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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jul. 02, 2021
Jul. 03, 2020
Cash flow from operating activities:    
Net income $ 253.5 $ 125.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 20.8 19.5
Amortization expense 70.8 80.2
Deferred income taxes (4.9) 14.9
Stock-based compensation 62.8 29.3
Divestitures (gain) loss, net (24.0) 2.4
Other, net 3.6 11.3
(Increase) decrease in assets:    
Accounts receivable, net 35.2 115.7
Inventories (0.3) (33.2)
Other current and non-current assets (22.4) 9.7
Increase (decrease) in liabilities:    
Accounts payable 39.2 (31.1)
Accrued compensation and benefits 6.3 9.1
Deferred revenue 3.9 (8.4)
Other current and non-current liabilities (15.7) (41.3)
Net cash provided by operating activities 428.8 303.2
Cash flow from investing activities:    
Acquisitions of businesses, net of cash acquired (1.2) (198.0)
Purchases of property and equipment (21.4) (29.6)
Net proceeds from sale of businesses 46.0 0.0
Net proceeds from sale of property and equipment 20.7 0.3
Other, net (1.2) (0.1)
Net cash provided by (used in) investing activities 42.9 (227.4)
Cash flow from financing activities:    
Issuance of common stock, net of tax withholdings (17.3) 8.7
Repurchases of common stock (40.0) (50.0)
Proceeds from debt and revolving credit lines 198.9 857.5
Payments on debt and revolving credit lines (363.3) (866.3)
Other, net (1.4) (10.8)
Net cash used in financing activities (223.1) (60.9)
Effect of exchange rate changes on cash and cash equivalents (1.9) (7.7)
Net increase in cash and cash equivalents 246.7 7.2
Cash and cash equivalents - beginning of period 237.7 189.2
Cash and cash equivalents - end of period $ 484.4 $ 196.4