| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 | Dec'11 | Sep'11 | Jun'11 | Mar'11 | Dec'10 | Sep'10 | Jun'10 | Mar'10 | Dec'09 | Sep'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||||||||||||||||||||||||
Net income | ||||||||||||||||||||||||||||||||||||||||||
66,500 | 134,387 | 196,862 | 247,876 | 254,951 | 237,934 | 223,846 | 205,060 | 160,519 | 147,062 | 112,819 | 51,980 | -39,696 | -62,656 | -239,381 | -223,884 | -135,652 | -197,897 | -416,792 | -370,961 | -345,650 | -248,105 | 163,767 | 162,198 | 176,903 | 179,286 | 198,427 | 206,916 | 231,284 | 253,144 | 284,307 | 310,833 | 311,109 | 300,075 | 269,894 | 232,277 | 186,399 | 131,399 | 93,346 | 48,202 | 0 | 0 | 0 |
Adjustments for non-cash items: | ||||||||||||||||||||||||||||||||||||||||||
Depreciation | ||||||||||||||||||||||||||||||||||||||||||
104,632 | 103,635 | 100,996 | 97,641 | 96,105 | 95,758 | 95,208 | 94,012 | 92,703 | 91,145 | 90,688 | 91,078 | 91,776 | 92,269 | 94,559 | 96,704 | 98,994 | 102,066 | 102,945 | 104,978 | 106,968 | 109,101 | 109,121 | 104,027 | 99,433 | 95,151 | 90,711 | 92,344 | 93,810 | 91,921 | 90,907 | 87,722 | 84,867 | 83,247 | 82,743 | 81,869 | 82,181 | 82,452 | 83,014 | 83,339 | 0 | 0 | 0 |
Amortization | ||||||||||||||||||||||||||||||||||||||||||
14,044 | 14,278 | 14,578 | 14,411 | 14,420 | 14,471 | 14,587 | 14,668 | 14,941 | 15,495 | 15,968 | 16,578 | 17,112 | 17,297 | 18,786 | 20,762 | 22,640 | 24,613 | 25,906 | 26,686 | 27,765 | 28,487 | 28,079 | 26,195 | 24,050 | 22,120 | 20,796 | 20,760 | 20,870 | 19,925 | 17,997 | 16,351 | 13,888 | 12,475 | 12,115 | 11,602 | 11,840 | 12,243 | 12,698 | 13,090 | 0 | 0 | 0 |
Stock-based compensation expense | ||||||||||||||||||||||||||||||||||||||||||
18,290 | 23,384 | 22,614 | 22,845 | 23,449 | 22,270 | 22,773 | 20,830 | 20,005 | 19,785 | 18,520 | 21,065 | 20,709 | 20,593 | 20,201 | 18,129 | 17,280 | 14,163 | 13,934 | 16,827 | 16,971 | 19,008 | 18,724 | 17,641 | 18,210 | 18,532 | 20,627 | 21,874 | 22,978 | 24,546 | 23,481 | 21,500 | 20,233 | 18,665 | 19,639 | 18,852 | 19,838 | 20,680 | 18,553 | 16,640 | 0 | 0 | 0 |
Restructuring and asset impairment charges (Notes 7 and 18)) | ||||||||||||||||||||||||||||||||||||||||||
-31,684 | -17,762 | -1,276 | 203 | 2,610 | 3,677 | 3,695 | 248 | -4,845 | -4,193 | -5,038 | -1,802 | -8,081 | -8,233 | -115,653 | -118,779 | -116,008 | -275,866 | -550,960 | -548,028 | -540,534 | -380,081 | 3,291 | 3,408 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | 855 | 0 | 0 | 0 |
Deferred income tax provision (benefit) | ||||||||||||||||||||||||||||||||||||||||||
-23,200 | -12,456 | 3,047 | 2,806 | 18,413 | 17,186 | 22,358 | 22,915 | 11,878 | 12,234 | 6,388 | 6,267 | 95,054 | 88,344 | -5,597 | 8,328 | -82,235 | -113,493 | -35,490 | -48,575 | -40,042 | -3,821 | 23,295 | 23,119 | -459 | 10,959 | -411 | 232 | 36,861 | 33,135 | 26,021 | 28,602 | -1,176 | -10,530 | -3,527 | -7,881 | -2,954 | 1,612 | 1,630 | 230 | 0 | 0 | 0 |
Other | ||||||||||||||||||||||||||||||||||||||||||
2,835 | 895 | 3,085 | 2,654 | 3,834 | 3,286 | 3,540 | 4,651 | 6,189 | 6,341 | 2,774 | 94 | -9,063 | -8,541 | -14,566 | -6,113 | -295 | -7,185 | 3,583 | 2,098 | 3,395 | 9,457 | 7,706 | 2,106 | 4,664 | 3,990 | 472 | 2,577 | -2,135 | -465 | -7,247 | -12,702 | -25,820 | -22,706 | -15,860 | -9,872 | 4,100 | -3,588 | -3,107 | -4,506 | 0 | 0 | 0 |
Changes in certain assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||||||||||||||||||||||||
-85,534 | -67,843 | -49,920 | -17,323 | 15,035 | 4,885 | 13,818 | 22,201 | 9,631 | 31,319 | 30,091 | 7,606 | 24,200 | 16,748 | -20,291 | -32,661 | -56,390 | -61,456 | -55,844 | -46,552 | -25,062 | 17,055 | 44,899 | 45,041 | 39,633 | 13,155 | -13,034 | -33,801 | -28,205 | -39,767 | -23,620 | 10,891 | 18,939 | 67,513 | 77,637 | 89,153 | 95,187 | 68,630 | 59,686 | 58,245 | 0 | 0 | 0 |
Inventories | ||||||||||||||||||||||||||||||||||||||||||
-48,374 | -40,132 | 2,129 | 53,387 | 76,183 | 87,340 | 66,123 | 37,230 | 19,051 | 31,442 | 44,842 | 24,300 | 16,336 | -21,049 | -50,102 | -69,552 | -112,070 | -112,712 | -121,169 | -70,874 | -36,077 | -26,461 | 6,761 | 5,310 | 38,127 | -1,776 | -8,951 | -5,879 | -30,644 | 3,353 | 32,781 | 63,833 | 134,652 | 162,414 | 152,717 | 124,082 | 81,806 | 56,111 | 53,438 | 2,576 | 0 | 0 | 0 |
Accounts payable and accrued liabilities | ||||||||||||||||||||||||||||||||||||||||||
-26,564 | 4,902 | -43,717 | -49,378 | -23,808 | 4,446 | 24,677 | -5,046 | -12,410 | -32,269 | -25,755 | 54,554 | 45,796 | 39,636 | 26,659 | 991 | -2,772 | 22,609 | 1,218 | -8,218 | -10,094 | -26,899 | 248 | 13,748 | 43,911 | 11,052 | -24,958 | -90,449 | -132,242 | -125,557 | -81,558 | -57,003 | 6,106 | 54,219 | 45,219 | 100,325 | 69,126 | 40,394 | 38,178 | 40,985 | 0 | 0 | 0 |
Accrued income taxes | ||||||||||||||||||||||||||||||||||||||||||
-18,880 | -52,002 | -7,128 | 9,013 | -3,177 | 15,122 | 20,156 | 11,093 | 25,992 | 9,207 | 7,792 | 6,873 | -11,171 | -11,225 | 2,829 | -25,247 | -13,278 | -68,149 | -39,687 | -10,163 | -17,600 | 47,108 | -12,154 | -12,485 | 25,701 | 8,066 | 12,831 | 949 | -45,975 | -43,104 | -27,421 | -14,157 | 20,087 | 33,984 | 17,818 | 22,158 | 6,919 | 21,534 | 30,826 | 19,227 | 0 | 0 | 0 |
Accrued pension and postretirement benefits | ||||||||||||||||||||||||||||||||||||||||||
-12,487 | -10,527 | -10,166 | -8,186 | -20,648 | -22,695 | -23,047 | -26,759 | -28,992 | -30,344 | -30,234 | -27,818 | -10,911 | -8,135 | -9,241 | -15,013 | -5,669 | -6,224 | -1,822 | 4,863 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other | ||||||||||||||||||||||||||||||||||||||||||
8,166 | 12,635 | 10,375 | 2,896 | -7,172 | -5,855 | -5,717 | 4,441 | -3,443 | -7,625 | -3,048 | -4,771 | 7,653 | 11,285 | 4,082 | 4,280 | 36,956 | 33,185 | 42,576 | 31,552 | -16,966 | -15,620 | -9,072 | 1,141 | 27,619 | 23,245 | 15,043 | 10,733 | 8,598 | 17,243 | 17,370 | 16,842 | 6,000 | 6,299 | 3,470 | 8,212 | 6,338 | 5,602 | -10,619 | -7,060 | 0 | 0 | 0 |
Net cash flow provided by operating activities | ||||||||||||||||||||||||||||||||||||||||||
289,113 | 326,115 | 318,863 | 300,519 | 276,883 | 297,731 | 326,179 | 277,304 | 270,431 | 187,713 | 132,113 | 195,338 | 159,872 | 166,648 | 207,337 | 222,493 | 277,275 | 320,659 | 339,192 | 351,437 | 338,207 | 322,578 | 278,400 | 271,873 | 287,034 | 314,532 | 325,437 | 284,150 | 275,702 | 272,716 | 299,956 | 289,580 | 270,008 | 234,495 | 197,131 | 230,797 | 197,216 | 178,798 | 173,966 | 164,828 | 0 | 0 | 0 |
INVESTING ACTIVITIES | ||||||||||||||||||||||||||||||||||||||||||
Purchases of property, plant and equipment | ||||||||||||||||||||||||||||||||||||||||||
272,462 | 271,799 | 241,535 | 212,343 | 211,336 | 199,557 | 191,961 | 171,004 | 129,533 | 106,968 | 98,060 | 118,018 | 121,507 | 120,095 | 115,744 | 110,697 | 106,604 | 107,442 | 107,354 | 100,939 | 109,035 | 123,244 | 123,204 | 117,376 | 114,988 | 97,267 | 92,006 | 82,835 | 96,187 | 101,815 | 107,232 | 103,036 | 110,751 | 97,885 | 84,987 | 83,442 | 59,589 | 58,563 | 57,826 | 56,679 | 0 | 0 | 0 |
Disposals of property, plant and equipment | ||||||||||||||||||||||||||||||||||||||||||
10,448 | 9,588 | 10,805 | 11,243 | 15,737 | 16,002 | 14,765 | 14,358 | 3,367 | 2,360 | 4,311 | 5,023 | 4,728 | 5,085 | 5,183 | 5,978 | 19,924 | 19,546 | 17,436 | 16,122 | 1,608 | 1,770 | 1,707 | 1,236 | 2,181 | 2,756 | 2,741 | 3,016 | 4,252 | 5,033 | 6,764 | 6,886 | 6,089 | 4,861 | 10,210 | 9,755 | 9,117 | 10,933 | 4,244 | 5,141 | 0 | 0 | 0 |
Business acquisition, net of cash acquired (Note 4) | ||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 634,615 | 635,115 | 635,115 | 18,047 | 500 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from divestiture (Note 4) | ||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27,788 | 0 | 0 | 0 |
Other | ||||||||||||||||||||||||||||||||||||||||||
879 | 1,392 | 246 | 381 | 917 | 380 | 121 | 225 | -457 | -391 | -21 | -247 | 65 | 55 | -890 | -659 | -1,055 | -1,203 | -50 | -263 | -348 | -290 | -273 | -356 | 176 | 352 | 91 | 379 | -895 | -2,272 | -1,276 | -1,447 | 1,810 | 1,911 | 1,005 | -139 | -2,339 | -1,071 | -1,141 | -276 | 0 | 0 | 0 |
Net cash flow used for investing activities | ||||||||||||||||||||||||||||||||||||||||||
-238,943 | -239,653 | -230,976 | -201,481 | -196,516 | -183,935 | -177,317 | -156,871 | -125,709 | -104,217 | -93,728 | -112,748 | -121,817 | -120,038 | -53,544 | -47,933 | -24,525 | -25,593 | -89,868 | -84,554 | -96,854 | -110,959 | -728,067 | -740,174 | -748,098 | -729,978 | -107,403 | -80,698 | -91,040 | -477,072 | -491,754 | -487,265 | -497,311 | -103,212 | -74,059 | -71,825 | -65,079 | -63,505 | -68,599 | -40,420 | 0 | 0 | 0 |
FINANCING ACTIVITIES | ||||||||||||||||||||||||||||||||||||||||||
Net decrease in notes payable | ||||||||||||||||||||||||||||||||||||||||||
-19 | -1,261 | 2,639 | -715 | -1,167 | 2,325 | 56 | 495 | 141 | -679 | 234 | -317 | -1,867 | 1,707 | -6,802 | -6,288 | -84,825 | -85,878 | -91,688 | -63,647 | -4,221 | 5,899 | 98,079 | 31,568 | 50,360 | 79,245 | -50,651 | -833 | 42,592 | -309 | 47,780 | 38,198 | -4,856 | -514 | 1,889 | -15,992 | -28,992 | -32,226 | -31,574 | -27,335 | 0 | 0 | 0 |
Net increase (decrease) in short-term revolving and other lines of credit | ||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,100 | 200 | -6,200 | -10,000 | 6,700 | -3,600 | 6,100 | 18,500 | -11,900 | -23,600 | -25,500 | 0 | 11,900 | 27,200 | 0 | 0 | 0 | - | - | - | - | - | 0 | 0 | 0 |
Term debt borrowings | ||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50,070 | 76,832 | 65,158 | 84,342 | 89,712 | 240,496 | 441,321 | 753,373 | 736,079 | 588,441 | 425,393 | 681,350 | 944,152 | 1,443,085 | 2,098,957 | 1,687,236 | 1,509,767 | 1,065,953 | 470,108 | 385,108 | 450,109 | 490,121 | 564,642 | 634,293 | 564,366 | 0 | 0 | 0 |
Term debt repayments | ||||||||||||||||||||||||||||||||||||||||||
0 | 0 | 0 | 400,000 | 400,000 | 400,049 | 400,097 | 190 | 259 | 25,613 | 25,748 | 25,899 | 26,070 | 31,278 | 67,484 | 94,577 | 190,435 | 217,915 | 247,518 | 308,736 | 431,805 | 600,475 | 534,483 | 450,928 | 261,983 | 85,647 | 513,084 | 736,562 | 1,347,193 | 1,705,158 | 1,462,812 | 1,324,426 | 768,668 | 470,367 | 385,365 | 451,748 | 491,635 | 566,326 | 641,179 | 680,023 | 0 | 0 | 0 |
Purchase of capital stock | ||||||||||||||||||||||||||||||||||||||||||
211 | 213 | 213 | 214 | 215 | 215 | 216 | 217 | 216 | 225 | 233 | 241 | 252 | 253 | 278 | 295 | 305 | 317 | 319 | 318 | 346 | 9,933 | 9,917 | 14,165 | 56,984 | 79,192 | 99,701 | 121,408 | 78,577 | 46,771 | 26,260 | 66,876 | 98,238 | 114,355 | 124,486 | 57,909 | 26,539 | 10,435 | 307 | 306 | 0 | 0 | 0 |
Net proceeds from equity offering | ||||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 120,696 | 0 | 0 | 0 |
The effect of employee benefit and stock plans and dividend reinvestment | ||||||||||||||||||||||||||||||||||||||||||
-5,242 | -8,145 | -8,127 | -4,744 | -4,767 | 773 | 19,508 | 17,975 | 31,527 | 31,998 | 16,474 | 18,319 | 3,920 | 1,216 | -1,177 | 1,348 | 4,580 | 7,426 | 7,865 | 13,844 | 16,186 | 16,495 | 20,521 | 26,676 | 25,568 | 29,343 | 26,923 | 17,356 | 14,818 | 19,772 | 21,937 | 24,635 | 26,319 | 19,090 | 22,420 | 18,328 | 19,155 | 17,074 | 10,557 | 10,677 | 0 | 0 | 0 |
Cash dividends paid to Shareholders | ||||||||||||||||||||||||||||||||||||||||||
66,203 | 66,069 | 65,912 | 65,746 | 65,599 | 65,468 | 65,312 | 65,104 | 64,888 | 64,614 | 64,339 | 64,128 | 63,950 | 63,842 | 63,782 | 63,717 | 62,060 | 60,373 | 58,682 | 56,979 | 56,850 | 56,707 | 56,581 | 56,436 | 54,860 | 53,443 | 52,154 | 51,011 | 49,733 | 48,305 | 46,706 | 43,631 | 42,262 | 40,946 | 39,686 | 39,801 | 39,760 | 39,673 | 39,499 | 39,316 | 0 | 0 | 0 |
Other | ||||||||||||||||||||||||||||||||||||||||||
-1,850 | -1,769 | -721 | 161 | -1,897 | -1,203 | -1,289 | -1,625 | -293 | 38 | -61 | -6,317 | -6,565 | -6,517 | -10,832 | -181 | -3,270 | -2,543 | -2,123 | -7,039 | -1,982 | -3,822 | 850 | 1,214 | -580 | 297 | -6,844 | -2,612 | -4,913 | -6,652 | -3,566 | -11,162 | -6,876 | -4,692 | -2,184 | 988 | -6,875 | -5,934 | -5,721 | -6,926 | 0 | 0 | 0 |
Net cash flow used for financing activities | ||||||||||||||||||||||||||||||||||||||||||
-69,025 | -77,457 | -72,508 | -471,432 | -177,956 | -168,148 | -151,487 | 247,197 | -33,988 | -33,797 | -48,375 | -53,285 | -69,486 | -75,070 | -126,503 | -113,640 | -262,883 | -302,742 | -305,023 | -332,963 | -244,722 | -217,222 | 278,542 | 270,408 | 296,062 | 361,161 | 604 | 52,147 | 21,244 | 289,128 | 207,103 | 131,299 | 178,166 | -141,676 | -142,304 | -96,025 | -66,122 | -54,478 | -77,930 | -58,167 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||
-8,512 | -71 | -3,941 | -1,744 | -11,720 | -9,312 | -5,988 | -2,106 | 10,355 | 8,240 | 1,276 | -255 | -4,316 | -8,517 | -5,078 | -4,835 | 522 | 387 | -3,296 | -6,355 | -12,275 | -11,419 | -5,986 | -1,494 | 4,732 | 803 | 4,139 | 5,251 | -9,366 | 3,462 | -7,324 | -21,713 | -9,506 | -8,227 | -2,470 | 23,489 | 7,284 | -9,493 | -8,287 | -17,935 | 0 | 0 | 0 |
Net decrease in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||
-27,367 | 8,934 | 11,438 | -374,138 | -109,309 | -63,664 | -8,613 | 365,524 | 121,089 | 57,939 | -8,714 | 29,050 | -35,747 | -36,977 | 22,212 | 56,085 | -9,611 | -7,289 | -58,995 | -72,435 | -15,644 | -17,022 | -177,111 | -199,387 | -160,270 | -53,482 | 222,777 | 260,850 | 196,540 | 88,234 | 7,981 | -88,099 | -58,643 | -18,620 | -21,702 | 86,436 | 73,299 | 51,322 | 19,150 | 48,306 | 0 | 0 | 0 |