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Consolidated Cash Flows (USD $)
In Thousands
3 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Cash flows from operating activities:  
Net earnings$ 302,653$ 299,069
Adjustments to reconcile net earnings to cash provided by operating activities:  
Share-based compensation expense9,84210,148
Depreciation and amortization99,641101,714
Deferred income taxes(290,671)(198,900)
Provision for losses on receivables7,0755,670
Other non-cash items2261,973
Additional investment in certain assets and liabilities, net of effect of businesses acquired:  
(Increase) in receivables(195,451)(178,499)
(Increase) in inventories(82,322)(85,649)
(Increase) in prepaid expenses and other current assets(6,347)(4,958)
(Decrease) increase in accounts payable(784)25,468
(Decrease) in accrued expenses(40,867)(124,601)
Increase in accrued income taxes444,905342,129
(Increase) in other assets(3,448)(13,539)
Increase in other long-term liabilities10,89547,034
Excess tax benefits from share-based compensation arrangements(4)(277)
Net cash provided by operating activities255,343226,782
Cash flows from investing activities:  
Additions to plant and equipment(226,547)(142,924)
Proceeds from sales of plant and equipment2,092354
Acquisition of businesses, net of cash acquired(36,118)(23,891)
Maturities of short-term investments024,075
(Increase) in restricted cash(13,257)(5,044)
Net cash used for investing activities(273,830)(147,430)
Cash flows from financing activities:  
Bank and commercial paper borrowings (repayments), net(68,625)0
Other debt borrowings984626
Other debt repayments(2,165)(2,273)
Proceeds from common stock reissued from treasury for share-based compensation awards31,21640,834
Treasury stock purchases(133,370)(116,699)
Dividends paid(153,790)(146,868)
Excess tax benefits from share-based compensation arrangements4277
Net cash used for financing activities(325,746)(224,103)
Effect of exchange rates on cash(11,431)7,682
Net (decrease) in cash and cash equivalents(355,664)(137,069)
Cash and cash equivalents at beginning of period639,765585,443
Cash and cash equivalents at end of period284,101448,374
Supplemental disclosures of cash flow information:  
Interest52,76554,302
Income taxes$ 21,913$ 35,180