Guarantor Information (Details) (USD $) In Millions, unless otherwise specified
|
3 Months Ended |
6 Months Ended |
12 Months Ended |
|
Jun. 29, 2013
|
Jun. 30, 2012
|
Jun. 29, 2013
|
Jun. 30, 2012
|
Dec. 29, 2012
|
Dec. 31, 2011
|
ASSETS |
|
|
|
|
|
|
Cash and cash equivalents |
$ 112.4 |
$ 98.0 |
$ 112.4 |
$ 98.0 |
$ 119.8 |
$ 138.2 |
Accounts receivable, net |
192.0 |
|
192.0 |
|
173.4 |
|
Inventories |
333.0 |
|
333.0 |
|
313.9 |
|
Deferred income tax benefits, net |
106.6 |
|
106.6 |
|
94.9 |
|
Non-trade amounts receivable, net |
50.3 |
|
50.3 |
|
39.0 |
|
Intercompany receivables |
0 |
|
0 |
|
0 |
|
Prepaid expenses and other current assets |
28.7 |
|
28.7 |
|
25.5 |
|
Total current assets |
823.0 |
|
823.0 |
|
766.5 |
|
Deferred income tax benefits, net |
340.2 |
|
340.2 |
|
359.1 |
|
Property, plant and equipment, net |
282.5 |
|
282.5 |
|
298.8 |
|
Long-term receivables, net |
22.3 |
|
22.3 |
|
24.8 |
|
Trademarks and tradenames |
130.9 |
|
130.9 |
|
138.4 |
|
Other intangible assets, net |
3.9 |
|
3.9 |
|
5.0 |
|
Goodwill |
182.8 |
|
182.8 |
|
192.9 |
|
Investments in subsidiaries |
0 |
|
0 |
|
0 |
|
Intercompany notes receivable |
0 |
|
0 |
|
0 |
|
Other assets, net |
34.7 |
|
34.7 |
|
36.3 |
|
Total assets |
1,820.3 |
|
1,820.3 |
|
1,821.8 |
|
LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
|
|
|
|
Accounts payable |
112.8 |
|
112.8 |
|
154.8 |
|
Short-term borrowings and current portion of long-term debt and capital lease obligations |
183.9 |
|
183.9 |
|
203.4 |
|
Intercompany payables |
0 |
|
0 |
|
0 |
|
Accrued liabilities |
362.0 |
|
362.0 |
|
336.3 |
|
Total current liabilities |
658.7 |
|
658.7 |
|
694.5 |
|
Long-term debt and capital lease obligations |
619.1 |
|
619.1 |
|
414.4 |
|
Intercompany notes payable |
0 |
|
0 |
|
0 |
|
Other liabilities |
206.6 |
|
206.6 |
|
233.8 |
|
Total shareholders' equity |
335.9 |
|
335.9 |
|
479.1 |
|
Total liabilities and shareholders' equity |
1,820.3 |
|
1,820.3 |
|
1,821.8 |
|
Net sales |
688.4 |
638.9 |
1,351.3 |
1,278.4 |
|
|
Other revenue |
0 |
0 |
0 |
0 |
|
|
Cost of products sold |
226.0 |
206.7 |
448.8 |
419.8 |
|
|
Gross margin |
462.4 |
432.2 |
902.5 |
858.6 |
|
|
Delivery, sales and administrative expense |
349.3 |
328.5 |
697.8 |
668.1 |
|
|
Re-engineering and impairment charges |
2.2 |
1.1 |
4.4 |
2.0 |
22.4 |
|
Impairment of goodwill and intangible assets |
0 |
76.9 |
0 |
76.9 |
|
|
Gains on disposal of assets, including insurance recoveries |
0.2 |
7.5 |
0.2 |
7.7 |
|
|
Operating income |
111.1 |
33.2 |
200.5 |
119.3 |
|
|
Interest income |
0.7 |
0.6 |
1.3 |
1.3 |
|
|
Interest expense |
10.3 |
8.7 |
19.2 |
18.5 |
|
|
Income from equity investments in subsidiaries |
0 |
0 |
0 |
0 |
|
|
Other expense |
0.7 |
0.4 |
3.6 |
0.1 |
|
|
Income before income taxes |
100.8 |
24.7 |
179.0 |
102.0 |
|
|
(Benefit) provision for income taxes |
24.5 |
12.0 |
44.5 |
31.0 |
|
|
Net income |
76.3 |
12.7 |
134.5 |
71.0 |
|
|
Comprehensive income (loss) |
23.5 |
(41.6) |
92.6 |
56.4 |
|
|
Operating Activities: |
|
|
|
|
|
|
Net cash (used in) provided by operating activities |
|
|
71.4 |
50.7 |
|
|
Investing Activities: |
|
|
|
|
|
|
Capital expenditures |
|
|
(23.8) |
(33.7) |
|
|
Proceeds from disposal of property, plant and equipment |
|
|
7.1 |
8.8 |
|
|
Net cash used in investing activities |
|
|
(16.7) |
(24.9) |
|
|
Financing Activities: |
|
|
|
|
|
|
Dividend payments to shareholders |
|
|
(52.7) |
(37.5) |
|
|
Dividend payments to parent |
|
|
0 |
0 |
|
|
Net proceeds from issuance of senior notes |
|
|
200.0 |
0 |
|
|
Proceeds from exercise of stock options |
|
|
16.7 |
7.4 |
|
|
Repurchase of common stock |
|
|
(203.7) |
(79.0) |
|
|
Repayment of capital lease obligations |
|
|
(1.4) |
(1.3) |
|
|
Net change in short-term debt |
|
|
(17.9) |
40.4 |
|
|
Debt issuance costs |
|
|
(0.7) |
0 |
|
|
Excess tax benefits from share-based payment arrangements |
|
|
9.8 |
8.5 |
|
|
Net intercompany notes payable (receivable) |
|
|
0 |
0 |
|
|
Net cash provided by (used in) financing activities |
|
|
(49.9) |
(61.5) |
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
|
(12.2) |
(4.5) |
|
|
Net change in cash and cash equivalents |
|
|
(7.4) |
(40.2) |
|
|
Parent
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts receivable, net |
0 |
|
0 |
|
0 |
|
Inventories |
0 |
|
0 |
|
0 |
|
Deferred income tax benefits, net |
4.8 |
|
4.8 |
|
4.8 |
|
Non-trade amounts receivable, net |
0.8 |
|
0.8 |
|
0 |
|
Intercompany receivables |
784.4 |
|
784.4 |
|
152.0 |
|
Prepaid expenses and other current assets |
1.0 |
|
1.0 |
|
1.4 |
|
Total current assets |
791.0 |
|
791.0 |
|
158.2 |
|
Deferred income tax benefits, net |
92.0 |
|
92.0 |
|
82.9 |
|
Property, plant and equipment, net |
0 |
|
0 |
|
0 |
|
Long-term receivables, net |
0 |
|
0 |
|
0 |
|
Trademarks and tradenames |
0 |
|
0 |
|
0 |
|
Other intangible assets, net |
0 |
|
0 |
|
0 |
|
Goodwill |
0 |
|
0 |
|
0 |
|
Investments in subsidiaries |
1,525.7 |
|
1,525.7 |
|
1,417.0 |
|
Intercompany notes receivable |
56.9 |
|
56.9 |
|
81.5 |
|
Other assets, net |
4.7 |
|
4.7 |
|
4.5 |
|
Total assets |
2,470.3 |
|
2,470.3 |
|
1,744.1 |
|
LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
|
|
|
|
Accounts payable |
0 |
|
0 |
|
0 |
|
Short-term borrowings and current portion of long-term debt and capital lease obligations |
53.2 |
|
53.2 |
|
37.0 |
|
Intercompany payables |
938.6 |
|
938.6 |
|
343.4 |
|
Accrued liabilities |
104.2 |
|
104.2 |
|
116.4 |
|
Total current liabilities |
1,096.0 |
|
1,096.0 |
|
496.8 |
|
Long-term debt and capital lease obligations |
602.7 |
|
602.7 |
|
396.4 |
|
Intercompany notes payable |
409.9 |
|
409.9 |
|
346.9 |
|
Other liabilities |
25.8 |
|
25.8 |
|
24.9 |
|
Total shareholders' equity |
335.9 |
|
335.9 |
|
479.1 |
|
Total liabilities and shareholders' equity |
2,470.3 |
|
2,470.3 |
|
1,744.1 |
|
Net sales |
0 |
0 |
0 |
0 |
|
|
Other revenue |
0 |
0 |
0 |
0 |
|
|
Cost of products sold |
0 |
0 |
0 |
0 |
|
|
Gross margin |
0 |
0 |
0 |
0 |
|
|
Delivery, sales and administrative expense |
2.8 |
3.6 |
7.4 |
6.9 |
|
|
Re-engineering and impairment charges |
0 |
0 |
0 |
0 |
|
|
Impairment of goodwill and intangible assets |
|
0 |
|
0 |
|
|
Gains on disposal of assets, including insurance recoveries |
0 |
0 |
0 |
0 |
|
|
Operating income |
(2.8) |
(3.6) |
(7.4) |
(6.9) |
|
|
Interest income |
0.1 |
0.4 |
0.3 |
0.9 |
|
|
Interest expense |
8.7 |
6.5 |
15.6 |
14.1 |
|
|
Income from equity investments in subsidiaries |
83.6 |
19.0 |
149.0 |
83.9 |
|
|
Other expense |
0 |
0.1 |
0 |
0 |
|
|
Income before income taxes |
72.2 |
9.2 |
126.3 |
63.8 |
|
|
(Benefit) provision for income taxes |
(4.1) |
(3.5) |
(8.2) |
(7.2) |
|
|
Net income |
76.3 |
12.7 |
134.5 |
71.0 |
|
|
Comprehensive income (loss) |
23.5 |
(41.6) |
92.6 |
56.4 |
|
|
Operating Activities: |
|
|
|
|
|
|
Net cash (used in) provided by operating activities |
|
|
(73.3) |
22.7 |
|
|
Investing Activities: |
|
|
|
|
|
|
Capital expenditures |
|
|
0 |
0 |
|
|
Proceeds from disposal of property, plant and equipment |
|
|
0 |
0 |
|
|
Net cash used in investing activities |
|
|
0 |
0 |
|
|
Financing Activities: |
|
|
|
|
|
|
Dividend payments to shareholders |
|
|
(52.7) |
(37.5) |
|
|
Dividend payments to parent |
|
|
0 |
0 |
|
|
Net proceeds from issuance of senior notes |
|
|
200.1 |
|
|
|
Proceeds from exercise of stock options |
|
|
16.7 |
7.4 |
|
|
Repurchase of common stock |
|
|
(203.7) |
(79.0) |
|
|
Repayment of capital lease obligations |
|
|
0 |
0 |
|
|
Net change in short-term debt |
|
|
16.1 |
54.0 |
|
|
Debt issuance costs |
|
|
(0.7) |
|
|
|
Excess tax benefits from share-based payment arrangements |
|
|
9.8 |
8.5 |
|
|
Net intercompany notes payable (receivable) |
|
|
87.7 |
23.9 |
|
|
Net cash provided by (used in) financing activities |
|
|
73.3 |
(22.7) |
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
|
0 |
0 |
|
|
Net change in cash and cash equivalents |
|
|
0 |
0 |
|
|
Guarantor
|
|
|
|
|
|
|
Equity Method Investment, Ownership Percentage |
100.00% |
|
100.00% |
|
|
|
ASSETS |
|
|
|
|
|
|
Cash and cash equivalents |
0.1 |
0.7 |
0.1 |
0.7 |
0.2 |
1.9 |
Accounts receivable, net |
0 |
|
0 |
|
0 |
|
Inventories |
0 |
|
0 |
|
0 |
|
Deferred income tax benefits, net |
44.7 |
|
44.7 |
|
46.8 |
|
Non-trade amounts receivable, net |
16.4 |
|
16.4 |
|
3.2 |
|
Intercompany receivables |
968.2 |
|
968.2 |
|
378.0 |
|
Prepaid expenses and other current assets |
62.1 |
|
62.1 |
|
65.8 |
|
Total current assets |
1,091.5 |
|
1,091.5 |
|
494.0 |
|
Deferred income tax benefits, net |
182.8 |
|
182.8 |
|
174.2 |
|
Property, plant and equipment, net |
34.8 |
|
34.8 |
|
32.4 |
|
Long-term receivables, net |
0.1 |
|
0.1 |
|
0.1 |
|
Trademarks and tradenames |
0 |
|
0 |
|
0 |
|
Other intangible assets, net |
0 |
|
0 |
|
0 |
|
Goodwill |
2.9 |
|
2.9 |
|
2.9 |
|
Investments in subsidiaries |
2,282.3 |
|
2,282.3 |
|
2,195.0 |
|
Intercompany notes receivable |
568.1 |
|
568.1 |
|
578.2 |
|
Other assets, net |
8.1 |
|
8.1 |
|
7.9 |
|
Total assets |
4,170.6 |
|
4,170.6 |
|
3,484.7 |
|
LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
|
|
|
|
Accounts payable |
2.4 |
|
2.4 |
|
2.6 |
|
Short-term borrowings and current portion of long-term debt and capital lease obligations |
0 |
|
0 |
|
0 |
|
Intercompany payables |
1,187.6 |
|
1,187.6 |
|
556.3 |
|
Accrued liabilities |
79.3 |
|
79.3 |
|
96.7 |
|
Total current liabilities |
1,269.3 |
|
1,269.3 |
|
655.6 |
|
Long-term debt and capital lease obligations |
0 |
|
0 |
|
0 |
|
Intercompany notes payable |
1,302.6 |
|
1,302.6 |
|
1,330.5 |
|
Other liabilities |
47.5 |
|
47.5 |
|
77.3 |
|
Total shareholders' equity |
1,551.2 |
|
1,551.2 |
|
1,421.3 |
|
Total liabilities and shareholders' equity |
4,170.6 |
|
4,170.6 |
|
3,484.7 |
|
Net sales |
0 |
0 |
0 |
0 |
|
|
Other revenue |
28.9 |
25.8 |
54.8 |
52.0 |
|
|
Cost of products sold |
1.5 |
4.1 |
8.8 |
8.5 |
|
|
Gross margin |
27.4 |
21.7 |
46.0 |
43.5 |
|
|
Delivery, sales and administrative expense |
18.7 |
14.3 |
34.9 |
27.1 |
|
|
Re-engineering and impairment charges |
0 |
0 |
0 |
0 |
|
|
Impairment of goodwill and intangible assets |
|
0 |
|
0 |
|
|
Gains on disposal of assets, including insurance recoveries |
0 |
0 |
0 |
0.2 |
|
|
Operating income |
8.7 |
7.4 |
11.1 |
16.6 |
|
|
Interest income |
7.9 |
7.5 |
16.1 |
15.5 |
|
|
Interest expense |
4.5 |
5.2 |
9.3 |
9.8 |
|
|
Income from equity investments in subsidiaries |
76.5 |
13.2 |
139.0 |
67.8 |
|
|
Other expense |
0 |
0.1 |
0 |
0 |
|
|
Income before income taxes |
88.6 |
22.8 |
156.9 |
90.1 |
|
|
(Benefit) provision for income taxes |
4.6 |
3.6 |
6.9 |
6.2 |
|
|
Net income |
84.0 |
19.2 |
150.0 |
83.9 |
|
|
Comprehensive income (loss) |
33.4 |
(34.9) |
110.2 |
68.9 |
|
|
Operating Activities: |
|
|
|
|
|
|
Net cash (used in) provided by operating activities |
|
|
27.4 |
(22.6) |
|
|
Investing Activities: |
|
|
|
|
|
|
Capital expenditures |
|
|
(6.2) |
(3.3) |
|
|
Proceeds from disposal of property, plant and equipment |
|
|
0 |
0 |
|
|
Net cash used in investing activities |
|
|
(6.2) |
(3.3) |
|
|
Financing Activities: |
|
|
|
|
|
|
Dividend payments to shareholders |
|
|
0 |
0 |
|
|
Dividend payments to parent |
|
|
0 |
0 |
|
|
Net proceeds from issuance of senior notes |
|
|
0 |
|
|
|
Proceeds from exercise of stock options |
|
|
0 |
0 |
|
|
Repurchase of common stock |
|
|
0 |
0 |
|
|
Repayment of capital lease obligations |
|
|
0 |
0 |
|
|
Net change in short-term debt |
|
|
0 |
0 |
|
|
Debt issuance costs |
|
|
0 |
|
|
|
Excess tax benefits from share-based payment arrangements |
|
|
0 |
0 |
|
|
Net intercompany notes payable (receivable) |
|
|
(21.3) |
24.7 |
|
|
Net cash provided by (used in) financing activities |
|
|
(21.3) |
24.7 |
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
|
0 |
0 |
|
|
Net change in cash and cash equivalents |
|
|
(0.1) |
(1.2) |
|
|
Non-Guarantors
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
Cash and cash equivalents |
112.3 |
97.3 |
112.3 |
97.3 |
119.6 |
136.3 |
Accounts receivable, net |
192.0 |
|
192.0 |
|
173.4 |
|
Inventories |
333.0 |
|
333.0 |
|
313.9 |
|
Deferred income tax benefits, net |
57.1 |
|
57.1 |
|
43.3 |
|
Non-trade amounts receivable, net |
33.1 |
|
33.1 |
|
35.8 |
|
Intercompany receivables |
413.9 |
|
413.9 |
|
415.4 |
|
Prepaid expenses and other current assets |
84.2 |
|
84.2 |
|
111.0 |
|
Total current assets |
1,225.6 |
|
1,225.6 |
|
1,212.4 |
|
Deferred income tax benefits, net |
80.1 |
|
80.1 |
|
102.0 |
|
Property, plant and equipment, net |
247.7 |
|
247.7 |
|
266.4 |
|
Long-term receivables, net |
22.2 |
|
22.2 |
|
24.7 |
|
Trademarks and tradenames |
130.9 |
|
130.9 |
|
138.4 |
|
Other intangible assets, net |
3.9 |
|
3.9 |
|
5.0 |
|
Goodwill |
179.9 |
|
179.9 |
|
190.0 |
|
Investments in subsidiaries |
0 |
|
0 |
|
0 |
|
Intercompany notes receivable |
1,712.5 |
|
1,712.5 |
|
1,677.4 |
|
Other assets, net |
58.6 |
|
58.6 |
|
86.2 |
|
Total assets |
3,661.4 |
|
3,661.4 |
|
3,702.5 |
|
LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
|
|
|
|
Accounts payable |
110.4 |
|
110.4 |
|
152.2 |
|
Short-term borrowings and current portion of long-term debt and capital lease obligations |
130.7 |
|
130.7 |
|
166.4 |
|
Intercompany payables |
40.3 |
|
40.3 |
|
45.7 |
|
Accrued liabilities |
297.2 |
|
297.2 |
|
275.9 |
|
Total current liabilities |
578.6 |
|
578.6 |
|
640.2 |
|
Long-term debt and capital lease obligations |
16.4 |
|
16.4 |
|
18.0 |
|
Intercompany notes payable |
625.0 |
|
625.0 |
|
659.7 |
|
Other liabilities |
184.6 |
|
184.6 |
|
193.9 |
|
Total shareholders' equity |
2,256.8 |
|
2,256.8 |
|
2,190.7 |
|
Total liabilities and shareholders' equity |
3,661.4 |
|
3,661.4 |
|
3,702.5 |
|
Net sales |
690.3 |
641.0 |
1,353.6 |
1,281.2 |
|
|
Other revenue |
1.5 |
4.7 |
8.8 |
8.5 |
|
|
Cost of products sold |
253.9 |
235.2 |
500.6 |
474.6 |
|
|
Gross margin |
437.9 |
410.5 |
861.8 |
815.1 |
|
|
Delivery, sales and administrative expense |
330.7 |
310.6 |
660.8 |
634.1 |
|
|
Re-engineering and impairment charges |
2.2 |
1.1 |
4.4 |
2.0 |
|
|
Impairment of goodwill and intangible assets |
|
76.9 |
|
76.9 |
|
|
Gains on disposal of assets, including insurance recoveries |
0.2 |
7.5 |
0.2 |
7.5 |
|
|
Operating income |
105.2 |
29.4 |
196.8 |
109.6 |
|
|
Interest income |
1.4 |
1.2 |
2.7 |
2.4 |
|
|
Interest expense |
5.8 |
5.5 |
12.1 |
12.1 |
|
|
Income from equity investments in subsidiaries |
0 |
0 |
0 |
0 |
|
|
Other expense |
0.7 |
0.2 |
3.6 |
0.1 |
|
|
Income before income taxes |
100.1 |
24.9 |
183.8 |
99.8 |
|
|
(Benefit) provision for income taxes |
24.0 |
11.9 |
45.8 |
32.0 |
|
|
Net income |
76.1 |
13.0 |
138.0 |
67.8 |
|
|
Comprehensive income (loss) |
56.2 |
(13.1) |
112.4 |
51.1 |
|
|
Operating Activities: |
|
|
|
|
|
|
Net cash (used in) provided by operating activities |
|
|
125.9 |
97.1 |
|
|
Investing Activities: |
|
|
|
|
|
|
Capital expenditures |
|
|
(17.6) |
(30.4) |
|
|
Proceeds from disposal of property, plant and equipment |
|
|
7.1 |
8.8 |
|
|
Net cash used in investing activities |
|
|
(10.5) |
(21.6) |
|
|
Financing Activities: |
|
|
|
|
|
|
Dividend payments to shareholders |
|
|
0 |
0 |
|
|
Dividend payments to parent |
|
|
27.7 |
(36.8) |
|
|
Net proceeds from issuance of senior notes |
|
|
(0.1) |
|
|
|
Proceeds from exercise of stock options |
|
|
0 |
0 |
|
|
Repurchase of common stock |
|
|
0 |
0 |
|
|
Repayment of capital lease obligations |
|
|
(1.4) |
(1.3) |
|
|
Net change in short-term debt |
|
|
(34.0) |
13.6 |
|
|
Debt issuance costs |
|
|
0 |
|
|
|
Excess tax benefits from share-based payment arrangements |
|
|
0 |
0 |
|
|
Net intercompany notes payable (receivable) |
|
|
(47.3) |
(58.3) |
|
|
Net cash provided by (used in) financing activities |
|
|
(110.5) |
(110.0) |
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
|
(12.2) |
(4.5) |
|
|
Net change in cash and cash equivalents |
|
|
(7.3) |
(39.0) |
|
|
Eliminations
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts receivable, net |
0 |
|
0 |
|
0 |
|
Inventories |
0 |
|
0 |
|
0 |
|
Deferred income tax benefits, net |
0 |
|
0 |
|
0 |
|
Non-trade amounts receivable, net |
0 |
|
0 |
|
0 |
|
Intercompany receivables |
(2,166.5) |
|
(2,166.5) |
|
(945.4) |
|
Prepaid expenses and other current assets |
(118.6) |
|
(118.6) |
|
(152.7) |
|
Total current assets |
(2,285.1) |
|
(2,285.1) |
|
(1,098.1) |
|
Deferred income tax benefits, net |
(14.7) |
|
(14.7) |
|
0 |
|
Property, plant and equipment, net |
0 |
|
0 |
|
0 |
|
Long-term receivables, net |
0 |
|
0 |
|
0 |
|
Trademarks and tradenames |
0 |
|
0 |
|
0 |
|
Other intangible assets, net |
0 |
|
0 |
|
0 |
|
Goodwill |
0 |
|
0 |
|
0 |
|
Investments in subsidiaries |
(3,808.0) |
|
(3,808.0) |
|
(3,612.0) |
|
Intercompany notes receivable |
(2,337.5) |
|
(2,337.5) |
|
(2,337.1) |
|
Other assets, net |
(36.7) |
|
(36.7) |
|
(62.3) |
|
Total assets |
(8,482.0) |
|
(8,482.0) |
|
(7,109.5) |
|
LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
|
|
|
|
Accounts payable |
0 |
|
0 |
|
0 |
|
Short-term borrowings and current portion of long-term debt and capital lease obligations |
0 |
|
0 |
|
0 |
|
Intercompany payables |
(2,166.5) |
|
(2,166.5) |
|
(945.4) |
|
Accrued liabilities |
(118.7) |
|
(118.7) |
|
(152.7) |
|
Total current liabilities |
(2,285.2) |
|
(2,285.2) |
|
(1,098.1) |
|
Long-term debt and capital lease obligations |
0 |
|
0 |
|
0 |
|
Intercompany notes payable |
(2,337.5) |
|
(2,337.5) |
|
(2,337.1) |
|
Other liabilities |
(51.3) |
|
(51.3) |
|
(62.3) |
|
Total shareholders' equity |
(3,808.0) |
|
(3,808.0) |
|
(3,612.0) |
|
Total liabilities and shareholders' equity |
(8,482.0) |
|
(8,482.0) |
|
(7,109.5) |
|
Net sales |
(1.9) |
(2.1) |
(2.3) |
(2.8) |
|
|
Other revenue |
(30.4) |
(30.5) |
(63.6) |
(60.5) |
|
|
Cost of products sold |
(29.4) |
(32.6) |
(60.6) |
(63.3) |
|
|
Gross margin |
(2.9) |
0 |
(5.3) |
0 |
|
|
Delivery, sales and administrative expense |
(2.9) |
0 |
(5.3) |
0 |
|
|
Re-engineering and impairment charges |
0 |
0 |
0 |
0 |
|
|
Impairment of goodwill and intangible assets |
|
0 |
|
0 |
|
|
Gains on disposal of assets, including insurance recoveries |
0 |
|
0 |
0 |
|
|
Operating income |
0 |
0 |
0 |
0 |
|
|
Interest income |
(8.7) |
(8.5) |
(17.8) |
(17.5) |
|
|
Interest expense |
(8.7) |
(8.5) |
(17.8) |
(17.5) |
|
|
Income from equity investments in subsidiaries |
(160.1) |
(32.2) |
(288.0) |
(151.7) |
|
|
Other expense |
0 |
0 |
0 |
0 |
|
|
Income before income taxes |
(160.1) |
(32.2) |
(288.0) |
(151.7) |
|
|
(Benefit) provision for income taxes |
0 |
0 |
0 |
0 |
|
|
Net income |
(160.1) |
(32.2) |
(288.0) |
(151.7) |
|
|
Comprehensive income (loss) |
(89.6) |
48.0 |
(222.6) |
(120.0) |
|
|
Operating Activities: |
|
|
|
|
|
|
Net cash (used in) provided by operating activities |
|
|
(8.6) |
(46.5) |
|
|
Investing Activities: |
|
|
|
|
|
|
Capital expenditures |
|
|
0 |
0 |
|
|
Proceeds from disposal of property, plant and equipment |
|
|
0 |
0 |
|
|
Net cash used in investing activities |
|
|
0 |
0 |
|
|
Financing Activities: |
|
|
|
|
|
|
Dividend payments to shareholders |
|
|
0 |
0 |
|
|
Dividend payments to parent |
|
|
(27.7) |
36.8 |
|
|
Net proceeds from issuance of senior notes |
|
|
0 |
|
|
|
Proceeds from exercise of stock options |
|
|
0 |
0 |
|
|
Repurchase of common stock |
|
|
0 |
0 |
|
|
Repayment of capital lease obligations |
|
|
0 |
0 |
|
|
Net change in short-term debt |
|
|
0 |
0 |
|
|
Debt issuance costs |
|
|
0 |
|
|
|
Excess tax benefits from share-based payment arrangements |
|
|
0 |
0 |
|
|
Net intercompany notes payable (receivable) |
|
|
(19.1) |
9.7 |
|
|
Net cash provided by (used in) financing activities |
|
|
8.6 |
46.5 |
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
|
0 |
0 |
|
|
Net change in cash and cash equivalents |
|
|
$ 0 |
$ 0 |
|
|