XML 45 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Jul. 28, 2013
Jul. 29, 2012
Cash flows from operating activities:    
Net income $ 39.5 $ 61.7
Adjustments to reconcile net cash flows from operating activities:    
Depreciation and amortization 62.9 58.8
(Income) loss from equity method investments 1.7 (0.7)
Pension expense 27.0 24.0
Pension contributions (9.1) (8.6)
Changes in operating assets and liabilities and other, net (108.9) (67.9)
Net cash flows from operating activities 13.1 67.3
Cash flows from investing activities:    
Capital expenditures (76.4) (61.2)
Acquisitions, net of cash acquired (32.8) 0
Net (expenditures) proceeds from breeding stock transactions (5.6) (6.5)
Proceeds from the sale of property, plant and equipment 1.5 6.5
Advance note (10.0) 0
Net cash flows from investing activities (123.3) (61.2)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 0 24.2
Principal payments on long-term debt and capital lease obligations (457.2) (4.2)
Net proceeds on revolving credit facilities and notes payable 449.0 6.5
Repurchase of common stock 0 (145.3)
Other 0 0.2
Net cash flows from financing activities (8.2) (118.6)
Effect of foreign exchange rate changes on cash 0.6 (3.7)
Net change in cash and cash equivalents (117.8) (116.2)
Cash and cash equivalents at beginning of period 310.6 324.3
Cash and cash equivalents at end of period $ 192.8 $ 208.1