XML 55 R7.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Cash flows provided by operating activities:    
Net income $ 38,133 $ 191,681
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 402,347 381,510
Restructuring and related charges 33,061 (3,212)
Recognition of stock-based compensation expense and related charges 45,332 32,946
Deferred income taxes 3,087 23,921
Provision for allowance for doubtful accounts 10,185 5,598
Other, net 13,838 38,559
Change in operating assets and liabilities, exclusive of net assets acquired:    
Accounts receivable 424,971 (365,192)
Contract assets (63,302) (815,144)
Inventories (279,664) 225,036
Prepaid expenses and other current assets (62,881) (4,895)
Other assets (8,438) (10,170)
Accounts payable, accrued expenses and other liabilities (472,503) 407,127
Net cash provided by operating activities 84,166 107,765
Cash flows used in investing activities:    
Acquisition of property, plant and equipment (448,765) (537,140)
Proceeds and advances from sale of property, plant and equipment 36,624 144,968
Cash paid for business and intangible asset acquisitions, net of cash (141,195) (80,778)
Cash receipts on sold receivables 0 96,846
Other, net (2,013) (13,504)
Net cash used in investing activities (555,349) (389,608)
Cash flows provided by (used in) financing activities:    
Borrowings under debt agreements 5,063,358 6,182,931
Payments toward debt agreements (4,835,697) (6,046,181)
Payments to acquire treasury stock (168,660) (350,323)
Dividends paid to stockholders (26,280) (27,422)
Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan 16,179 14,587
Treasury stock minimum tax withholding related to vesting of restricted stock (23,010) (11,204)
Other, net (11,617) (1,500)
Net cash provided by (used in) financing activities 14,273 (239,112)
Effect of exchange rate changes on cash and cash equivalents (9,688) 12,063
Net decrease in cash and cash equivalents (466,598) (508,892)
Cash and cash equivalents at beginning of period 1,163,343 1,257,949
Cash and cash equivalents at end of period $ 696,745 $ 749,057