XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Operating Activities    
Net income $ 521.6 $ 530.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 154.6 147.5
Amortization 88.1 86.5
Provision for credit losses and sales returns 39.2 38.2
Stock-based compensation 22.7 24.2
Deferred taxes and other non-cash taxes (14.7) (3.0)
Other non-cash expense and loss (income and gain), net 31.7 59.7
Changes in assets and liabilities and other adjustments (338.6) (296.4)
Net cash provided by operating activities 504.6 587.6
Investing Activities    
Purchases of property, plant and equipment (101.9) (139.3)
Purchases of software and other deferred charges (22.9) (22.1)
Purchases of Argentine Blue Chip Swap securities 0.0 (34.2)
Proceeds from sales of Argentine Blue Chip Swap securities 0.0 24.0
Proceeds from sales of property, plant and equipment 20.2 0.4
Proceeds from insurance and sales (purchases) of investments, net 4.5 3.6
Proceeds from settlement of net investment hedges 6.2 0.0
Payments for acquisitions, net of cash acquired, and venture investments (10.7) (1.9)
Net cash used in investing activities (104.6) (169.5)
Financing Activities    
Net increase (decrease) in borrowings with maturities of three months or less 482.0 208.2
Additional long-term borrowings 576.8 0.0
Repayments of long-term debt and finance leases (558.3) (305.2)
Dividends paid (216.0) (207.1)
Share repurchases (453.6) (107.5)
Net (tax withholding) proceeds related to stock-based compensation (12.7) (8.2)
Payments for settlement of fair value hedges (13.5) 0.0
Other (0.3) 0.0
Net cash used in financing activities (195.6) (419.8)
Effect of foreign currency translation on cash balances 2.8 (0.6)
Increase (decrease) in cash and cash equivalents 207.2 (2.3)
Cash and cash equivalents, beginning of year 329.1 215.0
Cash and cash equivalents, end of period $ 536.3 $ 212.7