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Consolidated Condensed Statements of Cash Flow - USD ($)
$ in Millions
 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
OPERATING ACTIVITIES    
Net earnings $ 42.4 $ 132.9
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 17.1 16.8
Deferred income taxes (0.6) 3.0
Stock-based compensation expense 7.8 19.3
Pension and SERP expense 0.8 4.7
Impairment, Long-Lived Asset, Held-for-Use 15.6 0.0
Environmental and other related costs, net of cash payments (41.0) (35.0)
Gain on sale of business and trademarks 20.1 90.0
Other (0.9) (2.6)
Changes in operating assets and liabilities:    
Accounts receivable 0.8 (107.6)
Inventories 100.3 (284.7)
Other operating assets (4.6) (15.9)
Accounts payable (23.1) 104.3
Income taxes payable 6.1 25.5
Other operating liabilities (54.7) (18.6)
Net cash provided by (used in) operating activities 45.9 (247.9)
INVESTING ACTIVITIES    
Additions to property, plant and equipment (14.2) (16.1)
Proceeds from sale of business, trademarks and other assets 81.9 90.0
Other (0.7) 4.8
Net cash provided by investing activities 67.0 78.7
FINANCING ACTIVITIES    
Repayments of Lines of Credit (475.0) (107.0)
Proceeds from Lines of Credit 435.0 372.0
Payments on long-term debt (5.0) (5.0)
Payments of Debt Issuance Costs (0.9) 0.0
Cash dividends paid (16.4) (16.8)
Purchases of common stock for treasury 0.0 (81.3)
Payment, Tax Withholding, Share-based Payment Arrangement (5.7) (7.2)
Proceeds from the exercise of stock options 0.1 1.4
Contributions from noncontrolling interests 2.1 7.0
Net cash provided by (used in) financing activities (65.8) 163.1
Effect of foreign exchange rate changes (2.5) (6.3)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 44.6 (12.4)
Cash and cash equivalents at beginning of the year 135.5 161.7
Cash and cash equivalents at end of the quarter $ 180.1 $ 149.3