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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Jul. 04, 2015
Jun. 28, 2014
OPERATING ACTIVITIES        
Net Earnings Attributable to Common Shareowners $ 227.2 $ 216.5 $ 389.5 $ 378.4
Adjustments to reconcile net earnings to cash provided by operating activities:        
Depreciation and amortization of property, plant and equipment 62.5 67.0 125.4 131.4
Amortization of intangibles 39.5 47.4 79.1 93.4
Changes in working capital (50.5) 55.9 (428.4) (274.4)
Changes in other assets and liabilities 33.9 50.4 (50.5) (43.6)
Cash provided by operating activities 312.6 437.2 115.1 285.2
INVESTING ACTIVITIES        
Capital expenditures (65.7) (61.4) (111.6) (119.2)
Business acquisitions, net of cash acquired 0.0 0.0 (0.4) (3.2)
Proceeds from sale of assets 13.2 1.0 14.2 7.0
Proceeds (payments) on net investment hedge settlements 33.5 (29.5) 63.9 (35.8)
Payments for (Proceeds from) Other Investing Activities 10.9 6.2 20.6 10.6
Cash provided by (used in) investing activities (29.9) (96.1) (54.5) (161.8)
FINANCING ACTIVITIES        
Payments on long-term debt (0.3) (0.3) (0.6) (0.6)
Stock purchase contract fees (4.2) (4.3) (8.5) (7.9)
Net short-term borrowings (180.2) (199.7) 418.7 82.6
Cash dividends on common stock (76.8) (78.4) (159.5) (159.1)
Termination of interest rate swaps 0.0 0.0 0.0 (30.3)
Proceeds from the issuance of common stock 31.7 14.4 74.7 27.6
Purchase of common stock for treasury (100.0) 0.0 (448.0) (19.4)
Cash provided by (used in) financing activities (329.8) (268.3) (123.2) (107.1)
Effect of exchange rate changes on cash and cash equivalents 3.5 10.3 (42.1) 3.2
Change in cash and cash equivalents (43.6) 83.1 (104.7) 19.5
Cash and cash equivalents, beginning of period 435.5 432.6 496.6 496.2
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 391.9 $ 515.7 $ 391.9 $ 515.7