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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Cash flows from operating activities:    
Net income $ 120,125 $ 105,027
Less: Loss from discontinued operations, net of tax (179) (9,949)
Income from continuing operations 120,304 114,976
Non-cash and other reconciling items:    
Depreciation 48,124 77,510
Amortization 41,220 47,256
Deferred income taxes 44,857 (55,921)
Stock-based compensation 17,077 17,090
Other, net 77,437 22,386
Changes in (net of effects from businesses acquired and divested):    
Receivables 193,520 108,459
Inventories (209,582) (410,361)
Accounts payable (205,254) 75,342
Accrued expenses and other, net (140,495) (55,955)
Net cash flows used for operating activities - continuing operations (12,792) (59,218)
Net cash flows used for operating activities - discontinued operations (56,284)  
Net cash flows used for operating activities (69,076) (59,218)
Cash flows from financing activities:    
Borrowings under accounts receivable securitization, net 366,000 78,000
Repayments under senior unsecured credit facility, net (59,420) (99,971)
Repayments under bank credit facilities and other debt, net (595) (27,381)
Repurchases of common stock (335,404) (135,458)
Dividends paid on common stock (44,701) (43,572)
Other, net 15,200 (1,214)
Net cash flows used for financing activities - continuing operations (58,920) (229,596)
Net cash flows used for financing activities (58,920) (229,596)
Cash flows from investing activities:    
Purchases of property, plant and equipment (70,186) (67,397)
Acquisitions of businesses, net of cash acquired (62,514) (14,661)
Other, net 963 2,402
Net cash flows used for investing activities - continuing operations (131,737) (79,656)
Net cash flows provided by investing activities - discontinued operations 123,473 112,664
Net cash flows (used) provided by investing activities (8,264) 33,008
Effect on currency exchange rate changes on cash and cash equivalents (2,699) 8,940
Cash and cash equivalents:    
Net change in cash and cash equivalents (138,959) (246,866)
Cash and cash equivalents at beginning of year 621,125 836,384
Cash and cash equivalents at end of year $ 482,166 $ 589,518