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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Net Cash Flows From (To) Operating Activities:    
Net income (loss) $ (11.3) $ 44.5
Non-cash items included in net income (loss):    
Depreciation and amortization 42.7 42.4
Other post-retirement and post-employment benefits 0.5 0.7
Stock-based compensation 7.6 8.5
Deferred income taxes (9.5) (13.4)
Other – net 2.3 0.6
Net increase (decrease) in cash from operating assets and liabilities 4.8 (105.0)
Increase (decrease) in other liabilities 2.7 (3.5)
Net cash flows from (to) operating activities 39.8 (25.2)
Net Cash Flows From (To) Investing Activities:    
Capital expenditures (37.7) (27.9)
Capitalized software (3.4) (5.3)
Acquisition spending, net of cash acquired (369.8) (9.3)
Purchase of investments (3.1) (1.8)
Sales or maturities of investments 3.0 1.5
Other – net 0.2 0.0
Net cash flows from (to) investing activities (410.8) (42.8)
Net Cash Flows From (To) Financing Activities:    
Payments of debt (161.7) (159.3)
Proceeds from debt 572.3 291.8
Dividends paid (28.6) (26.7)
Purchase of HNI Corporation common stock 0.0 (65.2)
Proceeds from sales of HNI Corporation common stock 1.2 3.4
Other – net (5.9) (2.5)
Net cash flows from (to) financing activities 377.3 41.5
Net increase (decrease) in cash and cash equivalents including cash classified within current assets held for sale 6.3 (26.5)
Less: net increase in cash classified within current assets held for sale 0.0 6.2
Net increase (decrease) in cash and cash equivalents 6.3 (32.7)
Cash and cash equivalents at beginning of period 17.4 52.3
Cash and cash equivalents at end of period $ 23.8 $ 19.6