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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 25, 2020
Sep. 27, 2019
Operating activities:    
Net income $ 47.3 $ 94.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 70.5 72.7
Amortization of debt issuance costs 0.4 0.8
Share-based compensation expense 6.2 7.0
Asset impairments 2.9 8.0
Gain on disposal of property, plant and equipment (1.5) (16.1)
Deferred income taxes (2.9) 6.2
Foreign currency translation adjustment 1.6 (3.8)
Changes in operating assets and liabilities    
Receivables 21.9 27.9
Inventories 46.0 25.6
Prepaid expenses and other current assets (6.8) 3.0
Accounts payable and accrued expenses (18.0) (88.5)
Other noncurrent assets and liabilities 6.3 (7.1)
Net cash provided by operating activities 173.9 130.1
Investing activities:    
Capital expenditures (92.9) (93.5)
Proceeds from sales of property, plant and equipment 9.8 48.0
Proceeds from sale of investment 0.5 0.7
Other investing activities 0.1 0.0
Net cash used in investing activities (82.5) (44.8)
Financing activities:    
Proceeds from debt 543.9 684.8
Payments on debt (618.0) (757.3)
     Distributions to noncontrolling interests, net (6.3) (2.4)
Proceeds from stock options exercised 0.0 1.1
Share-based awards settled in cash for taxes 0.6 1.7
Dividends paid (9.6) (2.9)
Repurchase and retirement of ordinary shares (20.8) (17.9)
Net cash used in financing activities (111.4) (96.3)
Effect of exchange rate changes on cash 0.7 6.0
Net decrease in cash and cash equivalents (19.3) (5.0)
Cash and cash equivalents, beginning 33.3 21.3
Cash and cash equivalents, ending 14.0 16.3
Supplemental cash flow information:    
Cash paid for interest 15.6 18.4
Cash paid for income taxes 8.3 8.6
Non-cash financing and investing activities:    
Right-of-use assets obtained in exchange for new operating lease obligations 34.2 28.6
Retirement of ordinary shares 20.8 17.9
Dividends on restricted stock units 0.4 0.3
Gain on Sale of Investments $ 0.0 $ 0.6