v3.22.2.2
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Oct. 01, 2021
Cash flows from operating activities:    
Net earnings from continuing operations $ 528.0 $ 446.3
Noncash items:    
Amortization 287.4 235.4
Depreciation 61.6 56.1
Stock-based compensation expense 67.9 55.2
Russia exit and wind down costs 9.2 0.0
Loss on extinguishment of debt 0.0 104.2
Gain on investment in Vontier Corporation 0.0 (57.0)
Gain on litigation resolution 0.0 (26.0)
Change in trade accounts receivable, net (21.4) (20.4)
Change in inventories (73.2) (46.1)
Change in trade accounts payable 46.6 14.8
Change in prepaid expenses and other assets (55.4) (61.5)
Change in accrued expenses and other liabilities (11.7) 4.9
Total operating cash provided by continuing operations 839.0 705.9
Total operating cash used in discontinued operations 0.0 (19.4)
Net cash provided by operating activities 839.0 686.5
Cash flows from investing activities:    
Cash paid for acquisitions, net of cash received (15.2) (1,156.7)
Payments for additions to property, plant and equipment (59.7) (28.0)
Proceeds from sale of business 6.6 0.0
All other investing activities 0.0 1.1
Net cash used in investing activities (68.3) (1,183.6)
Cash flows from financing activities:    
Proceeds from borrowings (maturities greater than 90 days), net of issuance costs 396.9 0.0
Net proceeds from commercial paper borrowings 381.3 215.0
Payment of 0.875% convertible senior notes due 2022 (1,156.5) 0.0
Repurchase of common shares (376.1) 0.0
Payment of common stock cash dividend to shareholders (74.8) (72.6)
Repayment of borrowings (maturities greater than 90 days) 0.0 (611.1)
Payment of mandatory convertible preferred stock cash dividend to shareholders 0.0 (34.5)
All other financing activities (9.2) 18.1
Net cash used in financing activities (838.4) (485.1)
Effect of exchange rate changes on cash and equivalents (46.3) (4.2)
Net change in cash and equivalents (114.0) (986.4)
Beginning balance of cash and equivalents 819.3 1,824.8
Ending balance of cash and equivalents $ 705.3 $ 838.4