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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Operating Activities    
Net income $ 112.2 $ 89.6
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 28.8 29.0
Amortization 15.8 15.3
Provision for doubtful accounts and sales returns 11.5 11.2
Net losses from asset impairments and sales/disposals of assets 0.7 0.6
Stock-based compensation 5.6 7.5
Other non-cash expense and loss 15.2 12.8
Changes in assets and liabilities and other adjustments (174.5) (172.3)
Net cash provided by (used in) operating activities 15.3 (6.3)
Investing Activities    
Purchases of property, plant and equipment (30.3) (25.2)
Purchases of software and other deferred charges (6.9) (2.0)
Proceeds from sales of property, plant and equipment   0.1
Purchases of investments, net (0.2) (3.8)
Payments for acquisitions and equity method investments, net of cash acquired (74.6)  
Net cash used in investing activities (112.0) (30.9)
Financing Activities    
Net (decrease) increase in borrowings (maturities of three months or less) (256.8) 169.4
Additional long-term borrowings 526.7  
Repayments of long-term debt (0.8) (0.5)
Dividends paid (36.4) (33.0)
Share repurchases (34.6) (95.6)
Proceeds from exercises of stock options, net 16.4 16.0
Tax withholding for and excess tax benefit from stock-based compensation, net (19.8) (9.2)
Net cash provided by financing activities 194.7 47.1
Effect of foreign currency translation on cash balances 1.8 0.9
Increase in cash and cash equivalents 99.8 10.8
Cash and cash equivalents, beginning of year 195.1 158.8
Cash and cash equivalents, end of period $ 294.9 $ 169.6