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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Apr. 03, 2022
Apr. 04, 2021
Operating Activities:    
Consolidated net income $ 44.9 $ 41.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 24.2 24.1
Reduction of right of use asset 3.1 3.1
Other non-cash items 5.9 4.1
Net changes in operating assets and liabilities (77.8) (21.4)
Net cash provided by operating activities 0.3 50.9
Investing Activities:    
Purchases of property, plant and equipment, net (19.0) (17.7)
Proceeds from sale of short-term investments 1.9 1.6
Purchases of short-term investments (1.2) (2.5)
Other investing activities 1.2 0.0
Net cash used in investing activities (17.1) (18.6)
Financing Activities:    
Repayment of long-term debt (0.3) (0.5)
Proceeds from issuance of short-term debt 30.0 0.0
Purchase of common stock for treasury (16.7) (20.0)
Proceeds from issuance of stock under option plan 0.9 5.8
Excess tax benefits related to stock incentive programs (3.3) (2.8)
Dividends paid to non-controlling interests (0.1) (0.1)
Cash dividends paid (1.6) (1.7)
Net cash provided by (used in) financing activities 8.9 (19.3)
Effect of exchange rate changes on cash and cash equivalents (3.6) (9.3)
Net increase (decrease) in cash and cash equivalents (11.5) 3.7
Cash and cash equivalents at beginning of period 299.5 [1] 367.7
Cash and cash equivalents at end of period 288.0 371.4
Supplemental disclosure of cash flow information:    
Interest paid 14.6 14.0
Income taxes paid 8.9 8.5
Non-cash financing activities:    
Treasury stock purchases settled after period end $ 0.0 $ 0.7
[1] Condensed from audited financial statements