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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Jan. 01, 2011
Operating Activities:      
Net earnings attributable to common shareowners $ 883.8 $ 674.6 $ 198.2
Adjustments to reconcile net earnings to cash provided by operating activities:      
Depreciation and amortization of property, plant and equipment 237.9 228.5 203.4
Amortization of intangibles 207.4 181.6 145.3
Inventory step-up amortization 6.3 0.8 173.5
Pretax (gain) loss on sales of businesses (384.7) 16.2 0
Loss on debt extinguishment 45.5 0 0
Asset impairments 10.8 0.6 24.1
Stock-based compensation expense 89.7 68.9 85.1
Provision for doubtful accounts 11.3 15.9 10.6
Income tax settlements (48.6) (73.4) (36.2)
Debt-fair value amortization (18.3) (34.1) (37.9)
Other non-cash items (28.5) (12.2) 3.8
Changes in operating assets and liabilities:      
Accounts receivable (55.2) 10.1 22.5
Inventories 11.4 (90.2) 35.3
Accounts payable 109.1 214.2 77.3
Deferred revenue (17.6) (6.0) 1.5
Accrued expenses 24.2 2.2 51.4
Other current assets (151.7) 28.4 18.7
Long-term receivables (15.2) (21.1) (14.6)
Defined benefit liabilities (107.0) (130.5) (276.9)
Other long-term liabilities 301.1 (119.5) 39.2
Other long-term assets (145.5) 43.9 15.0
Net cash provided by operating activities 966.2 998.9 739.3
Investing Activities:      
Capital expenditures (386.0) (302.1) (185.5)
Proceeds from sales of assets 9.6 29.4 11.0
Business acquisitions, net of cash acquired (707.3) (1,179.6) (550.3)
Proceeds from sales of businesses, net of cash sold 1,260.6 27.1 0
Cash acquired from Black & Decker 0 0 949.4
Undesignated interest rate swap terminations 0 (3.1) 30.1
Proceeds (payments) for net investment hedge settlements 5.8 (36.0) 14.9
Net cash provided by (used in) by investing activities 182.7 (1,464.3) 269.6
Financing Activities:      
Payments on long-term debt (1,422.3) (403.2) (515.8)
Proceeds from debt issuance 1,523.5 421.0 1,009.8
Net repayments on short-term borrowings (19.0) (199.4) (263.6)
Stock purchase contract fees (3.2) (3.2) (7.7)
Purchase of common stock for treasury (1,073.9) (11.1) (4.9)
Net premium paid for equity option (29.5) (19.6) (50.3)
Premium paid on debt extinguishment (91.0) 0 0
Termination of interest rate swaps 58.2 0 0
Termination of forward starting interest rate swaps 102.6 0 48.4
Proceeds from issuances of common stock 126.4 119.6 396.1
Cash dividends on common stock (304.0) (275.9) (201.6)
Net cash (used in) provided by financing activities (1,337.4) (371.8) 313.6
Effect of exchange rate changes on cash (2.4) 1.3 22.2
(Decrease) Increase in cash and cash equivalents (190.9) (835.9) 1,344.7
Cash and cash equivalents, beginning of year 906.9 1,742.8 398.1
Cash and cash equivalents, end of year $ 716.0 $ 906.9 $ 1,742.8