CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Jul. 02, 2023
Operating Activities:
Net income	$ 154.0	$ 180.1
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	73.9	71.0
Share-based compensation	17.2	14.1
Deferred taxes	30.3	0.6
Net gains from disposal of property, plant and equipment	(2.1)	(0.3)
Loss (gain) from sale of business	0.0	0.6
Changes in operating assets and liabilities:
Inventories	(94.2)	(184.7)
Accounts receivable	(103.4)	(131.2)
Accounts payable	16.7	(66.3)
Pension Plan Contributions	0.0	(50.0)
Retirement benefits	(5.7)	(8.5)
Accrued liabilities and other	(84.4)	(42.5)
Cash provided by (used in) operating activities	2.3	(217.1)
Investing Activities:
Purchases of property, plant and equipment	(126.0)	(103.3)
Proceeds from disposal of property, plant and equipment	5.9	1.6
Transaction costs for sales of businesses, net of proceeds	0.0	(0.3)
Other	3.0	1.2
Cash used in investing activities	(117.1)	(100.8)
Financing Activities:
Payments on long-term debt and finance leases	(14.1)	(11.3)
Net borrowings (payments) under credit facilities	(4.9)	33.2
Purchase of treasury stock	(150.0)	(10.1)
Shares repurchased for income tax withholding on share-based compensation and other	(24.9)	(10.8)
Cash provided by (used in) financing activities	(193.9)	1.0
Less: Cash held for sale	(9.6)	0.0
Decrease in cash and cash equivalents	(318.3)	(316.9)
Cash and cash equivalents at beginning of period	743.9	584.0
Cash and cash equivalents at end of period	$ 425.6	$ 267.1