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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Oct. 29, 2017
Oct. 30, 2016
OPERATING ACTIVITIES    
Net Income $ 428.2 $ 448.2
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 239.0 237.6
Equity in net income of unconsolidated affiliates (5.8) (0.7)
Deferred taxes (67.4) 10.6
Stock-based compensation expense 33.0 28.9
Impairment of long-lived assets 2.2 7.0
Debt modification and extinguishment costs 0.0 15.8
Settlement loss on retirement plans 9.4 0.0
Gain to write-up equity investment in joint venture to fair value 0.0 (153.1)
Loss to write-down assets held for sale 0.0 76.9
Changes in operating assets and liabilities:    
Trade receivables, net (189.8) (123.2)
Inventories, net (99.6) 70.7
Accounts payable, accrued expenses and deferred revenue (75.7) (68.8)
Prepaid expenses (29.7) 11.7
Employer pension contributions 0.0 (6.9)
Other, net (0.7) 22.6
Net cash provided by operating activities 243.1 577.3
INVESTING ACTIVITIES(1)    
Business acquisitions, net of cash acquired (40.1) (157.7)
Purchase of property, plant and equipment (235.2) (163.0)
Proceeds from sale of building 0.0 16.7
Contingent purchase price payments (38.5) (37.0)
Investments in and advance to unconsolidated affiliates (4.5) (24.7)
Payment received on advance to unconsolidated affiliate 6.3 0.0
Net cash used by investing activities [1] (312.0) (365.7)
FINANCING ACTIVITIES(1)    
Net proceeds from (payments on) short-term borrowings 188.4 (5.1)
Proceeds from 2016 facilities, net of related fees 0.0 571.1
Repayment of Term Loan B in connection with amendment to 2014 facilities 0.0 (582.0)
Repayment of 2016/2014 facilities (50.0) (251.3)
Proceeds from 3 5/8% senior notes, net of related fees 0.0 389.6
Net proceeds from settlement of awards under stock plans 11.4 12.3
Cash dividends (11.8) (12.2)
Acquisition of treasury shares (200.2) (229.6)
Payments of capital lease obligations (3.8) (5.3)
Contributions from non-controlling interest 1.7 1.2
Net cash used by financing activities [1] (64.3) (111.3)
Effect of exchange rate changes on cash and cash equivalents 15.4 5.7
(Decrease) increase in cash and cash equivalents (117.8) 106.0
Cash and cash equivalents at beginning of period 730.1 556.4
Cash and cash equivalents at end of period $ 612.3 $ 662.4
[1] See Note 17 for information on Noncash Investing and Financing Transactions.