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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Apr. 02, 2017
Apr. 03, 2016
Operating Activities    
Net income $ 30.5 $ 39.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22.8 21.1
Deferred income taxes 0.6 4.1
Stock-based compensation 5.4 3.4
Changes in operating assets and liabilities:    
Accounts receivable (10.1) 3.6
Inventories (21.7) (10.2)
Prepaid expenses and other assets (5.8) (5.4)
Accounts payable 14.0 (2.2)
Accrued liabilities 9.7 9.9
Income taxes receivable/payable, net 8.1 10.9
Long-term assets (1.8) 1.6
Other long-term liabilities (0.2) (5.5)
Pension and postretirement benefits (5.8) (6.1)
Other operating, net 7.7 4.9
Net cash provided by operating activities 53.4 69.1
Investing Activities    
Purchases of property, plant and equipment (12.6) (14.2)
Purchase of businesses, net of cash acquired (740.6)  
Proceeds from the sale of assets 0.3 0.2
Other investing, net   0.5
Net cash used in investing activities (752.9) (14.5)
Financing Activities    
Net proceeds (payments) on credit facility 595.0 (51.5)
Proceeds from term loan 100.0 0.0
Payments on other debt (31.0) (10.8)
Proceeds from exercise of stock options 6.3 2.6
Other financing, net (1.4) 0.5
Net cash provided by (used in) financing activities 668.9 (59.2)
Effect of exchange rate changes on cash 1.7 2.7
Decrease in cash (28.9) (1.9)
Cash—beginning of period 98.6 85.1
Cash—end of period $ 69.7 $ 83.2