XML 20 R7.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Operating Activities    
Net income (loss) including noncontrolling interest $ 226.8 $ 188.8
Adjustments to reconcile net income (loss) including noncontrolling interest to net cash provided by (used in) operating activities:    
Depreciation and amortization 87.2 80.7
Stock-based compensation 5.6 8.9
Changes in operating assets and liabilities excluding the effect of business acquired:    
Accounts receivable and unbilled receivables (28.5) (5.6)
Inventories (86.7) (33.5)
Accounts payable 60.4 53.1
Deferred taxes and income taxes receivable (payable), net 11.7 19.2
Prepaid expenses and other assets (13.6) (3.0)
Accrued expenses and other liabilities (43.7) (57.3)
Other operating, net 14.8 (8.7)
Net cash provided by (used in) operating activities 234.0 242.6
Investing Activities    
Purchases of property, plant and equipment (29.7) (18.0)
Purchases of businesses, net of cash acquired (53.4) (757.6)
Other investing, net 0.0 0.6
Net cash provided by (used in) investing activities (83.1) (775.0)
Financing Activities    
Net proceeds from (repayments on) credit facility 0.0 315.0
Proceeds from (payments on) other debt (0.2) (0.1)
Proceeds from exercise of stock options 28.9 29.5
Other financing, net (10.3) (4.8)
Net cash provided by (used in) financing activities 18.4 339.6
Effects of exchange rate changes on cash (0.3) 4.5
Change in cash and cash equivalents 169.0 (188.3)
Cash and cash equivalents—beginning of period 352.4 649.8
Cash and cash equivalents—end of period $ 521.4 $ 461.5