XML 65 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Apr. 03, 2015
Mar. 28, 2014
Cash flows of operating activities:    
Net income (loss) including noncontrolling interest $ (40.9)us-gaap_ProfitLoss $ (339.4)us-gaap_ProfitLoss
Adjustments to reconcile net income (loss) to net cash flows of operating activities:    
Depreciation and amortization 27.6us-gaap_DepreciationAndAmortization 32.2us-gaap_DepreciationAndAmortization
Amortization on restricted stock awards 0us-gaap_RestrictedStockExpense 0.1us-gaap_RestrictedStockExpense
Foreign currency exchange (gain) loss 24.3us-gaap_ForeignCurrencyTransactionGainLossUnrealized 86.5us-gaap_ForeignCurrencyTransactionGainLossUnrealized
Deferred income taxes (3.5)us-gaap_DeferredIncomeTaxExpenseBenefit (15.9)us-gaap_DeferredIncomeTaxExpenseBenefit
Non-cash asset impairment charges 14.2us-gaap_AssetImpairmentCharges 256.5us-gaap_AssetImpairmentCharges
Convertible debt instruments non-cash interest charges 0.5us-gaap_InterestExpenseDebt 0.4us-gaap_InterestExpenseDebt
(Gain) loss on disposal of subsidiaries (1.1)us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal 0us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
(Gain) loss on disposal of property 0.7us-gaap_GainLossOnSaleOfPropertyPlantEquipment 2.9us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
(Increase) decrease in receivables (12.9)us-gaap_IncreaseDecreaseInAccountsReceivable (57.1)us-gaap_IncreaseDecreaseInAccountsReceivable
(Increase) decrease in inventories (5.1)us-gaap_IncreaseDecreaseInInventories (101.8)us-gaap_IncreaseDecreaseInInventories
(Increase) decrease in other assets 21.6us-gaap_IncreaseDecreaseInOtherOperatingAssets 3.0us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase (decrease) in accounts payable, accrued and other liabilities 72.6us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 97.1us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash flows of operating activities 98.0us-gaap_NetCashProvidedByUsedInOperatingActivities (35.5)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows of investing activities:    
Capital expenditures (20.5)us-gaap_PaymentsToAcquireProductiveAssets (27.0)us-gaap_PaymentsToAcquireProductiveAssets
Proceeds from properties sold 0.9us-gaap_ProceedsFromSaleOfProductiveAssets 0.2us-gaap_ProceedsFromSaleOfProductiveAssets
Disposal of subsidiaries, net of cash disposed of 20.3us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries 0us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
Other 0.2us-gaap_PaymentsForProceedsFromOtherInvestingActivities 0.1us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash flows of investing activities 0.9us-gaap_NetCashProvidedByUsedInInvestingActivities (26.7)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows of financing activities:    
Dividends paid to shareholders (8.9)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (9.0)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Proceeds from debt 1,003.8us-gaap_ProceedsFromOtherDebt 601.0us-gaap_ProceedsFromOtherDebt
Repayments of debt (1,101.6)us-gaap_RepaymentsOfOtherDebt (511.9)us-gaap_RepaymentsOfOtherDebt
Dividends paid to noncontrolling interest 1.5us-gaap_PaymentsOfDividendsMinorityInterest 0us-gaap_PaymentsOfDividendsMinorityInterest
Repurchase of common shares 0us-gaap_PaymentsForRepurchaseOfCommonStock (30.7)us-gaap_PaymentsForRepurchaseOfCommonStock
Proceeds from exercise of stock options 0.1us-gaap_ProceedsFromStockOptionsExercised 0.1us-gaap_ProceedsFromStockOptionsExercised
Net cash flows of financing activities (105.1)us-gaap_NetCashProvidedByUsedInFinancingActivities 49.5us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents (32.0)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (90.3)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Increase (decrease) in cash and cash equivalents (38.2)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (103.0)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents - beginning of period 205.8us-gaap_CashAndCashEquivalentsAtCarryingValue 418.8us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents - end of period 167.6us-gaap_CashAndCashEquivalentsAtCarryingValue 315.8us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid during the period for:    
Income tax payments, net of refunds 1.3us-gaap_IncomeTaxesPaidNet 6.3us-gaap_IncomeTaxesPaidNet
Interest paid 28.1us-gaap_InterestPaid 10.7us-gaap_InterestPaid
Non-cash investing and financing activities:    
Capital expenditures included in accounts payable $ 10.7us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 13.6us-gaap_CapitalExpendituresIncurredButNotYetPaid