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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
May 02, 2020
Jul. 27, 2019
Apr. 27, 2019
Jul. 28, 2018
May 02, 2020
May 02, 2020
Apr. 27, 2019
Apr. 28, 2018
OPERATING ACTIVITIES:                
Net Income $ 30.1 $ 28.3 $ 22.6 $ 23.7 $ 123.4 $ 123.4 $ 91.6 $ 57.2
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:                
Depreciation and Amortization           48.3 43.3 28.1
Stock-based Compensation Expense           0.3 14.0 4.0
Change in Cash Surrender Value of Life Insurance             (0.6) (0.8)
Amortization of Debt Issuance Costs           0.7 0.5  
Gain on Sale of Business/Investment/Property           (0.4) (0.4) (1.6)
Change in Deferred Income Taxes           8.0 (4.4) (12.7)
Other           (0.2) 0.2  
Changes in Operating Assets and Liabilities:                
Accounts Receivable           27.4 1.5 2.8
Inventories           (15.8) (3.9) (7.2)
Prepaid Expenses and Other Assets           (3.6) (16.7) 8.2
Accounts Payable and Other Liabilities           (47.5) (23.1) 39.8
NET CASH PROVIDED BY OPERATING ACTIVITIES           140.6 102.0 117.8
INVESTING ACTIVITIES:                
Purchases of Property, Plant and Equipment           (45.1) (49.8) (47.7)
Acquisition of Businesses, Net of Cash Acquired             (422.1) (130.9)
Acquisition of Technology Licenses               (0.7)
Sale of Business/Investment/Property           0.6 1.1 0.3
NET CASH USED IN INVESTING ACTIVITIES           (44.5) (470.8) (179.0)
FINANCING ACTIVITIES:                
Taxes Paid Related to Net Share Settlement of Equity Awards           (0.4) (1.7) (0.3)
Repayments of Finance Leases           (0.7)    
Debt Issuance Costs             (3.1)  
Proceeds from Exercise of Stock Options               0.3
Cash Dividends           (16.3) (16.3) (14.7)
Proceeds from Borrowings           157.5 359.0 81.4
Repayment of Borrowings           (98.4) (120.5) (79.4)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES           41.7 217.4 (12.7)
Effect of Foreign Currency Exchange Rate Changes on Cash and Cash Equivalents           (3.7) (11.5) 26.0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS           134.1 (162.9) (47.9)
Cash and Cash Equivalents at Beginning of Year   $ 83.2   $ 246.1   83.2 246.1 294.0
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 217.3   $ 83.2   $ 217.3 217.3 83.2 246.1
Cash paid during the year for:                
Interest           9.9 8.8 2.4
Income Taxes, Net of Refunds           $ 21.1 $ 27.8 $ 20.2