| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities | ||||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||||
-213,512 | -533,299 | -1,054,579 | 312,908 | 369,416 | 498,874 | 903,944 | 776,464 | 768,508 | 684,863 | 528,704 | 379,636 | 599,993 |
Adjustments to reconcile net loss to net cash flows used for operating activities: | ||||||||||||
Net loss on sale of other property, plant, and equipment | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -2,790 |
Depreciation | ||||||||||||
204,406 | 232,837 | 240,818 | 235,797 | 233,025 | 207,701 | 179,333 | 157,536 | 147,458 | 149,977 | 152,065 | 160,048 | 160,790 |
Amortization | ||||||||||||
40,112 | 39,095 | 33,949 | 26,543 | 32,402 | 41,000 | 17,060 | 16,746 | 13,840 | 15,831 | 17,765 | 12,047 | 11,290 |
Tax deficiency (benefit) from share-based payment arrangements | ||||||||||||
- | - | - | - | - | - | - | 35,798 | 24,199 | 7,530 | 36,726 | -2,303 | 5,706 |
Share-based compensation | ||||||||||||
56,000 | 48,900 | 67,100 | 54,000 | 56,691 | 51,993 | 61,651 | 63,277 | 53,476 | 67,138 | 49,962 | 35,757 | 22,163 |
Bad debt expense | ||||||||||||
967 | 40,894 | 17,568 | 9,165 | - | - | - | - | - | - | - | - | - |
Inventory obsolescence | ||||||||||||
75,139 | 74,974 | 127,592 | 31,455 | 33,305 | - | - | - | - | - | - | - | - |
Asset Impairment Charges | ||||||||||||
38,700 | 18,200 | 56,324 | 0 | 0 | - | 14,000 | - | - | 15,444 | 11,146 | 4,000 | 0 |
Deferred income taxes | ||||||||||||
-22,625 | 13,349 | -18,010 | -1,350 | 4,133 | 8,142 | 19,632 | -36,183 | 49,368 | -3,871 | -21,971 | -13,535 | 23,034 |
Establishment of valuation allowance on U.S. deferred tax assets | ||||||||||||
0 | 0 | 566,346 | - | - | - | - | - | - | - | - | - | - |
Indefinite reinvestment assertion and U.S. Tax Act | ||||||||||||
0 | 18,275 | -107,049 | 0 | - | - | - | - | - | - | - | - | - |
Valuation allowance on deferred tax assets | ||||||||||||
0 | 0 | 566,346 | 0 | - | - | - | - | - | - | - | - | - |
Loss on discontinuation of Venezuelan operations | ||||||||||||
0 | 0 | -59,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Valuation allowance on U.S. deferred tax assets and U.S. tax reform | ||||||||||||
- | - | - | - | 0 | - | - | - | - | - | - | - | - |
Changes in assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
-41,029 | -72,415 | 3,484 | 29,698 | 136,259 | -90,285 | 48,802 | -66,999 | 175,526 | 394,688 | -154,909 | 20,159 | -15,510 |
Inventories | ||||||||||||
26,920 | 53,840 | 91,644 | 68,650 | 107,567 | -43,392 | 116,509 | -34,382 | 40,015 | 106,182 | -137,072 | 96,645 | 17,218 |
Prepaid expenses and other current assets | ||||||||||||
-47,971 | -54,230 | -33,681 | -34,754 | 36,865 | 25,319 | 43,159 | 66,401 | 22,689 | 5,464 | 5,350 | 24,064 | -41,859 |
Accounts payable, accrued liabilities, and income taxes payable | ||||||||||||
-58,679 | -47,397 | 93,844 | 13,206 | 248,047 | -34,653 | -201,868 | 312,634 | -87,021 | 109,061 | -10,472 | -10,341 | -306,235 |
Other, net | ||||||||||||
1,608 | 5,968 | 49,062 | 23,571 | -38,229 | -7,149 | 86,856 | 14,006 | 18,507 | -3,391 | 32,063 | -7,291 | -12,262 |
Net cash flows used for operating activities | ||||||||||||
180,977 | -27,317 | -27,614 | 594,509 | 734,557 | 888,564 | 698,426 | 1,275,650 | 664,693 | 527,970 | 945,041 | 436,338 | 560,532 |
Cash Flows From Investing Activities | ||||||||||||
Purchases of tools, dies, and molds | ||||||||||||
50,509 | 74,662 | 128,940 | 140,124 | 111,818 | 113,221 | 123,974 | 110,978 | 88,721 | 55,249 | 43,493 | 114,796 | 78,358 |
Purchases of other property, plant, and equipment | ||||||||||||
65,843 | 77,752 | 168,219 | 122,069 | 142,363 | 147,236 | 128,080 | 108,070 | 102,193 | 81,405 | 76,994 | 84,012 | 68,275 |
Increase in investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 85,300 | 35,000 |
Proceeds from sale of investments | ||||||||||||
- | - | - | - | - | - | - | - | - | 10,549 | 73,132 | - | 0 |
Proceeds from sale of other property, plant, and equipment | ||||||||||||
- | - | - | - | - | - | - | - | - | 2,538 | 1,351 | 7,199 | 827 |
Payments for intangible assets acquired | ||||||||||||
- | - | - | - | - | - | - | - | - | 15,761 | 3,299 | - | - |
(Payments for) proceeds from foreign currency forward exchange contracts, net | ||||||||||||
681 | 18,615 | -60,993 | 6,103 | 61,509 | 19,933 | -12,849 | -2,964 | -16,432 | 7,322 | -15,774 | -23,633 | 0 |
Payments for acquisition, net of cash acquired | ||||||||||||
- | - | - | 33,154 | 0 | 423,309 | 0 | 684,522 | - | - | - | - | 104,484 |
Other, net | ||||||||||||
-2,857 | -10,271 | -503 | 10,460 | -33,195 | 4,853 | 2,901 | -454 | 22 | - | - | - | - |
Payments for businesses acquired | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 58,396 | - |
Net cash flows used for investing activities | ||||||||||||
-114,176 | -160,758 | -235,663 | -311,910 | -282,495 | -708,552 | -242,106 | -900,152 | -174,504 | -146,650 | -33,529 | -311,672 | -285,290 |
Cash Flows From Financing Activities | ||||||||||||
Payments of short-term borrowings, net | ||||||||||||
4,176 | 0 | 1,611,586 | 83,914 | 0 | 4,278 | 9,844 | 8,018 | 236,811 | 7,404 | 451,815 | 976,266 | 43,665 |
Proceeds from short-term borrowings, net | ||||||||||||
0 | 4,176 | 1,419,418 | 259,168 | 16,914 | 0 | 4,278 | 9,844 | 244,829 | 5,454 | 453,090 | 633,410 | 389,926 |
Payments of long-term borrowings | ||||||||||||
607,898 | 750,000 | 0 | 300,000 | 0 | 44,587 | 400,000 | 50,000 | 250,000 | 50,000 | 150,000 | 50,000 | 100,000 |
Proceeds from long-term borrowings, net | ||||||||||||
588,244 | 471,797 | 988,622 | 350,000 | 0 | 495,459 | 495,260 | - | 591,801 | 493,175 | - | 347,183 | 0 |
Payment of credit facility renewal costs | ||||||||||||
- | - | - | - | - | - | 4,003 | - | 6,917 | - | 11,452 | - | 0 |
Share repurchases | ||||||||||||
- | - | - | - | - | 177,162 | 492,740 | 66,733 | 524,009 | 446,704 | - | 90,570 | 806,349 |
Payments of Ordinary Dividends, Common Stock | ||||||||||||
0 | 0 | 312,000 | 518,529 | 515,073 | 514,813 | 494,371 | 423,378 | 316,503 | 291,256 | 271,353 | 268,854 | 272,343 |
Proceeds from exercise of stock options | ||||||||||||
0 | 0 | 1,800 | 34,100 | 14,995 | 43,299 | 134,500 | 122,296 | 115,611 | 73,364 | 30,896 | 18,303 | 222,561 |
Tax (deficiency) benefit from share-based payment arrangements | ||||||||||||
- | - | - | - | - | - | - | 35,798 | 24,199 | 7,530 | 36,726 | -2,303 | 5,706 |
Other, net | ||||||||||||
-9,308 | -11,130 | -27,806 | -22,261 | -17,058 | -25,237 | 26,952 | -30,737 | -39,508 | -8,975 | -12,182 | -6,598 | 16,399 |
Net cash flows provided by (used for) financing activities | ||||||||||||
-33,138 | -285,157 | 458,450 | -281,471 | -500,222 | -227,319 | -739,962 | -410,928 | -397,308 | -224,816 | -376,090 | -395,695 | -587,765 |
Effect of Currency Exchange Rate Changes on Cash | ||||||||||||
1,884 | -11,508 | 14,517 | -24,411 | -30,676 | -20,259 | -12,853 | 2,028 | -4,891 | 7,622 | -36,119 | -12,425 | 8,119 |
Decrease in Cash and Equivalents | ||||||||||||
35,547 | -484,740 | 209,690 | -23,283 | -78,836 | -67,566 | -296,495 | -33,402 | 87,990 | 164,126 | 499,303 | -283,454 | -304,404 |
Supplemental Cash Flow Information: | ||||||||||||
Income taxes, gross | ||||||||||||
72,647 | 99,586 | 117,690 | 113,022 | 120,232 | 141,964 | 175,603 | 159,070 | 173,625 | 149,327 | 131,333 | 118,347 | 173,617 |
Interest | ||||||||||||
190,922 | 173,951 | 103,339 | 84,763 | 83,005 | 79,122 | 81,874 | 88,524 | 76,502 | 53,023 | 69,503 | 77,466 | 70,195 |