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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 148.2 $ 76.0
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures):    
Depreciation and Amortization 62.3 65.9
Asset Impairments 2.3 4.3
Noncash Lease Expense 12.4 14.8
Loss on Sale or Disposition of Assets, Net 0.5 1.4
Share-Based Compensation Expense 7.8 5.5
Financing Fees Amortization 8.6 0.7
Gain on Divestiture of Businesses 0.0 (0.1)
Change in Operating Assets and Liabilities (105.5) 21.1
Net Cash Provided by Operating Activities 136.6 189.6
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to Property, Plant and Equipment (24.3) (20.4)
Proceeds Received from Sales of Property, Plant and Equipment 1.8 5.3
Business Acquisitions, Net of Cash Acquired (3.8) 0.0
Proceeds from Divestiture of Businesses 0.0 0.3
Net Cash Used in Investing Activities (26.3) (14.8)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings Under Revolving Credit Facility 183.7 669.7
Repayments Under Revolving Credit Facility (183.7) (682.1)
Proceeds from Short-Term Borrowings 6.2 2.3
Repayments of Short-Term Borrowings (6.2) (2.3)
Proceeds from Long-Term Borrowings 0.0 0.1
Repayments of Long-Term Borrowings (50.2) (0.2)
Dividends Paid to Shareholders (24.4) (24.3)
Shares Surrendered for Taxes (6.1) (2.5)
Proceeds from the Exercise of Stock Options 0.1 0.2
Repurchase of Common Stock 0.0 (25.0)
Distributions to Noncontrolling Interests (4.5) (2.7)
Financing Fees Paid (17.0) 0.0
Net Cash Used in Financing Activities (102.1) (66.8)
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS (1.0) (7.2)
Net Increase in Cash and Cash Equivalents 7.2 100.8
Cash and Cash Equivalents at Beginning of Period 611.3 331.4
Cash and Cash Equivalents at End of Period 618.5 432.2
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 15.3 21.8
Income taxes $ 46.3 $ 15.2