XML 18 R5.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Operating Activities:    
Net income (loss) $ (52.5) $ 116.2
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 67.9 70.6
Reduction of right of use asset 11.7 10.6
Provision for litigation reserve and credit losses 215.0 30.0
Restructuring costs 11.3 0.0
Pension funding (6.4) (11.3)
Other non-cash items, net (37.0) 0.8
Net changes in operating assets and liabilities (80.6) (50.9)
Net cash provided by operating activities 129.4 166.0
Investing Activities:    
Purchases of property, plant and equipment, net (74.7) (61.4)
Payments related to acquisition of business, net of cash acquired 0.0 (4.0)
Proceeds from sale of short-term investments 7.8 4.2
Purchases of short-term investments (11.7) (7.7)
Other investing activities (16.7) (8.7)
Net cash used in investing activities (95.3) (77.6)
Financing Activities:    
Proceeds from issuance of short-term debt 8.2 0.0
Repayment of long-term debt (3.2) (7.2)
Repayment of short-term debt 0.0 (25.4)
Purchase of common stock for treasury (47.5) (57.4)
Proceeds from issuance of stock under option plan 0.6 13.9
Excess tax benefits related to stock incentive programs (3.5) (2.8)
Dividends paid to non-controlling interests (4.1) (1.0)
Cash dividends paid (10.4) (9.7)
Net cash used in financing activities (59.9) (89.6)
Effect of exchange rate changes on cash and cash equivalents 12.3 1.1
Net decrease in cash and cash equivalents (13.5) (0.1)
Cash and cash equivalents at beginning of period 333.1 [1] 317.2
Cash and cash equivalents at end of period 319.6 317.1
Supplemental disclosure of cash flow information:    
Interest paid 46.5 51.5
Income taxes paid 53.2 49.8
Non-cash investing and financing activities:    
Property, plant and equipment additions related to asset retirement obligations 0.0 7.0
Treasury stock purchases settled after period end 0.2 0.2
Excise tax charged to equity not paid $ 0.2 $ 0.4
[1] Condensed from audited financial statements