|
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Mar. 31, 2015
|
Mar. 31, 2014
|
Mar. 31, 2013
|
| Cash flows from operating activities: |
|
|
|
| Net income |
$ 600,801 |
$ 365,594 |
$ 277,051 |
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Depreciation, amortization and other impairment charges |
540,490 |
464,543 |
566,357 |
| Non-cash other income |
(20,628) |
(18,724) |
(45,765) |
| Stock-based compensation |
50,270 |
40,439 |
34,529 |
| Income taxes |
(59,261) |
(36,261) |
(32,647) |
| Changes in operating assets and liabilities, net of acquisitions: |
|
|
|
| Accounts receivable |
316,773 |
(592,346) |
519,140 |
| Inventories |
72,660 |
(758,846) |
596,131 |
| Other current and noncurrent assets |
125,218 |
(165,760) |
61,567 |
| Accounts payable |
(176,941) |
1,117,449 |
(671,424) |
| Other current and noncurrent liabilities |
(655,348) |
800,372 |
(189,509) |
| Net cash provided by operating activities |
794,034 |
1,216,460 |
1,115,430 |
| Cash flows from investing activities: |
|
|
|
| Purchases of property and equipment |
(347,413) |
(609,643) |
(488,993) |
| Proceeds from the disposition of property and equipment |
107,689 |
94,640 |
53,665 |
| Acquisition of businesses, net of cash acquired |
(61,361) |
(238,031) |
(184,097) |
| Proceeds from divestitures of business, net of cash held in divested business |
(5,493) |
4,599 |
22,585 |
| Other investing activities, net |
64,362 |
(35,497) |
(100,359) |
| Net cash provided by (used in) investing activities |
(242,216) |
(783,932) |
(697,199) |
| Cash flows from financing activities: |
|
|
|
| Proceeds from bank borrowings and long-term debt |
319,542 |
1,066,653 |
1,250,213 |
| Repayments of bank borrowings and long-term debt |
(344,156) |
(537,580) |
(391,859) |
| Payments for early retirement of long-term debt |
|
(544,840) |
(1,000,000) |
| Payments for repurchases of ordinary shares |
(415,945) |
(475,314) |
(322,040) |
| Proceeds from exercise of stock options |
23,508 |
28,140 |
22,257 |
| Other financing activities, net |
(98,966) |
52,149 |
101,851 |
| Net cash provided by (used in) financing activities |
(516,017) |
(410,792) |
(339,578) |
| Effect of exchange rates on cash |
(1,121) |
(15,095) |
(9,895) |
| Net increase (decrease) in cash and cash equivalents |
34,680 |
6,641 |
68,758 |
| Cash and cash equivalents, beginning of period |
1,593,728 |
1,587,087 |
1,518,329 |
| Cash and cash equivalents, end of period |
$ 1,628,408 |
$ 1,593,728 |
$ 1,587,087 |