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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 02, 2021
Dec. 28, 2019
Dec. 29, 2018
OPERATING ACTIVITIES      
Net earnings (loss) $ (138.6) $ 128.9 $ 200.3
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation and amortization 32.8 32.7 31.5
Deferred income taxes (56.9) (9.0) 22.1
Stock-based compensation expense 28.9 24.5 31.2
Pension contribution 0.0 0.0 (60.7)
Pension and SERP expense 8.5 5.6 11.8
Debt Related Commitment Fees and Debt Issuance Costs 5.5 0.0 0.6
Impairment of intangible assets 222.2 0.0 0.0
Environmental and other related costs, net of cash payments and recoveries received 31.5 48.8 (6.1)
Other (12.7) (11.6) 4.7
Changes in operating assets and liabilities:      
Accounts receivable 64.8 30.7 (95.0)
Inventories 107.2 (23.8) (44.5)
Other operating assets 7.4 (5.4) (17.8)
Accounts payable (18.9) 0.0 40.6
Income taxes (0.5) 3.6 (1.9)
Other operating liabilities 27.9 (2.4) (19.3)
Net cash provided by operating activities 309.1 222.6 97.5
INVESTING ACTIVITIES      
Business acquisition, net of cash acquired (5.5) (15.1) 0.0
Additions to property, plant and equipment (10.3) (34.4) (21.7)
Proceeds from Sales of Assets, Investing Activities 0.2 0.0 2.2
Investment in joint ventures (3.5) (8.5) 0.0
Proceeds from Life Insurance Policy 26.8 0.0 0.0
Other (1.6) (3.5) (2.7)
Net cash provided by (used in) investing activities 6.1 (61.5) (22.2)
FINANCING ACTIVITIES      
Repayments of Lines of Credit 898.0 469.3 27.7
Proceeds from Lines of Credit 538.0 704.3 152.2
Proceeds from Issuance of Debt 471.0 0.0 200.0
Payments on long-term debt (183.5) (7.5) (538.2)
Payments of debt issuance and debt extinguishment costs (6.4) (0.3) (2.7)
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net 7.3 0.0 0.0
Cash dividends paid (33.6) (33.6) (28.6)
Purchase of common stock for treasury (21.0) (319.2) (174.7)
Payments Related to Tax Withholding for Share-based Compensation 24.8 16.9 8.8
Proceeds from the exercise of stock options 9.8 12.2 24.0
Contributions from noncontrolling interests 1.8 5.7 0.0
Net cash used in financing activities (154.0) (124.6) (404.5)
Effect of foreign exchange rate changes 5.6 1.0 (8.7)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 166.8 37.5 (337.9)
Cash and cash equivalents at beginning of the year 180.6 143.1 481.0
Cash and cash equivalents at end of the year 347.4 180.6 143.1
OTHER CASH FLOW INFORMATION      
Interest paid 41.4 32.4 29.0
Net income taxes paid 8.6 23.2 17.4
Noncash Investing and Financing Items [Abstract]      
Additions to property, plant and equipment not yet paid 0.9 0.8 1.3
Business acquisition not yet paid $ 0.0 $ 5.5 $ 0.0