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Consolidated Condensed Statements of Cash Flow - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Dec. 30, 2023
OPERATING ACTIVITIES          
Net earnings $ 15.6 $ 24.4 $ 1.9 $ 42.4  
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:          
Depreciation and amortization     13.3 17.1  
Deferred income taxes     (0.7) (0.6)  
Stock-based compensation expense 5.7 3.3 9.8 7.8  
Pension and SERP expense     (0.3) 0.8  
Impairment, Long-Lived Asset, Held-for-Use 3.2 15.6 9.3 15.6  
Environmental and other related costs, net of cash payments     (31.7) (41.0)  
Gain on sale of businesses, trademarks and intangible assets     0.0 20.1  
Other     (8.2) (0.9)  
Changes in operating assets and liabilities:          
Accounts receivable     (13.9) 0.8  
Inventories     72.4 100.3  
Other operating assets     4.3 (4.6)  
Accounts payable     (23.2) (23.1)  
Income taxes payable     (4.7) 6.1  
Other operating liabilities     (38.8) (54.7)  
Net cash provided by (used in) operating activities     (10.5) 45.9  
INVESTING ACTIVITIES          
Additions to property, plant and equipment     (8.1) (14.2)  
Proceeds from sale of businesses, intangible assets and other assets, net of cash disposed of     92.5 81.9  
Proceeds from Life Insurance Policy     7.9 0.0  
Other     (2.4) (0.7)  
Net cash provided by investing activities     89.9 67.0  
FINANCING ACTIVITIES          
Repayments of Lines of Credit     (299.0) (475.0)  
Proceeds from Lines of Credit     219.0 435.0  
Cash Received From Borrowings Against Company Owned Life Insurance Policies     7.0 0.0  
Payments on long-term debt     (26.7) (5.0)  
Payments of Debt Issuance Costs     0.0 (0.9)  
Cash dividends paid     (16.2) (16.4)  
Payment, Tax Withholding, Share-based Payment Arrangement     (1.7) (5.7)  
Proceeds from the exercise of stock options     0.0 0.1  
Contributions from noncontrolling interests     0.0 2.1  
Net cash used in financing activities     (117.6) (65.8)  
Effect of foreign exchange rate changes     1.9 (2.5)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect     (36.3) 44.6  
Cash and cash equivalents at beginning of the year     184.6 135.5 $ 135.5
Cash and cash equivalents at end of the quarter $ 148.3 $ 180.1 $ 148.3 $ 180.1 $ 184.6