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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Operating activities:    
Net earnings $ 197.6 $ 142.0
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:    
Depreciation 18.7 18.1
Amortization of other intangibles 6.0 5.7
Provision for losses on finance receivables 11.3 16.3
Provision for losses on non-finance receivables 2.6 5.0
Stock-based compensation expense 12.3 1.1
Deferred income tax provision (benefit) 2.3 (3.6)
Loss on sales of assets 0.0 0.1
Changes in operating assets and liabilities, net of effects of acquisitions:    
Trade and other accounts receivable (9.8) 34.3
Contract receivables 5.6 1.2
Inventories 8.3 (23.8)
Prepaid and other assets (1.8) 3.2
Accounts payable 17.5 1.9
Accruals and other liabilities 48.7 11.9
Net cash provided by operating activities 319.3 213.4
Investing activities:    
Additions to finance receivables (216.5) (212.8)
Collections of finance receivables 228.6 190.7
Capital expenditures (19.3) (17.2)
Acquisitions of businesses, net of cash acquired (200.0) (6.1)
Other 0.0 (4.4)
Net cash used by investing activities (207.2) (49.8)
Financing activities:    
Net increase (decrease) in other short-term borrowings 2.4 (41.9)
Cash dividends paid (66.7) (59.0)
Purchases of treasury stock (151.9) (50.5)
Proceeds from stock purchase and option plans 93.0 1.5
Other (7.8) (7.2)
Net cash used by financing activities (131.0) (157.1)
Effect of exchange rate changes on cash and cash equivalents 0.1 (5.2)
Increase (decrease) in cash and cash equivalents (18.8) 1.3
Cash and cash equivalents at beginning of year 923.4 184.5
Cash and cash equivalents at end of period 904.6 185.8
Supplemental cash flow disclosures:    
Cash paid for interest (19.4) (20.7)
Net cash paid for income taxes $ (15.9) $ (15.1)