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Consolidated Condensed Statements of Cash Flow - USD ($)
$ in Millions
3 Months Ended
Apr. 01, 2017
Mar. 26, 2016
OPERATING ACTIVITIES    
Net earnings $ 16.8 $ 17.6
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 9.2 9.8
Deferred income taxes (3.6) 0.9
Stock-based compensation expense 7.7 7.6
Excess tax benefits from stock-based compensation 0.0 (0.1)
Pension contribution (0.2) 0.0
Pension and SERP expense 3.7 2.4
Restructuring and impairment costs 24.6 14.6
Cash payments related to restructuring costs (11.7) (6.7)
Other (2.4) (4.0)
Changes in operating assets and liabilities:    
Accounts receivable (23.7) (25.2)
Inventories (11.4) (15.7)
Other operating assets 9.7 12.5
Accounts payable (36.1) (94.1)
Other operating liabilities (13.4) 1.5
Net cash used in operating activities (30.8) (78.9)
INVESTING ACTIVITIES    
Additions to property, plant and equipment (11.1) (9.9)
Other (0.7) (0.6)
Net cash used in investing activities (11.8) (10.5)
FINANCING ACTIVITIES    
Net borrowings (payments) under revolving credit agreements and other short-term notes (0.6) 60.0
Payments on long-term debt (7.5) 0.0
Cash dividends paid (5.8) (6.0)
Purchase of common stock for treasury (11.5) (0.1)
Purchases of shares under employee stock plans (4.9) (4.2)
Proceeds from the exercise of stock options 6.5 1.9
Excess tax benefits from stock-based compensation 0.0 0.1
Contributions from noncontrolling interests 0.0 0.8
Net cash provided by (used in) financing activities (23.8) 52.5
Effect of foreign exchange rate changes 0.7 1.0
Decrease in cash and cash equivalents (65.7) (35.9)
Cash and cash equivalents at beginning of the year 369.8 194.1
Cash and cash equivalents at end of the period $ 304.1 $ 158.2