Reference no: EM131868834
What where the three most significant sources of cash?
What where the most significant uses of cash?
2017 2016
Net earnings 1,142,503.00 949,622.00
Adjustments to reconcile net earning to cash provided by operating activies:
Share-based compensation expense 83,883.00 79,466.00
Depreciation and amortization 901,992.00 662,710.00
Amortization of det issuance and other debt-related cost 31,852.00 45,137.00
Loss on extinguishment of debt - 86,460.00
Loss on foreign exchange remeasurement - 101,228.00
Deferred income taxes (51,846.00) 93,871.00
Provision for losses on receivables 20,672.00 20,372.00
Other non-cash items 6,704.00 23,347.00
Additional changes in ceratin assets and liabilities, net of effects of businessess acquired
Decrease (Increase) in receivables 20,452.00 (27,311.00)
(Increase) decrease in inventories (113,647.00) 66,937.00
Decrease (Increase) in prepaid expenses and other current assets 8,158.00 (8,468.00)
Increase in accounts payable 322,775.00 23,863.00
(Decrease) increase in accrued expenses (28,422.00) (178,275.00)
(Decrease) increase in accured income taxes (74,590.00) 231,542.00
(Increase) in other assets (36,449.00) (6,639.00)
(Decrease) in other long-term liabilities (18,629.00) (196,190.00)
Excess tax benefits from share-based compensation arrangements (38,983.00) (34,530.00)
Net cash provided by operating activities 2,176,425.00 1,933,142.00
Additions to plant and equipment (686,378.00) (527,346.00)
Proceeds from sales of plant and equipment 23,715.00 23,511.00
Acquisition of business, net of cash acquired (2,921,798.00) (219,218.00)
Decrease (increase) in restricted cash - 168,274.00
Purchase of foreign currency options - (103,501.00)
Proceeds from the slae of foreign currency option - 57,452.00
Net cash used for investing activities (3,584,461.00) (600,828.00)
Bank and commercial paper borrowings (repayments) 119,700.00 -
Other debt borrowings including senior notes 753,834.00 5,134,709.00
Other debt repayments (143,664.00) (126,797.00)
Redemption of senior notes - (5,050,000.00)
Debt issuance cost (8,599.00) (39,676.00)
Cash paid for settlement of cash flow hedging - (6,134.00)
Cash received (paid) from termination of interest rate swap agreements - 14,496.00
Proceeds from stock option exercise 204,805.00 282,455.00
Treasury stock purchases (1,886,121.00) (1,949,445.00)
Dividends paid (698,647.00) (698,869.00)
Excess tax benefits from share-based compensation arrangements 38,983.00 34,530.00
Net cash used for finanicing activities (1,619,709.00) (2,404,731.00)