XML 25 R8.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
OPERATING ACTIVITIES      
Net earnings (loss) $ 51.5 $ (39.2) $ (189.1)
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 26.2 35.1 34.6
Deferred income taxes 21.4 (95.8) (105.7)
Stock-based compensation expense 19.1 15.2 33.4
Pension and SERP expense 0.2 0.7 9.3
Impairment of Intangible Assets (Excluding Goodwill) 9.3 185.3 428.7
Environmental and other related costs (13.3) (55.1) (23.0)
Gain (Loss) on Disposition of Intangible Assets 8.5 90.4 90.0
Other (8.4) (2.0) (2.7)
Changes in operating assets and liabilities:      
Accounts receivable 16.7 2.8 84.5
Inventories 127.1 286.5 (428.9)
Other operating assets (5.6) (16.8) (21.1)
Accounts payable (3.4) (65.6) 62.6
Income taxes (4.3) (2.3) 2.4
Other operating liabilities (47.9) (36.6) 26.1
Net cash provided by (used in) operating activities 180.1 121.8 (178.9)
INVESTING ACTIVITIES      
Additions to property, plant and equipment (20.2) (14.6) (36.5)
Investment in joint ventures 0.0 0.0 (2.8)
Proceeds from Sales of Assets, Investing Activities 102.4 188.9 90.0
Proceeds from Life Insurance Policy 7.9 0.0 0.0
Other (3.3) (2.7) 3.9
Net cash provided by investing activities 86.8 171.6 54.6
FINANCING ACTIVITIES      
Repayments of Lines of Credit 619.0 743.0 740.0
Proceeds from Lines of Credit 384.0 623.0 940.0
Cash Received From Borrowings Against Company Owned Life Insurance Policies 7.0 0.0 30.5
Payments on long-term debt (39.2) (118.3) (10.0)
Payments of debt issuance and debt extinguishment costs 0.0 (0.9) 0.0
Cash dividends paid (32.5) (32.6) (32.8)
Purchase of common stock for treasury 0.0 0.0 (81.3)
Payments Related to Tax Withholding for Share-based Compensation 2.6 5.8 7.7
Proceeds from the exercise of stock options 3.1 0.1 1.4
Contributions from noncontrolling interests 0.0 31.2 7.0
Net cash provided by (used in) financing activities (299.2) (246.3) 107.1
Effect of foreign exchange rate changes (0.2) 2.0 (9.0)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (32.5) 49.1 (26.2)
Cash and cash equivalents at beginning of the year 184.6 135.5 161.7
Cash and cash equivalents at end of the year 152.1 184.6 135.5
OTHER CASH FLOW INFORMATION      
Interest paid 44.1 63.5 43.0
Net income taxes paid 20.0 27.0 44.3
Noncash Investing and Financing Items [Abstract]      
Additions to property, plant and equipment not yet paid $ 1.3 0.3 $ 3.3
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents   $ 5.6