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Condensed Consolidated Statements Of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Apr. 01, 2022
Cash flow from operating activities:    
Net income $ 128.8 $ 110.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 9.8 10.0
Amortization expense 34.7 34.6
Deferred income taxes (33.8) (16.8)
Stock-based compensation 33.5 28.3
Change in fair value of derivatives (26.9) (0.1)
Other, net (0.9) 16.8
(Increase) decrease in assets:    
Accounts receivable, net 62.1 (34.6)
Inventories (11.1) (42.7)
Other current and non-current assets (6.2) (14.6)
Increase (decrease) in liabilities:    
Accounts payable (9.1) 7.8
Accrued compensation and benefits (26.5) (75.6)
Deferred revenue 19.5 73.3
Other current and non-current liabilities 34.8 56.3
Net cash provided by operating activities 208.7 153.0
Cash flow from investing activities:    
Acquisitions of businesses, net of cash acquired (33.3) 0.0
Purchases of property and equipment (6.4) (14.5)
Other, net 12.0 1.1
Net cash used in investing activities (27.7) (13.4)
Cash flow from financing activities:    
Issuance of common stock, net of tax withholdings 14.0 (2.4)
Repurchases of common stock 0.0 (104.7)
Proceeds from debt and revolving credit lines 1,097.1 118.8
Payments on debt and revolving credit lines (523.4) (118.8)
Other, net (4.3) (2.6)
Net cash provided by (used in) financing activities 583.4 (109.7)
Effect of exchange rate changes on cash and cash equivalents 2.7 1.6
Net increase in cash and cash equivalents 767.1 31.5
Cash and cash equivalents - beginning of period 271.0 325.7
Cash and cash equivalents - end of period $ 1,038.1 $ 357.2