Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Cash Flows from Operating Activities    
Net Earnings (Loss) $ 69.0 $ (36.3)
Less: Net loss from Discontinued Operations, Net of Tax (1.7) (112.5)
Net Earnings from Continuing Operations, net of tax 70.7 76.2
Stock Compensation Expense (0.1) 2.8
Depreciation and Amortization 35.2 33.1
Pension Expense, Net of (Funding) (0.6) 0.3
Asset Impairment Charges 0.0 1.5
Deferred Income Taxes 10.6 8.6
Changes in Certain Current Assets and Current Liabilities (196.9) (202.7)
Long-Term Extended Warranty Contracts and Other Deferred Revenue 1.0 1.5
Income Taxes (2.5) 4.2
Other, net (1.3) 1.3
Net Cash used by Operating Activities of Continuing Operations (83.9) (73.2)
Net Cash Provided by (Used for) Operating Activities of Discontinued Operations 4.8 (6.2)
Net Cash used for Operating Activities (79.1) (79.4)
Cash Flows from Investing Activities    
Capital Expenditures (55.9) (86.2)
Investments (3.6) (2.8)
Proceeds from the Sale of Property, Plant and Equipment 0.4 0.0
Net Cash Used for Investing Activities of Continuing Operations (59.1) (89.0)
Net Cash Used for Investing Activities of Discontinued Operations 0.0 (2.9)
Net Cash Used for Investing Activities (59.1) (91.9)
Cash Flows from Financing Activities    
Proceeds From Issuances of Short-Term Debt 610.0 215.0
Payments of Short-Term Debt (225.0) (215.0)
Net Proceeds from Issuances of Long-Term Debt 0.0 222.0
Payments of Long-Term Debt Including Current Maturities (0.3) (159.0)
Common Stock Repurchases (34.1) 0.0
Cash Dividends Paid (19.2) (18.3)
Proceeds from Share-Based Compensation Activity 0.4 0.5
Tax Withholding Associated with Shares Issued for Share-Based Compensation (6.5) (6.8)
Other, net (0.1) (0.2)
Net Cash Provided by Financing Activities 325.2 38.2
Effect of Exchange Rate Changes (4.4) 0.3
Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash 182.6 (132.8)
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 331.9 303.4
Cash and Cash Equivalents and Restricted Cash at End of Period 514.5 170.6
Less: Restricted Cash 11.6 9.1
Cash and Cash Equivalents at End of Period $ 502.9 $ 161.5