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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 30, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net earnings $ 261.2 $ 199.7
Noncash items:    
Depreciation 35.0 23.4
Amortization 25.0 13.3
Stock-based compensation expense 11.9 12.0
Change in accounts receivable, net (20.1) 10.0
Change in inventories (31.9) (24.2)
Change in trade accounts payable (22.2) (47.5)
Change in prepaid expenses and other assets (5.9) (0.6)
Change in accrued expenses and other liabilities (82.0) (37.8)
Net cash provided by operating activities 171.0 148.3
Cash flows from investing activities:    
Cash paid for acquisitions (7.7) 0.0
Payments for additions to property, plant and equipment (31.4) (26.8)
All other investing activities 0.1 (0.6)
Net cash used in investing activities (39.0) (27.4)
Cash flows from financing activities:    
Net repayments of borrowings (maturities of 90 days or less) (74.3) (95.5)
Payments of dividends (24.3) (24.2)
All other financing activities 4.4 0.3
Net cash used by financing activities (94.2) (119.4)
Effect of exchange rate changes on cash and equivalents 15.8 12.9
Net change in cash and equivalents 53.6 14.4
Beginning balance of cash and equivalents 962.1 803.2
Ending balance of cash and equivalents $ 1,015.7 $ 817.6