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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Dec. 29, 2024
Operating Activities      
Net income (loss) including noncontrolling interest $ 188.8 $ 179.1  
Adjustments to reconcile net income (loss) including noncontrolling interest to net cash provided by (used in) operating activities:      
Depreciation and amortization 80.7 78.0  
Stock-based compensation 8.9 12.0  
Changes in operating assets and liabilities excluding the effect of business acquired:      
Accounts receivable and unbilled receivables (5.6) 12.1  
Inventories (33.5) (25.2)  
Accounts payable 53.1 27.7  
Deferred taxes and income taxes receivable (payable), net 19.2 19.3  
Prepaid expenses and other assets (3.0) (1.5)  
Accrued expenses and other liabilities (57.3) (21.8)  
Other operating, net (8.7) 11.3  
Net cash provided by (used in) operating activities 242.6 291.0  
Investing Activities      
Purchases of property, plant and equipment (18.0) (15.9)  
Purchases of businesses, net of cash acquired (757.6) 0.0  
Other investing, net 0.6 0.0  
Net cash provided by (used in) investing activities (775.0) (15.9)  
Financing Activities      
Net borrowings from (repayments made to) credit facility 315.0 0.0  
Proceeds from (payments on) other debt (0.1) (0.1)  
Proceeds from exercise of stock options 29.5 9.1  
Other financing, net (4.8) (2.9)  
Net cash provided by (used in) financing activities 339.6 6.1  
Effects of exchange rate changes on cash 4.5 (17.1)  
Change in cash and cash equivalents (188.3) 264.1  
Cash and cash equivalents—beginning of period 649.8 648.3 $ 648.3
Cash and cash equivalents—end of period $ 461.5 $ 912.4 $ 649.8