XML 51 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Supplemental Guarantor and Parent Company Condensed Financial Information (Tables)
 3 Months Ended
Mar. 29, 2013
Quarterly Financial Information Disclosure [Abstract]  
Condensed Statements Of Operations
Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended March 29, 2013 - As Originally Filed
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
610.2

 
$
922.9

 
$
—

 
$
1,533.1

Intercompany
13.8

 
42.2

 
103.4

 
(159.4
)
 
—

 
13.8

 
652.4

 
1,026.3

 
(159.4
)
 
1,533.1

Cost of sales
—

 
574.4

 
949.3

 
(145.6
)
 
1,378.1

Gross profit
13.8

 
78.0

 
77.0

 
(13.8
)
 
155.0

Selling, general and administrative expenses
10.9

 
49.7

 
76.2

 
(13.8
)
 
123.0

Operating income
2.9

 
28.3

 
0.8

 
—

 
32.0

Other income (expense)
—

 
(1.3
)
 
(51.4
)
 
—

 
(52.7
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(20.9
)
 
(26.9
)
 
(11.3
)
 
29.6

 
(29.5
)
Interest income
25.9

 
3.5

 
1.7

 
(29.6
)
 
1.5

 
5.0

 
(23.4
)
 
(9.6
)
 
—

 
(28.0
)
Income (loss) before income taxes
7.9

 
3.6

 
(60.2
)
 
—

 
(48.7
)
Income tax (provision) benefit
(3.0
)
 
(2.0
)
 
9.1

 
—

 
4.1

Equity in net income (loss) of subsidiaries
(51.3
)
 
(52.9
)
 
0.1

 
104.3

 
0.2

Net income (loss) including non-controlling interest
(46.4
)
 
(51.3
)
 
(51.0
)
 
104.3

 
(44.4
)
Less: preferred stock dividends
0.1

 
—

 
—

 
—

 
0.1

Less: net income attributable to non-controlling interest
—

 
—

 
2.0

 
—

 
2.0

Net income (loss) attributable to Company common shareholders
$
(46.5
)
 
$
(51.3
)
 
$
(53.0
)
 
$
104.3

 
$
(46.5
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(46.4
)
 
$
(51.3
)
 
$
(51.0
)
 
$
104.3

 
$
(44.4
)
Currency translation gain (loss)
—

 
(9.3
)
 
5.6

 
—

 
(3.7
)
Defined benefit plan adjustments, net of tax
—

 
2.4

 
0.3

 
—

 
2.7

Change in fair value of derivatives, net of tax
—

 
(0.5
)
 
—

 
—

 
(0.5
)
Comprehensive income (loss), net of tax
(46.4
)
 
(58.7
)
 
(45.1
)
 
104.3

 
(45.9
)
Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
2.7

 
—

 
2.7

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(46.4
)
 
$
(58.7
)
 
$
(47.8
)
 
$
104.3

 
$
(48.6
)

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended March 29, 2013 - Effect of Restatement #2
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
—

 
$
10.6

 
$
—

 
$
10.6

Intercompany
—

 
—

 
—

 
—

 
—

 
—

 
—

 
10.6

 
—

 
10.6

Cost of sales
—

 
—

 
8.7

 
—

 
8.7

Gross profit
—

 
—

 
1.9

 
—

 
1.9

Selling, general and administrative expenses
—

 
—

 
1.1

 
—

 
1.1

Operating income
—

 
—

 
0.8

 
—

 
0.8

Other income (expense)
—

 
—

 
—

 
—

 
—

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
—

 
—

 
—

 
—

 
—

Interest income
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Income (loss) before income taxes
—

 
—

 
0.8

 
—

 
0.8

Income tax (provision) benefit
—

 
—

 
(0.3
)
 
—

 
(0.3
)
Equity in net income (loss) of subsidiaries
0.7

 
0.7

 
—

 
(1.4
)
 
—

Net income (loss) including non-controlling interest
0.7

 
0.7

 
0.5

 
(1.4
)
 
0.5

Less: preferred stock dividends
—

 
—

 
—

 
—

 
—

Less: net income attributable to non-controlling interest
—

 
—

 
(0.2
)
 
—

 
(0.2
)
Net income (loss) attributable to Company common shareholders
$
0.7

 
$
0.7

 
$
0.7

 
$
(1.4
)
 
$
0.7

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
0.7

 
$
0.7

 
$
0.5

 
$
(1.4
)
 
$
0.5

Currency translation gain (loss)
(4.2
)
 
5.1

 
0.1

 
(0.9
)
 
0.1

Defined benefit plan adjustments, net of tax
2.7

 
0.3

 
—

 
(3.0
)
 
—

Change in fair value of derivatives, net of tax
(0.6
)
 
(0.1
)
 
—

 
0.7

 
—

Comprehensive income (loss), net of tax
(1.4
)
 
6.0

 
0.6

 
(4.6
)
 
0.6

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
(0.2
)
 
—

 
(0.2
)
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(1.4
)
 
$
6.0

 
$
0.8

 
$
(4.6
)
 
$
0.8

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended March 29, 2013 - As Restated
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
610.2

 
$
933.5

 
$
—

 
$
1,543.7

Intercompany
13.8

 
42.2

 
103.4

 
(159.4
)
 
—

 
13.8

 
652.4

 
1,036.9

 
(159.4
)
 
1,543.7

Cost of sales
—

 
574.4

 
958.0

 
(145.6
)
 
1,386.8

Gross profit
13.8

 
78.0

 
78.9

 
(13.8
)
 
156.9

Selling, general and administrative expenses
10.9

 
49.7

 
77.3

 
(13.8
)
 
124.1

Operating income
2.9

 
28.3

 
1.6

 
—

 
32.8

Other income (expense)
—

 
(1.3
)
 
(51.4
)
 
—

 
(52.7
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(20.9
)
 
(26.9
)
 
(11.3
)
 
29.6

 
(29.5
)
Interest income
25.9

 
3.5

 
1.7

 
(29.6
)
 
1.5

 
5.0

 
(23.4
)
 
(9.6
)
 
—

 
(28.0
)
Income (loss) before income taxes
7.9

 
3.6

 
(59.4
)
 
—

 
(47.9
)
Income tax (provision) benefit
(3.0
)
 
(2.0
)
 
8.8

 
—

 
3.8

Equity in net income (loss) of subsidiaries
(50.6
)
 
(52.2
)
 
0.1

 
102.9

 
0.2

Net income (loss) including non-controlling interest
(45.7
)
 
(50.6
)
 
(50.5
)
 
102.9

 
(43.9
)
Less: preferred stock dividends
0.1

 
—

 
—

 
—

 
0.1

Less: net income attributable to non-controlling interest
—

 
—

 
1.8

 
—

 
1.8

Net income (loss) attributable to Company common shareholders
$
(45.8
)
 
$
(50.6
)
 
$
(52.3
)
 
$
102.9

 
$
(45.8
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(45.7
)
 
$
(50.6
)
 
$
(50.5
)
 
$
102.9

 
$
(43.9
)
Currency translation gain (loss)
(4.2
)
 
(4.2
)
 
5.7

 
(0.9
)
 
(3.6
)
Defined benefit plan adjustments, net of tax
2.7

 
2.7

 
0.3

 
(3.0
)
 
2.7

Change in fair value of derivatives, net of tax
(0.6
)
 
(0.6
)
 
—

 
0.7

 
(0.5
)
Comprehensive income (loss), net of tax
(47.8
)
 
(52.7
)
 
(44.5
)
 
99.7

 
(45.3
)
Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
2.5

 
—

 
2.5

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(47.8
)
 
$
(52.7
)
 
$
(47.0
)
 
$
99.7

 
$
(47.8
)



Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended March 30, 2012 - As Originally Filed
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
531.3

 
$
901.2

 
$
—

 
$
1,432.5

Intercompany
7.3

 
—

 
11.6

 
(18.9
)
 
—

 
7.3

 
531.3

 
912.8

 
(18.9
)
 
1,432.5

Cost of sales
—

 
465.8

 
831.1

 
(11.6
)
 
1,285.3

Gross profit
7.3

 
65.5

 
81.7

 
(7.3
)
 
147.2

Selling, general and administrative expenses
11.7

 
31.2

 
58.2

 
(7.3
)
 
93.8

Operating income
(4.4
)
 
34.3

 
23.5

 
—

 
53.4

Other income (expense)
—

 
0.4

 
6.4

 
—

 
6.8

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(15.8
)
 
(23.1
)
 
(11.2
)
 
25.4

 
(24.7
)
Interest income
22.0

 
3.2

 
1.9

 
(25.4
)
 
1.7

 
6.2

 
(19.9
)
 
(9.3
)
 
—

 
(23.0
)
Income (loss) before income taxes
1.8

 
14.8

 
20.6

 
—

 
37.2

Income tax (provision) benefit
(0.8
)
 
(7.2
)
 
(2.9
)
 
—

 
(10.9
)
Equity in net income of subsidiaries
24.0

 
16.4

 
—

 
(40.4
)
 
—

Net income including non-controlling interest
25.0

 
24.0

 
17.7

 
(40.4
)
 
26.3

Less: preferred stock dividends
0.1

 
—

 
—

 
—

 
0.1

Less: net income attributable to non-controlling interest
—

 
—

 
1.3

 
—

 
1.3

Net income applicable to Company common shareholders
$
24.9

 
$
24.0

 
$
16.4

 
$
(40.4
)
 
$
24.9

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
25.0

 
$
24.0

 
$
17.7

 
$
(40.4
)
 
$
26.3

Currency translation gain (loss)
0.7

 
(0.7
)
 
44.1

 
—

 
44.1

Defined benefit plan adjustments, net of tax
—

 
—

 
—

 
—

 
—

Change in fair value of derivatives, net of tax
—

 
2.5

 
3.5

 
—

 
6.0

Comprehensive income (loss), net of tax
25.7

 
25.8

 
65.3

 
(40.4
)
 
76.4

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
4.4

 
—

 
4.4

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
25.7

 
$
25.8

 
$
60.9

 
$
(40.4
)
 
$
72.0

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended March 30, 2012 - Effect of Restatement #1
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Intercompany
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Cost of sales
—

 
—

 
2.7

 
—

 
2.7

Gross profit
—

 
—

 
(2.7
)
 
—

 
(2.7
)
Selling, general and administrative expenses
—

 
—

 
—

 
—

 
—

Operating income
—

 
—

 
(2.7
)
 
—

 
(2.7
)
Other income (expense)
—

 
—

 
—

 
—

 
—

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
—

 
—

 
—

 
—

 
—

Interest income
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Income (loss) before income taxes
—

 
—

 
(2.7
)
 
—

 
(2.7
)
Income tax (provision) benefit
—

 
—

 
0.5

 
—

 
0.5

Equity in net income of subsidiaries
(2.2
)
 
(2.2
)
 
—

 
4.4

 
—

Net income including non-controlling interest
(2.2
)
 
(2.2
)
 
(2.2
)
 
4.4

 
(2.2
)
Less: preferred stock dividends
—

 
—

 
—

 
—

 
—

Less: net income attributable to non-controlling interest
—

 
—

 
—

 
—

 
—

Net income applicable to Company common shareholders
$
(2.2
)
 
$
(2.2
)
 
$
(2.2
)
 
$
4.4

 
$
(2.2
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(2.2
)
 
$
(2.2
)
 
$
(2.2
)
 
$
4.4

 
$
(2.2
)
Currency translation gain (loss)
—

 
—

 
(1.8
)
 
—

 
(1.8
)
Defined benefit plan adjustments, net of tax
—

 
—

 
—

 
—

 
—

Change in fair value of derivatives, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss), net of tax
(2.2
)
 
(2.2
)
 
(4.0
)
 
4.4

 
(4.0
)
Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
(2.2
)
 
$
(2.2
)
 
$
(4.0
)
 
$
4.4

 
$
(4.0
)
Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended March 30, 2012 - Effect of Recast
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
(58.2
)
 
$
58.2

 
$
—

 
$
—

Intercompany
—

 
28.4

 
37.0

 
(65.4
)
 
—

 
—

 
(29.8
)
 
95.2

 
(65.4
)
 
—

Cost of sales
—

 
(26.6
)
 
92.0

 
(65.4
)
 
—

Gross profit
—

 
(3.2
)
 
3.2

 
—

 
—

Selling, general and administrative expenses
—

 
(3.2
)
 
3.2

 
—

 
—

Operating income
—

 
—

 
—

 
—

 
—

Other income (expense)
—

 
(0.6
)
 
0.6

 
—

 
—

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
—

 
—

 
(0.7
)
 
0.7

 
—

Interest income
—

 
0.7

 
—

 
(0.7
)
 
—

 
—

 
0.7

 
(0.7
)
 
—

 
—

Income (loss) before income taxes
—

 
0.1

 
(0.1
)
 
—

 
—

Income tax (provision) benefit
—

 
—

 
—

 
—

 
—

Equity in net income of subsidiaries
—

 
(0.1
)
 
—

 
0.1

 
—

Net income including non-controlling interest
—

 
—

 
(0.1
)
 
0.1

 
—

Less: preferred stock dividends
—

 
—

 
—

 
—

 
—

Less: net income attributable to non-controlling interest
—

 
—

 
—

 
—

 
—

Net income applicable to Company common shareholders
$
—

 
$
—

 
$
(0.1
)
 
$
0.1

 
$
—

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
—

 
$
—

 
$
(0.1
)
 
$
0.1

 
$
—

Currency translation gain (loss)
—

 
8.1

 
(8.1
)
 
—

 
—

Defined benefit plan adjustments, net of tax
—

 
—

 
—

 
—

 
—

Change in fair value of derivatives, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss), net of tax
—

 
8.1

 
(8.2
)
 
0.1

 
—

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
—

 
$
8.1

 
$
(8.2
)
 
$
0.1

 
$
—

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended March 30, 2012 - Effect of Restatement #2
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
—

 
$
17.0

 
$
—

 
$
17.0

Intercompany
—

 
—

 
—

 
—

 
—

 
—

 
—

 
17.0

 
—

 
17.0

Cost of sales
—

 
—

 
12.4

 
—

 
12.4

Gross profit
—

 
—

 
4.6

 
—

 
4.6

Selling, general and administrative expenses
—

 
—

 
1.0

 
—

 
1.0

Operating income
—

 
—

 
3.6

 
—

 
3.6

Other income (expense)
—

 
—

 
—

 
—

 
—

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
—

 
—

 
—

 
—

 
—

Interest income
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Income (loss) before income taxes
—

 
—

 
3.6

 
—

 
3.6

Income tax (provision) benefit
—

 
—

 
(1.4
)
 
—

 
(1.4
)
Equity in net income of subsidiaries
2.2

 
2.2

 
—

 
(4.4
)
 
—

Net income including non-controlling interest
2.2

 
2.2

 
2.2

 
(4.4
)
 
2.2

Less: preferred stock dividends
—

 
—

 
—

 
—

 
—

Less: net income attributable to non-controlling interest
—

 
—

 
—

 
—

 
—

Net income applicable to Company common shareholders
$
2.2

 
$
2.2

 
$
2.2

 
$
(4.4
)
 
$
2.2

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
2.2

 
$
2.2

 
$
2.2

 
$
(4.4
)
 
$
2.2

Currency translation gain (loss)
37.9

 
30.5

 
(0.6
)
 
(68.4
)
 
(0.6
)
Defined benefit plan adjustments, net of tax
0.1

 
0.1

 
—

 
(0.2
)
 
—

Change in fair value of derivatives, net of tax
5.9

 
3.4

 
—

 
(9.3
)
 
—

Comprehensive income (loss), net of tax
46.1

 
36.2

 
1.6

 
(82.3
)
 
1.6

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
46.1

 
$
36.2

 
$
1.6

 
$
(82.3
)
 
$
1.6

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended March 30, 2012 - As Restated and Recast
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
473.1

 
$
976.4

 
$
—

 
$
1,449.5

Intercompany
7.3

 
28.4

 
48.6

 
(84.3
)
 
—

 
7.3

 
501.5

 
1,025.0

 
(84.3
)
 
1,449.5

Cost of sales
—

 
439.2

 
938.2

 
(77.0
)
 
1,300.4

Gross profit
7.3

 
62.3

 
86.8

 
(7.3
)
 
149.1

Selling, general and administrative expenses
11.7

 
28.0

 
62.4

 
(7.3
)
 
94.8

Operating income
(4.4
)
 
34.3

 
24.4

 
—

 
54.3

Other income (expense)
—

 
(0.2
)
 
7.0

 
—

 
6.8

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(15.8
)
 
(23.1
)
 
(11.9
)
 
26.1

 
(24.7
)
Interest income
22.0

 
3.9

 
1.9

 
(26.1
)
 
1.7

 
6.2

 
(19.2
)
 
(10.0
)
 
—

 
(23.0
)
Income (loss) before income taxes
1.8

 
14.9

 
21.4

 
—

 
38.1

Income tax (provision) benefit
(0.8
)
 
(7.2
)
 
(3.8
)
 
—

 
(11.8
)
Equity in net income of subsidiaries
24.0

 
16.3

 
—

 
(40.3
)
 
—

Net income including non-controlling interest
25.0

 
24.0

 
17.6

 
(40.3
)
 
26.3

Less: preferred stock dividends
0.1

 
—

 
—

 
—

 
0.1

Less: net income attributable to non-controlling interest
—

 
—

 
1.3

 
—

 
1.3

Net income applicable to Company common shareholders
$
24.9

 
$
24.0

 
$
16.3

 
$
(40.3
)
 
$
24.9

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
25.0

 
$
24.0

 
$
17.6

 
$
(40.3
)
 
$
26.3

Currency translation gain (loss)
38.6

 
37.9

 
33.6

 
(68.4
)
 
41.7

Defined benefit plan adjustments, net of tax
0.1

 
0.1

 
—

 
(0.2
)
 
—

Change in fair value of derivatives, net of tax
5.9

 
5.9

 
3.5

 
(9.3
)
 
6.0

Comprehensive income (loss), net of tax
69.6

 
67.9

 
54.7

 
(118.2
)
 
74.0

Comprehensive income (loss) attributable to non-controlling interest, net of tax
—

 
—

 
4.4

 
—

 
4.4

Comprehensive income (loss) attributable to Company common shareholders interest, net of tax
$
69.6

 
$
67.9

 
$
50.3

 
$
(118.2
)
 
$
69.6
Condensed Balance Sheets
Condensed Balance Sheets Information
March 29, 2013 - As Originally Filed
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
57.3

 
$
23.5

 
$
419.0

 
$
—

 
$
499.8

Receivables, net of allowances
—

 
308.8

 
911.0

 
—

 
1,219.8

Inventories, net
—

 
484.7

 
866.0

 
—

 
1,350.7

Deferred income taxes
—

 
23.8

 
15.7

 
—

 
39.5

Prepaid expenses and other
2.2

 
20.8

 
90.3

 
—

 
113.3

Total current assets
59.5

 
861.6

 
2,302.0

 
—

 
3,223.1

Property, plant and equipment, net
0.4

 
233.3

 
934.1

 
—

 
1,167.8

Deferred income taxes
—

 
—

 
15.9

 
—

 
15.9

Intercompany accounts
1,612.8

 
476.1

 
30.5

 
(2,119.4
)
 
—

Investment in subsidiaries
1,055.0

 
1,371.5

 
—

 
(2,426.5
)
 
—

Goodwill
—

 
15.6

 
178.3

 
—

 
193.9

Intangible assets, net
—

 
17.1

 
184.8

 
—

 
201.9

Unconsolidated affiliated companies
—

 
7.4

 
11.7

 
—

 
19.1

Other non-current assets
14.9

 
27.4

 
23.1

 
—

 
65.4

Total assets
$
2,742.6

 
$
3,010.0

 
$
3,680.4

 
$
(4,545.9
)
 
$
4,887.1

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
138.0

 
$
830.3

 
$
—

 
$
968.3

Accrued liabilities
33.5

 
96.8

 
302.6

 
—

 
432.9

Current portion of long-term debt
340.0

 
—

 
271.3

 
—

 
611.3

Total current liabilities
373.5

 
234.8

 
1,404.2

 
—

 
2,012.5

Long-term debt
900.9

 
—

 
35.8

 
—

 
936.7

Deferred income taxes
161.7

 
(26.1
)
 
79.7

 
—

 
215.3

Intercompany accounts
—

 
1,642.2

 
477.2

 
(2,119.4
)
 
—

Other liabilities
1.0

 
104.1

 
174.2

 
—

 
279.3

Total liabilities
1,437.1

 
1,955.0

 
2,171.1

 
(2,119.4
)
 
3,443.8

Redeemable non-controlling interest
—

 
—

 
18.0

 
—

 
18.0

Total Company shareholders’ equity
1,305.5

 
1,055.0

 
1,371.5

 
(2,426.5
)
 
1,305.5

Non-controlling interest
—

 
—

 
119.8

 
—

 
119.8

Total liabilities and equity
$
2,742.6

 
$
3,010.0

 
$
3,680.4

 
$
(4,545.9
)
 
$
4,887.1










Condensed Balance Sheets Information
March 29, 2013 - Effect of Restatement #2
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
—

 
$
—

 
$
(15.4
)
 
$
—

 
$
(15.4
)
Receivables, net of allowances
—

 
—

 
(7.5
)
 
—

 
(7.5
)
Inventories, net
—

 
—

 
14.6

 
—

 
14.6

Deferred income taxes
—

 
—

 
0.3

 
—

 
0.3

Prepaid expenses and other
—

 
—

 
16.6

 
—

 
16.6

Total current assets
—

 
—

 
8.6

 
—

 
8.6

Property, plant and equipment, net
—

 
—

 
(6.7
)
 
—

 
(6.7
)
Deferred income taxes
—

 
—

 
—

 
—

 
—

Intercompany accounts
—

 
—

 
—

 
—

 
—

Investment in subsidiaries
(20.8
)
 
(22.2
)
 
—

 
43.0

 
—

Goodwill
—

 
—

 
3.3

 
—

 
3.3

Intangible assets, net
—

 
—

 
(0.2
)
 
—

 
(0.2
)
Unconsolidated affiliated companies
—

 
—

 
(0.3
)
 
—

 
(0.3
)
Other non-current assets
—

 
—

 
—

 
—

 
—

Total assets
$
(20.8
)
 
$
(22.2
)
 
$
4.7

 
$
43.0

 
$
4.7

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Accrued liabilities
—

 
(1.5
)
 
25.7

 
—

 
24.2

Current portion of long-term debt
—

 
—

 
—

 
—

 
—

Total current liabilities
—

 
(1.5
)
 
25.7

 
—

 
24.2

Long-term debt
—

 
—

 
—

 
—

 
—

Deferred income taxes
—

 
—

 
2.3

 
—

 
2.3

Intercompany accounts
—

 
—

 
—

 
—

 
—

Other liabilities
—

 
0.1

 
—

 
—

 
0.1

Total liabilities
—

 
(1.4
)
 
28.0

 
—

 
26.6

Redeemable non-controlling interest
—

 
—

 
—

 
—

 
—

Total Company shareholders’ equity
(20.8
)
 
(20.8
)
 
(22.2
)
 
43.0

 
(20.8
)
Non-controlling interest
—

 
—

 
(1.1
)
 
—

 
(1.1
)
Total liabilities and equity
$
(20.8
)
 
$
(22.2
)
 
$
4.7

 
$
43.0

 
$
4.7

Condensed Balance Sheets Information
March 29, 2013 - As Restated
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
57.3

 
$
23.5

 
$
403.6

 
$
—

 
$
484.4

Receivables, net of allowances
—

 
308.8

 
903.5

 
—

 
1,212.3

Inventories, net
—

 
484.7

 
880.6

 
—

 
1,365.3

Deferred income taxes
—

 
23.8

 
16.0

 
—

 
39.8

Prepaid expenses and other
2.2

 
20.8

 
106.9

 
—

 
129.9

Total current assets
59.5

 
861.6

 
2,310.6

 
—

 
3,231.7

Property, plant and equipment, net
0.4

 
233.3

 
927.4

 
—

 
1,161.1

Deferred income taxes
—

 
—

 
15.9

 
—

 
15.9

Intercompany accounts
1,612.8

 
476.1

 
30.5

 
(2,119.4
)
 
—

Investment in subsidiaries
1,034.2

 
1,349.3

 
—

 
(2,383.5
)
 
—

Goodwill
—

 
15.6

 
181.6

 
—

 
197.2

Intangible assets, net
—

 
17.1

 
184.6

 
—

 
201.7

Unconsolidated affiliated companies
—

 
7.4

 
11.4

 
—

 
18.8

Other non-current assets
14.9

 
27.4

 
23.1

 
—

 
65.4

Total assets
$
2,721.8

 
$
2,987.8

 
$
3,685.1

 
$
(4,502.9
)
 
$
4,891.8

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
138.0

 
$
830.3

 
$
—

 
$
968.3

Accrued liabilities
33.5

 
95.3

 
328.3

 
—

 
457.1

Current portion of long-term debt
340.0

 
—

 
271.3

 
—

 
611.3

Total current liabilities
373.5

 
233.3

 
1,429.9

 
—

 
2,036.7

Long-term debt
900.9

 
—

 
35.8

 
—

 
936.7

Deferred income taxes
161.7

 
(26.1
)
 
82.0

 
—

 
217.6

Intercompany accounts
—

 
1,642.2

 
477.2

 
(2,119.4
)
 
—

Other liabilities
1.0

 
104.2

 
174.2

 
—

 
279.4

Total liabilities
1,437.1

 
1,953.6

 
2,199.1

 
(2,119.4
)
 
3,470.4

Redeemable non-controlling interest
—

 
—

 
18.0

 
—

 
18.0

Total Company shareholders’ equity
1,284.7

 
1,034.2

 
1,349.3

 
(2,383.5
)
 
1,284.7

Non-controlling interest
—

 
—

 
118.7

 
—

 
118.7

Total liabilities and equity
$
2,721.8

 
$
2,987.8

 
$
3,685.1

 
$
(4,502.9
)
 
$
4,891.8




Condensed Balance Sheets Information
December 31, 2012 - As Originally Filed
 
Parent
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash
$
65.3

 
$
44.2

 
$
528.7

 
$
—

 
$
638.2

Receivables, net of allowances
—

 
277.6

 
912.1

 
—

 
1,189.7

Inventories
—

 
460.0

 
791.6

 
—

 
1,251.6

Deferred income taxes
—

 
24.4

 
14.7

 
—

 
39.1

Prepaid expenses and other
2.3

 
20.9

 
92.8

 
—

 
116.0

Total current assets
67.6

 
827.1

 
2,339.9

 
—

 
3,234.6

Property, plant and equipment, net
0.4

 
238.2

 
961.2

 
—

 
1,199.8

Deferred income taxes
—

 
—

 
12.8

 
—

 
12.8

Intercompany accounts
1,566.7

 
491.0

 
40.2

 
(2,097.9
)
 
—

Investment in subsidiaries
1,108.5

 
1,390.4

 
—

 
(2,498.9
)
 
—

Goodwill
—

 
15.0

 
169.4

 
—

 
184.4

Intangible assets, net
—

 
17.7

 
185.4

 
—

 
203.1

Unconsolidated affiliated companies
—

 
7.3

 
11.9

 
—

 
19.2

Other non-current assets
15.3

 
26.4

 
24.3

 
—

 
66.0

Total assets
$
2,758.5

 
$
3,013.1

 
$
3,745.1

 
$
(4,596.8
)
 
$
4,919.9

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
103.8

 
$
899.2

 
$
—

 
$
1,003.0

Accrued liabilities
12.1

 
110.6

 
340.7

 
—

 
463.4

Current portion of long-term debt
334.6

 
—

 
176.6

 
—

 
511.2

Total current liabilities
346.7

 
214.4

 
1,416.5

 
—

 
1,977.6

Long-term debt
900.5

 
—

 
38.4

 
—

 
938.9

Deferred income taxes
156.9

 
(18.2
)
 
82.8

 
—

 
221.5

Intercompany accounts
—

 
1,606.9

 
491.0

 
(2,097.9
)
 
—

Other liabilities
1.1

 
101.5

 
190.0

 
—

 
292.6

Total liabilities
1,405.2

 
1,904.6

 
2,218.7

 
(2,097.9
)
 
3,430.6

Redeemable non-controlling interest
—

 
—

 
18.6

 
—

 
18.6

Total Company shareholders’ equity
1,353.3

 
1,108.5

 
1,390.4

 
(2,498.9
)
 
1,353.3

Non-controlling interest
—

 
—

 
117.4

 
—

 
117.4

Total liabilities and equity
$
2,758.5

 
$
3,013.1

 
$
3,745.1

 
$
(4,596.8
)
 
$
4,919.9

Condensed Balance Sheets Information
December 31, 2012 - Effect of Restatement #2
 
Parent
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash
$
—

 
$
—

 
$
(15.9
)
 
$
—

 
$
(15.9
)
Receivables, net of allowances
—

 
—

 
(7.6
)
 
—

 
(7.6
)
Inventories
—

 
—

 
22.0

 
—

 
22.0

Deferred income taxes
—

 
—

 
0.4

 
—

 
0.4

Prepaid expenses and other
—

 
—

 
17.0

 
—

 
17.0

Total current assets
—

 
—

 
15.9

 
—

 
15.9

Property, plant and equipment, net
—

 
—

 
(5.9
)
 
—

 
(5.9
)
Deferred income taxes
—

 
—

 
—

 
—

 
—

Intercompany accounts
—

 
—

 
—

 
—

 
—

Investment in subsidiaries
(21.6
)
 
(23.0
)
 
—

 
44.6

 
—

Goodwill
—

 
—

 
3.2

 
—

 
3.2

Intangible assets, net
—

 
—

 
(0.2
)
 
—

 
(0.2
)
Unconsolidated affiliated companies
—

 
—

 
(0.3
)
 
—

 
(0.3
)
Other non-current assets
—

 
—

 
—

 
—

 
—

Total assets
$
(21.6
)
 
$
(23.0
)
 
$
12.7

 
$
44.6

 
$
12.7

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Accrued liabilities
—

 
(1.5
)
 
34.2

 
—

 
32.7

Current portion of long-term debt
—

 
—

 
—

 
—

 
—

Total current liabilities
—

 
(1.5
)
 
34.2

 
—

 
32.7

Long-term debt
—

 
—

 
—

 
—

 
—

Deferred income taxes
—

 
—

 
2.4

 
—

 
2.4

Intercompany accounts
—

 
—

 
—

 
—

 
—

Other liabilities
—

 
0.1

 
—

 
—

 
0.1

Total liabilities
—

 
(1.4
)
 
36.6

 
—

 
35.2

Redeemable non-controlling interest
—

 
—

 
—

 
—

 
—

Total Company shareholders’ equity
(21.6
)
 
(21.6
)
 
(23.0
)
 
44.6

 
(21.6
)
Non-controlling interest
—

 
—

 
(0.9
)
 
—

 
(0.9
)
Total liabilities and equity
$
(21.6
)
 
$
(23.0
)
 
$
12.7

 
$
44.6

 
$
12.7

Condensed Balance Sheets Information
December 31, 2012 - As Restated
 
Parent
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash
$
65.3

 
$
44.2

 
$
512.8

 
$
—

 
$
622.3

Receivables, net of allowances
—

 
277.6

 
904.5

 
—

 
1,182.1

Inventories
—

 
460.0

 
813.6

 
—

 
1,273.6

Deferred income taxes
—

 
24.4

 
15.1

 
—

 
39.5

Prepaid expenses and other
2.3

 
20.9

 
109.8

 
—

 
133.0

Total current assets
67.6

 
827.1

 
2,355.8

 
—

 
3,250.5

Property, plant and equipment, net
0.4

 
238.2

 
955.3

 
—

 
1,193.9

Deferred income taxes
—

 
—

 
12.8

 
—

 
12.8

Intercompany accounts
1,566.7

 
491.0

 
40.2

 
(2,097.9
)
 
—

Investment in subsidiaries
1,086.9

 
1,367.4

 
—

 
(2,454.3
)
 
—

Goodwill
—

 
15.0

 
172.6

 
—

 
187.6

Intangible assets, net
—

 
17.7

 
185.2

 
—

 
202.9

Unconsolidated affiliated companies
—

 
7.3

 
11.6

 
—

 
18.9

Other non-current assets
15.3

 
26.4

 
24.3

 
—

 
66.0

Total assets
$
2,736.9

 
$
2,990.1

 
$
3,757.8

 
$
(4,552.2
)
 
$
4,932.6

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
103.8

 
$
899.2

 
$
—

 
$
1,003.0

Accrued liabilities
12.1

 
109.1

 
374.9

 
—

 
496.1

Current portion of long-term debt
334.6

 
—

 
176.6

 
—

 
511.2

Total current liabilities
346.7

 
212.9

 
1,450.7

 
—

 
2,010.3

Long-term debt
900.5

 
—

 
38.4

 
—

 
938.9

Deferred income taxes
156.9

 
(18.2
)
 
85.2

 
—

 
223.9

Intercompany accounts
—

 
1,606.9

 
491.0

 
(2,097.9
)
 
—

Other liabilities
1.1

 
101.6

 
190.0

 
—

 
292.7

Total liabilities
1,405.2

 
1,903.2

 
2,255.3

 
(2,097.9
)
 
3,465.8

Redeemable non-controlling interest
—

 
—

 
18.6

 
—

 
18.6

Total Company shareholders’ equity
1,331.7

 
1,086.9

 
1,367.4

 
(2,454.3
)
 
1,331.7

Non-controlling interest
—

 
—

 
116.5

 
—

 
116.5

Total liabilities and equity
$
2,736.9

 
$
2,990.1

 
$
3,757.8

 
$
(4,552.2
)
 
$
4,932.6
Condensed Statements Of Cash Flows
Condensed Statements of Cash Flows Information
Three Fiscal Months Ended March 29, 2013 - As Originally Filed
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities
$
31.9

 
$
(63.9
)
 
$
(147.3
)
 
$
—

 
$
(179.3
)
Cash flows of investing activities:
 
 
—

 
 
 
 
 
 
Capital expenditures
—

 
(8.0
)
 
(19.4
)
 
—

 
(27.4
)
Proceeds from properties sold
—

 
0.1

 
—

 
—

 
0.1

Acquisitions, net of cash acquired
—

 
—

 
—

 
—

 
—

Other
—

 
(4.5
)
 
4.7

 
—

 
0.2

Net cash flows of investing activities
—

 
(12.4
)
 
(14.7
)
 
—

 
(27.1
)
Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Preferred stock dividends paid
(0.1
)
 
—

 
—

 
—

 
(0.1
)
Excess tax benefits from stock-based compensation
0.1

 
—

 
—

 
—

 
0.1

Intercompany accounts
(40.4
)
 
65.1

 
(24.7
)
 
—

 
—

Proceeds from other debt
—

 
0.8

 
298.2

 
—

 
299.0

Repayments of other debt
—

 
(0.8
)
 
(203.7
)
 
—

 
(204.5
)
Issuance of long-term debt
—

 
—

 
—

 
—

 
—

Dividends paid to non-controlling interest
—

 
—

 
(0.3
)
 
—

 
(0.3
)
Purchase of treasury shares
—

 


 


 


 
—

Proceeds from exercise of stock options
0.5

 
—

 
—

 
—

 
0.5

Net cash flows of financing activities
(39.9
)
 
65.1

 
69.5

 
—

 
94.7

Effect of exchange rate changes on cash and cash equivalents
—

 
(9.5
)
 
(17.2
)
 
—

 
(26.7
)
Increase (decrease) in cash and cash equivalents
(8.0
)
 
(20.7
)
 
(109.7
)
 
—

 
(138.4
)
Cash and cash equivalents – beginning of period
65.3

 
44.2

 
528.7

 
—

 
638.2

Cash and cash equivalents – end of period
$
57.3

 
$
23.5

 
$
419.0

 
$
—

 
$
499.8

Condensed Statements of Cash Flows Information
Three Fiscal Months Ended March 29, 2013 - Restatement #2
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities
$
—

 
$
—

 
$
(0.7
)
 
$
—

 
$
(0.7
)
Cash flows of investing activities:
 
 
—

 
 
 
 
 
 
Capital expenditures
—

 
—

 
0.7

 
—

 
0.7

Proceeds from properties sold
—

 
—

 
—

 
—

 
—

Acquisitions, net of cash acquired
—

 
—

 
—

 
—

 
—

Other
—

 
—

 
—

 
—

 
—

Net cash flows of investing activities
—

 
—

 
0.7

 
—

 
0.7

Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Preferred stock dividends paid
—

 
—

 
—

 
—

 
—

Excess tax benefits from stock-based compensation
—

 
—

 
—

 
—

 
—

Intercompany accounts
—

 
—

 
—

 
—

 
—

Proceeds from other debt
—

 
—

 
—

 
—

 
—

Repayments of other debt
—

 
—

 
—

 
—

 
—

Issuance of long-term debt
—

 
—

 
—

 
—

 
—

Dividends paid to non-controlling interest
—

 
—

 
—

 
—

 
—

Purchase of treasury shares
—

 
—

 
—

 
—

 
—

Proceeds from exercise of stock options
—

 
—

 
—

 
—

 
—

Net cash flows of financing activities
—

 
—

 
—

 
—

 
—

Effect of exchange rate changes on cash and cash equivalents
—

 
—

 
0.5

 
—

 
0.5

Increase (decrease) in cash and cash equivalents
—

 
—

 
0.5

 
—

 
0.5

Cash and cash equivalents – beginning of period
—

 
—

 
(15.9
)
 
—

 
(15.9
)
Cash and cash equivalents – end of period
$
—

 
$
—

 
$
(15.4
)
 
$
—

 
$
(15.4
)

Condensed Statements of Cash Flows Information
Three Fiscal Months Ended March 29, 2013 - As Restated
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities
$
31.9

 
$
(63.9
)
 
$
(148.0
)
 
$
—

 
$
(180.0
)
Cash flows of investing activities:
 
 
—

 
 
 
 
 
 
Capital expenditures
—

 
(8.0
)
 
(18.7
)
 
—

 
(26.7
)
Proceeds from properties sold
—

 
0.1

 
—

 
—

 
0.1

Acquisitions, net of cash acquired
—

 
—

 
—

 
—

 
—

Other
—

 
(4.5
)
 
4.7

 
—

 
0.2

Net cash flows of investing activities
—

 
(12.4
)
 
(14.0
)
 
—

 
(26.4
)
Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Preferred stock dividends paid
(0.1
)
 
—

 
—

 
—

 
(0.1
)
Excess tax benefits from stock-based compensation
0.1

 
—

 
—

 
—

 
0.1

Intercompany accounts
(40.4
)
 
65.1

 
(24.7
)
 
—

 
—

Proceeds from other debt
—

 
0.8

 
298.2

 
—

 
299.0

Repayments of other debt
—

 
(0.8
)
 
(203.7
)
 
—

 
(204.5
)
Issuance of long-term debt
—

 
—

 
—

 
—

 
—

Dividends paid to non-controlling interest
—

 
—

 
(0.3
)
 
—

 
(0.3
)
Purchase of treasury shares
—

 
—

 
—

 
—

 
—

Proceeds from exercise of stock options
0.5

 
—

 
—

 
—

 
0.5

Net cash flows of financing activities
(39.9
)
 
65.1

 
69.5

 
—

 
94.7

Effect of exchange rate changes on cash and cash equivalents
—

 
(9.5
)
 
(16.7
)
 
—

 
(26.2
)
Increase (decrease) in cash and cash equivalents
(8.0
)
 
(20.7
)
 
(109.2
)
 
—

 
(137.9
)
Cash and cash equivalents – beginning of period
65.3

 
44.2

 
512.8

 
—

 
622.3

Cash and cash equivalents – end of period
$
57.3

 
$
23.5

 
$
403.6

 
$
—

 
$
484.4


Condensed Statements of Cash Flows Information
Three Fiscal Months Ended March 30, 2012 - As Originally Filed
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities
$
11.9

 
$
2.5

 
$
(49.0
)
 
$
—

 
$
(34.6
)
Cash flows of investing activities:
 
 
 
 
 
 
 
 
 
Capital expenditures
—

 
(7.1
)
 
(28.8
)
 
—

 
(35.9
)
Proceeds from properties sold
—

 
0.1

 
4.1

 
—

 
4.2

Acquisitions, net of cash acquired
—

 
—

 
—

 
—

 
—

Other
—

 
(15.3
)
 
15.3

 
—

 
—

Net cash flows of investing activities
—

 
(22.3
)
 
(9.4
)
 
—

 
(31.7
)
Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Preferred stock dividends paid
(0.1
)
 
—

 
—

 
—

 
(0.1
)
Excess tax benefits from stock-based compensation
0.1

 
—

 
—

 
—

 
0.1

Intercompany accounts
(12.7
)
 
(35.4
)
 
48.1

 
—

 
—

Proceeds from other debt
—

 
265.4

 
184.6

 
—

 
450.0

Repayments of other debt
—

 
(214.0
)
 
(184.3
)
 
—

 
(398.3
)
Dividends paid to non-controlling interests
—

 
—

 
(0.6
)
 
—

 
(0.6
)
Proceeds from exercise of stock options
0.1

 
—

 
—

 
—

 
0.1

Net cash flows of financing activities
(12.6
)
 
16.0

 
47.8

 
—

 
51.2

Effect of exchange rate changes on cash and cash equivalents
0.7

 
10.0

 
(2.6
)
 
—

 
8.1

Increase (decrease) in cash and cash equivalents
—

 
6.2

 
(13.2
)
 
—

 
(7.0
)
Cash and cash equivalents - beginning of period
0.1

 
12.4

 
421.6

 
—

 
434.1

Cash and cash equivalents - end of period
$
0.1

 
$
18.6

 
$
408.4

 
$
—

 
$
427.1


Condensed Statements of Cash Flows Information
Three Fiscal Months Ended March 30, 2012 - Effect of Recast
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities
$
—

 
$
2.7

 
$
(2.7
)
 
$
—

 
$
—

Cash flows of investing activities:
 
 
 
 
 
 
 
 
 
Capital expenditures
—

 
0.2

 
(0.2
)
 
—

 
—

Proceeds from properties sold
—

 
—

 
—

 
—

 
—

Acquisitions, net of cash acquired
—

 
—

 
—

 
—

 
—

Other
—

 
—

 
—

 
—

 
—

Net cash flows of investing activities
—

 
0.2

 
(0.2
)
 
—

 
—

Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Preferred stock dividends paid
—

 
—

 
—

 
—

 
—

Excess tax benefits from stock-based compensation
—

 
—

 
—

 
—

 
—

Intercompany accounts
—

 
(3.0
)
 
3.0

 
—

 
—

Proceeds from other debt
—

 
—

 
—

 
—

 
—

Repayments of other debt
—

 
—

 
—

 
—

 
—

Dividends paid to non-controlling interests
—

 
—

 
—

 
—

 
—

Proceeds from exercise of stock options
—

 
—

 
—

 
—

 
—

Net cash flows of financing activities
—

 
(3.0
)
 
3.0

 
—

 
—

Effect of exchange rate changes on cash and cash equivalents
—

 
(0.3
)
 
0.3

 
—

 
—

Increase (decrease) in cash and cash equivalents
—

 
(0.4
)
 
0.4

 
—

 
—

Cash and cash equivalents - beginning of period
—

 
(3.9
)
 
3.9

 
—

 
—

Cash and cash equivalents - end of period
$
—

 
$
(4.3
)
 
$
4.3

 
$
—

 
$
—


Condensed Statements of Cash Flows Information
Three Fiscal Months Ended March 30, 2012 - As Recast
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities
$
11.9

 
$
5.2

 
$
(51.7
)
 
$
—

 
$
(34.6
)
Cash flows of investing activities:
 
 
 
 
 
 
 
 
 
Capital expenditures
—

 
(6.9
)
 
(29.0
)
 
—

 
(35.9
)
Proceeds from properties sold
—

 
0.1

 
4.1

 
—

 
4.2

Acquisitions, net of cash acquired
—

 
—

 
—

 
—

 
—

Other
—

 
(15.3
)
 
15.3

 
—

 
—

Net cash flows of investing activities
—

 
(22.1
)
 
(9.6
)
 
—

 
(31.7
)
Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Preferred stock dividends paid
(0.1
)
 
—

 
—

 
—

 
(0.1
)
Excess tax benefits from stock-based compensation
0.1

 
—

 
—

 
—

 
0.1

Intercompany accounts
(12.7
)
 
(38.4
)
 
51.1

 
—

 
—

Proceeds from other debt
—

 
265.4

 
184.6

 
—

 
450.0

Repayments of other debt
—

 
(214.0
)
 
(184.3
)
 
—

 
(398.3
)
Dividends paid to non-controlling interests
—

 
—

 
(0.6
)
 
—

 
(0.6
)
Proceeds from exercise of stock options
0.1

 
—

 
—

 
—

 
0.1

Net cash flows of financing activities
(12.6
)
 
13.0

 
50.8

 
—

 
51.2

Effect of exchange rate changes on cash and cash equivalents
0.7

 
9.7

 
(2.3
)
 
—

 
8.1

Increase (decrease) in cash and cash equivalents
—

 
5.8

 
(12.8
)
 
—

 
(7.0
)
Cash and cash equivalents - beginning of period
0.1

 
8.5

 
425.5

 
—

 
434.1

Cash and cash equivalents - end of period
$
0.1

 
$
14.3

 
$
412.7

 
$
—

 
$
427.1
Intercompany Cash And Non-Cash Transactions
A summary of cash and non-cash transactions of the Parent Company’s intercompany account is provided below for the three fiscal months ended March 29, 2013 and the twelve months ended December 31, 2012:
(in millions)
March 29, 2013
 
December 31, 2012
Beginning Balance
$
1,566.7

 
$
1,210.4

Non-cash transactions
 
 
 
Deferred tax
1.8

 
5.9

Equity based awards
1.1

 
11.7

Foreign currency and other
2.8

 
(3.4
)
Cash transactions
40.4

 
342.1

Ending Balance
$
1,612.8

 
$
1,566.7
Parent Company Long-Term Financing Arrangements
At March 29, 2013 and December 31, 2012, the Parent Company was party to the following long-term financing arrangements:
(in millions)
March 29, 2013
 
December 31, 2012
5.75% Senior Notes due 2022
$
600.0

 
$
600.0

Subordinated Convertible Notes due 2029
429.5

 
429.5

Debt discount on Subordinated Convertible Notes due 2029
(262.6
)
 
(263.0
)
0.875% Convertible Notes due 2013
355.0

 
355.0

Debt discount on 0.875% Convertible Notes due 2013
(15.0
)
 
(20.4
)
Senior Floating Rate Notes
125.0

 
125.0

Other
9.0

 
9.0

Total Parent Company debt
1,240.9

 
1,235.1

Less current maturities
340.0

 
334.6

Parent Company Long-term debt
$
900.9

 
$
900.5
Parent Company Debt Maturities
(in millions)
Q1 2014
 
Q1 2015
 
Q1 2016
 
Q1 2017
 
Q1 2018
Debt maturities twelve month period ending
$
340.0

 
$
—

 
$
125.0

 
$
—

 
$
—