XML 55 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
May 03, 2014
May 04, 2013
Cash flows from operating activities    
Net income $ 96.6 $ 91.8
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization of property, plant and equipment 28.0 25.6
Pension benefit (0.6) (0.1)
Share-based compensation 3.2 3.0
Deferred taxation 9.4 1.9
Excess tax benefit from exercise of share awards (7.7)  
Facility amendment fee amortization and charges 1.0 0.1
Other non-cash movements (0.6) (0.2)
Changes in operating assets and liabilities:    
Decrease in accounts receivable 66.2 47.6
Increase in other receivables and other assets (1.7) (5.5)
Decrease in other current assets 0.5 4.5
Increase in inventories (19.9) (54.7)
(Decrease) increase in accounts payable (4.2) 18.3
Decrease in accrued expenses and other liabilities (42.9) (51.3)
Increase in deferred revenue 14.9 8.0
Decrease in income taxes payable (68.0) (42.4)
Pension plan contributions (1.1) (1.8)
Effect of exchange rate changes on currency swaps 0.4 0.3
Net cash (used in) provided by operating activities 73.5 45.1
Investing activities    
Purchase of property, plant and equipment (28.1) (23.2)
Net cash used in investing activities (28.1) (23.2)
Financing activities    
Dividends paid (12.0) (9.8)
Proceeds from issuance of common shares 1.0 5.0
Excess tax benefit from exercise of share awards 7.7  
Repurchase of common shares (11.4) (50.1)
Net settlement of equity based awards (15.3) (9.1)
Payment of debt issuance costs (3.0)  
(Repayment of) proceeds from short-term borrowings (10.5) 5.7
Net cash provided by (used in) financing activities (43.5) (58.3)
Cash and cash equivalents at beginning of period 247.6 301.0
Increase (decrease) in cash and cash equivalents 1.9 (36.4)
Effect of exchange rate changes on cash and cash equivalents (0.4) (0.9)
Cash and cash equivalents at end of period $ 249.1 $ 263.7