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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Cash Flows From (For) Operating Activities    
Net income $ 80.8 $ 71.6
Adjustments to derive cash flows    
Depreciation and amortization 109.5 109.4
Share-based compensation 12.7 6.1
Impairment charges 0.0 12.2
Change in financial assets 9.6 (17.1)
Loss on extinguishment of debt 0.5 0.0
Restructuring charges 1.5 38.7
Deferred income taxes (7.2) (46.0)
Amortization of debt premium (2.1) (6.4)
Other non-cash adjustments, net 12.1 (1.1)
Subtotal 217.4 167.4
Increase (decrease) in cash due to:    
Accounts receivable 2.6 50.1
Inventories (43.7) 0.5
Accounts payable 57.5 2.5
Payroll and related taxes (38.9) (10.1)
Accrued customer programs 17.3 (32.7)
Accrued liabilities (24.0) 2.3
Accrued income taxes 6.4 41.4
Other, net (22.2) (26.9)
Subtotal (45.0) 27.1
Net cash from operating activities 172.4 194.5
Cash Flows From (For) Investing Activities    
Proceeds from royalty rights 10.0 85.3
Additions to property, plant and equipment (13.4) (22.0)
Net proceeds from sale of business and other assets 1.3 25.3
Proceeds from sale of the Tysabri® financial asset 0.0 2,200.0
Other investing, net 0.0 (0.8)
Net cash from (for) investing activities (2.1) 2,287.8
Cash Flows From (For) Financing Activities    
Issuances of long-term debt 431.0 0.0
Payments on long-term debt (444.5) (13.6)
Borrowings (repayments) of revolving credit agreements and other financing, net (6.2) 0.3
Deferred financing fees (2.4) (0.4)
Repurchase of ordinary shares (108.1) 0.0
Cash dividends (26.7) (23.0)
Other financing, net (5.7) (0.5)
Net cash (for) financing activities (162.6) (37.2)
Effect of exchange rate changes on cash and cash equivalents 0.9 10.4
Net increase (decrease) in cash and cash equivalents 8.6 2,455.5
Cash and cash equivalents, beginning of period 678.7 622.3
Cash and cash equivalents, end of period $ 687.3 $ 3,077.8