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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jan. 02, 2021
Dec. 28, 2019
Dec. 29, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 193.8 $ 242.6 $ 235.8
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures):      
Depreciation 84.1 84.2 87.5
Amortization 47.3 50.3 54.9
Goodwill Impairment 10.5 0.0 9.5
Asset Impairments 5.3 10.0 8.7
Noncash Lease Expense 24.5 30.6 0.0
Share-Based Compensation Expense 9.2 13.0 16.9
Expense (Benefit) from Deferred Income Taxes (16.5) 22.4 13.2
Exit Related Costs 0.0 0.0 16.7
Loss (Gain) on Disposition of Assets 3.0 (0.7) 1.1
Other Non-Cash Changes 5.8 4.0 3.0
Gain on Sale of Businesses (0.1) (44.7) 0.0
Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures      
Receivables 29.6 70.3 (56.5)
Inventories (3.7) 68.6 (42.7)
Accounts Payable 15.2 (80.3) 41.1
Current Liabilities and Other 27.4 (61.8) (26.5)
Net Cash Provided by Operating Activities 435.4 408.5 362.7
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to Property, Plant and Equipment (47.5) (92.4) (77.6)
Sales of Investment Securities 0.0 0.0 0.5
Business Acquisitions, Net of Cash Acquired 0.0 0.0 (161.5)
Proceeds from Sale of Businesses 0.3 157.9 0.7
Proceeds from Sale of Assets 10.2 8.8 10.0
Net Cash Provided by (Used in) Investing Activities (37.0) 74.3 (227.9)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings Under Revolving Credit Facility 1,088.5 1,150.1 1,350.3
Repayments Under Revolving Credit Facility (1,106.2) (1,230.8) (1,271.7)
Proceeds from Short-Term Borrowings 2.6 27.5 19.0
Repayments of Short-Term Borrowings (2.3) (27.5) (19.7)
Proceeds from Long-Term Borrowings 0.1 0.0 900.2
Repayments of Long-Term Borrowings (50.4) (90.3) (811.4)
Dividends Paid to Shareholders (48.7) (48.9) (47.2)
Proceeds from the Exercise of Stock Options 0.2 0.3 0.0
Shares Surrendered for Taxes (3.6) (10.9) (3.5)
Purchase of Subsidiary Shares from Noncontrolling Interest 0.0 0.0 (0.8)
Financing Fees Paid 0.0 0.0 (3.5)
Repurchase of Common Stock (25.0) (165.1) (127.8)
Distributions to Noncontrolling Interests (2.8) (1.8) (1.6)
Net Cash Used in Financing Activities (147.6) (397.4) (17.7)
EFFECT OF EXCHANGE RATES ON CASH and CASH EQUIVALENTS 29.1 (2.6) (8.1)
Net Increase in Cash and Cash Equivalents 279.9 82.8 109.0
Cash and Cash Equivalents at Beginning of Period 331.4 248.6 139.6
Cash and Cash Equivalents at End of Period 611.3 331.4 248.6
Cash Paid During the Year for:      
Interest 38.6 51.7 54.2
Income Taxes $ 44.3 $ 42.3 $ 81.2