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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jul. 30, 2017
Jul. 31, 2016
OPERATING ACTIVITIES    
Net Income $ 189.5 $ 322.1
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 157.8 153.2
Equity in net (income) loss of unconsolidated affiliates (2.1) 0.5
Deferred taxes (48.1) (3.8)
Stock-based compensation expense 21.1 19.5
Debt modification and extinguishment costs 0.0 15.8
Settlement loss on retirement plans 9.4 0.0
Gain to write-up equity investment in joint venture to fair value 0.0 (153.1)
Changes in operating assets and liabilities:    
Trade receivables, net (8.0) 97.7
Inventories, net (120.4) (55.6)
Accounts payable, accrued expenses and deferred revenue 19.8 (15.9)
Prepaid expenses (31.8) (0.8)
Other, net 15.7 29.6
Net cash provided by operating activities 202.9 409.2
INVESTING ACTIVITIES(1)    
Business acquisitions, net of cash acquired (28.1) (157.7)
Purchase of property, plant and equipment (156.0) (102.8)
Proceeds from sale of building 0.0 16.7
Contingent purchase price payments (25.6) (25.2)
Investments in unconsolidated affiliates (2.0) (1.5)
Payment received on advance to unconsolidated affiliate 6.3 0.0
Net cash used by investing activities [1] (205.4) (270.5)
FINANCING ACTIVITIES(1)    
Net payments on short-term borrowings (1.1) (6.5)
Proceeds from 2016 facilities, net of related fees 0.0 571.1
Repayment of Term Loan B in connection with amendment to 2014 facilities 0.0 (582.0)
Repayment of 2016/2014 facilities (50.0) (201.2)
Proceeds from 3 5/8% senior notes, net of related fees 0.0 389.6
Net proceeds from settlement of awards under stock plans 7.2 10.3
Cash dividends (8.9) (9.2)
Acquisition of treasury shares (130.2) (133.9)
Payments of capital lease obligations (2.5) (3.6)
Contributions from non-controlling interest 1.7 0.0
Net cash (used) provided by financing activities [1] (183.8) 34.6
Effect of exchange rate changes on cash and cash equivalents 15.6 12.0
(Decrease) increase in cash and cash equivalents (170.7) 185.3
Cash and cash equivalents at beginning of period 730.1 556.4
Cash and cash equivalents at end of period $ 559.4 $ 741.7
[1] See Note 17 for information on Noncash Investing and Financing Transactions.