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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions | 9 Months Ended
--- | ---
Oct. 02, 2016 | Sep. 27, 2015
Cash flows from operating activities: |  |
Net income | $ 402.6 | $ 284.5
Adjustments to reconcile net cash flows from operating activities: |  |
Depreciation and amortization | 180.5 | 174.9
Share-based Compensation | 6.7 | 14.7
(Income) loss from equity method investments | (21.3) | (11.3)
Changes in operating assets and liabilities and other, net | (361.2) | (375.1)
Net cash flows from operating activities | 207.3 | 87.7
Proceeds from Sale of Equity Method Investments | 0.0 | 354.0
Cash flows from investing activities: |  |
Capital expenditures | (273.9) | (240.3)
Net proceeds (expenditures) from breeding stock transactions | (36.3) | (41.6)
Payments for (Proceeds from) Other Investing Activities | 3.2 | (32.3)
Net cash flows from investing activities | (307.0) | 39.8
Cash flows from financing activities: |  |
Proceeds from issuance of long-term debt | 30.0 | 0.0
Principal payments on long-term debt and capital lease obligations | (1.7) | (409.0)
Proceeds from Securitication Facility | 50.0 | 290.0
Payments on Securitization Facility | (50.0) | (290.0)
Proceeds from (Repayments of) Lines of Credit | 18.3 | (3.7)
Payments of Dividends | (375.9) | (30.0)
Net cash flows from financing activities | (329.3) | (442.7)
Effect of foreign exchange rate changes on cash | 1.7 | (3.1)
Net change in cash and cash equivalents | (427.3) | (318.3)
Cash and cash equivalents at beginning of period | 704.9 | 433.5
Cash and cash equivalents at end of period | $ 277.6 | $ 115.2

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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash -URI http://asc.fasb.org/extlink&oid=6506951 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3044-108585 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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