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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Operating activities:    
Net earnings $ 222.7 $ 197.6
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:    
Depreciation 18.5 18.7
Amortization of other intangibles 7.2 6.0
Provision for losses on finance receivables 6.3 11.3
Provision for losses on non-finance receivables 3.8 2.6
Stock-based compensation expense 9.0 12.3
Deferred income tax provision 2.3 2.3
Gain on sales of assets (2.7) 0.0
Changes in operating assets and liabilities, net of effects of acquisitions:    
Trade and other accounts receivable (53.1) (9.8)
Contract receivables 9.7 5.6
Inventories (61.7) 8.3
Prepaid and other assets 1.9 (1.8)
Accounts payable 24.1 17.5
Accruals and other liabilities 5.9 48.7
Net cash provided by operating activities 193.9 319.3
Investing activities:    
Additions to finance receivables (205.5) (216.5)
Collections of finance receivables 215.6 228.6
Capital expenditures (20.2) (19.3)
Acquisitions of businesses, net of cash acquired 0.0 (200.0)
Disposals of property and equipment 3.8 0.0
Other (0.3) 0.0
Net cash used by investing activities (6.6) (207.2)
Financing activities:    
Net increase in other short-term borrowings 2.3 2.4
Cash dividends paid (75.7) (66.7)
Purchases of treasury stock (28.8) (151.9)
Proceeds from stock purchase and option plans 5.8 93.0
Other (9.9) (7.8)
Net cash used by financing activities (106.3) (131.0)
Effect of exchange rate changes on cash and cash equivalents 0.1 0.1
Increase (decrease) in cash and cash equivalents 81.1 (18.8)
Cash and cash equivalents at beginning of year 780.0 923.4
Cash and cash equivalents at end of period 861.1 904.6
Supplemental cash flow disclosures:    
Cash paid for interest (13.8) (19.4)
Net cash paid for income taxes $ (18.0) $ (15.9)