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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Oct. 01, 2020
Operating activities    
Net loss $ (420.5) $ (574.4)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expense 241.9 202.5
Amortization of deferred financing fees 6.4 12.6
Accretion of customer supply agreement 1.6 1.6
Employee Benefit and Share-based Payment Arrangement, Noncash 19.6 17.1
Loss on Derivative Instruments, Pretax (0.1) 0.0
Gain from foreign currency transactions (7.3) (1.1)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property (2.3) (24.9)
Deferred taxes 13.5 (34.3)
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (104.5) 57.2
Grant liability amortization (1.2) (3.2)
Unrealized Gain (Loss) on Investments 1.9 3.8
Increase (Decrease) in Forward Provision (1.1) 226.3
Changes in assets and liabilities    
Accounts receivable, net (4.7) 169.3
Inventory, net 83.4 (66.1)
Accounts payable and accrued liabilities 99.4 (530.6)
Profit sharing/deferred compensation (17.7) (46.2)
Advance payments (1.2) (19.9)
Income taxes receivable/payable 227.2 (252.6)
Other (7.0) 44.0
Net cash provided by (used in) operating activities 13.3 (612.8)
Investing activities    
Purchase of property, plant and equipment (90.0) (70.4)
Payments to Acquire Businesses, Net of Cash Acquired (21.1) (117.9)
Payments for (Proceeds from) Other Investing Activities 4.7 4.9
Net cash used in investing activities (106.4) (183.4)
Financing activities    
Proceeds from (Repayments of) Other Debt (7.5) 10.0
Proceeds from Issuance of Senior Long-term Debt 0.0 1,200.0
Principal payments of debt (30.1) (22.7)
Repayments of Debt (3.0) (439.7)
Repayments of Lines of Credit 0.0 (800.0)
Repayments of Senior Debt 300.0 0.0
Payment, Tax Withholding, Share-based Payment Arrangement (5.0) (14.0)
Proceeds from Stock Plans 3.0 2.6
Debt issuance and financing costs 0.0 (27.6)
Proceeds from (Repurchase of) Equity 0.0 0.1
Payments of Dividends (3.2) (14.4)
Proceeds from (Payments for) Other Financing Activities 0.0 0.1
Net cash used in financing activities (345.8) (105.6)
Effect of exchange rate changes on cash and cash equivalents (3.8) (3.3)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (442.7) (905.1)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance 1,893.1 2,367.2
Cash, cash equivalents, and restricted cash, end of period 1,450.4 1,462.1
Cash and Cash Equivalents, at Carrying Value, Ending Balance 1,430.6 1,441.3
Reconciliation of Cash, Cash Equivalents, and Restricted Cash [Abstract]    
Restricted Cash, Current 0.3 1.3
Restricted Cash, Noncurrent 19.5 19.5
Increase (Decrease) in Income Taxes Payable 227.2 (252.6)
Increase (Decrease) in Contract with Customer, Liability (79.8) (44.1)
Payments to Acquire Businesses, Net of Cash Acquired 21.1 117.9
Proceeds from Issuance of Senior Long-term Debt 0.0 1,200.0
Repayments of Lines of Credit 0.0 800.0
Repayments of Senior Debt 300.0 0.0
Proceeds from (Payments for) Other Financing Activities 0.0 0.1
Payments for Repurchase of Common Stock 0.0 0.1
Increase (Decrease) in Contract with Customer, Asset $ 38.8 $ (200.4)