XML 18 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 03, 2016
Mar. 29, 2015
Operating Activities:    
Consolidated net income $ 34.8 $ 36.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 24.5 23.7
Other non-cash items 2.9 1.6
Net changes in operating assets and liabilities (20.4) (41.7)
Net cash provided by operating activities 41.8 19.6
Investing Activities:    
Purchases of property, plant and equipment, net (15.7) (24.2)
Net purchases of short-term investments (0.6) (1.7)
Net cash used in investing activities (16.3) (25.9)
Financing Activities:    
Proceeds from issuance of long-term debt 1.2 2.5
Repayment of long-term debt (40.1) (40.0)
Net issuance (repayment) of short-term debt (0.7) 0.4
Purchase of common shares for treasury (2.4) 0.0
Proceeds from issuance of stock under option plan 0.5 0.8
Excess tax benefits related to stock incentive programs 0.0 0.1
Dividends paid to non-controlling interest (0.1) (0.2)
Cash dividends paid (1.7) (1.8)
Net cash used in financing activities (43.3) (38.2)
Effect of exchange rate changes on cash and cash equivalents 0.3 (11.2)
Net decrease in cash and cash equivalents (17.5) (55.7)
Cash and cash equivalents at beginning of period 229.4 [1] 249.6
Cash and cash equivalents at end of period 211.9 [2] 193.9
Supplemental disclosure of cash flow information:    
Interest paid 16.6 19.9
Income taxes paid $ 5.1 $ 13.5
[1] Condensed from audited financial statements
[2] Unaudited