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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 27, 2020
Mar. 29, 2020
Sep. 29, 2019
Mar. 31, 2019
Sep. 27, 2020
Sep. 29, 2019
Dec. 31, 2019
Cash Flows from Operating Activities:              
Net income/(loss) $ 83,298 $ 80,236 $ 92,283 $ 73,768 $ 218,524 $ 247,337  
Adjustments to reconcile net income to net cash provided by operating activities:              
Asset impairment         25,364 6,362  
Depreciation, depletion and amortization         186,602 173,085  
Gain on adjustment of environmental reserves         0 (10,675)  
Share-based compensation expense         6,551 11,800  
Equity in earnings of affiliates (1,939)   (1,799)   (3,230) (4,240)  
Cash dividends from affiliated companies         4,367 4,002  
Net (gain)/loss on disposition of assets         (3,298) 3,811  
Pension and postretirement plan expense         43,146 21,837  
Pension and postretirement plan contributions         (34,795) (225,535)  
Net increase in deferred taxes         10,013 32,370  
Change in assets and liabilities, net of effects from acquisitions and foreign currency adjustments:              
Trade accounts receivable         (42,102) (33,574)  
Inventories         10,621 (643)  
Payable to suppliers         15,708 (7,183)  
Prepaid expenses         (1,857) (533)  
Accrued expenses         40,854 29,611  
Income taxes payable and other income tax items         (17,466) (20,407)  
Other assets and liabilities         30,499 11,393  
Net cash provided by operating activities         489,501 238,818  
Cash Flows from Investing Activities:              
Purchases of property, plant and equipment         (116,667) (147,012)  
Cost of acquisitions, net of cash acquired         (49,262) (111,009)  
Proceeds from the sale of assets         8,240 2,887  
Investment in affiliates and other, net         571 1,494  
Net cash used in investing activities         (157,118) (253,640)  
Cash Flows from Financing Activities:              
Proceeds from issuance of debt         1,107,127 258,834  
Principal repayment of debt         (428,966) (109,692)  
Net change in commercial paper         (250,000) 12,000  
Net increase/(decrease) in outstanding checks         8,544 (7,604)  
Proceeds from cross-currency swap         14,480 0  
Payment of contingent consideration         (3,000) (5,000)  
Cash dividends         (129,446) (127,169)  
Dividends paid to noncontrolling interests         0 (214)  
Shares repurchased         (7,335) (8,697)  
Net cash provided by financing activities         311,404 12,458  
Effects of Exchange Rate Changes on Cash         (6,391) (2,172)  
Net Increase/(Decrease) in Cash and Cash Equivalents         637,396 (4,536)  
Cash and cash equivalents at beginning of period   $ 145,283   $ 120,389 145,283 120,389 $ 120,389
Cash and cash equivalents at end of period $ 782,679   $ 115,853   $ 782,679 $ 115,853 $ 145,283