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CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Oct. 02, 2015
Cash flows from operating activities:    
Net earnings $ 647.8 $ 627.7
Noncash items:    
Depreciation 66.7 65.7
Amortization 67.2 66.5
Stock-based compensation expense 34.4 24.3
Impairment charge on intangible assets 3.5 12.0
Change in trade accounts receivable, net 9.9 (36.2)
Change in inventories (34.9) (52.8)
Change in trade accounts payable (37.4) 0.5
Change in prepaid expenses and other assets (13.3) (63.1)
Change in accrued expenses and other liabilities 75.5 (23.5)
Net cash provided by operating activities 819.4 621.1
Cash flows from investing activities:    
Cash paid for acquisitions (190.6) 0.0
Payments for additions to property, plant and equipment (90.0) (87.0)
All other investing activities 4.3 3.1
Net cash used in investing activities (276.3) (83.9)
Cash flows from financing activities:    
Net proceeds from borrowings (maturities of 90 days or less) 525.6 0.0
Proceeds from borrowings (maturities longer than 90 days) 2,983.0 0.0
Cash dividend paid to Former Parent (3,000.0) 0.0
Payment of cash dividend to shareholders (24.2) 0.0
Net transfers to Former Parent (301.4) (537.2)
All other financing activities (2.2) 0.0
Net cash provided by (used in) financing activities 180.8 (537.2)
Effect of exchange rate changes on cash and equivalents 0.9 0.0
Net change in cash and equivalents 724.8 0.0
Beginning balance of cash and equivalents 0.0 0.0
Ending balance of cash and equivalents $ 724.8 $ 0.0