| Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Cash Provided by (Used in) Operating Activities [Abstract] | |||||||||||||
Net income | |||||||||||||
1,041,000 | 1,026,000 | 1,088,000 | 905,000 | 733,000 | 733,000 | 693,000 | 592,000 | 718,000 | 662,000 | 724,000 | 0 | 0 | 0 |
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | |||||||||||||
189,000 | 205,000 | 228,000 | 107,000 | -71,000 | -71,000 | -76,000 | -70,000 | 51,000 | 39,000 | 91,000 | 0 | 0 | 0 |
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | |||||||||||||
852,000 | 821,000 | 860,000 | 798,000 | 804,000 | 804,000 | 769,000 | 662,000 | 667,000 | 623,000 | 633,000 | 0 | 0 | 0 |
Depreciation of property, plant and equipment | |||||||||||||
182,000 | 182,000 | 179,000 | 180,000 | 175,000 | 175,000 | 172,000 | 160,000 | 157,000 | 156,000 | 156,000 | 0 | 0 | 0 |
Amortization of intangibles and other assets | |||||||||||||
61,000 | 59,000 | 55,000 | 55,000 | 54,000 | 54,000 | 53,000 | 46,000 | 45,000 | 44,000 | 42,000 | 0 | 0 | 0 |
Deferred income tax provision | |||||||||||||
-15,000 | -7,000 | -12,000 | -12,000 | -7,000 | -7,000 | -8,000 | 9,000 | 23,000 | 30,000 | 27,000 | 0 | 0 | 0 |
Stock-based employee compensation expense | |||||||||||||
52,000 | 60,000 | 57,000 | 59,000 | 59,000 | 59,000 | 53,000 | 58,000 | 58,000 | 57,000 | 49,000 | 0 | 0 | 0 |
Contributions to employee savings plans in common stock | |||||||||||||
113,000 | 115,000 | 110,000 | 118,000 | 104,000 | 104,000 | 106,000 | 100,000 | 100,000 | 106,000 | 102,000 | 0 | 0 | 0 |
Amortization of pension and postretirement benefit plans net loss and prior service cost | |||||||||||||
59,000 | 68,000 | 67,000 | 64,000 | 62,000 | 62,000 | 59,000 | 54,000 | 53,000 | 51,000 | 48,000 | 0 | 0 | 0 |
Amortization of bond discounts and deferred debt issue costs (included in interest expense) | |||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Other non-cash items | |||||||||||||
-10,000 | -6,000 | -11,000 | -10,000 | -11,000 | -11,000 | -15,000 | -14,000 | -10,000 | -30,000 | -26,000 | 0 | 0 | 0 |
Changes in operating assets and liabilities, excluding amounts from acquisitions and divestitures, and discontinued operations: | |||||||||||||
Billed receivables | |||||||||||||
6,000 | 195,000 | 187,000 | 67,000 | 43,000 | 43,000 | 18,000 | -73,000 | 25,000 | 15,000 | -1,000 | 0 | 0 | 0 |
Contract assets | |||||||||||||
243,000 | 246,000 | 361,000 | 266,000 | 145,000 | 145,000 | 0 | 0 | 0 | 0 | - | - | - | - |
Contracts in process | |||||||||||||
- | 0 | -113,000 | -53,000 | -110,000 | - | 70,000 | -36,000 | 13,000 | 6,000 | -26,000 | 0 | 0 | 0 |
Inventories | |||||||||||||
-102,000 | -57,000 | -5,000 | 67,000 | 125,000 | 125,000 | 69,000 | -7,000 | -34,000 | -32,000 | -22,000 | 0 | 0 | 0 |
Prepaid expenses and other current assets | |||||||||||||
7,000 | 75,000 | 156,000 | 125,000 | 133,000 | 133,000 | 58,000 | 0 | 0 | 0 | - | - | - | - |
Other assets | |||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Accounts payable, trade | |||||||||||||
70,000 | 158,000 | 109,000 | 259,000 | 64,000 | 64,000 | 99,000 | -88,000 | -222,000 | -29,000 | -5,000 | 0 | 0 | 0 |
Accrued employment costs | |||||||||||||
-16,000 | 0 | 6,000 | 18,000 | 42,000 | 42,000 | 28,000 | 14,000 | 5,000 | -12,000 | 10,000 | 0 | 0 | 0 |
Accrued expenses | |||||||||||||
30,000 | 55,000 | 49,000 | -63,000 | 3,000 | 3,000 | 32,000 | 45,000 | 154,000 | 1,000 | -6,000 | 0 | 0 | 0 |
Contract liabilities | |||||||||||||
-110,000 | -108,000 | -7,000 | 2,000 | -41,000 | -41,000 | 0 | 0 | 0 | 0 | - | - | - | - |
Advance payments and billings in excess of costs incurred | |||||||||||||
- | 0 | 31,000 | 23,000 | 22,000 | - | 13,000 | 11,000 | 28,000 | -18,000 | -73,000 | 0 | 0 | 0 |
Income taxes | |||||||||||||
34,000 | 9,000 | -66,000 | -49,000 | -62,000 | -62,000 | -39,000 | 35,000 | -4,000 | 25,000 | 33,000 | 0 | 0 | 0 |
Other current liabilities | |||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Pension and postretirement benefits | |||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
All other operating activities | |||||||||||||
168,000 | 164,000 | 168,000 | 149,000 | 141,000 | 141,000 | 121,000 | 128,000 | 48,000 | 35,000 | 48,000 | 0 | 0 | 0 |
Net Cash Provided by (Used in) Operating Activities, Continuing Operations | |||||||||||||
1,251,000 | 1,042,000 | 746,000 | 848,000 | 864,000 | 864,000 | 985,000 | 1,017,000 | 961,000 | 996,000 | 1,022,000 | 0 | 0 | 0 |
Net Cash Provided by (Used in) Investing Activities [Abstract] | |||||||||||||
Business acquisitions, net of cash acquired | |||||||||||||
- | 369,000 | 393,000 | 194,000 | 177,000 | - | 316,000 | 652,000 | 552,000 | 500,000 | 388,000 | 0 | 0 | 0 |
Proceeds from Divestiture of Businesses and Interests in Affiliates | |||||||||||||
536,000 | 535,000 | 535,000 | 537,000 | 2,000 | 2,000 | 18,000 | 18,000 | 2,000 | 1,000 | 561,000 | 0 | 0 | 0 |
Working capital adjustment on prior divestitures | |||||||||||||
0 | - | - | - | - | 0 | - | - | - | - | - | - | - | - |
Capital expenditures | |||||||||||||
225,000 | 232,000 | 240,000 | 236,000 | 239,000 | 239,000 | 224,000 | 235,000 | 231,000 | 216,000 | 210,000 | 0 | 0 | 0 |
Dispositions of property, plant and equipment | |||||||||||||
4,000 | 3,000 | 9,000 | 10,000 | 75,000 | 75,000 | 74,000 | 73,000 | 75,000 | 15,000 | 21,000 | 0 | 0 | 0 |
Other investing activities | |||||||||||||
8,000 | 28,000 | 26,000 | 33,000 | 39,000 | 39,000 | 5,000 | 8,000 | 1,000 | -2,000 | -6,000 | 0 | 0 | 0 |
Net cash used in investing activities from continuing operations | |||||||||||||
-82,000 | -91,000 | -115,000 | 84,000 | -378,000 | -378,000 | -453,000 | -804,000 | -707,000 | -698,000 | -10,000 | 0 | 0 | 0 |
Net Cash Provided by (Used in) Financing Activities [Abstract] | |||||||||||||
Proceeds from Lines of Credit | |||||||||||||
294,000 | 501,000 | 564,000 | 671,000 | 871,000 | 871,000 | 1,328,000 | 1,749,000 | 1,657,000 | 1,266,000 | 819,000 | 0 | 0 | 0 |
Repayments of Lines of Credit | |||||||||||||
294,000 | 501,000 | 564,000 | 671,000 | 871,000 | 871,000 | 1,328,000 | 1,749,000 | 1,657,000 | 1,266,000 | 819,000 | 0 | 0 | 0 |
Common stock repurchased | |||||||||||||
203,000 | 322,000 | 411,000 | 441,000 | 299,000 | 299,000 | 180,000 | 138,000 | 123,000 | 175,000 | 373,000 | 0 | 0 | 0 |
Dividends paid | |||||||||||||
259,000 | 254,000 | 249,000 | 245,000 | 240,000 | 240,000 | 236,000 | 232,000 | 227,000 | 223,000 | 220,000 | 0 | 0 | 0 |
Proceeds from exercises of stock options | |||||||||||||
113,000 | 149,000 | 152,000 | 124,000 | 89,000 | 89,000 | 46,000 | 40,000 | 40,000 | 51,000 | 53,000 | 0 | 0 | 0 |
Proceeds from employee stock purchase plan | |||||||||||||
25,000 | 33,000 | 33,000 | 33,000 | 32,000 | 32,000 | 32,000 | 32,000 | 31,000 | 31,000 | 31,000 | 0 | 0 | 0 |
Repurchases of common stock to satisfy tax withholding obligations | |||||||||||||
30,000 | 31,000 | 24,000 | 24,000 | 23,000 | 23,000 | 18,000 | 19,000 | 19,000 | 19,000 | 21,000 | 0 | 0 | 0 |
Other financing activities | |||||||||||||
-18,000 | -13,000 | -14,000 | -8,000 | -8,000 | -8,000 | -10,000 | -11,000 | -9,000 | -6,000 | -7,000 | 0 | 0 | 0 |
Net cash used in financing activities from continuing operations | |||||||||||||
-454,000 | -520,000 | -596,000 | -39,000 | -449,000 | -449,000 | -366,000 | -342,000 | -321,000 | -660,000 | -856,000 | 0 | 0 | 0 |
Effect of Exchange Rate on Cash and Cash Equivalents | |||||||||||||
-18,000 | -15,000 | -5,000 | 2,000 | 22,000 | 22,000 | 20,000 | 6,000 | -3,000 | -9,000 | -13,000 | 0 | 0 | 0 |
Net cash from (used in) discontinued operations: | |||||||||||||
Operating activities | |||||||||||||
38,000 | -10,000 | 42,000 | 90,000 | 89,000 | 89,000 | 117,000 | 159,000 | 111,000 | 74,000 | 19,000 | 0 | 0 | 0 |
Investing activities | |||||||||||||
-1,000 | -2,000 | -4,000 | -4,000 | -4,000 | -4,000 | -4,000 | 0 | 0 | 0 | - | - | - | - |
Net Cash Provided by (Used in) Discontinued Operations | |||||||||||||
37,000 | -12,000 | 38,000 | 86,000 | 85,000 | 85,000 | 113,000 | 0 | 0 | 0 | - | - | - | - |
Net increase (decrease) cash and cash equivalents | |||||||||||||
734,000 | 404,000 | 68,000 | 981,000 | 144,000 | 144,000 | 299,000 | 28,000 | 33,000 | -304,000 | 156,000 | 0 | 0 | 0 |