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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Operating activities:    
Net earnings $ 536.2 $ 516.9
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:    
Depreciation 52.2 52.0
Amortization of other intangibles 16.3 19.2
Provision for losses on finance receivables 35.8 41.5
Provision for losses on non-finance receivables 14.4 9.4
Stock-based compensation expense 18.7 22.6
Deferred income tax provision (benefit) 10.7 (6.9)
Loss on sales of assets 0.8 0.7
Loss on early extinguishment of debt 0.0 7.8
Changes in operating assets and liabilities, net of effects of acquisitions:    
Increase in trade and other accounts receivable (8.4) (26.5)
Increase in contract receivables (12.9) (27.9)
Increase in inventories (97.3) (49.3)
Increase in prepaid and other assets (17.0) (1.1)
Increase in accounts payable 9.2 25.2
Decrease in accruals and other liabilities (80.8) (35.0)
Net cash provided by operating activities 477.9 548.6
Investing activities:    
Additions to finance receivables (628.1) (643.5)
Collections of finance receivables 565.1 564.0
Capital expenditures (77.8) (68.5)
Acquisitions of businesses, net of cash acquired (38.9) (3.0)
Disposals of property and equipment 0.3 0.3
Other (1.3) 1.3
Net cash used by investing activities (180.7) (149.4)
Financing activities:    
Proceeds from issuance of long-term debt 0.0 395.4
Repayments of long-term debt 0.0 (457.8)
Repayment of notes payable 0.0 (16.8)
Net increase in other short-term borrowings 46.9 0.9
Cash dividends paid (157.6) (138.9)
Purchases of treasury stock (167.2) (184.4)
Proceeds from stock purchase and option plans 26.2 54.1
Other (18.5) (19.6)
Net cash used by financing activities (270.2) (367.1)
Effect of exchange rate changes on cash and cash equivalents (0.4) (1.9)
Increase in cash and cash equivalents 26.6 30.2
Cash and cash equivalents at beginning of year 140.9 92.0
Cash and cash equivalents at end of period 167.5 122.2
Supplemental cash flow disclosures:    
Cash paid for interest (44.8) (49.7)
Net cash paid for income taxes $ (140.5) $ (148.1)