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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jul. 01, 2018
Operating Activities    
Net income $ 179.9 $ 152.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 54.7 56.4
Stock-based compensation 17.7 13.1
Changes in operating assets and liabilities excluding the effect of business acquired:    
Accounts receivable (36.6) (38.5)
Inventories (10.1) (12.2)
Prepaid expenses and other assets (4.3) (1.3)
Accounts payable (7.8) 25.9
Accrued liabilities (22.8) (15.7)
Deferred and income taxes receivable/payable, net (4.5) (1.0)
Long-term assets (11.7) (8.3)
Other long-term liabilities 8.1 (1.6)
Other operating, net 0.7 10.3
Net cash provided by operating activities 163.3 179.5
Investing Activities    
Purchases of property, plant and equipment (39.4) (47.2)
Purchase of businesses, net of cash acquired (222.5)  
Other investing, net 0.3 0.7
Net cash used in investing activities (261.6) (46.5)
Financing Activities    
Net proceeds from (payments on) credit facility 47.5  
Net proceeds from (payments on) credit facility   (115.0)
Net proceeds from (payments on) other debt (2.2)  
Net proceeds from (payments on) other debt   2.3
Proceeds from exercise of stock options 20.7 23.8
Other financing, net (1.4) (2.0)
Net cash provided by (used in) financing activities 64.6 (90.9)
Effect of exchange rate changes on cash (0.7) (11.6)
Change in cash (34.4) 30.5
Cash—beginning of period 142.5 70.9
Cash—end of period $ 108.1 $ 101.4