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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Statement of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of year $ 2,269,756 $ 213,734
Cash flows from operating activities:    
Net income 306,539 70,491
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 144,087 176,499
Gain on acquisition (6,025) 0
Gain on sales of businesses, net 0 (122,298)
Stock-based compensation 15,595 13,818
Equity in net income of unconsolidated investments (net of tax) (55,263) (46,224)
Dividends received from unconsolidated investments and nonmarketable securities 11,900 34,982
Pension and postretirement expense 67 7,911
Pension and postretirement contributions (9,607) (13,649)
Unrealized gain on investments in marketable securities (2,007) (3,281)
Loss on early extinguishment of debt 52,801 0
Deferred income taxes 4,677 404,728
Working capital changes (398,913) (79,684)
Other, net 10,993 10,821
Net cash provided by operating activities 74,844 454,114
Cash flows from investing activities:    
Acquisitions, net of cash acquired (45,406) 0
Cash payments related to acquisitions and other 0 (81,988)
Capital expenditures (187,519) (141,301)
Cash proceeds from divestitures, net 6,857 310,599
Sales of marketable securities, net 450 822
Repayments from joint ventures 1,250 0
Net cash (used in) provided by investing activities (224,368) 88,132
Cash flows from financing activities:    
Repayments of long-term debt (753,209) (382,730)
Proceeds from borrowings of long-term debt 27,000 0
Other borrowings (repayments), net 79,203 (9,026)
Fees related to early extinguishment of debt (46,959) 0
Dividends paid to shareholders (105,205) (101,061)
Dividends paid to noncontrolling interests (27,791) (23,873)
Repurchases of common stock (250,000) 0
Proceeds from exercise of stock options 7,011 6,779
Withholding taxes paid on stock-based compensation award distributions (8,317) (2,008)
Net cash used in financing activities (1,078,267) (511,919)
Net effect of foreign exchange on cash and cash equivalents 3,374 (10,462)
(Decrease) increase in cash and cash equivalents (1,224,417) 19,865
Cash and cash equivalents at end of period $ 1,045,339 $ 233,599