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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 28, 2018
Dec. 29, 2017
Dec. 30, 2016
Operating activities:      
Net income $ 156.3 $ 109.0 $ 120.5
Adjustments to reconcile net income to net cash provided by operating activities:      
Loss on extinguishment of debt 4.6 0.0 0.0
Depreciation 31.7 28.2 27.9
Amortization of intangible assets 37.3 36.1 37.6
Stock-based compensation 18.9 18.1 16.5
Deferred income taxes (1.6) 13.6 0.7
Accretion of debt discount 2.4 2.3 2.2
Amortization of deferred financing costs 1.6 2.2 2.4
Pension plan contributions (7.4) (27.4) (29.0)
Pension plan expenses 4.3 10.5 20.8
Impact of tax legislation (2.1) 35.6 0.0
Impairment of intangible assets 0.0 5.7 0.0
Changes in current assets and liabilities, net      
Accounts receivable (170.6) (54.2) (32.6)
Inventories (204.7) (39.8) (5.8)
Accounts payable 245.3 58.5 102.4
Other current assets and liabilities, net 28.0 (10.0) 21.8
Other, net (6.3) (4.6) (6.3)
Net cash provided by operating activities 137.7 183.8 279.1
Investing activities:      
Acquisitions of businesses, net of cash acquired (150.1) 0.0 (4.7)
Capital expenditures, net (42.4) (41.1) (32.6)
Other 9.1 0.0 0.0
Net cash used in investing activities (183.4) (41.1) (37.3)
Financing activities:      
Proceeds from borrowings 3,192.4 1,843.3 1,136.5
Repayments of borrowings (3,082.4) (1,884.0) (1,327.9)
Retirement of Notes due 2019 (353.9) 0.0 0.0
Proceeds from issuance of Notes due 2025 246.9 0.0 0.0
Repayments of Canadian term loan 0.0 (100.2) (83.7)
Deferred financing costs (2.9) 0.0 0.0
Proceeds from stock options exercised 1.5 5.0 2.4
Other, net 0.0 (0.2) (0.6)
Net cash provided by (used in) financing activities 1.6 (136.1) (273.3)
(Decrease) increase in cash and cash equivalents (44.1) 6.6 (31.5)
Effect of exchange rate changes on cash balances 9.1 (5.7) (4.7)
Cash and cash equivalents at beginning of period 116.0 115.1 151.3
Cash and cash equivalents at end of period 81.0 116.0 115.1
Cash paid for interest 73.9 70.6 75.7
Cash paid for taxes $ 88.4 $ 76.4 $ 63.4