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Supplemental Guarantor Condensed Financial Information (Tables)
 6 Months Ended
Jul. 03, 2015
Quarterly Financial Information Disclosure [Abstract]  
Condensed Statements Of Operations
Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended July 3, 2015
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
503.1

 
$
610.3

 
$
—

 
$
1,113.4

Intercompany
17.1

 
62.0

 
36.0

 
(115.1
)
 
—

 
17.1

 
565.1

 
646.3

 
(115.1
)
 
1,113.4

Cost of sales
—

 
499.9

 
588.3

 
(98.0
)
 
990.2

Gross profit
17.1

 
65.2

 
58.0

 
(17.1
)
 
123.2

Selling, general and administrative expenses
16.0

 
41.7

 
57.2

 
(17.1
)
 
97.8

Intangible asset impairment charges
—

 
—

 
1.7

 
—

 
1.7

Operating income (loss)
1.1

 
23.5

 
(0.9
)
 
—

 
23.7

Other income (expense)
—

 
(2.5
)
 
(3.5
)
 
—

 
(6.0
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(14.4
)
 
(16.4
)
 
(10.1
)
 
15.6

 
(25.3
)
Interest income
13.8

 
1.9

 
0.4

 
(15.6
)
 
0.5

 
(0.6
)
 
(14.5
)
 
(9.7
)
 
—

 
(24.8
)
Income (loss) before income taxes
0.5

 
6.5

 
(14.1
)
 
—

 
(7.1
)
Income tax (provision) benefit
(0.2
)
 
12.2

 
(6.5
)
 
—

 
5.5

Equity in net earnings of affiliated companies and subsidiaries
(7.2
)
 
(25.9
)
 
—

 
33.1

 
—

Net income (loss) from continuing operations
(6.9
)
 
(7.2
)
 
(20.6
)
 
33.1

 
(1.6
)
Net income (loss) from discontinued operations, net of taxes
—

 
—

 
(6.8
)
 
—

 
(6.8
)
Net income (loss) including noncontrolling interest
(6.9
)
 
(7.2
)
 
(27.4
)
 
33.1

 
(8.4
)
Less: net income (loss) attributable to noncontrolling interest
—

 
—

 
(1.5
)
 
—

 
(1.5
)
Net income (loss) attributable to Company common shareholders
$
(6.9
)
 
$
(7.2
)
 
$
(25.9
)
 
$
33.1

 
$
(6.9
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(6.9
)
 
$
(7.2
)
 
$
(27.4
)
 
$
33.1

 
$
(8.4
)
Currency translation gain (loss)
(12.8
)
 
(12.8
)
 
(17.0
)
 
29.0

 
(13.6
)
Defined benefit plan adjustments, net of tax
1.8

 
1.8

 
0.6

 
(2.4
)
 
1.8

Comprehensive income (loss), net of tax
(17.9
)
 
(18.2
)
 
(43.8
)
 
59.7

 
(20.2
)
Comprehensive income (loss) attributable to noncontrolling interest, net of tax
—

 
—

 
(2.3
)
 
—

 
(2.3
)
Comprehensive income (loss) attributable to Company common shareholders, net of tax
$
(17.9
)
 
$
(18.2
)
 
$
(41.5
)
 
$
59.7

 
$
(17.9
)
Condensed Statements of Operations and Comprehensive Income (Loss) Information
Three Fiscal Months Ended June 27, 2014
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
542.7

 
$
844.6

 
$
—

 
$
1,387.3

Intercompany
15.4

 
64.3

 
60.7

 
(140.4
)
 
—

 
15.4

 
607.0

 
905.3

 
(140.4
)
 
1,387.3

Cost of sales
—

 
544.4

 
841.7

 
(125.0
)
 
1,261.1

Gross profit
15.4

 
62.6

 
63.6

 
(15.4
)
 
126.2

Selling, general and administrative expenses
12.4

 
47.1

 
57.2

 
(15.4
)
 
101.3

Intangible asset impairment charges
—

 
2.1

 
—

 
—

 
2.1

Operating income (loss)
3.0

 
13.4

 
6.4

 
—

 
22.8

Other income (expense)
—

 
0.2

 
3.2

 
—

 
3.4

Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(16.4
)
 
(15.7
)
 
(13.9
)
 
16.9

 
(29.1
)
Interest income
13.2

 
3.6

 
0.7

 
(16.9
)
 
0.6

 
(3.2
)
 
(12.1
)
 
(13.2
)
 
—

 
(28.5
)
Income (loss) before income taxes
(0.2
)
 
1.5

 
(3.6
)
 
—

 
(2.3
)
Income tax (provision) benefit
—

 
(4.5
)
 
(7.3
)
 
—

 
(11.8
)
Equity in net earnings of affiliated companies and subsidiaries
(24.6
)
 
(21.6
)
 
0.3

 
46.3

 
0.4

Net income (loss) from continuing operations
(24.8
)
 
(24.6
)
 
(10.6
)
 
46.3

 
(13.7
)
Net income (loss) from discontinued operations, net of taxes
—

 
—

 
(9.0
)
 
—

 
(9.0
)
Net income (loss) including noncontrolling interest
(24.8
)
 
(24.6
)
 
(19.6
)
 
46.3

 
(22.7
)
Less: net income (loss) attributable to noncontrolling interest
—

 
—

 
2.1

 
—

 
2.1

Net income (loss) attributable to Company common shareholders
$
(24.8
)
 
$
(24.6
)
 
$
(21.7
)
 
$
46.3

 
$
(24.8
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(24.8
)
 
$
(24.6
)
 
$
(19.6
)
 
$
46.3

 
$
(22.7
)
Currency translation gain (loss)
10.4

 
10.4

 
4.2

 
(16.0
)
 
9.0

Defined benefit plan adjustments, net of tax
4.1

 
4.1

 
3.4

 
(7.4
)
 
4.2

Comprehensive income (loss), net of tax
(10.3
)
 
(10.1
)
 
(12.0
)
 
22.9

 
(9.5
)
Comprehensive income (loss) attributable to noncontrolling interest, net of tax
—

 
—

 
0.8

 
—

 
0.8

Comprehensive income (loss) attributable to Company common shareholders, net of tax
$
(10.3
)
 
$
(10.1
)
 
$
(12.8
)
 
$
22.9

 
$
(10.3
)










Condensed Statements of Operations and Comprehensive Income (Loss) Information
Six Fiscal Months Ended July 3, 2015
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
1,043.5

 
$
1,241.0

 
$
—

 
$
2,284.5

Intercompany
38.2

 
124.7

 
83.3

 
(246.2
)
 
—

 
38.2

 
1,168.2

 
1,324.3

 
(246.2
)
 
2,284.5

Cost of sales
—

 
1,026.9

 
1,228.7

 
(208.0
)
 
2,047.6

Gross profit
38.2

 
141.3

 
95.6

 
(38.2
)
 
236.9

Selling, general and administrative expenses
36.5

 
88.9

 
108.1

 
(38.2
)
 
195.3

Intangible asset impairment charges
—

 
—

 
1.7

 
—

 
1.7

Operating income (loss)
1.7

 
52.4

 
(14.2
)
 
—

 
39.9

Other income (expense)
0.7

 
(4.0
)
 
(28.5
)
 
—

 
(31.8
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(29.8
)
 
(33.6
)
 
(19.2
)
 
32.9

 
(49.7
)
Interest income
28.6

 
4.3

 
1.0

 
(32.9
)
 
1.0

 
(1.2
)
 
(29.3
)
 
(18.2
)
 
—

 
(48.7
)
Income (loss) before income taxes
1.2

 
19.1

 
(60.9
)
 
—

 
(40.6
)
Income tax (provision) benefit
(0.8
)
 
6.6

 
(1.7
)
 
—

 
4.1

Equity in net earnings of affiliated companies and subsidiaries
(45.4
)
 
(71.1
)
 
0.1

 
116.6

 
0.2

Net income (loss) from continuing operations
(45.0
)
 
(45.4
)
 
(62.5
)
 
116.6

 
(36.3
)
Net income (loss) from discontinued operations, net of taxes
—

 
—

 
(13.0
)
 
—

 
(13.0
)
Net income (loss) including noncontrolling interest
(45.0
)
 
(45.4
)
 
(75.5
)
 
116.6

 
(49.3
)
Less: net income (loss) attributable to noncontrolling interest
—

 
—

 
(4.3
)
 
—

 
(4.3
)
Net income (loss) attributable to Company common shareholders
$
(45.0
)
 
$
(45.4
)
 
$
(71.2
)
 
$
116.6

 
$
(45.0
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(45.0
)
 
$
(45.4
)
 
$
(75.5
)
 
$
116.6

 
$
(49.3
)
Currency translation gain (loss)
(53.8
)
 
(53.8
)
 
(36.2
)
 
85.6

 
(58.2
)
Defined benefit plan adjustments, net of tax
4.8

 
4.8

 
2.4

 
(7.2
)
 
4.8

Comprehensive income (loss), net of tax
(94.0
)
 
(94.4
)
 
(109.3
)
 
195.0

 
(102.7
)
Comprehensive income (loss) attributable to noncontrolling interest, net of tax
—

 
—

 
(8.7
)
 
—

 
(8.7
)
Comprehensive income (loss) attributable to Company common shareholders, net of tax
$
(94.0
)
 
$
(94.4
)
 
$
(100.6
)
 
$
195.0

 
$
(94.0
)

Condensed Statements of Operations and Comprehensive Income (Loss) Information
Six Fiscal Months Ended June 27, 2014
 
Parent
 
Guarantor Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net sales:
 
 
 
 
 
 
 
 
 
Customers
$
—

 
$
1,018.4

 
$
1,670.4

 
$
—

 
$
2,688.8

Intercompany
33.1

 
145.9

 
115.3

 
(294.3
)
 
—

 
33.1

 
1,164.3

 
1,785.7

 
(294.3
)
 
2,688.8

Cost of sales
—

 
1,030.6

 
1,675.4

 
(261.2
)
 
2,444.8

Gross profit
33.1

 
133.7

 
110.3

 
(33.1
)
 
244.0

Selling, general and administrative expenses
27.2

 
88.6

 
126.6

 
(33.1
)
 
209.3

Goodwill impairment charge
—

 
—

 
93.5

 
—

 
93.5

Intangible asset impairment charges
—

 
2.1

 
72.9

 
—

 
75.0

Operating income (loss)
5.9

 
43.0

 
(182.7
)
 
—

 
(133.8
)
Other income (expense)
—

 
(2.7
)
 
(90.1
)
 
—

 
(92.8
)
Interest income (expense):
 
 
 
 
 
 
 
 
 
Interest expense
(31.4
)
 
(32.4
)
 
(26.7
)
 
34.6

 
(55.9
)
Interest income
27.3

 
7.3

 
1.5

 
(34.6
)
 
1.5

 
(4.1
)
 
(25.1
)
 
(25.2
)
 
—

 
(54.4
)
Income (loss) before income taxes
1.8

 
15.2

 
(298.0
)
 
—

 
(281.0
)
Income tax (provision) benefit
(0.3
)
 
(5.2
)
 
9.8

 
—

 
4.3

Equity in net earnings of affiliated companies and subsidiaries
(341.7
)
 
(351.7
)
 
0.4

 
693.6

 
0.6

Net income (loss) from continuing operations
(340.2
)
 
(341.7
)
 
(287.8
)
 
693.6

 
(276.1
)
Net income (loss) from discontinued operations, net of taxes
—

 
—

 
(86.0
)
 
—

 
(86.0
)
Net income (loss) including noncontrolling interest
(340.2
)
 
(341.7
)
 
(373.8
)
 
693.6

 
(362.1
)
Less: net income (loss) attributable to noncontrolling interest
—

 
—

 
(21.9
)
 
—

 
(21.9
)
Net income (loss) attributable to Company common shareholders
$
(340.2
)
 
$
(341.7
)
 
$
(351.9
)
 
$
693.6

 
$
(340.2
)
Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(340.2
)
 
$
(341.7
)
 
$
(373.8
)
 
$
693.6

 
$
(362.1
)
Currency translation gain (loss)
0.6

 
0.6

 
(3.9
)
 
0.9

 
(1.8
)
Defined benefit plan adjustments, net of tax
5.0

 
5.0

 
3.6

 
(8.5
)
 
5.1

Comprehensive income (loss), net of tax
(334.6
)
 
(336.1
)
 
(374.1
)
 
686.0

 
(358.8
)
Comprehensive income (loss) attributable to noncontrolling interest, net of tax
—

 
—

 
(24.2
)
 
—

 
(24.2
)
Comprehensive income (loss) attributable to Company common shareholders, net of tax
$
(334.6
)
 
$
(336.1
)
 
$
(349.9
)
 
$
686.0

 
$
(334.6
)
Condensed Balance Sheets
Condensed Balance Sheets Information
July 3, 2015
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
—

 
$
4.2

 
$
98.1

 
$
—

 
$
102.3

Receivables, net of allowances
—

 
272.4

 
584.9

 
—

 
857.3

Inventories
—

 
382.2

 
515.6

 
—

 
897.8

Deferred income taxes
—

 
28.3

 
8.0

 
—

 
36.3

Prepaid expenses and other
1.5

 
19.5

 
46.7

 
—

 
67.7

Current assets of discontinued operations
—

 
—

 
252.7

 
—

 
252.7

Total current assets
1.5

 
706.6

 
1,506.0

 
—

 
2,214.1

Property, plant and equipment, net
0.5

 
200.3

 
403.2

 
—

 
604.0

Deferred income taxes
—

 
26.6

 
27.4

 
(26.6
)
 
27.4

Intercompany accounts
1,138.5

 
204.2

 
62.8

 
(1,405.5
)
 
—

Investment in subsidiaries
175.6

 
715.8

 
—

 
(891.4
)
 
—

Goodwill
—

 
13.8

 
9.5

 
—

 
23.3

Intangible assets, net
—

 
10.5

 
33.5

 
—

 
44.0

Unconsolidated affiliated companies
—

 
8.4

 
0.3

 
—

 
8.7

Other non-current assets
11.4

 
30.7

 
20.5

 
—

 
62.6

Non-current assets of discontinued operations
—

 
—

 
106.0

 
—

 
106.0

Total assets
$
1,327.5

 
$
1,916.9

 
$
2,169.2

 
$
(2,323.5
)
 
$
3,090.1

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
155.8

 
$
469.9

 
$
—

 
$
625.7

Accrued liabilities
11.5

 
114.2

 
212.3

 
—

 
338.0

Current portion of long-term debt
—

 
—

 
217.9

 
—

 
217.9

Current liabilities of discontinued operations
—

 
—

 
128.5

 
—

 
128.5

Total current liabilities
11.5

 
270.0

 
1,028.6

 
—

 
1,310.1

Long-term debt
779.7

 
180.1

 
9.7

 
—

 
969.5

Deferred income taxes
191.6

 
—

 
17.7

 
(26.6
)
 
182.7

Intercompany accounts
—

 
1,205.5

 
200.0

 
(1,405.5
)
 
—

Other liabilities
1.6

 
85.7

 
119.0

 
—

 
206.3

Non-current liabilities of discontinued operations
—

 
—

 
15.5

 
—

 
15.5

Total liabilities
984.4

 
1,741.3

 
1,390.5

 
(1,432.1
)
 
2,684.1

Redeemable noncontrolling interest
—

 
—

 
18.2

 
—

 
18.2

Total Company shareholders’ equity
343.1

 
175.6

 
715.8

 
(891.4
)
 
343.1

Noncontrolling interest
—

 
—

 
44.7

 
—

 
44.7

Total liabilities, redeemable noncontrolling interest and equity
$
1,327.5

 
$
1,916.9

 
$
2,169.2

 
$
(2,323.5
)
 
$
3,090.1







Condensed Balance Sheets Information
December 31, 2014
 
Parent
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Total
Assets
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
—

 
$
1.2

 
$
135.5

 
$
—

 
$
136.7

Receivables, net of allowances
—

 
273.7

 
621.4

 
—

 
895.1

Inventories
—

 
406.9

 
519.7

 
—

 
926.6

Deferred income taxes
—

 
15.6

 
8.4

 
—

 
24.0

Prepaid expenses and other
1.6

 
30.6

 
67.7

 
—

 
99.9

Current assets of discontinued operations
—

 
—

 
313.8

 
—

 
313.8

Total current assets
1.6

 
728.0

 
1,666.5

 
—

 
2,396.1

Property, plant and equipment, net
0.5

 
209.0

 
461.2

 
—

 
670.7

Deferred income taxes
—

 
—

 
18.4

 
—

 
18.4

Intercompany accounts
1,280.8

 
402.4

 
94.1

 
(1,777.3
)
 
—

Investment in subsidiaries
269.9

 
643.9

 
—

 
(913.8
)
 
—

Goodwill
—

 
13.8

 
9.0

 
—

 
22.8

Intangible assets, net
—

 
11.4

 
39.1

 
—

 
50.5

Unconsolidated affiliated companies
—

 
8.3

 
9.2

 
—

 
17.5

Other non-current assets
12.1

 
33.7

 
25.0

 
—

 
70.8

Non-current assets of discontinued operations
—

 
—

 
119.9

 
—

 
119.9

Total assets
$
1,564.9

 
$
2,050.5

 
$
2,442.4

 
$
(2,691.1
)
 
$
3,366.7

Liabilities and Total Equity
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$
—

 
$
106.8

 
$
445.9

 
$
—

 
$
552.7

Accrued liabilities
11.2

 
114.5

 
254.2

 
—

 
379.9

Current portion of long-term debt
125.0

 
—

 
266.6

 
—

 
391.6

Current liabilities of discontinued operations
—

 
—

 
158.6

 
—

 
158.6

Total current liabilities
136.2

 
221.3

 
1,125.3

 
—

 
1,482.8

Long-term debt
778.8

 
136.8

 
18.3

 
—

 
933.9

Deferred income taxes
196.8

 
(40.9
)
 
22.4

 
—

 
178.3

Intercompany accounts
—

 
1,374.5

 
402.8

 
(1,777.3
)
 
—

Other liabilities
1.0

 
88.9

 
138.8

 
—

 
228.7

Non-current liabilities of discontinued operations
—

 
—

 
16.0

 
—

 
16.0

Total liabilities
1,112.8

 
1,780.6

 
1,723.6

 
(1,777.3
)
 
2,839.7

Redeemable noncontrolling interest
—

 
—

 
13.8

 
—

 
13.8

Total Company shareholders’ equity
452.1

 
269.9

 
643.9

 
(913.8
)
 
452.1

Noncontrolling interest
—

 
—

 
61.1

 
—

 
61.1

Total liabilities, redeemable noncontrolling interest and equity
$
1,564.9

 
$
2,050.5

 
$
2,442.4

 
$
(2,691.1
)
 
$
3,366.7
Condensed Statements Of Cash Flows
Condensed Statements of Cash Flows Information
Six Fiscal Months Ended July 3, 2015
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities from continuing operations
$
3.2

 
$
142.1

 
$
(9.6
)
 
$
(6.9
)
 
$
128.8

Net cash flows of operating activities from discontinued operations
—

 
—

 
0.7

 
—

 
0.7

Net cash flows of operating activities
3.2

 
142.1

 
(8.9
)
 
(6.9
)
 
129.5

Cash flows of investing activities:
 
 
 
 
 
 
 
 
 
Capital expenditures
—

 
(11.6
)
 
(18.7
)
 
—

 
(30.3
)
Proceeds from properties sold
—

 
0.1

 
0.2

 
—

 
0.3

Disposal of subsidiaries, net of cash disposed of
—

 
—

 
22.7

 
—

 
22.7

Intercompany accounts
—

 
7.8

 
—

 
(7.8
)
 
—

Other
—

 
(0.1
)
 
0.4

 
—

 
0.3

Net cash flows of investing activities from continuing operations
—

 
(3.8
)
 
4.6

 
(7.8
)
 
(7.0
)
Net cash flows of investing activities from discontinued operations
—

 
—

 
(4.4
)
 
—

 
(4.4
)
Net cash flows of investing activities
—

 
(3.8
)
 
0.2

 
(7.8
)
 
(11.4
)
Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Dividends paid to shareholders
(17.7
)
 
—

 
—

 
—

 
(17.7
)
Intercompany accounts
139.3

 
(154.3
)
 
0.3

 
14.7

 
—

Proceeds from debt
—

 
1,358.1

 
481.7

 
—

 
1,839.8

Repayments of debt
(125.0
)
 
(1,314.7
)
 
(510.0
)
 
—

 
(1,949.7
)
Dividends paid to noncontrolling interest
—

 
—

 
(0.1
)
 
—

 
(0.1
)
Proceeds from exercise of stock options
0.2

 
—

 
—

 
—

 
0.2

Net cash flows of financing activities from continuing operations
(3.2
)
 
(110.9
)
 
(28.1
)
 
14.7

 
(127.5
)
Net cash flows of financing activities from discontinued operations
—

 
—

 
(3.4
)
 
—

 
(3.4
)
Net cash flows of financing activities
(3.2
)
 
(110.9
)
 
(31.5
)
 
14.7

 
(130.9
)
Effect of exchange rate changes on cash and cash equivalents
—

 
(24.4
)
 
(13.8
)
 
—

 
(38.2
)
Increase (decrease) in cash and cash equivalents
—

 
3.0

 
(54.0
)
 
—

 
(51.0
)
Cash and cash equivalents – beginning of period
—

 
1.2

 
204.6

 
—

 
205.8

Cash and cash equivalents – end of period
$
—

 
$
4.2

 
$
150.6

 
$
—

 
$
154.8

Less cash and cash equivalents of discontinued operations
—

 
—

 
52.5

 
—

 
52.5

Cash and cash equivalents of continuing operations – end of period
$
—

 
$
4.2

 
$
98.1

 
$
—

 
$
102.3




Condensed Statements of Cash Flows Information
Six Fiscal Months Ended June 27, 2014
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Total
Net cash flows of operating activities from continuing operations
$
1.4

 
$
(43.6
)
 
$
(53.3
)
 
$
—

 
$
(95.5
)
Net cash flows of operating activities from discontinued operations
—

 
—

 
(14.8
)
 
—

 
(14.8
)
Net cash flows of operating activities
1.4

 
(43.6
)
 
(68.1
)
 
—

 
(110.3
)
Cash flows of investing activities:
 
 
 
 
 
 
 
 
 
Capital expenditures
—

 
(13.4
)
 
(28.5
)
 
—

 
(41.9
)
Proceeds from properties sold
—

 
0.6

 
0.2

 
—

 
0.8

Other
—

 
(1.9
)
 
1.9

 
—

 
—

Net cash flows of investing activities from continuing operations
—

 
(14.7
)
 
(26.4
)
 
—

 
(41.1
)
Net cash flows of investing activities from discontinued operations
—

 
—

 
(3.5
)
 
—

 
(3.5
)
Net cash flows of investing activities
—

 
(14.7
)
 
(29.9
)
 
—

 
(44.6
)
Cash flows of financing activities:
 
 
 
 
 
 
 
 
 
Dividends paid to shareholders
(17.8
)
 
—

 
—

 
—

 
(17.8
)
Excess tax benefits (deficiencies) from stock-based compensation
(0.1
)
 
—

 
—

 
—

 
(0.1
)
Intercompany accounts
46.9

 
(16.0
)
 
(30.9
)
 
—

 
—

Proceeds from debt
—

 
643.6

 
504.0

 
—

 
1,147.6

Repayments of debt
—

 
(570.2
)
 
(406.2
)
 
—

 
(976.4
)
Purchase of noncontrolling interest
—

 
(1.5
)
 
1.2

 
—

 
(0.3
)
Dividends paid to noncontrolling interest
—

 
—

 
(0.7
)
 
—

 
(0.7
)
Repurchase of common shares
(30.7
)
 
—

 
—

 


 
(30.7
)
Proceeds from exercise of stock options
0.1

 
—

 
—

 
—

 
0.1

Net cash flows of financing activities from continuing operations
(1.6
)
 
55.9

 
67.4

 
—

 
121.7

Net cash flows of financing activities from discontinued operations
—

 
—

 
(1.0
)
 
—

 
(1.0
)
Net cash flows of financing activities
(1.6
)
 
55.9

 
66.4

 
—

 
120.7

Effect of exchange rate changes on cash and cash equivalents
—

 
1.9

 
(87.4
)
 
—

 
(85.5
)
Increase (decrease) in cash and cash equivalents
(0.2
)
 
(0.5
)
 
(119.0
)
 
—

 
(119.7
)
Cash and cash equivalents - beginning of period
0.2

 
2.2

 
416.4

 
 
 
418.8

Cash and cash equivalents - end of period
$
—

 
$
1.7

 
$
297.4

 
$
—

 
$
299.1

Less cash and cash equivalents of discontinued operations
—

 
—

 
69.0

 
—

 
69.0

Cash and cash equivalents of continuing operations – end of period
$
—

 
$
1.7

 
$
228.4

 
$
—

 
$
230.1
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 six fiscal months ended July 3, 2015 and the twelve months ended December 31, 2014:
(in millions)
July 3, 2015
 
December 31, 2014
Beginning Balance
$
1,280.8

 
$
1,305.5

Non-cash transactions
 
 
 
Deferred tax
(7.1
)
 
21.4

Equity based awards
4.2

 
13.8

Foreign currency and other
(0.1
)
 
5.1

Cash transactions
(139.3
)
 
(65.0
)
Ending Balance
$
1,138.5

 
$
1,280.8
Parent Company Long-Term Financing Arrangements
At July 3, 2015 and December 31, 2014, the Parent Company was party to the following long-term financing arrangements:
(in millions)
July 3, 2015
 
December 31, 2014
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
(258.8
)
 
(259.7
)
Senior Floating Rate Notes
—

 
125.0

Other
9.0

 
9.0

Total Parent Company debt
779.7

 
903.8

Less current maturities
—

 
125.0

Parent Company Long-term debt
$
779.7

 
$
778.8
Parent Company Debt Maturities
(in millions)
Q2 2016
 
Q2 2017
 
Q2 2018
 
Q2 2019
 
Q2 2020
Debt maturities twelve month period ending
$
—

 
$
—

 
$
—

 
$
—

 
$
—