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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Operating Activities    
Net Income $ 402.2 $ 385.1
Loss from discontinued operations 0.1 0.0
Income from continuing operations 402.3 385.1
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 416.1 416.3
Change in deferred income taxes (88.8) (102.4)
Non-cash stock-based compensation 33.4 28.2
Tax benefits from stock-based compensation awards (27.2) (39.2)
Non-cash charges for sale of inventories revalued at the date of acquisition 6.2 0.5
Other non-cash expenses, net 14.2 15.8
Changes in assets and liabilities, excluding the effects of acquisitions and dispositions:    
Accounts receivable (29.9) (124.7)
Inventories (56.2) (81.3)
Other assets (38.7) (37.6)
Accounts payable 34.8 34.8
Other liabilities (353.4) (395.4)
Contributions to retirement plans (22.2) (18.0)
Net cash provided by continuing operations 290.6 82.1
Net cash used in discontinued operations (1.5) (2.1)
Net cash provided by operating activities 289.1 80.0
Investing Activities    
Acquisitions, net of cash acquired (1,032.4) (298.6)
Purchase of property, plant and equipment (115.1) (97.2)
Proceeds from sale of property, plant and equipment 6.0 0.6
Other investing activities, net 2.2 0.9
Net cash used in investing activities (1,139.3) (394.3)
Financing Activities    
Net proceeds from issuance of debt 998.9 0.0
Repayment of debt (1.4) (851.4)
Increase in commercial paper, net 1,174.0 1,218.9
Purchases of company common stock (1,000.0) (500.0)
Dividends paid (60.3) (60.8)
Net proceeds from issuance of company common stock under employee stock plans 50.0 60.0
Tax benefits from stock-based compensation awards 27.2 39.2
Other financing activities, net (0.4) (6.3)
Net cash used in financing activities 1,188.0 (100.4)
Exchange Rate Effect on Cash 36.9 (64.2)
Increase (Decrease) in Cash and Cash Equivalents 374.7 (478.9)
Cash and Cash Equivalents at Beginning of Period 452.1 1,343.5
Cash and Cash Equivalents at End of Period $ 826.8 $ 864.6