Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.19.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Cash Flows from Operating Activities    
Net Earnings $ 41.2 $ 151.9
Less: Net Earnings (Loss) from Discontinued Operations, Net of Tax (147.1) 20.0
Net Earnings from Continuing Operations 188.3 131.9
Stock Compensation Expense 7.0 6.2
Depreciation and Amortization 66.4 49.9
Pension Expense, Net of (Funding) 1.2 (33.3)
Asset Impairment Charges 2.9 24.9
Deferred Income Taxes 29.3 14.0
Changes in Certain Current Assets and Current Liabilities (154.0) (58.7)
Long-Term Extended Warranty Contracts and Other Deferred Revenue 6.1 6.0
Income Taxes 6.4 29.9
Other, net (6.2) (3.8)
Net Cash Provided by Operating Activities of Continuing Operations 147.4 167.0
Net Cash (Used for) Provided by Operating Activities of Discontinued Operations (8.1) 33.9
Net Cash Provided by Operating Activities 139.3 200.9
Cash Flows from Investing Activities    
Capital Expenditures (135.2) (81.7)
Investments (0.2) (5.8)
Acquisition of Businesses, Net of Cash Acquired (64.4) 0.0
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 of Continuing Operations (199.8) (87.6)
Net Cash Provided by (Used for) Investing Activities of Discontinued Operations 481.9 (8.5)
Net Cash Provided By (Used for) Investing Activities 282.1 (96.1)
Cash Flows from Financing Activities    
Proceeds From Issuances of Short-Term Debt 655.0 0.0
Payments of Short-Term Debt (655.0) 0.0
Net Proceeds from Issuances of Long-Term Debt 223.1 0.0
Payments of Long-Term Debt Including Current Maturities (168.1) (0.3)
Common Stock Repurchases (69.8) (70.0)
Cash Dividends Paid (36.4) (33.1)
Proceeds from Share-Based Compensation Activity 0.9 1.2
Tax Withholding Associated with Shares Issued for Share-Based Compensation (8.0) (12.0)
Other, net (0.2) 0.0
Net Cash Used for Financing Activities (58.5) (114.2)
Effect of Exchange Rate Changes 1.4 (3.5)
Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash 364.3 (12.9)
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 667.7 445.3
Less: Restricted Cash 11.6 9.4
Cash and Cash Equivalents at End of Period $ 656.1 $ 435.9