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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Aug. 31, 2016
Cash flows from operating activities:      
Net income $ 87,541 $ 127,167 $ 254,896
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 773,704 760,405 696,752
Restructuring and related charges 16,264 94,346 1,170
Provision for allowance for doubtful accounts 38,030 10,112 919
Recognition of stock-based compensation expense and related charges 90,664 48,544 58,997
Deferred income taxes 52,705 (63,001) (23,155)
Other, net (13,600) 22,109 21,369
Change in operating assets and liabilities, exclusive of net assets acquired:      
Accounts receivable (316,262) (31,353) 122,115
Inventories (499,105) (445,089) 67,966
Prepaid expenses and other current assets (76,602) 19,346 (194,337)
Other assets (34,747) (30,413) (4,425)
Accounts payable, accrued expenses and other liabilities 815,258 744,470 (86,060)
Net cash provided by operating activities 933,850 1,256,643 916,207
Cash flows used in investing activities:      
Acquisition of property, plant and equipment (1,036,651) (716,485) (924,239)
Proceeds and advances from sale of property, plant and equipment 350,291 175,000 26,031
Cash paid for business and intangible asset acquisitions, net of cash (109,664) (36,620) (242,143)
Issuance of notes receivable (6,500) 0 (29,380)
Other, net 4,140 (1,360) (10,250)
Net cash used in investing activities (798,384) (579,465) (1,179,981)
Cash flows (used in) provided by financing activities:      
Borrowings under debt agreements 9,677,424 7,434,107 6,904,215
Payments toward debt agreements (9,206,016) (7,479,150) (6,445,922)
Payments to acquire treasury stock (450,319) (306,640) (148,340)
Dividends paid to stockholders (57,833) (59,959) (62,436)
Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan 24,865 21,791 20,910
Treasury stock minimum tax withholding related to vesting of restricted stock (22,597) (12,268) (10,656)
Other, net (12,568) (2,427) (4,259)
Net cash (used in) provided by financing activities (47,044) (404,546) 253,512
Effect of exchange rate changes on cash and cash equivalents (20,392) 5,228 8,358
Net increase (decrease) in cash and cash equivalents 68,030 277,860 (1,904)
Cash and cash equivalents at beginning of period 1,189,919 912,059 913,963
Cash and cash equivalents at end of period 1,257,949 1,189,919 912,059
Supplemental disclosure information:      
Interest paid, net of capitalized interest 167,278 130,635 128,013
Income taxes paid, net of refunds received $ 180,423 $ 187,871 $ 140,704