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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2022
Jul. 03, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 270,300,000 $ 156,300,000
Adjustments to Reconcile Net Income to Net Cash (Used in) Provided by Operating Activities (Net of Acquisitions and Divestitures):    
Depreciation and Amortization 156,300,000 62,300,000
Asset Impairments 0 2,300,000
Noncash Lease Expense 20,600,000 12,400,000
(Gain) Loss on Sale or Disposition of Assets, Net (1,700,000) 500,000
Share-Based Compensation Expense 11,200,000 7,800,000
Financing Fees Amortization 1,400,000 8,600,000
Change in Operating Assets and Liabilities (353,200,000) (113,600,000)
Net Cash Provided by Operating Activities 104,900,000 136,600,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to Property, Plant and Equipment (32,600,000) (24,300,000)
Proceeds Received from Sales of Property, Plant and Equipment 5,500,000 1,800,000
Business Acquisitions, Net of Cash Acquired (35,000,000.0) (3,800,000)
Net Cash Used in Investing Activities (62,100,000) (26,300,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings Under Revolving Credit Facility 1,521,500,000 183,700,000
Repayments Under Revolving Credit Facility (1,698,200,000) (183,700,000)
Proceeds from Short-Term Borrowings 6,000,000.0 6,200,000
Repayments of Short-Term Borrowings (8,000,000.0) (6,200,000)
Proceeds from Long-Term Borrowings 1,536,800,000 0
Repayments of Long-Term Borrowings (1,108,400,000) (50,200,000)
Dividends Paid to Shareholders (44,300,000) (24,400,000)
Shares Surrendered for Taxes (8,100,000) (6,100,000)
Proceeds from the Exercise of Stock Options 3,400,000 100,000
Repurchase of Common Stock (184,000,000.0) 0
Distributions to Noncontrolling Interests 0 (4,500,000)
Financing Fees Paid (6,500,000) (17,000,000.0)
Net Cash Provided by (Used in) Financing Activities 10,200,000 (102,100,000)
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS (23,300,000) (1,000,000.0)
Net Increase in Cash and Cash Equivalents 29,700,000 7,200,000
Cash and Cash Equivalents at Beginning of Period 672,800,000 611,300,000
Cash and Cash Equivalents at End of Period 702,500,000 618,500,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 20,000,000.0 15,300,000
Income taxes $ 96,700,000 $ 46,300,000