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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Millions
9 Months Ended
Sep. 28, 2025
USD ($)
Sep. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Cash flows from operating activities:      
Net income $ 667.0 $ 760.0  
Less: Net income from discontinued operations 0.0 (179.0)  
Net income from continuing operations 667.0 581.0  
Adjustments to reconcile net income from continuing operations to net cash flows from operating activities of continuing operations:      
Depreciation and amortization 248.0 253.0  
Changes in operating and other assets and liabilities, net (794.0) (615.0)  
Other 0.0 14.0  
Net cash flows from operating activities of continuing operations 121.0 233.0  
Cash flows from investing activities:      
Capital expenditures (246.0) (268.0)  
Investments in partnerships and other assets (10.0) (5.0)  
Net expenditures from breeding stock transactions (9.0) (42.0)  
Proceeds from sale of property, plant and equipment and other assets 6.0 8.0  
Insurance proceeds 7.0 2.0  
Cash receipts on notes receivable 14.0 0.0  
Net cash flows used in investing activities of continuing operations (239.0) (305.0)  
Cash flows from financing activities:      
Payment of dividends (297.0) (270.0)  
Principal payments on long-term debt and finance lease obligations (1.0) (20.0)  
Repayments to Securitization Facility 0.0 (14.0)  
Proceeds from Securitization Facility 0.0 14.0  
Net repayments to revolving credit facilities 0.0 (1.0)  
Net proceeds from issuance of common stock 236.0 0.0  
Other (2.0) 1.0  
Net cash flows used in financing activities of continuing operations (64.0) (290.0)  
Effect of foreign exchange rate changes on cash from continuing operations 12.0 (12.0)  
Cash flows from discontinued operations:      
Net cash flows from operating activities of discontinued operations 0.0 221.0  
Net cash flows used in investing activities of discontinued operations 0.0 (171.0)  
Net cash flows used in financing activities of discontinued operations 0.0 (143.0)  
Effect of foreign exchange rate changes on cash from discontinued operations 0.0 (5.0)  
Net change in cash and cash equivalents of discontinued operations 0.0 (98.0)  
Net change in cash, cash equivalents and restricted cash (170.0) (472.0)  
Cash, cash equivalents and restricted cash at beginning of period (including discontinued operations)     $ 751.0
Cash, cash equivalents and restricted cash at end of period $ 773.0 $ 278.0