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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 76.0 $ 154.2
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures):    
Depreciation and Amortization 65.9 66.5
Asset Impairments 4.3 10.0
Noncash Lease Expense 14.8 14.3
Loss on Sale or Disposition of Assets, Net 1.4 0.4
Share-Based Compensation Expense 5.5 7.4
Gain on Divestiture of Businesses (0.1) (45.4)
Change in Operating Assets and Liabilities 21.8 (76.8)
Net Cash Provided by Operating Activities 189.6 130.6
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to Property, Plant and Equipment (20.4) (56.2)
Proceeds from Divestiture of Businesses 0.3 138.2
Proceeds from Sale of Assets 5.3 1.7
Net Cash (Used in) Provided by Investing Activities (14.8) 83.7
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings Under Revolving Credit Facility 669.7 590.1
Repayments Under Revolving Credit Facility (682.1) (650.5)
Proceeds from Short-Term Borrowings 2.3 24.2
Repayments of Short-Term Borrowings (2.3) (24.2)
Proceeds from Long-Term Borrowings 0.1 0.0
Repayments of Long-Term Borrowings (0.2) (24.2)
Dividends Paid to Shareholders (24.3) (24.0)
Shares Surrendered for Taxes (2.5) (7.5)
Proceeds from the Exercise of Stock Options 0.2 0.0
Repurchase of Common Stock (25.0) (55.9)
Distributions to Noncontrolling Interests (2.7) (0.3)
Net Cash Used in Financing Activities (66.8) (172.3)
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS (7.2) 0.7
Net Increase in Cash and Cash Equivalents 100.8 42.7
Cash and Cash Equivalents at Beginning of Period 331.4 248.6
Cash and Cash Equivalents at End of Period 432.2 291.3
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 21.8 26.3
Income taxes $ 15.2 $ 20.6