XML 17 R7.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2019
Mar. 30, 2018
Cash Flows From Operating Activities:    
Net income (loss) $ 154.9 $ (18.0)
Adjustments to reconcile net cash from operating activities:    
Depreciation and amortization 247.6 198.6
Share-based compensation 10.0 4.6
Deferred income taxes (243.2) (47.8)
Other non-cash items 2.6 0.5
Changes in assets and liabilities, net of the effects of acquisitions:    
Accounts receivable, net 48.7 (22.4)
Inventories (0.7) (7.8)
Accounts payable (7.1) 19.1
Income taxes 19.8 (2.9)
Other (68.1) (106.1)
Net cash from operating activities 164.5 17.8
Cash Flows From Investing Activities:    
Capital expenditures (39.8) (34.3)
Acquisitions, net of cash 0.0 (699.9)
Proceeds from divestitures, net of cash 0.0 298.3
Other 0.4 8.3
Net cash from investing activities (39.4) (427.6)
Cash Flows From Financing Activities:    
Issuance of external debt 200.0 626.8
Repayment of external debt (448.7) (902.2)
Debt financing costs 0.0 (12.0)
Proceeds from exercise of share options 0.3 0.0
Repurchase of shares (0.5) (46.6)
Other 0.5 (4.8)
Net cash from financing activities (248.4) (338.8)
Effect of currency rate changes on cash 0.3 (0.3)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (123.0) (748.9)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 367.5 1,279.1
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 244.5 530.2
Cash and cash equivalents, end of period 225.8 511.9
Restricted Cash and Investments, Noncurrent 18.7 18.3
Retained Earnings (Deficit)    
Cash Flows From Operating Activities:    
Net income (loss) $ 154.9 $ (18.0)