Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.19.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Cash Flows from Operating Activities    
Net Earnings (Loss) $ (36.3) $ 72.9
Depreciation and Amortization 39.8 27.8
Stock Compensation Expense 3.3 1.9
Pension Expense, Net of Funding 0.3 0.9
Asset Impairment Charges (138.7) 0.0
Deferred Income Taxes (3.4) 20.0
Changes in Certain Current Assets and Current Liabilities (211.2) (224.2)
Long-Term Extended Warranty Contracts and Other Deferred Revenue 1.2 2.6
Fitness Business Separation Costs 7.8 0.0
Cash Paid for Fitness Business Separation Costs 1.5 0.0
Income Taxes (16.2) 32.5
Other, net (1.9) (1.5)
Net Cash Used for Operating Activities (79.4) (67.1)
Cash Flows from Investing Activities    
Capital Expenditures (88.1) (37.1)
Investments (3.8) (4.8)
Proceeds from the Sale of Property, Plant and Equipment 0.0 0.1
Other, net 0.0 (0.2)
Net Cash Used for Investing Activities (91.9) (42.0)
Cash Flows from Financing Activities    
Proceeds From Issuances of Short-Term Debt 215.0 0.0
Payments of Short-Term Debt 215.0 0.0
Net Proceeds from Issuances of Long-Term Debt 222.0 0.0
Payments of Long-Term Debt Including Current Maturities (159.0) (0.1)
Common Stock Repurchases 0.0 (35.0)
Cash Dividends Paid (18.3) (16.6)
Proceeds from Share-Based Compensation Activity 0.5 1.0
Tax Withholding Associated with Shares Issued for Share-Based Compensation (6.8) (9.3)
Other, net (0.2) 0.0
Net Cash Provided by (Used for) Financing Activities 38.2 (60.0)
Effect of Exchange Rate Changes 0.3 4.3
Net Decrease in Cash and Cash Equivalents and Restricted Cash (132.8) (164.8)
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 303.4 458.2
Cash and Cash Equivalents and Restricted Cash at End of Period 170.6 293.4
Less: Restricted Cash 9.1 9.4
Cash and Cash Equivalents at End of Period $ 161.5 $ 284.0