XML 86 R65.htm IDEA: XBRL DOCUMENT v3.3.1.900
Subsidiary Guarantors for 2036 Notes (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jan. 29, 2016
Jan. 30, 2015
Oct. 30, 2015
Jan. 29, 2016
Oct. 30, 2015
Jan. 30, 2015
Oct. 31, 2014
Condensed Consolidating Statement of Income              
Net sales $ 526,300 $ 703,873          
Cost of sales 438,256 517,569          
Product development, selling and administrative expenses 110,413 130,394          
Costs incurred 26,659 665          
Other (income) expense, net (3,941) (3,213)          
Operating (loss) income (45,087) 58,458          
(Loss) income before income taxes (57,203) 45,501          
Provision (benefit) for income taxes (16,982) 14,976          
Net (loss) income (40,221) 30,525          
Comprehensive loss (72,584) (86,474)          
Current assets:              
Cash and cash equivalents 102,885 270,191 $ 270,191 $ 139,933 $ 102,885 $ 152,326 $ 270,191
Accounts receivable, net       650,931 812,073    
Inventories       962,663 1,007,925    
Other current assets       110,879 145,559    
Total current assets       1,864,406 2,068,442    
Property, plant and equipment, net       752,448 792,032    
Other assets:              
Other intangible assets, net       249,678 255,710    
Goodwill       354,627 354,621    
Deferred income taxes       149,641 118,913    
Other non-current assets       109,934 122,728    
Total other assets       863,880 851,972    
Total assets       3,480,734 3,712,446    
Current liabilities:              
Short-term borrowings, including current portion of long-term obligations       29,532 26,321    
Trade accounts payable       216,408 275,789    
Employee compensation and benefits       78,743 90,335    
Advance payments and progress billings       235,508 229,470    
Accrued warranties       50,518 52,146 58,528 67,272
Other accrued liabilities       211,368 225,277    
Current liabilities of discontinued operations       11,582 11,582    
Total current liabilities       833,659 910,920    
Long-term obligations       992,740 1,060,643    
Other liabilities:              
Liabilities for postretirement benefits       17,296 19,540    
Accrued pension costs       178,513 175,699    
Other non-current liabilities       114,108 125,635    
Total other liabilities       309,917 320,874    
Shareholders’ equity       1,344,418 1,420,009    
Total liabilities and shareholders’ equity       3,480,734 3,712,446    
Operating Activities:              
Net cash provided (used) by operating activities 108,589 (18,355)          
Investing Activities:              
Property, plant and equipment acquired (8,103) (22,258)          
Proceeds from sale of property, plant and equipment 9,167 756          
Other investing activities, net 122 141          
Net cash provided (used) by investing activities 1,186 (21,361)          
Financing Activities:              
Common stock issued 0 273          
Dividends paid (997) (19,489)          
Repayments of term loan (4,687) 0          
Payments on credit agreement (58,600) 0          
Repayments of short term debt (1,507) 0          
Payments of Financing Costs (1,011) 0          
Treasury stock purchased 0 (50,000)          
Other financing activities, net 0 440          
Net cash used by financing activities (66,802) (68,776)          
Effect of Exchange Rate Changes on Cash and Cash Equivalents (5,925) (9,373)          
Increase (Decrease) in Cash and Cash Equivalents 37,048 (117,865)          
Cash and Cash Equivalents at Beginning of Period 102,885 270,191 270,191        
Cash and Cash Equivalents at End of Period 139,933 152,326 102,885        
Parent Company              
Condensed Consolidating Statement of Income              
Net sales 0 0          
Cost of sales 0 (3,177)          
Product development, selling and administrative expenses 7,380 11,792          
Costs incurred 395 0          
Other (income) expense, net 0 0          
Operating (loss) income (7,775) (8,615)          
Intercompany items 15,148 16,770          
Interest (expense) income, net (12,720) (15,598)          
(Loss) income before income taxes (5,347) (7,443)          
Provision (benefit) for income taxes (11,505) 20,313          
Equity in income of subsidiaries (46,379) 58,281          
Net (loss) income (40,221) 30,525          
Comprehensive loss (72,584) (86,474)          
Current assets:              
Cash and cash equivalents 581 54,874 54,874 21,242 581 10,550 54,874
Accounts receivable, net       0 0    
Inventories       0 0    
Other current assets       24,035 58,441    
Total current assets       45,277 59,022    
Property, plant and equipment, net       20,632 21,318    
Other assets:              
Other intangible assets, net       0 0    
Goodwill       0 0    
Deferred income taxes       92,648 49,660    
Other non-current assets       2,591,311 2,740,518    
Total other assets       2,683,959 2,790,178    
Total assets       2,749,868 2,870,518    
Current liabilities:              
Short-term borrowings, including current portion of long-term obligations       23,438 18,750    
Trade accounts payable       3,059 3,342    
Employee compensation and benefits       8,251 5,843    
Advance payments and progress billings       0 0    
Accrued warranties       0 0    
Other accrued liabilities       86,823 76,650    
Current liabilities of discontinued operations       0 0    
Total current liabilities       121,571 104,585    
Long-term obligations       992,732 1,060,598    
Other liabilities:              
Liabilities for postretirement benefits       17,296 18,662    
Accrued pension costs       178,513 159,594    
Other non-current liabilities       95,338 81,595    
Total other liabilities       291,147 259,851    
Shareholders’ equity       1,344,418 1,445,484    
Total liabilities and shareholders’ equity       2,749,868 2,870,518    
Operating Activities:              
Net cash provided (used) by operating activities 86,203 25,892          
Investing Activities:              
Property, plant and equipment acquired (240) (93)          
Proceeds from sale of property, plant and equipment 0 0          
Other investing activities, net (7) (1,168)          
Net cash provided (used) by investing activities (247) (1,261)          
Financing Activities:              
Common stock issued   273          
Dividends paid (997) (19,489)          
Repayments of term loan (4,687)            
Payments on credit agreement (58,600)            
Repayments of short term debt 0            
Payments of Financing Costs (1,011)            
Treasury stock purchased   (50,000)          
Other financing activities, net   261          
Net cash used by financing activities (65,295) (68,955)          
Effect of Exchange Rate Changes on Cash and Cash Equivalents 0 0          
Increase (Decrease) in Cash and Cash Equivalents 20,661 (44,324)          
Cash and Cash Equivalents at Beginning of Period 581 54,874 54,874        
Cash and Cash Equivalents at End of Period 21,242 10,550 581        
Supplemental Subsidiary Guarantors              
Condensed Consolidating Statement of Income              
Net sales 265,429 441,075          
Cost of sales 234,709 321,204          
Product development, selling and administrative expenses 40,680 49,377          
Costs incurred 20,016 219          
Other (income) expense, net (698) 4,637          
Operating (loss) income (29,278) 65,638          
Intercompany items (47,734) (23,708)          
Interest (expense) income, net 248 1,634          
(Loss) income before income taxes (76,764) 43,564          
Provision (benefit) for income taxes 150 2,996          
Equity in income of subsidiaries 17,493 1,841          
Net (loss) income (59,421) 42,409          
Comprehensive loss (60,701) 41,000          
Current assets:              
Cash and cash equivalents 2,008 16,429 16,429 2,567 2,008 3,427 16,429
Accounts receivable, net       177,562 214,381    
Inventories       482,262 508,774    
Other current assets       15,953 15,610    
Total current assets       678,344 740,773    
Property, plant and equipment, net       280,034 297,476    
Other assets:              
Other intangible assets, net       203,219 207,891    
Goodwill       346,348 346,348    
Deferred income taxes       0 0    
Other non-current assets       2,049,573 2,078,294    
Total other assets       2,599,140 2,632,533    
Total assets       3,557,518 3,670,782    
Current liabilities:              
Short-term borrowings, including current portion of long-term obligations       0 0    
Trade accounts payable       78,279 96,891    
Employee compensation and benefits       28,486 36,527    
Advance payments and progress billings       100,974 100,312    
Accrued warranties       19,521 19,027    
Other accrued liabilities       57,066 60,228    
Current liabilities of discontinued operations       11,582 11,582    
Total current liabilities       295,908 324,567    
Long-term obligations       0 0    
Other liabilities:              
Liabilities for postretirement benefits       0 878    
Accrued pension costs       0 8,406    
Other non-current liabilities       8,068 8,325    
Total other liabilities       8,068 17,609    
Shareholders’ equity       3,253,542 3,328,606    
Total liabilities and shareholders’ equity       3,557,518 3,670,782    
Operating Activities:              
Net cash provided (used) by operating activities (4,564) (7,426)          
Investing Activities:              
Property, plant and equipment acquired (1,666) (5,971)          
Proceeds from sale of property, plant and equipment 6,789 133          
Other investing activities, net 0 0          
Net cash provided (used) by investing activities 5,123 (5,838)          
Financing Activities:              
Common stock issued   0          
Dividends paid 0 0          
Repayments of term loan 0            
Payments on credit agreement 0            
Repayments of short term debt 0            
Payments of Financing Costs 0            
Treasury stock purchased   0          
Other financing activities, net   262          
Net cash used by financing activities 0 262          
Effect of Exchange Rate Changes on Cash and Cash Equivalents 0 0          
Increase (Decrease) in Cash and Cash Equivalents 559 (13,002)          
Cash and Cash Equivalents at Beginning of Period 2,008 16,429 16,429        
Cash and Cash Equivalents at End of Period 2,567 3,427 2,008        
Supplemental Non-Guarantor Subsidiaries              
Condensed Consolidating Statement of Income              
Net sales 388,918 473,089          
Cost of sales 307,630 362,940          
Product development, selling and administrative expenses 62,353 69,225          
Costs incurred 6,248 446          
Other (income) expense, net (3,243) (7,850)          
Operating (loss) income 15,930 48,328          
Intercompany items (6,071) (6,040)          
Interest (expense) income, net 356 1,007          
(Loss) income before income taxes 10,215 43,295          
Provision (benefit) for income taxes (5,627) (8,333)          
Equity in income of subsidiaries 0 0          
Net (loss) income 15,842 51,628          
Comprehensive loss (15,434) (62,456)          
Current assets:              
Cash and cash equivalents 100,296 198,888 198,888 116,124 100,296 138,349 198,888
Accounts receivable, net       485,295 597,826    
Inventories       568,718 607,461    
Other current assets       70,891 71,508    
Total current assets       1,241,028 1,377,091    
Property, plant and equipment, net       456,798 478,253    
Other assets:              
Other intangible assets, net       46,459 47,819    
Goodwill       8,279 8,273    
Deferred income taxes       56,993 69,253    
Other non-current assets       1,685,949 2,517,110    
Total other assets       1,797,680 2,642,455    
Total assets       3,495,506 4,497,799    
Current liabilities:              
Short-term borrowings, including current portion of long-term obligations       6,094 7,571    
Trade accounts payable       135,070 175,556    
Employee compensation and benefits       42,006 47,965    
Advance payments and progress billings       148,857 149,795    
Accrued warranties       30,997 33,119    
Other accrued liabilities       78,334 100,660    
Current liabilities of discontinued operations       0 0    
Total current liabilities       441,358 514,666    
Long-term obligations       8 45    
Other liabilities:              
Liabilities for postretirement benefits       0 0    
Accrued pension costs       0 7,699    
Other non-current liabilities       10,702 35,715    
Total other liabilities       10,702 43,414    
Shareholders’ equity       3,043,438 3,939,674    
Total liabilities and shareholders’ equity       3,495,506 4,497,799    
Operating Activities:              
Net cash provided (used) by operating activities 26,950 (36,821)          
Investing Activities:              
Property, plant and equipment acquired (6,197) (16,194)          
Proceeds from sale of property, plant and equipment 2,378 623          
Other investing activities, net 129 1,309          
Net cash provided (used) by investing activities (3,690) (14,262)          
Financing Activities:              
Common stock issued   0          
Dividends paid 0 0          
Repayments of term loan 0            
Payments on credit agreement 0            
Repayments of short term debt (1,507)            
Payments of Financing Costs 0            
Treasury stock purchased   0          
Other financing activities, net   (83)          
Net cash used by financing activities (1,507) (83)          
Effect of Exchange Rate Changes on Cash and Cash Equivalents (5,925) (9,373)          
Increase (Decrease) in Cash and Cash Equivalents 15,828 (60,539)          
Cash and Cash Equivalents at Beginning of Period 100,296 198,888 198,888        
Cash and Cash Equivalents at End of Period 116,124 138,349 100,296        
Eliminations              
Condensed Consolidating Statement of Income              
Net sales (128,047) (210,291)          
Cost of sales (104,083) (163,398)          
Product development, selling and administrative expenses 0 0          
Costs incurred 0 0          
Other (income) expense, net 0 0          
Operating (loss) income (23,964) (46,893)          
Intercompany items 38,657 12,978          
Interest (expense) income, net 0 0          
(Loss) income before income taxes 14,693 (33,915)          
Provision (benefit) for income taxes 0 0          
Equity in income of subsidiaries 28,886 (60,122)          
Net (loss) income 43,579 (94,037)          
Comprehensive loss 76,135 21,456          
Current assets:              
Cash and cash equivalents 0   0 0 0    
Accounts receivable, net       (11,926) (134)    
Inventories       (88,317) (108,310)    
Other current assets       0 0    
Total current assets       (100,243) (108,444)    
Property, plant and equipment, net       (5,016) (5,015)    
Other assets:              
Other intangible assets, net       0 0    
Goodwill       0 0    
Deferred income taxes       0 0    
Other non-current assets       (6,216,899) (7,213,194)    
Total other assets       (6,216,899) (7,213,194)    
Total assets       (6,322,158) (7,326,653)    
Current liabilities:              
Short-term borrowings, including current portion of long-term obligations       0 0    
Trade accounts payable       0 0    
Employee compensation and benefits       0 0    
Advance payments and progress billings       (14,323) (20,637)    
Accrued warranties       0 0    
Other accrued liabilities       (10,855) (12,261)    
Current liabilities of discontinued operations       0 0    
Total current liabilities       (25,178) (32,898)    
Long-term obligations       0 0    
Other liabilities:              
Liabilities for postretirement benefits       0 0    
Accrued pension costs       0 0    
Other non-current liabilities       0 0    
Total other liabilities       0 0    
Shareholders’ equity       (6,296,980) (7,293,755)    
Total liabilities and shareholders’ equity       (6,322,158) (7,326,653)    
Financing Activities:              
Cash and Cash Equivalents at Beginning of Period 0            
Cash and Cash Equivalents at End of Period 0   0        
Consolidated              
Condensed Consolidating Statement of Income              
Net sales 526,300 703,873          
Cost of sales 438,256 517,569          
Product development, selling and administrative expenses 110,413 130,394          
Costs incurred 26,659 665          
Other (income) expense, net (3,941) (3,213)          
Operating (loss) income (45,087) 58,458          
Intercompany items 0 0          
Interest (expense) income, net (12,116) (12,957)          
(Loss) income before income taxes (57,203) 45,501          
Provision (benefit) for income taxes (16,982) 14,976          
Equity in income of subsidiaries 0 0          
Net (loss) income (40,221) 30,525          
Comprehensive loss (72,584) (86,474)          
Current assets:              
Cash and cash equivalents 102,885 270,191 270,191 139,933 102,885 $ 152,326 $ 270,191
Accounts receivable, net       650,931 812,073    
Inventories       962,663 1,007,925    
Other current assets       110,879 145,559    
Total current assets       1,864,406 2,068,442    
Property, plant and equipment, net       752,448 792,032    
Other assets:              
Other intangible assets, net       249,678 255,710    
Goodwill       354,627 354,621    
Deferred income taxes       149,641 118,913    
Other non-current assets       109,934 122,728    
Total other assets       863,880 851,972    
Total assets       3,480,734 3,712,446    
Current liabilities:              
Short-term borrowings, including current portion of long-term obligations       29,532 26,321    
Trade accounts payable       216,408 275,789    
Employee compensation and benefits       78,743 90,335    
Advance payments and progress billings       235,508 229,470    
Accrued warranties       50,518 52,146    
Other accrued liabilities       211,368 225,277    
Current liabilities of discontinued operations       11,582 11,582    
Total current liabilities       833,659 910,920    
Long-term obligations       992,740 1,060,643    
Other liabilities:              
Liabilities for postretirement benefits       17,296 19,540    
Accrued pension costs       178,513 175,699    
Other non-current liabilities       114,108 125,635    
Total other liabilities       309,917 320,874    
Shareholders’ equity       1,344,418 1,420,009    
Total liabilities and shareholders’ equity       $ 3,480,734 $ 3,712,446    
Operating Activities:              
Net cash provided (used) by operating activities 108,589 (18,355)          
Investing Activities:              
Property, plant and equipment acquired (8,103) (22,258)          
Proceeds from sale of property, plant and equipment 9,167 756          
Other investing activities, net 122 141          
Net cash provided (used) by investing activities 1,186 (21,361)          
Financing Activities:              
Common stock issued   273          
Dividends paid (997) (19,489)          
Repayments of term loan (4,687)            
Payments on credit agreement (58,600)            
Repayments of short term debt (1,507)            
Payments of Financing Costs (1,011)            
Treasury stock purchased   (50,000)          
Other financing activities, net   440          
Net cash used by financing activities (66,802) (68,776)          
Effect of Exchange Rate Changes on Cash and Cash Equivalents (5,925) (9,373)          
Increase (Decrease) in Cash and Cash Equivalents 37,048 (117,865)          
Cash and Cash Equivalents at Beginning of Period 102,885 270,191 270,191        
Cash and Cash Equivalents at End of Period $ 139,933 $ 152,326 $ 102,885