525 38,424
Other, net 13,069 18,240
Changes in (net of effects from businesses acquired):    
Receivables (127,153) 261,855
Inventories 139,672 (189,595)
Accounts payable 133,698 (240,474)
Accrued expenses and other, net (55,437) (66,251)
Net cash flows provided by operating activities - continuing operations 303,214 70,581
Net cash flows (used) provided by operating activities - discontinued operations (63,124) 13,661
Net cash flows provided by operating activities 240,090 84,242
Cash flows from financing activities:    
Issuance of notes, net of issuance costs 296,374  
Borrowings (repayment) of notes (378,559) (250,000)
Repayments under accounts receivable securitization, net (264,963) 39,972
Borrowings of bank and revolving debt, net 752,196 417,982
Borrowings under term loans 530,756  
Repurchases of common stock (Note 10)   (184,704)
Dividends paid on common stock (43,426) (45,020)
Other, net 13,825 (1,080)
Net cash flows provided (used) for financing activities - continuing operations 906,203 (22,850)
Net cash flows provided (used) for financing activities - discontinued operations (16,505) 26,389
Net cash flows provided by financing activities 889,698 3,539
Cash flows from investing activities:    
Purchases of property, plant and equipment (70,424) (74,392)
Acquisitions of businesses, net of cash acquired (Note 2) (798,366)  
Other, net 7,766 9,111
Net cash flows used for investing activities - continuing operations (861,024) (65,281)
Net cash flows used for investing activities - discontinued operations (3,093) (20,988)
Net cash flows used for investing activities (864,117) (86,269)
Effect of currency exchange rate changes on cash and cash equivalents (27,007) (17,977)
Cash and cash equivalents:    
Net change in cash and cash equivalents 238,664 (16,465)
Cash and cash equivalents at beginning of period 1,031,478 932,553
Cash and cash equivalents at end of period $ 1,270,142 $ 916,088