XML 77 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Cash Flow (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Jun. 15, 2013
Jun. 16, 2012
OPERATING ACTIVITIES    
Net earnings $ 47.9 $ 51.5
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 25.6 7.6
Deferred income taxes (4.6) 0.4
Stock-based compensation expense 13.7 7.9
Excess tax benefits from stock-based compensation (1.2) (3.7)
Pension contribution (0.8) (26.7)
Pension expense 17.2 12.9
Other 1.6 (2.0)
Changes in operating assets and liabilities:    
Accounts receivable (45.3) (15.6)
Inventories (18.9) (13.1)
Other operating assets 14.6 1.7
Accounts payable 31.3 3.8
Income taxes payable 0.2 1.5
Other operating liabilities 6.2 (10.7)
Net cash provided by operating activities 87.5 15.5
INVESTING ACTIVITIES    
Additions to property, plant and equipment (14.7) (4.7)
Proceeds from sale of property, plant and equipment 2.8  
Investment in joint venture (1.6) (1.6)
Other (1.2) (1.3)
Net cash used in investing activities (14.7) (7.6)
FINANCING ACTIVITIES    
Net borrowings under revolver   17.0
Payments of long-term debt (65.3) (0.5)
Cash dividends paid (11.8) (11.8)
Purchase of common stock for treasury   (2.4)
Surrender of common stock for treasury (0.3) (5.6)
Proceeds from shares issued under stock incentive plans 4.8 7.5
Excess tax benefits from stock-based compensation 1.2 3.7
Contributions from non-controlling interests   1.2
Net cash provided by (used in) financing activities (71.4) 9.1
Effect of foreign exchange rate changes (1.8) (0.4)
Increase (decrease) in cash and cash equivalents (0.4) 16.6
Cash and cash equivalents at beginning of the period 171.4 140.0
Cash and cash equivalents at end of the period $ 171.0 $ 156.6