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Consolidated Condensed Statements of Cash Flow - USD ($)
$ in Millions
8 Months Ended
Sep. 10, 2016
Sep. 12, 2015
OPERATING ACTIVITIES    
Net earnings $ 89.9 $ 111.3
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 30.0 32.8
Deferred income taxes (0.6) (0.2)
Stock-based compensation expense 15.3 17.4
Excess tax benefits from stock-based compensation (0.4) (4.5)
Pension contribution (0.4) 0.0
Pension and SERP expense 7.3 19.3
Debt extinguishment costs 0.0 1.6
Restructuring and impairment costs 17.6 7.5
Cash payments related to restructuring costs (11.2) (6.7)
Other (4.8) (3.2)
Changes in operating assets and liabilities:    
Accounts receivable (12.7) (68.3)
Inventories 8.3 (91.7)
Other operating assets 10.1 29.0
Accounts payable (34.7) 32.7
Other operating liabilities 29.5 32.8
Net cash provided by operating activities 143.2 109.8
INVESTING ACTIVITIES    
Additions to property, plant and equipment (34.4) (28.6)
Investment in joint venture (0.5) 0.0
Other 10.4 (4.3)
Net cash used in investing activities (24.5) (32.9)
FINANCING ACTIVITIES    
Net borrowings under revolving credit agreements 1.2 0.0
Borrowings of long-term debt 250.0 450.0
Payments on long-term debt (5.7) (525.2)
Payments of debt issuance costs (3.4) (2.4)
Cash dividends paid (17.7) (18.3)
Purchase of common stock for treasury (11.4) (12.6)
Purchases of shares under employee stock plans (4.7) (7.6)
Proceeds from the exercise of stock options 5.6 12.8
Excess tax benefits from stock-based compensation 0.4 4.5
Contributions from noncontrolling interests 2.2 0.0
Net cash provided by (used in) financing activities 216.5 (98.8)
Effect of foreign exchange rate changes 1.6 (5.5)
Increase (decrease) in cash and cash equivalents 336.8 (27.4)
Cash and cash equivalents at beginning of the year 194.1 223.8
Cash and cash equivalents at end of the period $ 530.9 $ 196.4