XML 52 R7.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Operating activities    
Net income $ 5.5 $ 33.5
Adjustments to reconcile net income to net cash (used for) / provided by operating activities    
Equity income of unconsolidated affiliates (0.7) (0.1)
Depreciation 10.4 13.6
Amortization of purchased intangible assets 0.9 0.9
Loss on disposal of property, plant and equipment 0.0 0.2
Amortization of debt issuance costs 0.3 0.4
Share-based compensation charges 4.0 3.1
Deferred income taxes 1.5 9.9
Gain on disposal of business (2.9) 0.0
Asset impairment charges 4.8 0.0
Pension and other post-retirement expense / (credit) 2.2 0.6
Defined benefit pension contributions 5.7 6.1
Defined contribution pension and other post-retirement contributions (3.5) (3.9)
Changes in assets and liabilities, net of effects of business acquisitions    
Accounts and notes receivable (7.2) (5.3)
Inventories (3.8) (15.6)
Other current assets (1.9) 1.2
Accounts payable (4.8) 7.7
Accrued liabilities (8.2) 7.6
Other current liabilities (2.2) (2.7)
Other non-current assets and liabilities (2.3) (5.1)
Net cash (used for) / provided by operating activities (13.6) 39.9
Investing activities    
Capital expenditures (10.3) (8.2)
Proceeds from sale of property, plant and equipment 1.2 0.0
Proceeds from sale of businesses 4.6 0.0
Investments in unconsolidated affiliates 0.0 0.8
Acquisitions, net of cash acquired 0.0 (0.5)
Net cash used for investing activities (4.5) (7.9)
Financing activities    
Net repayments of short-term borrowings (3.5) (19.2)
Net drawdown / (repayment) of long-term borrowings 31.7 (6.1)
Deferred consideration paid (0.5) 0.0
Proceeds from sale of shares 3.3 6.3
Share-based compensation cash paid (4.3) (7.0)
Dividends paid (10.2) (10.0)
Net cash from / (used for) financing activities 16.5 (36.0)
Effect of exchange rate changes on cash and cash equivalents (0.4) (0.4)
Net decrease (2.0) (4.4)
Cash, cash equivalents and restricted cash; beginning of year 14.1 13.3
Cash, cash equivalents and restricted cash; end of the Third Quarter 12.1 8.9
Supplemental cash flow information:    
Interest payments 3.5 3.8
Income tax payments $ 6.6 $ 2.8