XML 60 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Mar. 01, 2014
Mar. 02, 2013
Cash Flows from Operating Activities:    
Net earnings (loss) $ (38.7) $ 44.8
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 32.3 28.1
Stock-based compensation 8.3 5.8
Excess tax benefits from stock-based compensation (0.9) 0
Pension and post-retirement expenses 116.4 28.1
Deferred taxes (46.4) (19.6)
Gain on sales of property and dealers (0.2) (0.9)
Restructuring and impairment expenses 5.1 1.2
Other, net 0.8 1.4
(Increase) decrease in current assets (20.4) 2.8
Increase (decrease) in current liabilities 3.0 (7.5)
Decrease in non-current liabilities (8.9) (6.9)
Net Cash Provided by Operating Activities 50.4 77.3
Cash Flows from Investing Activities:    
Proceeds from sales of property and dealers 0.2 1.1
Marketable securities purchases (4.6) (2.5)
Marketable securities sales 4.3 2.0
Acquisitions, net of cash received (6.7) (1.7)
Capital expenditures (32.0) (39.4)
Other, net (0.1) (0.4)
Net Cash Used in Investing Activities (38.9) (40.9)
Cash Flows from Financing Activities:    
Dividends paid (22.1) (11.8)
Proceeds from notes payable 0 2.4
Notes payable payments 0 (2.4)
Common stock issued 10.0 5.5
Common stock repurchased and retired (4.3) (3.5)
Excess tax benefits from stock-based compensation 0.9 0
Payment of contingent consideration obligation (1.3) 0
Other, net 0.2 0
Net Cash Used in Financing Activities (16.6) (9.8)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (0.5) (0.7)
Net Increase (Decrease) in Cash and Cash Equivalents (5.6) 25.9
Cash and Cash Equivalents, Beginning of Period 82.7 172.2
Cash and Cash Equivalents, End of Period $ 77.1 $ 198.1