v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Operating activities:      
Net earnings $ 1,042.3 $ 1,068.9 $ 1,034.6
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:      
Depreciation 75.8 72.7 72.2
Amortization of other intangible assets 22.7 25.3 27.1
Provisions for losses on finance receivables 72.9 71.1 57.2
Provisions for losses on non-finance receivables 21.3 22.8 19.2
Stock-based compensation expense 28.9 28.6 44.7
Deferred income tax provision (benefit) 2.5 (8.2) (18.7)
Gain on sales of assets (16.0) (0.6) (1.0)
Changes in operating assets and liabilities, net of effects of acquisitions:      
Trade and other accounts receivable (61.8) (72.9) (45.2)
Contract receivables (11.3) (17.4) (34.0)
Inventories (44.1) 27.8 23.3
Prepaid expenses and other assets 25.5 10.4 35.1
Accounts payable (42.7) 29.0 (48.1)
Accrued and other liabilities (34.3) (40.0) (12.2)
Net cash provided by operating activities 1,081.7 1,217.5 1,154.2
Investing activities:      
Additions to finance receivables (913.6) (966.0) (1,029.0)
Collections of finance receivables 888.9 837.8 833.5
Capital expenditures (76.0) (83.5) (95.0)
Acquisitions of businesses, net of cash acquired 0.0 0.0 (42.6)
Disposals of property and equipment 20.4 3.1 2.7
Other 7.2 4.5 (1.4)
Net cash used by investing activities (73.1) (204.1) (331.8)
Financing activities:      
Net increase (decrease) in other short-term borrowings 3.3 (1.3) (1.7)
Cash dividends paid (462.2) (406.4) (355.6)
Purchases of treasury stock (328.6) (290.0) (294.7)
Proceeds from stock purchase plans and stock option exercises 73.9 92.3 113.6
Other (36.3) (44.4) (34.5)
Net cash used by financing activities (749.9) (649.8) (572.9)
Effect of exchange rate changes on cash and cash equivalents 5.3 (4.6) (5.2)
Increase in cash and cash equivalents 264.0 359.0 244.3
Cash and cash equivalents at beginning of year 1,360.5 1,001.5 757.2
Cash and cash equivalents at end of year 1,624.5 1,360.5 1,001.5
Supplemental cash flow disclosures:      
Cash paid for interest (44.6) (44.1) (44.5)
Net cash paid for income taxes $ (327.0) $ (305.7) $ (300.9)