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Consolidated Condensed Statements of Cash Flow - USD ($)
$ in Millions
6 Months Ended
Jun. 18, 2016
Jun. 20, 2015
OPERATING ACTIVITIES    
Net earnings $ 41.7 $ 65.3
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 20.3 21.7
Deferred income taxes (1.6) (0.1)
Stock-based compensation expense 11.5 14.1
Excess tax benefits from stock-based compensation (0.1) (3.8)
Pension contribution (0.2) 0.0
Pension and SERP expense 4.8 12.9
Restructuring and impairment costs 16.4 2.7
Cash payments related to restructuring costs (9.3) (4.6)
Other (6.8) (2.3)
Changes in operating assets and liabilities:    
Accounts receivable (12.9) (44.4)
Inventories 27.2 (42.2)
Other operating assets 5.8 16.7
Accounts payable (30.0) 53.3
Other operating liabilities 6.0 5.6
Net cash provided by operating activities 72.8 94.9
INVESTING ACTIVITIES    
Additions to property, plant and equipment (28.2) (15.8)
Investment in joint venture (0.5) 0.0
Other 2.7 3.2
Net cash used in investing activities (26.0) (12.6)
FINANCING ACTIVITIES    
Payments on long-term debt (2.8) (67.7)
Cash dividends paid (11.8) (12.3)
Purchase of common stock for treasury (6.0) (5.9)
Purchases of shares under employee stock plans (4.3) (7.5)
Proceeds from the exercise of stock options 2.2 8.5
Excess tax benefits from stock-based compensation 0.1 3.8
Contributions from noncontrolling interests 1.3 0.0
Net cash used in financing activities (21.3) (81.1)
Effect of foreign exchange rate changes 2.1 (4.3)
Increase (decrease) in cash and cash equivalents 27.6 (3.1)
Cash and cash equivalents at beginning of the year 194.1 223.8
Cash and cash equivalents at end of the period $ 221.7 $ 220.7