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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 29, 2017
Dec. 30, 2016
Jan. 01, 2016
Operating activities:      
Net income $ 109.0 $ 120.5 $ 127.6
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of business, net of tax expense of $17.3 in 2015 0.0 0.0 (40.0)
Depreciation 28.2 27.9 23.8
Amortization of intangible assets 36.1 37.6 25.4
Stock-based compensation 18.1 16.5 14.5
Deferred income taxes 13.6 0.7 5.9
Accretion of debt discount 2.3 2.2 1.8
Amortization of deferred financing costs 2.2 2.4 2.0
Pension plan contributions (27.4) (29.0) (37.7)
Pension plan expenses 10.5 20.8 11.4
Impairment of intangible assets 5.7 0.0 0.0
Impact of tax legislation 35.6 0.0 0.0
Loss on extinguishments of debt 0.0 0.0 0.9
Changes in current assets and liabilities, net      
Accounts receivable (54.2) (32.6) (5.9)
Inventories (39.8) (5.8) (54.0)
Accounts payable 58.5 102.4 (15.3)
Other current assets and liabilities, net (10.0) 21.8 31.1
Other, net (4.6) (6.3) 1.0
Net cash provided by operating activities 183.8 279.1 92.5
Investing activities:      
Acquisitions of businesses, net of cash acquired 0.0 (4.7) (822.5)
Proceeds from sale of business 0.0 0.0 371.8
Capital expenditures, net (41.1) (32.6) (28.6)
Net cash used in investing activities (41.1) (37.3) (479.3)
Financing activities:      
Proceeds from borrowings 1,843.3 1,136.5 1,442.6
Repayments of borrowings (1,884.0) (1,327.9) (1,116.5)
Proceeds from issuance of Notes due 2023 0.0 0.0 345.6
Proceeds from Issuance of Canadian Term Loan 0.0 0.0 229.1
Repayments of Canadian term loan (100.2) (83.7) (45.1)
Retirement of Notes due 2015 0.0 0.0 (200.0)
Repayment of term loan 0.0 0.0 (198.8)
Deferred financing costs 0.0 0.0 (6.7)
Proceeds from stock options exercised 5.0 2.4 0.0
Other, net (0.2) (0.6) (1.0)
Net cash (used in) provided by financing activities (136.1) (273.3) 449.2
Increase (decrease) in cash and cash equivalents 6.6 (31.5) 62.4
Effect of exchange rate changes on cash balances (5.7) (4.7) (3.1)
Cash and cash equivalents at beginning of period 115.1 151.3 92.0
Cash and cash equivalents at end of period 116.0 115.1 151.3
Cash paid for interest 70.6 75.7 56.1
Cash paid for taxes $ 76.4 $ 63.4 $ 103.5