Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.23.3
Condensed Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Cash Flows from Operating Activities    
Net Earnings (Loss) $ 359,500,000 $ 535,300,000
Less: Net loss from Discontinued Operations, Net of Tax (2,100,000) (5,700,000)
Net Earnings from Continuing Operations, net of tax 361,600,000 541,000,000.0
Stock Compensation Expense 15,000,000.0 16,800,000
Depreciation and Amortization 201,400,000 167,900,000
Pension Expense, Net of (Funding) (1,200,000) (500,000)
Deferred Income Taxes 900,000 4,000,000.0
Changes in Certain Current Assets and Current Liabilities (161,200,000) (426,800,000)
Long-Term Extended Warranty Contracts and Other Deferred Revenue 14,000,000.0 12,200,000
Income Taxes 21,200,000 (17,000,000.0)
Other, net (19,200,000) (3,000,000.0)
Asset Impairment Charges 6,400,000 19,200,000
Equity Method Investment, Other than Temporary Impairment 19,200,000 0
Net Cash used by Operating Activities of Continuing Operations 458,100,000 313,800,000
Net Cash Provided by (Used for) Operating Activities of Discontinued Operations (7,800,000) (2,400,000)
Net Cash used for Operating Activities 450,300,000 311,400,000
Payments for (Proceeds from) Investments [Abstract]    
Investments (1,600,000) (4,900,000)
Proceeds from Sale, Maturity and Collection of Investments [Abstract]    
Proceeds from Sale and Maturity of Marketable Securities 3,800,000 26,300,000
Capital Expenditures (233,100,000) (299,300,000)
Payments to Acquire Marketable Securities 0 (60,000,000.0)
Payments to Acquire Businesses and Interest in Affiliates (89,600,000) (95,700,000)
Proceeds from the Sale of Property, Plant and Equipment 10,600,000 5,700,000
Net Cash Used for Investing Activities (309,900,000) (411,200,000)
Cash Flows from Financing Activities    
Repayments of Long-term Debt 81,800,000 58,500,000
Payment for Debt Extinguishment or Debt Prepayment Cost 0 (100,000)
Proceeds From Issuances of Short-Term Debt 2,300,000 127,800,000
Payments of Short-Term Debt (5,400,000) (125,000,000.0)
Net Proceeds from Issuances of Long-Term Debt 0 741,800,000
Payments of Long-Term Debt Including Current Maturities (81,800,000) (58,500,000)
Common Stock Repurchases (220,000,000.0) (360,000,000.0)
Cash Dividends Paid (84,600,000) (82,400,000)
Tax Withholding Associated with Shares Issued for Share-Based Compensation (13,400,000) (16,400,000)
Other, net 0 (3,900,000)
Net Cash Provided by Financing Activities (402,900,000) 223,400,000
Effect of Exchange Rate Changes (4,000,000.0) (21,200,000)
Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash (266,500,000) 102,400,000
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 608,500,000 366,700,000
Cash and Cash Equivalents and Restricted Cash at End of Period 342,000,000.0 469,100,000
Less: Restricted Cash 11,100,000 11,700,000
Cash and Cash Equivalents at End of Period 330,900,000 457,400,000
Payments for (Proceeds from) Other Investing Activities $ 0 $ (16,700,000)