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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
OPERATING ACTIVITIES      
Net earnings (loss) $ 67.0 $ (138.6) $ 128.9
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation and amortization 33.2 32.8 32.7
Deferred income taxes (14.7) (56.9) (9.0)
Stock-based compensation expense 38.1 28.9 24.5
Pension and SERP expense 14.0 8.5 5.6
Debt Related Commitment Fees and Debt Issuance Costs 5.8 5.5 0.0
Impairment of intangible assets 0.0 222.2 0.0
Environmental and other related costs, net of cash payments and recoveries received 33.7 31.5 48.8
Other (1.9) (12.7) (11.6)
Changes in operating assets and liabilities:      
Accounts receivable (49.2) 64.8 30.7
Inventories (77.2) 107.2 (23.8)
Other operating assets (2.3) 7.4 (5.4)
Accounts payable 23.0 (18.9) 0.0
Income taxes 1.6 (0.5) 3.6
Other operating liabilities 15.7 27.9 (2.4)
Net cash provided by operating activities 86.8 309.1 222.6
INVESTING ACTIVITIES      
Business acquisition, net of cash acquired (417.4) (5.5) (15.1)
Additions to property, plant and equipment (17.6) (10.3) (34.4)
Investment in joint ventures 0.0 (3.5) (8.5)
Proceeds from Life Insurance Policy 0.0 26.8 0.0
Other (2.3) (1.4) (3.5)
Net cash provided by (used in) investing activities (437.3) 6.1 (61.5)
FINANCING ACTIVITIES      
Repayments of Lines of Credit 435.0 898.0 469.3
Proceeds from Lines of Credit 660.0 538.0 704.3
Proceeds from Issuance of Debt 750.0 471.0 0.0
Payments on long-term debt (730.0) (183.5) (7.5)
Payments of debt issuance and debt extinguishment costs (10.4) (6.4) (0.3)
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net 0.0 (7.3) 0.0
Cash dividends paid (33.5) (33.6) (33.6)
Purchase of common stock for treasury (39.6) (21.0) (319.2)
Payments Related to Tax Withholding for Share-based Compensation 14.1 24.8 16.9
Proceeds from the exercise of stock options 17.1 9.8 12.2
Contributions from noncontrolling interests 4.8 1.8 5.7
Net cash provided by (used in) financing activities 169.3 (154.0) (124.6)
Effect of foreign exchange rate changes (4.5) 5.6 1.0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (185.7) 166.8 37.5
Cash and cash equivalents at beginning of the year 347.4 180.6 143.1
Cash and cash equivalents at end of the year 161.7 347.4 180.6
OTHER CASH FLOW INFORMATION      
Interest paid 34.6 41.4 32.4
Net income taxes paid 27.8 8.6 23.2
Noncash Investing and Financing Items [Abstract]      
Additions to property, plant and equipment not yet paid 3.2 0.9 0.8
Business acquisition not yet paid $ 0.0 $ 0.0 $ 5.5