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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 30, 2013
Mar. 31, 2012
Operating Activities    
Net income $ 336.2 $ 277.3
Loss from discontinued operations 0.4 3.8
Loss (gain) on disposal of discontinued operations 4.2 (0.3)
Income from continuing operations 340.8 280.8
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 251.0 242.5
Change in deferred income taxes (16.0) (43.2)
Non-cash stock-based compensation 20.4 17.2
Non-cash charges for sale of inventories revalued at the date of acquisition 11.9 26.0
Tax benefits from stock-based compensation awards (16.2) (7.7)
Other non-cash expenses, net (1.2) 11.7
Changes in assets and liabilities, excluding the effects of acquisitions and dispositions:    
Accounts receivable (130.8) (58.4)
Inventories (67.9) (77.0)
Other assets (27.2) (34.3)
Accounts payable 42.5 67.3
Other liabilities (88.6) (18.5)
Contributions to retirement plans (19.6) (8.5)
Net cash provided by continuing operations 299.1 397.9
Net cash used in discontinued operations (0.8) (5.9)
Net cash provided by operating activities 298.3 392.0
Investing Activities    
Acquisitions, net of cash acquired (3.8) (0.5)
Purchase of property, plant and equipment (66.0) (69.2)
Proceeds from sale of property, plant and equipment 3.0 4.0
Other investing activities, net (0.3) (0.9)
Net cash used in continuing operations (67.1) (66.6)
Net cash provided by discontinued operations 0 0.4
Net cash used in investing activities (67.1) (66.2)
Financing Activities    
Decrease in commercial paper, net 0 (349.6)
Redemption and repayment of long-term obligations (0.5) (0.4)
Purchases of company common stock (89.8) (300.0)
Dividends paid (54.0) 0
Net proceeds from issuance of company common stock 101.8 55.1
Tax benefits from stock-based compensation awards 16.2 7.7
(Decrease) increase in short-term notes payable (1.5) 2.2
Net cash used in financing activities (27.8) (585.0)
Exchange Rate Effect on Cash (50.3) 31.2
Increase (Decrease) in Cash and Cash Equivalents 153.1 (228.0)
Cash and Cash Equivalents at Beginning of Period 851.0 1,016.3
Cash and Cash Equivalents at End of Period $ 1,004.1 $ 788.3