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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Cash flows from operating activities:    
Net income (loss) $ 4.7 $ (0.7)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation 57.0 52.8
Amortization of intangible assets 41.7 29.3
Amortization of deferred financing costs 2.2 3.6
Provision for losses on accounts receivables 0.2 (2.0)
Change in LIFO reserve 11.3 (8.7)
Stock compensation expense 10.0 4.7
Deferred income tax (benefit) expense (0.3) 5.5
Loss on extinguishment of debt 3.2  
Other non-cash activities (0.5) (3.1)
Changes in operating assets and liabilities, net    
Accounts receivable (77.3) (23.6)
Inventories 26.1 34.2
Income taxes receivable 0.5 (7.5)
Prepaid expenses and other assets 10.2 (15.1)
Trade accounts payable and outstanding checks in excess of deposits 21.2 (155.3)
Accrued expenses and other liabilities (78.4) (46.1)
Net cash provided by (used in) operating activities 31.8 (132.0)
Cash flows from investing activities:    
Purchases of property, plant and equipment (24.4) (40.8)
Net cash paid for acquisitions (1,382.6)  
Proceeds from sale of property, plant and equipment 0.4 6.1
Net cash used in investing activities (1,406.6) (34.7)
Cash flows from financing activities:    
Net borrowings under ABL Facility 786.9 301.0
Cash paid for debt issuance, extinguishment and modifications (21.5)  
Payments under finance lease obligations (15.0) (8.0)
Payments on financed property, plant and equipment (0.1) (0.3)
Cash paid for acquisitions (0.6) (135.6)
Proceeds from employee stock purchase plan   7.8
Proceeds from exercise of stock options 1.5 2.5
Cash paid for shares withheld to cover taxes (6.4) (4.2)
Net cash provided by financing activities 1,394.8 163.2
Net increase (decrease) in cash and restricted cash 20.0 (3.5)
Cash and restricted cash, beginning of period 22.2 431.8
Cash and restricted cash, end of period 42.2 428.3
Debt assumed through finance lease obligations 35.7 28.9
Purchases of property, plant and equipment, financed   0.2
Non-cash issuance of PFG stock in exchange for Core-Mark stock 1,008.0  
Interest 11.8 10.8
Income tax payments, net 0.6 $ 0.7
4.250% Notes due 2029 [Member]    
Cash flows from financing activities:    
Borrowing of Notes due 2029 1,000.0  
5.500% Notes due 2024 [Member]    
Cash flows from financing activities:    
Repayment of Notes due 2024 $ (350.0)