| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||||||||||||||||||||||
Net income | ||||||||||||||||||||||||||||||||||||
360,000 | 401,000 | 508,000 | 573,000 | 549,000 | 549,000 | 394,000 | 368,000 | 353,000 | 330,000 | 310,000 | 279,000 | 250,000 | 260,000 | 324,000 | 339,000 | 342,000 | 340,000 | 322,000 | 340,000 | 352,000 | 337,000 | 309,000 | 276,000 | 236,000 | 228,000 | 233,000 | 232,000 | 275,000 | 297,000 | 276,000 | 281,000 | 264,000 | 279,000 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||||||||||||||||
Depreciation | ||||||||||||||||||||||||||||||||||||
117,000 | 117,000 | 118,000 | 117,000 | 117,000 | 117,000 | 113,000 | 112,000 | 110,000 | 109,000 | 109,000 | 101,000 | 95,000 | 87,000 | 80,000 | 82,000 | 84,000 | 88,000 | 94,000 | 95,000 | 96,000 | 95,000 | 97,000 | 97,000 | 97,000 | 99,000 | 98,000 | 99,000 | 96,000 | 94,000 | 57,000 | 69,000 | 83,000 | 93,000 | 0 | 0 | 0 |
Amortization | ||||||||||||||||||||||||||||||||||||
140,000 | 140,000 | 140,000 | 139,000 | 141,000 | 144,000 | 142,000 | 138,000 | 132,000 | 125,000 | 119,000 | 101,000 | 83,000 | 64,000 | 48,000 | 47,000 | 46,000 | 45,000 | 43,000 | 44,000 | 45,000 | 47,000 | 50,000 | 51,000 | 52,000 | 51,000 | 51,000 | 50,000 | 49,000 | 48,000 | 0 | 0 | 0 | - | - | - | - |
Share-based compensation | ||||||||||||||||||||||||||||||||||||
28,000 | 29,000 | 30,000 | 30,000 | 30,000 | 30,000 | 28,000 | 26,000 | 24,000 | 21,000 | 19,000 | 19,000 | 19,000 | 18,000 | 19,000 | 17,000 | 16,000 | 15,000 | 15,000 | 17,000 | 18,000 | 18,000 | 20,000 | 24,000 | 25,000 | 27,000 | 27,000 | 24,000 | 23,000 | 22,000 | 22,000 | 18,000 | 15,000 | 13,000 | 0 | 0 | 0 |
Restructuring and asset impairment charges | ||||||||||||||||||||||||||||||||||||
54,000 | 63,000 | 61,000 | 32,000 | 23,000 | 22,000 | 22,000 | 22,000 | 23,000 | 25,000 | 34,000 | 36,000 | 36,000 | 30,000 | 19,000 | 14,000 | 9,000 | 6,000 | 13,000 | 12,000 | 14,000 | 26,000 | 30,000 | 35,000 | 52,000 | 42,000 | 43,000 | 42,000 | 22,000 | 17,000 | 0 | 0 | 0 | - | - | - | - |
Gain from sale of business | ||||||||||||||||||||||||||||||||||||
0 | 1,000 | 1,000 | 3,000 | 1,000 | 0 | -14,000 | -17,000 | -15,000 | -10,000 | 4,000 | 5,000 | 5,000 | 0 | 0 | 0 | 0 | 9,000 | 9,000 | 20,000 | 20,000 | 11,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | ||||||||||||||||||||||||||||||||||||
-12,000 | -9,000 | -14,000 | -20,000 | -14,000 | -9,000 | -3,000 | -8,000 | -17,000 | -19,000 | -16,000 | -2,000 | -3,000 | -6,000 | -10,000 | -17,000 | -12,000 | -12,000 | -14,000 | -6,000 | 1,000 | -2,000 | -2,000 | -7,000 | -19,000 | -15,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Payments for restructuring | ||||||||||||||||||||||||||||||||||||
34,000 | 30,000 | 24,000 | 21,000 | 20,000 | 21,000 | 21,000 | 23,000 | 25,000 | 28,000 | 30,000 | 27,000 | 22,000 | 16,000 | 14,000 | 11,000 | 10,000 | 14,000 | 17,000 | 18,000 | 23,000 | 26,000 | 31,000 | 41,000 | 40,000 | 35,000 | 33,000 | 20,000 | 13,000 | 9,000 | 0 | 1,000 | 2,000 | 7,000 | 0 | 0 | 0 |
Changes in assets and liabilities (net of acquisitions): | ||||||||||||||||||||||||||||||||||||
Changes in receivables | ||||||||||||||||||||||||||||||||||||
7,000 | 23,000 | 100,000 | 103,000 | 87,000 | 103,000 | 41,000 | 77,000 | 76,000 | 79,000 | 93,000 | 57,000 | 40,000 | 6,000 | 19,000 | 15,000 | 6,000 | 24,000 | 29,000 | 33,000 | 28,000 | 37,000 | 16,000 | 48,000 | 53,000 | 47,000 | 36,000 | 13,000 | 4,000 | -2,000 | 36,000 | 23,000 | 51,000 | 61,000 | 0 | 0 | 0 |
Changes in inventories | ||||||||||||||||||||||||||||||||||||
-18,000 | -47,000 | -16,000 | 20,000 | 82,000 | 97,000 | 74,000 | 47,000 | 3,000 | -27,000 | -13,000 | -11,000 | -6,000 | 15,000 | 4,000 | -11,000 | -25,000 | -23,000 | 2,000 | 23,000 | 40,000 | 49,000 | 42,000 | 48,000 | 52,000 | 39,000 | 21,000 | -5,000 | -7,000 | -5,000 | 11,000 | 31,000 | 33,000 | 18,000 | 0 | 0 | 0 |
Changes in accounts payable | ||||||||||||||||||||||||||||||||||||
-22,000 | 29,000 | -30,000 | -26,000 | 28,000 | 51,000 | 98,000 | 123,000 | 88,000 | 50,000 | 50,000 | 33,000 | 30,000 | 61,000 | 28,000 | 26,000 | 15,000 | 20,000 | 25,000 | 18,000 | 23,000 | 17,000 | -2,000 | 10,000 | 10,000 | 4,000 | 7,000 | -20,000 | -26,000 | -4,000 | 15,000 | 17,000 | 36,000 | -9,000 | 0 | 0 | 0 |
Changes in accrued liabilities | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 53,000 | 0 | 0 | 0 |
Changes in accrued taxes | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 56,000 | 0 | 0 | 0 |
Net changes in other assets and liabilities | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,000 | 0 | 0 | 0 |
Other, net | ||||||||||||||||||||||||||||||||||||
0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | - | - | - |
Net Cash – Operating activities | ||||||||||||||||||||||||||||||||||||
754,000 | 839,000 | 649,000 | 591,000 | 606,000 | 586,000 | 695,000 | 736,000 | 697,000 | 686,000 | 602,000 | 523,000 | 508,000 | 497,000 | 478,000 | 466,000 | 466,000 | 464,000 | 423,000 | 441,000 | 433,000 | 416,000 | 414,000 | 360,000 | 326,000 | 324,000 | 329,000 | 333,000 | 355,000 | 396,000 | 427,000 | 413,000 | 439,000 | 449,000 | 0 | 0 | 0 |
Investing Activities | ||||||||||||||||||||||||||||||||||||
Capital expenditures | ||||||||||||||||||||||||||||||||||||
208,000 | 226,000 | 241,000 | 255,000 | 245,000 | 237,000 | 222,000 | 204,000 | 188,000 | 170,000 | 153,000 | 139,000 | 130,000 | 124,000 | 129,000 | 122,000 | 117,000 | 117,000 | 120,000 | 128,000 | 131,000 | 119,000 | 112,000 | 114,000 | 121,000 | 126,000 | 122,000 | 115,000 | 111,000 | 112,000 | 128,000 | 130,000 | 138,000 | 126,000 | 0 | 0 | 0 |
Proceeds from the sale of property, plant and equipment | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | 1,000 | 4,000 | 4,000 | 6,000 | 8,000 | 5,000 | 6,000 | 5,000 | 6,000 | 9,000 | 11,000 | 11,000 | 0 | 0 | 0 |
Acquisitions of businesses, net of cash acquired | ||||||||||||||||||||||||||||||||||||
13,000 | 18,000 | 18,000 | 21,000 | 8,000 | 433,000 | 450,000 | 457,000 | 457,000 | 33,000 | 1,728,000 | 1,718,000 | 1,718,000 | 1,782,000 | 88,000 | 88,000 | 88,000 | 18,000 | 0 | 0 | 0 | - | - | - | - | 81,000 | 110,000 | 122,000 | 119,000 | 41,000 | 0 | 0 | 0 | - | - | - | - |
Proceeds from Divestiture of Businesses | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 16,000 | 11,000 | 11,000 | 11,000 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 31,000 | 31,000 | 30,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | ||||||||||||||||||||||||||||||||||||
-6,000 | 0 | -9,000 | -4,000 | -2,000 | -5,000 | 0 | 0 | 0 | - | - | - | - | -19,000 | -5,000 | -4,000 | -4,000 | -2,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
Net Cash – Investing activities | ||||||||||||||||||||||||||||||||||||
-202,000 | -231,000 | -249,000 | -252,000 | -229,000 | -643,000 | -638,000 | -649,000 | -634,000 | -181,000 | -1,853,000 | -1,828,000 | -1,819,000 | -1,886,000 | -213,000 | -206,000 | -201,000 | -132,000 | -115,000 | -92,000 | -98,000 | -86,000 | -79,000 | -108,000 | -118,000 | -199,000 | -223,000 | -232,000 | -223,000 | -147,000 | -135,000 | -428,000 | -434,000 | -423,000 | 0 | 0 | 0 |
Financing Activities | ||||||||||||||||||||||||||||||||||||
Net transfer to former parent | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 995,000 | 0 | 0 | 0 |
Short-term debt issued, net | ||||||||||||||||||||||||||||||||||||
424,000 | 281,000 | 242,000 | 155,000 | 14,000 | 335,000 | 410,000 | 404,000 | 371,000 | 0 | 212,000 | 218,000 | 234,000 | 274,000 | 62,000 | 89,000 | 40,000 | 0 | 50,000 | 51,000 | 50,000 | 52,000 | 41,000 | 40,000 | 41,000 | 39,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Short-term debt repaid | ||||||||||||||||||||||||||||||||||||
257,000 | 254,000 | 0 | 0 | 0 | - | - | - | - | 282,000 | 184,000 | 68,000 | 85,000 | 80,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long-term debt issued | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repurchase of common stock | ||||||||||||||||||||||||||||||||||||
61,000 | 40,000 | 40,000 | 40,000 | 65,000 | 59,000 | 58,000 | 58,000 | 53,000 | 25,000 | 26,000 | 26,000 | 6,000 | 4,000 | 54,000 | 129,000 | 129,000 | 179,000 | 130,000 | 85,000 | 136,000 | 134,000 | 161,000 | 157,000 | 109,000 | 73,000 | 53,000 | 28,000 | 27,000 | 13,000 | 0 | 0 | 0 | - | - | - | - |
Proceeds from exercise of employee stock options | ||||||||||||||||||||||||||||||||||||
14,000 | 13,000 | 10,000 | 11,000 | 8,000 | 7,000 | 15,000 | 13,000 | 18,000 | 16,000 | 10,000 | 15,000 | 17,000 | 24,000 | 29,000 | 28,000 | 23,000 | 21,000 | 23,000 | 18,000 | 21,000 | 26,000 | 37,000 | 38,000 | 33,000 | 22,000 | 4,000 | 9,000 | 8,000 | 24,000 | 0 | 0 | 0 | - | - | - | - |
Excess tax benefit from share based compensation | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||||||||||||||||||||||||||
178,000 | 174,000 | 169,000 | 163,000 | 158,000 | 152,000 | 147,000 | 141,000 | 135,000 | 130,000 | 125,000 | 121,000 | 117,000 | 112,000 | 109,000 | 107,000 | 104,000 | 102,000 | 100,000 | 98,000 | 96,000 | 94,000 | 93,000 | 91,000 | 89,000 | 87,000 | 84,000 | 79,000 | 78,000 | 75,000 | 0 | 0 | 0 | - | - | - | - |
Other, net | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | 0 | 1,000 | -1,000 | -2,000 | 0 | -2,000 | -1,000 | -1,000 | 0 | 0 | -1,000 | -1,000 | -1,000 | -1,000 | 1,000 | 3,000 | 1,000 | 0 | 0 | 0 | - | - | - | 7,000 | 0 | 0 | 0 | 0 | - | - | - | - |
Net Cash – Financing activities | ||||||||||||||||||||||||||||||||||||
-61,000 | -177,000 | -334,000 | -267,000 | -371,000 | -40,000 | 73,000 | -54,000 | -78,000 | -421,000 | 885,000 | 1,017,000 | 434,000 | 1,034,000 | -218,000 | -264,000 | 368,000 | -262,000 | -159,000 | -113,000 | -156,000 | -147,000 | -173,000 | -170,000 | -126,000 | -100,000 | -142,000 | -103,000 | -100,000 | -74,000 | -51,000 | 253,000 | 195,000 | 172,000 | 0 | 0 | 0 |
Effect of exchange rate changes on cash | ||||||||||||||||||||||||||||||||||||
-27,000 | -3,000 | -17,000 | -10,000 | -28,000 | -21,000 | -9,000 | 0 | 25,000 | 22,000 | -10,000 | -10,000 | -29,000 | -17,000 | 1,000 | -10,000 | 6,000 | -53,000 | -67,000 | -86,000 | -91,000 | -53,000 | -27,000 | 8,000 | 9,000 | 4,000 | 6,000 | 4,000 | -4,000 | 11,000 | -1,000 | -18,000 | -7,000 | -11,000 | 0 | 0 | 0 |
Net change in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||
464,000 | 428,000 | 49,000 | 62,000 | -22,000 | -118,000 | 121,000 | 33,000 | 10,000 | 106,000 | -376,000 | -298,000 | -906,000 | -372,000 | 48,000 | -14,000 | 639,000 | 17,000 | 82,000 | 150,000 | 88,000 | 130,000 | 135,000 | 90,000 | 91,000 | 29,000 | -30,000 | 2,000 | 28,000 | 186,000 | 240,000 | 220,000 | 193,000 | 187,000 | 0 | 0 | 0 |
Supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||
Cash paid during the period for: | ||||||||||||||||||||||||||||||||||||
Interest | ||||||||||||||||||||||||||||||||||||
76,000 | 77,000 | 77,000 | 77,000 | 77,000 | 78,000 | 79,000 | 78,000 | 80,000 | 78,000 | 61,000 | 61,000 | 36,000 | 49,000 | 49,000 | 60,000 | 66,000 | 52,000 | 52,000 | 51,000 | 51,000 | 51,000 | 50,000 | 51,000 | 51,000 | 51,000 | 52,000 | 53,000 | 53,000 | 53,000 | 0 | 0 | 0 | - | - | - | - |
Income taxes (net of refunds received) | ||||||||||||||||||||||||||||||||||||
97,000 | 107,000 | 109,000 | 98,000 | 76,000 | 75,000 | 59,000 | 61,000 | 57,000 | 57,000 | 76,000 | 76,000 | 80,000 | 78,000 | 78,000 | 82,000 | 82,000 | 75,000 | 69,000 | 73,000 | 71,000 | 81,000 | 73,000 | 63,000 | 56,000 | 65,000 | 89,000 | 102,000 | 113,000 | 104,000 | 103,000 | 100,000 | 73,000 | 64,000 | 0 | 0 | 0 |