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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 117.1 $ 109.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 66.2 70.3
Deferred income tax expense (benefit) (8.1) 7.3
Non-cash stock-based compensation expense 23.0 21.5
Non-cash impairment of assets 1.2 1.3
Non-cash restructuring-related inventory charges 0.6 0.0
Other non-cash charges (benefits) (1.9) 5.8
Changes in operating assets and liabilities:    
Accounts receivable 108.6 153.8
Inventories (166.3) (147.1)
Prepaid expenses and other current assets (48.8) (35.9)
Accounts payable and accrued liabilities 82.9 (0.1)
Income tax receivables and payables 13.3 19.4
Deferred income 1.8 (4.8)
Other balance sheet changes 7.8 30.1
Net cash provided by operating activities 197.4 230.6
Cash flows from investing activities:    
Capital expenditures (49.4) (42.3)
Purchases of investments (173.5) (1,250.1)
Proceeds from sales and maturities of investments 308.4 469.8
Acquisitions and ventures 0.9 (4.5)
Proceeds from sale of property 20.8 0.0
Net cash provided by (used in) investing activities 107.2 (827.1)
Cash flows from financing activities:    
Repayments of short-term debt 0.0 (9.9)
Payments of finance lease obligations (4.9) (5.7)
Payments of dividends (48.8) (40.6)
Repurchases of common stock, including shares surrendered for tax withholdings (191.1) (130.0)
Proceeds from exercises of stock options 0.0 21.8
Net cash used in financing activities (244.8) (164.4)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 5.1 (18.8)
Net increase (decrease) in cash, cash equivalents, and restricted cash 64.9 (779.7)
Cash, cash equivalents, and restricted cash at beginning of period 626.5 1,355.5
Cash, cash equivalents, and restricted cash at end of period $ 691.4 $ 575.8