Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Cash Flows from Operating Activities    
Net Earnings (Loss) $ 348,700,000 $ 139,700,000
Less: Net loss from Discontinued Operations, Net of Tax (100,000) (2,200,000)
Net Earnings from Continuing Operations, net of tax 348,800,000 141,900,000
Stock Compensation Expense 14,800,000 8,800,000
Depreciation and Amortization 84,600,000 72,200,000
Pension Expense, Net of (Funding) (1,300,000) (2,500,000)
Gain (Loss) on Sale of Assets and Asset Impairment Charges 800,000 0
Deferred Income Taxes 12,300,000 15,600,000
Changes in Certain Current Assets and Current Liabilities (136,500,000) (38,600,000)
Long-Term Extended Warranty Contracts and Other Deferred Revenue 9,000,000.0 6,100,000
Income Taxes 10,000,000.0 7,000,000.0
Other, net 8,000,000.0 5,200,000
Net Cash used by Operating Activities of Continuing Operations 350,500,000 215,700,000
Net Cash Provided by (Used for) Operating Activities of Discontinued Operations (9,100,000) 900,000
Net Cash used for Operating Activities 341,400,000 216,600,000
Proceeds from Sale, Maturity and Collection of Investments [Abstract]    
Capital Expenditures (110,300,000) (90,700,000)
Proceeds from Sale and Maturity of Marketable Securities 55,900,000 0
Investments (9,100,000) (1,100,000)
Payments to Acquire Businesses and Interest in Affiliates (16,700,000) 0
Proceeds from the Sale of Property, Plant and Equipment 4,600,000 1,600,000
Net Cash Used for Investing Activities (75,600,000) (90,200,000)
Cash Flows from Financing Activities    
Proceeds From Issuances of Short-Term Debt 0 610,000,000.0
Payments of Short-Term Debt 0 (425,000,000.0)
Net Proceeds from Issuances of Long-Term Debt 1,900,000 0
Payments of Long-Term Debt Including Current Maturities (78,500,000) (9,400,000)
Common Stock Repurchases (55,900,000) (34,100,000)
Cash Dividends Paid (47,200,000) (38,200,000)
Proceeds from Share-Based Compensation Activity 500,000 600,000
Tax Withholding Associated with Shares Issued for Share-Based Compensation (12,800,000) (6,700,000)
Other, net (3,700,000) 0
Net Cash Provided by Financing Activities (195,700,000) 97,200,000
Effect of Exchange Rate Changes (500,000) (2,400,000)
Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash 69,600,000 221,200,000
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 530,300,000 331,900,000
Cash and Cash Equivalents and Restricted Cash at End of Period 599,900,000 553,100,000
Less: Restricted Cash 9,700,000 11,600,000
Cash and Cash Equivalents at End of Period $ 590,200,000 $ 541,500,000