XML 16 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Oct. 02, 2016
Sep. 27, 2015
Cash flows from operating activities:    
Net income $ 402.6 $ 284.5
Adjustments to reconcile net cash flows from operating activities:    
Depreciation and amortization 180.5 174.9
Share-based Compensation 6.7 14.7
(Income) loss from equity method investments (21.3) (11.3)
Changes in operating assets and liabilities and other, net (361.2) (375.1)
Net cash flows from operating activities 207.3 87.7
Proceeds from Sale of Equity Method Investments 0.0 354.0
Cash flows from investing activities:    
Capital expenditures (273.9) (240.3)
Net proceeds (expenditures) from breeding stock transactions (36.3) (41.6)
Payments for (Proceeds from) Other Investing Activities 3.2 (32.3)
Net cash flows from investing activities (307.0) 39.8
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 30.0 0.0
Principal payments on long-term debt and capital lease obligations (1.7) (409.0)
Proceeds from Securitication Facility 50.0 290.0
Payments on Securitization Facility (50.0) (290.0)
Proceeds from (Repayments of) Lines of Credit 18.3 (3.7)
Payments of Dividends (375.9) (30.0)
Net cash flows from financing activities (329.3) (442.7)
Effect of foreign exchange rate changes on cash 1.7 (3.1)
Net change in cash and cash equivalents (427.3) (318.3)
Cash and cash equivalents at beginning of period 704.9 433.5
Cash and cash equivalents at end of period $ 277.6 $ 115.2