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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 26, 2015
Operating activities    
Net income $ 391.2 $ 376.9
Income (Loss) from Discontinued Operations, Net of Tax (48.6) (88.6)
Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax (0.6) 4.8
Net Income (Loss) from Continuing Operations 342.0 293.1
Adjustments to reconcile net income from continuing operations to net cash provided by (used for) operating activities of continuing operations    
Equity income of unconsolidated subsidiaries (2.7) (1.3)
Depreciation 64.3 59.8
Amortization 72.6 43.8
Deferred income taxes (3.8) (0.9)
Share-based compensation 28.7 27.5
Excess tax benefits from share-based compensation (8.8) (6.0)
Amortization of Debt Issuance Costs 0.0 10.8
Gain (Loss) on Disposition of Other Assets 0.0 7.7
Changes in assets and liabilities, net of effects of business acquisitions    
Accounts and notes receivable 91.8 47.1
Inventories 14.0 (32.7)
Other current assets (62.5) (36.3)
Accounts payable (56.9) (45.6)
Employee compensation and benefits (5.2) (6.4)
Other current liabilities 13.6 25.8
Other non-current assets and liabilities (27.4) (16.5)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 459.7 354.5
Cash Provided by (Used in) Operating Activities, Discontinued Operations 97.1 41.4
Net cash provided by (used for) operating activities 556.8 395.9
Investing activities    
Capital expenditures (94.5) (66.3)
Proceeds from sale of property and equipment 24.1 3.6
Acquisitions, net of cash acquired 0.0 (1,913.0)
Other 3.8 0.0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (74.2) (1,975.7)
Cash Provided by (Used in) Investing Activities, Discontinued Operations (4.3) 45.1
Net cash provided by (used for) investing activities (78.5) (1,930.6)
Financing activities    
Net repayments of short-term borrowings 0.0 (2.0)
Proceeds from Long-term Lines of Credit (291.1) 276.5
Proceeds from Issuance of Long-term Debt 0.0 1,714.8
Repayments of long-term debt (0.7) (4.6)
Payments of Debt Issuance Costs 0.0 26.8
Excess tax benefits from share-based compensation 8.8 6.0
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options 20.1 21.9
Repurchases of ordinary shares 0.0 (200.0)
Dividends paid (181.6) (173.3)
Net cash provided by (used for) financing activities (444.5) 1,612.5
Effect of exchange rate changes on cash and cash equivalents 10.8 (43.3)
Change in cash and cash equivalents 44.6 34.5
Cash and cash equivalents, beginning of period 126.3 110.4
Cash and cash equivalents, end of period $ 170.9 $ 144.9