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Combined Condensed Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 25, 2020
Sep. 27, 2019
Cash flows from operating activities:    
Net earnings $ 205.2 $ 310.3
Non-cash items:    
Depreciation 37.8 38.4
Amortization 21.8 24.1
Stock-based compensation expense 15.7 9.8
Impairment of goodwill 85.3 0.0
Change in deferred income taxes (8.6) (1.5)
Change in trade accounts receivable, net (51.2) (104.6)
Change in long-term financing receivables, net 104.4 99.3
Change in inventories 4.4 2.6
Change in trade accounts payable 37.9 (19.7)
Change in prepaid expenses and other assets 6.3 0.6
Change in accrued expenses and other liabilities 21.6 (37.0)
Net cash provided by operating activities 480.6 322.3
Cash flows from investing activities:    
Cash paid for investments (9.5) (4.1)
Payments for additions to property, plant and equipment (27.3) (27.0)
Proceeds from sale of property 0.5 0.0
Net cash used in investing activities (36.3) (31.1)
Cash flows from financing activities:    
Net repayments of related-party borrowings (23.4) (0.3)
Net (repayments of) proceeds from short-term borrowings (3.5) 3.6
Net transfers to Parent (419.9) (284.7)
Other financing activities (0.7) (5.4)
Net cash used in financing activities (447.5) (286.8)
Effect of exchange rate changes on cash and equivalents 3.2 (4.4)
Net change in cash and equivalents 0.0 0.0
Beginning balance of cash and equivalents 0.0 0.0
Ending balance of cash and equivalents $ 0.0 $ 0.0