Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Operating Activities    
Net income $ 215,227 $ 201,420
Adjustments to reconcile net income to cash used by operating activities:    
Depreciation 35,064 30,096
Amortization of intangible assets 12,181 9,776
Other amortization 5,658 5,069
Stock-based compensation 22,922 13,702
Pension contributions under expense 17,829 10,817
Other, net 21,356 2,615
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (73,491) (101,628)
Inventories (55,174) (101,511)
Other current assets (6,657) 726
Accounts payable (188,949) (94,167)
Accrued compensation (93,453) (64,313)
Accrued income taxes 7,242 14,651
Accrued liabilities (30,459) 8,922
Other assets and liabilities (1,433) 30,960
Cash used by operating activities (112,137) (32,865)
Investing Activities    
Capital expenditures (25,140) (33,607)
Trademarks acquisition   (55,500)
Software purchases (13,370) (7,256)
Other, net 6,341 53
Cash used by investing activities (32,169) (96,310)
Financing Activities    
Net increase in short-term borrowings 397,595 3,427
Payments on long-term debt (698) (550)
Purchase of Common Stock (210,840) (2,453)
Cash dividends paid (79,924) (68,475)
Proceeds from issuance of Common Stock, net (2,164) 46,036
Tax benefits of stock option exercises 22,055 8,384
Cash provided (used) by financing activities 126,024 (13,631)
Effect of Foreign Currency Rate Changes on Cash and Equivalents 2,703 23,530
Net Change in Cash and Equivalents (15,579) (119,276)
Cash and Equivalents - Beginning of Year 341,228 792,239
Cash and Equivalents - End of Period $ 325,649 $ 672,963