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Consolidated Condensed Statements of Cash Flow - USD ($)
$ in Millions
8 Months Ended
Sep. 12, 2015
Sep. 06, 2014
OPERATING ACTIVITIES    
Net earnings $ 111.3 $ 122.7
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 32.8 37.1
Deferred income taxes (0.2) 0.3
Stock-based compensation expense 17.4 17.1
Excess tax benefits from stock-based compensation (4.5) (4.0)
Pension contribution 0.0 (2.4)
Pension and SERP expense 19.3 8.9
Debt extinguishment costs 1.6 0.0
Restructuring and impairment costs 7.5 12.0
Cash payments related to restructuring costs (6.7) (1.0)
Other (3.2) 5.2
Changes in operating assets and liabilities:    
Accounts receivable (68.3) (89.9)
Inventories (91.7) (42.2)
Other operating assets 29.0 7.1
Accounts payable 32.7 28.1
Other operating liabilities 32.8 15.7
Net cash provided by operating activities 109.8 114.7
INVESTING ACTIVITIES    
Additions to property, plant and equipment (28.6) (21.4)
Investment in joint venture 0.0 (0.7)
Other (4.3) (2.2)
Net cash used in investing activities (32.9) (24.3)
FINANCING ACTIVITIES    
Borrowings of long-term debt 450.0 0.0
Payments on long-term debt (525.2) (54.1)
Payments of debt issuance costs (2.4) 0.0
Cash dividends paid (18.3) (18.0)
Purchase of common stock for treasury (12.6) 0.0
Purchases of shares under employee stock plans (7.6) (10.1)
Proceeds from the exercise of stock options 12.8 4.9
Excess tax benefits from stock-based compensation 4.5 4.0
Net cash used in financing activities (98.8) (73.3)
Effect of foreign exchange rate changes (5.5) 0.2
(Decrease) increase in cash and cash equivalents (27.4) 17.3
Cash and cash equivalents at beginning of the year 223.8 214.2
Cash and cash equivalents at end of the period $ 196.4 $ 231.5