v3.25.2
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 27, 2025
Jun. 28, 2024
Cash flows from operating activities:    
Net earnings $ 179.8 $ 206.9
Non-cash items:    
Depreciation expense 25.7 22.5
Amortization of acquisition-related intangible assets 38.8 40.0
Stock-based compensation expense 16.1 17.4
Gain on sale of business 0.0 (37.2)
Change in deferred income taxes (9.7) (9.2)
Other non-cash items 11.6 4.1
Change in accounts receivable and long-term financing receivables, net 17.5 (15.5)
Change in other operating assets and liabilities (69.4) (91.4)
Net cash provided by operating activities 210.4 137.6
Cash flows from investing activities:    
Cash paid for acquisitions 10.3 0.0
Proceeds from sale of business, net of cash provided 0.0 68.4
Payments for additions to property, plant and equipment (34.4) (44.0)
Proceeds from sale of property, plant and equipment 0.1 1.0
Cash paid for equity investments (0.1) (1.5)
Net cash (used in) provided by investing activities (44.7) 23.9
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 83.3 0.0
Repayment of long-term debt (133.3) (100.0)
Net repayments of short-term borrowings (1.4) (1.1)
Payments for debt issuance costs (2.3) 0.0
Payments of common stock cash dividend (7.4) (7.7)
Purchases of treasury stock (105.1) (59.7)
Proceeds from stock option exercises 3.1 13.7
Other financing activities (11.5) (12.7)
Net cash used in financing activities (174.6) (167.5)
Effect of exchange rate changes on cash and cash equivalents 16.7 (3.6)
Net change in cash and cash equivalents 7.8 (9.6)
Beginning balance of cash and cash equivalents 356.4 340.9
Ending balance of cash and cash equivalents $ 364.2 $ 331.3