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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jul. 01, 2018
Jul. 02, 2017
Operating Activities:    
Consolidated net income $ 86.3 $ 79.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 44.5 43.2
Non-cash debt modification fees 0.0 1.8
Other non-cash items (2.0) 4.7
Pension plan funding (12.3) (3.1)
Net changes in operating assets and liabilities (36.3) (48.4)
Net cash provided by operating activities 80.2 77.6
Investing Activities:    
Purchases of property, plant and equipment, net (42.1) (33.1)
Acquisition of business, net of cash acquired (124.1) 0.0
Proceeds from sale of short-term investments 1.8 0.0
Purchases of short-term investments (2.5) (2.7)
Net cash used in investing activities (166.9) (35.8)
Financing Activities:    
Debt issuance costs (1.4) 0.0
Repayment of long-term debt (6.6) (54.8)
Issuance of short-term debt 113.0 0.0
Repayment of short-term debt (1.1) 0.0
Purchase of common shares for treasury (13.3) 0.0
Proceeds from issuance of stock under option plan 1.9 2.5
Excess tax benefits related to stock incentive programs (3.2) (3.5)
Dividends paid to non-controlling interests (0.2) (1.7)
Cash dividends paid (3.5) (3.5)
Net cash provided by (used in) financing activities 85.6 (61.0)
Effect of exchange rate changes on cash and cash equivalents (8.1) 8.4
Net decrease in cash and cash equivalents (9.2) (10.8)
Cash and cash equivalents at beginning of period 212.2 [1] 188.5
Cash and cash equivalents at end of period 203.0 [2] 177.7
Supplemental disclosure of cash flow information:    
Interest paid 22.1 22.0
Income taxes paid 20.9 29.3
Non-cash financing activities:    
Treasury stock purchases settled after period end $ 0.3 $ 0.0
[1] Condensed from audited financial statements
[2] Unaudited