| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Goodwill and Intangible Asset Impairment | |||||||||||
176,600 | 0 | 0 | - | - | - | - | 22,400 | 0 | 0 | - | - |
Cash flows from operating activities: | |||||||||||
Net income | |||||||||||
122,800 | 283,700 | 189,300 | 160,200 | 264,000 | 404,200 | 592,300 | 516,400 | 585,300 | 220,200 | 135,400 | 385,900 |
Adjustments to reconcile net income to net cash used in operating activities: | |||||||||||
Depreciation | |||||||||||
210,900 | 225,200 | 222,800 | 223,400 | 217,400 | 239,400 | 211,600 | 180,600 | 151,900 | 135,900 | 118,800 | 116,100 |
Amortization of intangibles | |||||||||||
61,100 | 64,700 | 57,000 | 51,200 | 42,700 | 41,000 | 47,800 | 49,300 | 21,600 | 18,400 | 18,000 | 19,100 |
Deferred debt issuance cost amortization | |||||||||||
- | - | - | - | 2,000 | 2,700 | 3,500 | 3,500 | 2,900 | 2,900 | 2,800 | 3,200 |
Amortization of debt discount | |||||||||||
- | - | - | - | - | - | 9,200 | 8,700 | 8,200 | 15,300 | 15,000 | 14,100 |
Stock compensation expense | |||||||||||
41,300 | 46,300 | 38,200 | 18,100 | 12,200 | -10,800 | 34,600 | 36,800 | 24,400 | 13,400 | 8,000 | 33,300 |
Proceeds from termination of hedging instrument | |||||||||||
- | - | - | 7,300 | 0 | 0 | - | - | - | - | - | - |
Equity in net earnings of affiliates, net of cash received | |||||||||||
0 | 3,200 | -41,200 | 1,400 | 19,000 | 25,400 | 19,000 | 25,700 | 19,000 | 14,800 | 21,000 | 11,000 |
Deferred income tax provision (benefit) | |||||||||||
15,100 | -14,700 | -14,100 | 2,100 | -26,800 | 3,600 | 21,700 | -36,400 | -127,600 | 2,900 | -21,900 | 7,300 |
Gain (Loss) on Extinguishment of Debt | |||||||||||
0 | -24,500 | 0 | 0 | - | - | - | - | - | - | - | - |
Other | |||||||||||
-6,900 | -2,600 | -3,000 | -2,300 | 100 | -2,500 | -300 | -600 | 1,300 | -100 | -1,400 | 100 |
Changes in operating assets and liabilities: | |||||||||||
Accounts and notes receivable, net | |||||||||||
-63,800 | -63,300 | 34,700 | 4,500 | -3,800 | 103,900 | 36,200 | -40,600 | -5,400 | -9,900 | -241,200 | 194,500 |
Inventories, net | |||||||||||
216,300 | 214,300 | 196,000 | 33,100 | -117,600 | -111,400 | 356,900 | 160,900 | 221,000 | 60,600 | -277,100 | 366,400 |
Other current and noncurrent assets | |||||||||||
14,400 | 85,600 | 36,600 | 98,700 | 49,300 | -29,100 | -7,000 | 71,800 | 16,500 | 123,900 | -40,800 | 81,600 |
Accounts payable | |||||||||||
35,700 | -24,300 | 123,500 | 62,800 | 37,300 | -219,400 | 54,700 | -61,700 | 162,300 | 70,600 | -380,300 | 266,500 |
Accrued expenses | |||||||||||
114,500 | 161,300 | 149,000 | 47,000 | -34,800 | -71,200 | 123,400 | 154,500 | 183,500 | 114,900 | -68,100 | 113,300 |
Other current and noncurrent liabilities | |||||||||||
77,900 | 66,400 | 35,000 | -67,200 | -42,800 | 35,200 | 103,000 | 9,500 | -34,200 | 33,500 | -19,300 | -26,900 |
Total adjustments | |||||||||||
573,100 | 312,200 | 388,300 | 209,300 | 260,200 | 34,200 | 204,700 | 150,000 | 140,600 | 218,500 | 212,500 | -107,600 |
Net cash used in operating activities | |||||||||||
695,900 | 595,900 | 577,600 | 369,500 | 524,200 | 438,400 | 797,000 | 666,400 | 725,900 | 438,700 | 347,900 | 278,300 |
Cash flows from investing activities: | |||||||||||
Purchases of property, plant and equipment | |||||||||||
273,400 | 203,300 | 203,900 | 201,000 | 211,400 | 301,500 | 391,800 | 340,500 | 300,400 | 167,100 | 206,600 | 236,800 |
Proceeds from sale of property, plant and equipment | |||||||||||
4,900 | 3,200 | 4,100 | 2,400 | 1,500 | 2,800 | 2,600 | 900 | 1,500 | 900 | 2,100 | 4,500 |
Purchase of businesses, net of cash acquired | |||||||||||
0 | 0 | 293,100 | 383,800 | 25,400 | 130,300 | 9,500 | 2,900 | 1,018,000 | 81,500 | -500 | 0 |
Investment in consolidated affiliates, net of cash acquired | |||||||||||
- | - | - | 11,800 | 0 | 0 | - | - | - | 25,400 | 17,600 | 600 |
Investments in consolidated affiliates, net of cash acquired | |||||||||||
- | - | - | - | - | - | - | 20,100 | 34,800 | - | 0 | - |
Investments in unconsolidated affiliates | |||||||||||
3,100 | 5,800 | 800 | 4,500 | 3,800 | 3,900 | 10,000 | 15,800 | 8,300 | 0 | - | - |
Other | |||||||||||
0 | -400 | 0 | -400 | 1,700 | 0 | - | - | - | - | - | - |
Restricted cash and other | |||||||||||
- | - | - | - | - | - | 0 | 3,700 | -3,700 | 0 | 37,100 | -32,500 |
Net cash used in investing activities | |||||||||||
-271,600 | -205,500 | -493,700 | -598,300 | -240,800 | -432,900 | -408,700 | -374,700 | -1,363,700 | -273,100 | -184,500 | -265,400 |
Cash flows from financing activities: | |||||||||||
Proceeds from indebtedness | |||||||||||
2,082,700 | 5,257,500 | 3,513,900 | 3,117,900 | 1,951,900 | 1,689,400 | - | - | - | - | -343,200 | -37,200 |
Proceeds from debt obligations | |||||||||||
- | - | - | - | - | - | 1,135,900 | 926,300 | 1,676,900 | 71,400 | 282,300 | 75,800 |
Repayments of indebtedness | |||||||||||
2,191,100 | 5,433,600 | 3,639,700 | 2,622,400 | 1,769,500 | 1,588,800 | 1,194,000 | 1,148,800 | 826,400 | 109,200 | - | - |
Purchases and retirement of common stock | |||||||||||
130,000 | 184,300 | 0 | 212,500 | 287,500 | 499,700 | 1,000 | 17,600 | 0 | 0 | - | - |
Repurchase or conversion of convertible senior subordinated notes | |||||||||||
- | - | - | - | - | 201,200 | 0 | 0 | 161,000 | 60,800 | 0 | 0 |
Payment of dividends to stockholders | |||||||||||
48,000 | 47,100 | 44,500 | 42,500 | 42,000 | 40,800 | 38,900 | 0 | 0 | - | - | - |
Proceeds from issuance of common stock | |||||||||||
- | - | - | - | - | - | - | - | 300 | 500 | 0 | 300 |
Payment of minimum tax withholdings on stock compensation | |||||||||||
28,100 | 4,000 | 6,900 | 2,000 | 6,300 | 13,200 | 17,000 | 300 | 2,500 | 11,300 | 5,200 | 3,200 |
Payment of debt issuance costs | |||||||||||
500 | 2,700 | 0 | 2,500 | 700 | 1,400 | 100 | 200 | 14,800 | 0 | 100 | 1,400 |
Excess tax benefit related to stock compensation | |||||||||||
- | - | - | - | 700 | 0 | 11,400 | 0 | 0 | - | - | - |
Investment by noncontrolling interests | |||||||||||
1,600 | 900 | 500 | 400 | 0 | -6,100 | -3,100 | -1,000 | -1,500 | 0 | 1,300 | 0 |
Other | |||||||||||
- | - | - | - | - | -200 | 0 | 0 | - | - | - | - |
Net cash provided by financing activities | |||||||||||
-313,400 | -413,300 | -176,700 | 236,400 | -153,400 | -662,000 | -106,800 | -241,600 | 671,000 | -109,400 | -64,900 | 34,300 |
Effects of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||||
-4,200 | -18,700 | 30,800 | -4,600 | -67,000 | -27,000 | -15,600 | 6,800 | -28,700 | 12,300 | 46,800 | -115,900 |
Decrease in cash, cash equivalents and restricted cash | |||||||||||
106,700 | -41,600 | -62,000 | 3,000 | 63,000 | -683,500 | 265,900 | 56,900 | 4,500 | 68,500 | 145,300 | -68,700 |