Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Cash flows from operating activities    
Net earnings $ 130.2 $ 123.3
Less: net loss from discontinued operations, net of tax (4.0) (17.7)
Net earnings from continuing operations 134.2 141.0
Depreciation and amortization 43.1 45.2
Pension funding, net of expense (3.0) (9.4)
Gains on sale of property, plant and equipment, net (5.5) (3.2)
Other long-lived asset impairment charges (gains) 2.3 (2.1)
Deferred income taxes 3.4 4.7
Loss on early extinguishment of debt 32.4 4.4
Changes in certain current assets and current liabilities (104.8) (123.5)
Income taxes 13.5 4.8
Other, net (8.6) 4.0
Net cash provided by operating activities of continuing operations 107.0 65.9
Net cash used for operating activities of discontinued operations (25.9) (20.7)
Net cash provided by operating activities 81.1 45.2
Cash flows from investing activities    
Capital expenditures (61.3) (36.3)
Purchases of marketable securities (1.9) (123.1)
Sales or maturities of marketable securities 143.1 148.2
Investments (0.8) 2.1
Proceeds from the sale of property, plant and equipment 7.0 18.1
Other, net (0.9) (3.0)
Net cash provided by investing activities of continuing operations 87.0 12.0
Net cash used for investing activities of discontinued operations 0 (1.9)
Net cash provided by investing activities 87.0 10.1
Cash flows from financing activities    
Net (payments) issuances of short-term debt (0.9) 0.7
Proceeds from issuances of long-term debt 146.6 0
Payments of long-term debt including current maturities (252.1) (25.1)
Net premium paid on early extinguishment of debt (24.3) (3.7)
Net proceeds from stock compensation activity, including excess tax benefits 5.8 0.6
Net cash used for financing activities of continuing operations (124.9) (27.5)
Net cash used for financing activities of discontinued operations 0 0
Net cash used for financing activities (124.9) (27.5)
Net increase in cash and cash equivalents 43.2 27.8
Cash and cash equivalents at beginning of period 284.3 338.2
Cash and cash equivalents at end of period $ 327.5 $ 366.0