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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Operating Activities    
Net income $ 233.1 $ 169.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 59.7 58.6
Amortization 31.1 30.8
Provision for doubtful accounts and sales returns 19.8 21.3
Net losses from asset impairments and sales/disposals of assets 0.6 3.2
Stock-based compensation 13.2 14.1
Loss from settlement of pension obligations   41.4
Other non-cash expense and loss 28.1 24.1
Changes in assets and liabilities and other adjustments (207.3) (147.1)
Net cash provided by operating activities 178.3 216.0
Investing Activities    
Purchases of property, plant and equipment (66.5) (61.3)
Purchases of software and other deferred charges (14.9) (6.1)
Proceeds from sales of property, plant and equipment 0.2 3.2
Purchases of investments, net (4.1)  
Payments for acquisitions, net of cash acquired, and investments in businesses (300.9)  
Net cash used in investing activities (386.2) (64.2)
Financing Activities    
Net (decrease) increase in borrowings (maturities of three months or less) (159.5) 104.6
Additional long-term borrowings 526.6  
Repayments of long-term debt (1.5) (1.2)
Dividends paid (76.2) (69.6)
Share repurchases (70.3) (160.1)
Proceeds from exercises of stock options, net 17.5 41.4
Tax withholding for and excess tax benefit from stock-based compensation, net (20.0) (8.4)
Net cash provided by (used in) financing activities 216.6 (93.3)
Effect of foreign currency translation on cash balances 5.6 (1.2)
Increase in cash and cash equivalents 14.3 57.3
Cash and cash equivalents, beginning of year 195.1 158.8
Cash and cash equivalents, end of period $ 209.4 $ 216.1