XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Cash flows provided by (used for) operating activities:    
Net income (loss) $ 49 $ (21)
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Depreciation and amortization 23 21
Stock compensation expense 9 7
Other 25 12
Changes in assets and liabilities, net of acquired companies:    
Accounts receivable (17) (17)
Inventories – net (10) (6)
Other current assets 16 10
Accounts payable (15) (1)
Accrued liabilities (66) (75)
Obligations payable under Indemnification Agreements (7) (2)
Other (2) (2)
Net cash provided by (used for) operating activities 5 (74)
Cash flows used for investing activities:    
Expenditures for property, plant, equipment and other intangibles (19) (16)
Cash paid for acquisitions, net of cash acquired (5) (35)
Net cash used for investing activities (24) (51)
Cash flows provided by financing activities:    
Proceeds from long-term debt 950  
Payment of debt facility issuance and modification costs (21)  
Net proceeds from revolving credit facility   350
Repayment of long-term debt (921)  
Other 5 (1)
Net cash provided by financing activities 13 349
Effect of foreign exchange rate changes on cash and cash equivalents (3) (8)
Net (decrease) increase in cash and cash equivalents (9) 216
Cash and cash equivalents at beginning of period 517 122
Cash and cash equivalents at end of period $ 508 $ 338