Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Sep. 29, 2018
Sep. 30, 2017
OPERATING ACTIVITIES    
Net income [1] $ 667,479,000 $ 496,029,000
Adjustments to reconcile net income to cash provided by operating activities:    
Impairment of goodwill [1] 0 104,651,000
Depreciation and amortization [1] 144,995,000 141,152,000
Stock-based compensation [1] 55,129,000 42,668,000
Provision for doubtful accounts [1] 10,415,000 8,706,000
Pension expense in excess of contributions [1] 1,595,000 9,820,000
(Gain) loss on sale of businesses, net of tax [1] 24,788,000 2,521,000
Other, net [1] 21,788,000 (4,123,000)
Changes in operating assets and liabilities:    
Accounts receivable [1] (837,808,000) (541,345,000)
Inventories [1] (433,351,000) (230,707,000)
Accounts payable [1] 150,613,000 95,957,000
Income taxes [1] (91,579,000) (43,069,000)
Accrued liabilities [1] 384,211,000 148,968,000
Other assets and liabilities [1] 4,676,000 (14,383,000)
Cash provided by operating activities [1] 102,951,000 216,845,000
INVESTING ACTIVITIES    
Business acquisitions, net of cash received [1] (320,405,000) 0
Proceeds from sale of businesses, net of cash sold [1] 288,273,000 213,494,000
Capital expenditures [1] (140,196,000) (83,537,000)
Software purchases [1] (32,748,000) (32,794,000)
Other, net [1] (13,251,000) (3,734,000)
Cash (used) provided by investing activities [1] (218,327,000) 93,429,000
FINANCING ACTIVITIES    
Net increase in short-term borrowings [1] 40,219,000 1,697,179,000
Payments on long-term debt [1] (3,107,000) (1,845,000)
Purchases of treasury stock [1] (480,000) (762,059,000)
Cash dividends paid [1] (363,851,000) (330,280,000)
Proceeds from issuance of Common Stock, net of shares withheld for taxes [1] 130,114,000 44,861,000
Cash (used) provided by financing activities [1] (197,105,000) 647,856,000
Effect of foreign currency rate changes on cash, cash equivalents and restricted cash [1] (17,270,000) (16,142,000)
Net change in cash, cash equivalents and restricted cash [1] (329,751,000) 941,988,000
Cash, cash equivalents and restricted cash – beginning of year [1] 689,190,000 608,280,000
Cash, cash equivalents and restricted cash – end of period [1] $ 359,439,000 $ 1,550,268,000
[1] The cash flows related to discontinued operations and held-for-sale assets and liabilities have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations.