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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 28, 2019
Jun. 29, 2018
Cash flows from operating activities:    
Net earnings from continuing operations $ 339.3 $ 464.2
Noncash items:    
Depreciation 62.7 61.1
Amortization 129.6 49.0
Stock-based compensation expense 28.8 24.4
Change in trade accounts receivable, net (102.3) (35.6)
Change in inventories 45.8 (62.8)
Change in trade accounts payable (11.7) 30.5
Change in prepaid expenses and other assets (67.2) (40.9)
Change in accrued expenses and other liabilities (3.6) (66.8)
Total operating cash provided by continuing operations 421.4 423.1
Total operating cash provided by (used in) discontinued operations (6.4) 89.8
Net cash provided by operating activities 415.0 512.9
Cash flows from investing activities:    
Cash paid for acquisitions, net of cash received (3,237.1) (9.3)
Payments for additions to property, plant and equipment (48.5) (47.7)
All other investing activities 0.0 3.8
Total investing cash used in continuing operations (3,285.6) (53.2)
Total investing cash used in discontinued operations 0.0 (11.0)
Net cash used in investing activities (3,285.6) (64.2)
Cash flows from financing activities:    
Net proceeds from (repayments of) commercial paper borrowings 892.3 (325.9)
Proceeds from issuance of mandatory convertible preferred stock net of $43.0 million of issuance costs 0.0 1,338.2
Proceeds from borrowings (maturities greater than 90 days), net of $24.3 million of issuance costs 2,413.2 0.0
Repayment of borrowings (maturities greater than 90 days) (455.3) 0.0
Payment of common stock cash dividend to shareholders (46.8) (48.7)
Payment of mandatory convertible preferred stock cash dividend to shareholders (34.5) 0.0
All other financing activities 7.5 15.3
Total financing cash provided by continuing operations 2,776.4 978.9
Total financing cash provided used in discontinued operations 0.0 (0.1)
Net cash provided by financing activities 2,776.4 978.8
Effect of exchange rate changes on cash and equivalents 7.9 (21.4)
Net change in cash and equivalents (86.3) 1,406.1
Beginning balance of cash and equivalents 1,178.4 962.1
Ending balance of cash and equivalents $ 1,092.1 $ 2,368.2