Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.22.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Cash Flows from Operating Activities    
Net Earnings (Loss) $ 174,200,000 $ 169,300,000
Less: Net loss from Discontinued Operations, Net of Tax 200,000 (100,000)
Net Earnings from Continuing Operations, net of tax 174,000,000.0 169,400,000
Stock Compensation Expense 4,400,000 6,100,000
Depreciation and Amortization 53,600,000 41,600,000
Pension Expense, Net of (Funding) (200,000) (800,000)
Deferred Income Taxes 4,500,000 7,900,000
Changes in Certain Current Assets and Current Liabilities (394,500,000) (236,200,000)
Long-Term Extended Warranty Contracts and Other Deferred Revenue 2,400,000 2,400,000
Income Taxes 16,200,000 29,600,000
Other, net (1,300,000) (2,700,000)
Net Cash used by Operating Activities of Continuing Operations (140,900,000) 17,300,000
Net Cash Provided by (Used for) Operating Activities of Discontinued Operations (1,000,000.0) (9,000,000.0)
Net Cash used for Operating Activities (141,900,000) 8,300,000
Payments for (Proceeds from) Investments [Abstract]    
Investments (4,200,000) (3,900,000)
Proceeds from Sale, Maturity and Collection of Investments [Abstract]    
Proceeds from Sale and Maturity of Marketable Securities 0 49,400,000
Capital Expenditures (100,900,000) (42,900,000)
Payments to Acquire Marketable Securities (6,000,000.0) 0
Payments to Acquire Businesses and Interest in Affiliates 0 (5,300,000)
Proceeds from the Sale of Property, Plant and Equipment 2,200,000 4,200,000
Net Cash Used for Investing Activities (92,200,000) 1,500,000
Cash Flows from Financing Activities    
Proceeds From Issuances of Short-Term Debt 125,000,000.0 0
Payments of Short-Term Debt (125,000,000.0) 0
Net Proceeds from Issuances of Long-Term Debt 741,800,000 1,900,000
Payments of Long-Term Debt Including Current Maturities (57,100,000) (9,200,000)
Common Stock Repurchases (79,800,000) (15,900,000)
Cash Dividends Paid (28,000,000.0) (21,000,000.0)
Proceeds from Share-Based Compensation Activity 0 500,000
Tax Withholding Associated with Shares Issued for Share-Based Compensation (15,800,000) (12,700,000)
Other, net (2,000,000.0) (100,000)
Net Cash Provided by Financing Activities 559,100,000 (56,500,000)
Effect of Exchange Rate Changes 600,000 (2,000,000.0)
Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash 325,600,000 (48,700,000)
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 366,700,000 530,300,000
Cash and Cash Equivalents and Restricted Cash at End of Period 692,300,000 481,600,000
Less: Restricted Cash 12,200,000 9,700,000
Cash and Cash Equivalents at End of Period 680,100,000 471,900,000
Payments for (Proceeds from) Other Investing Activities $ (16,700,000) $ 0