Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Cash flows from operating activities    
Net earnings $ 145.6 $ 130.2
Less: net loss from discontinued operations, net of tax 0 (4.0)
Net earnings from continuing operations 145.6 134.2
Depreciation and amortization 45.3 43.1
Pension funding, net of expense (11.5) (3.0)
Loss (gain) on sale of property, plant and equipment, net 0.2 (5.5)
Other long-lived asset impairment charges (gains) (0.6) 2.3
Deferred income taxes 53.8 3.4
Excess tax benefit from share-based compensation (3.9) (11.3)
Loss on early extinguishment of debt 0 32.4
Changes in certain current assets and current liabilities, excluding acquisitions (171.8) (104.8)
Income taxes 11.7 13.5
Other, net 8.2 2.7
Net cash provided by operating activities of continuing operations 77.0 107.0
Net cash used for operating activities of discontinued operations 0 (25.9)
Net cash provided by operating activities 77.0 81.1
Cash flows from investing activities    
Capital expenditures (52.9) (61.3)
Purchases of marketable securities 0 1.9
Sales or maturities of marketable securities 11.9 143.1
Transfers to restricted cash (12.1) 0
Investments (2.7) (0.8)
Acquisition of business, net of cash acquired (29.1) 0
Proceeds from the sale of property, plant and equipment 3.2 7.0
Other, net 0 (0.9)
Net cash (used for) provided by investing activities of continuing operations (81.7) 87.0
Net cash (used for) provided by investing activities of discontinued operations 0 0
Net cash (used for) provided by investing activities (81.7) 87.0
Cash flows from financing activities    
Net payments of short-term debt 0 (0.9)
Net proceeds from issuances of long-term debt 0 146.6
Payments of long-term debt including current maturities (0.6) (252.1)
Net premium paid on early extinguishment of debt 0 (24.3)
Cash dividends paid (18.6) 0
Excess tax benefit from share-based compensation 3.9 11.3
Proceeds from stock compensation activity, net of withholdings (0.1) (5.5)
Other, net (2.2) 0
Net cash used for financing activities of continuing operations (17.6) (124.9)
Net cash used for financing activities of discontinued operations 0 0
Net cash used for financing activities (17.6) (124.9)
Net (decrease) increase in cash and cash equivalents (22.3) 43.2
Cash and cash equivalents at beginning of period 356.5 284.3
Cash and cash equivalents at end of period $ 334.2 $ 327.5