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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Nov. 27, 2015
Nov. 28, 2014
OPERATING ACTIVITIES    
Net income $ 92.8 $ 63.3
Depreciation and amortization 49.4 44.2
Deferred income taxes 2.8 (8.4)
Non-cash restructuring costs 16.2 5.1
Non-cash stock compensation 17.4 15.5
Equity in income of unconsolidated affiliates (11.1) (11.6)
Dividends received from unconsolidated affiliates 9.3 8.0
Other (2.9) (5.3)
Changes in operating assets and liabilities net of acquisitions:    
Accounts receivable (24.9) (59.6)
Inventories (15.5) (45.2)
Assets related to derivative instruments 22.5 (11.0)
Other assets (21.5) (5.7)
Accounts payable 17.9 34.1
Employee compensation liabilities (22.3) (38.2)
Employee benefit obligations (5.6) (3.0)
Accrued expenses and other liabilities 6.0 25.3
Net cash provided by operating activities 130.5 7.5
INVESTING ACTIVITIES    
Capital expenditures (70.0) (69.0)
Proceeds from disposal of fixed assets 4.8 19.4
Purchases of short-term investments (96.9) (78.4)
Liquidations of short-term investments 49.6 117.1
Acquisitions, net of cash acquired (6.9) 0.0
Other 0.1 8.4
Net cash used in investing activities (119.3) (2.5)
FINANCING ACTIVITIES    
Dividends paid (43.1) (39.6)
Common stock repurchases (14.3) (35.3)
Excess tax benefit from vesting of stock awards 5.3 0.8
Borrowing of long-term debt, net of issuance costs 50.0 0.0
Repayments of long-term debt (33.6) (1.8)
Borrowing of lines of credit 1.1 0.0
Repayments of lines of credit 0.0 (0.1)
Net cash used in financing activities (34.6) (76.0)
Effect of exchange rate changes on cash and cash equivalents (2.8) (2.0)
Net decrease in cash and cash equivalents (26.2) (73.0)
Cash and cash equivalents, beginning of period 176.5 201.8
Cash and cash equivalents, end of period $ 150.3 $ 128.8