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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
shares in Millions, $ in Millions
6 Months Ended
Jun. 26, 2015
Jun. 27, 2014
Operating activities:    
Net income $ 110.1 $ 124.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 35.9 36.1
Amortization of debt issuance costs 0.2 0.2
Stock-based compensation expense 6.4 5.5
Asset impairment, net 1.4 0.3
Change in uncertain tax positions 0.1 0.2
Gain on sales of property, plant and equipment (2.2) (0.2)
Deferred income taxes 0.0 (5.6)
Excess tax benefit from stock-based compensation (0.3) 0.0
Foreign currency translation adjustment (2.3) 2.4
Changes in operating assets and liabilities:    
Receivables (48.4) (65.5)
Inventories 56.7 62.8
Prepaid expenses and other current assets (1.9) (8.4)
Accounts payable and accrued expenses 22.1 41.5
Other noncurrent assets and liabilities 1.7 (0.8)
Net cash provided by operating activities 179.5 192.8
Investing activities:    
Capital expenditures (52.5) (81.9)
Proceeds from sales of property, plant and equipment 5.8 0.8
Net cash used in investing activities (46.7) (81.1)
Financing activities:    
Proceeds from long-term debt 281.2 254.3
Payments on long-term debt (340.0) (325.1)
Contributions from noncontrolling interests, net (0.2) 5.0
Proceeds from stock options exercised 19.7 7.7
Excess tax benefit from stock-based compensation 0.3 0.0
Dividends paid (13.1) (14.2)
Repurchase and retirement of ordinary shares (84.8) (35.2)
Net cash used in financing activities (136.9) (107.5)
Effect of exchange rate changes on cash 4.4 0.8
Net decrease in cash and cash equivalents 0.3 5.0
Cash and cash equivalents, beginning 34.1 42.5
Cash and cash equivalents, ending 34.4 47.5
Supplemental cash flow information:    
Cash paid for interest 2.2 2.0
Cash paid for income taxes 2.0 6.2
Non-cash financing and investing activities:    
Purchases of assets under capital lease obligations $ 0.7 $ 0.8
Retirement of ordinary shares 69.7 35.9