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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 29, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net earnings $ 556.2 $ 439.8
Noncash items:    
Depreciation 69.1 47.2
Amortization 49.1 26.6
Stock-based compensation expense 26.5 25.3
Change in accounts receivable, net (54.0) (20.7)
Change in inventories (68.4) (7.9)
Change in trade accounts payable 41.0 (28.8)
Change in prepaid expenses and other assets (42.0) (8.3)
Change in accrued expenses and other liabilities (64.7) (79.2)
Net cash provided by operating activities 512.8 394.0
Cash flows from investing activities:    
Cash paid for acquisitions (9.3) 0.0
Payments for additions to property, plant and equipment (58.7) (55.6)
All other investing activities 3.9 (3.0)
Net cash used in investing activities (64.1) (58.6)
Cash flows from financing activities:    
Net repayments of borrowings (maturities of 90 days or less) (326.0) (158.8)
Proceeds from issuance of mandatory convertible preferred stock net of $36 million of issuance costs 1,338.2 0.0
Payments of dividends (48.7) (48.6)
All other financing activities 15.3 7.3
Net cash used by financing activities 978.8 (200.1)
Effect of exchange rate changes on cash and equivalents (21.4) 29.9
Net change in cash and equivalents 1,406.1 165.2
Beginning balance of cash and equivalents 962.1 803.2
Ending balance of cash and equivalents $ 2,368.2 $ 968.4