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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities:      
Net income (loss) $ (365.9) $ 9.6 $ 161.6
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 189.9 176.8 189.9
Deferred taxes (118.0) 31.7 70.1
Impairment of goodwill 126.6 0.0 0.0
Non-cash restructuring charges 54.5 0.0 72.7
Gain on sale of business 0.0 0.0 (428.3)
Change in operating assets and liabilities:      
Retirement benefits 14.3 3.1 70.6
Accounts receivable 203.3 (70.3) 41.1
Inventories 201.2 (143.7) 146.6
Accounts payable (211.3) 82.1 (7.8)
Accrued income taxes 55.8 (37.5) (25.5)
Accrued liabilities and other (19.0) 4.1 77.4
Cash provided by operating activities 131.4 55.9 368.4
Investing Activities:      
Purchases of property, plant and equipment (144.5) (225.7) (612.7)
Proceeds from sale of business, net of transaction costs 0.0 0.0 600.9
Purchases of businesses, net of cash acquired (0.5) (92.9) 0.0
Asset disposals and other (0.1) 2.4 0.8
Cash flows provided by (used in) investing activities (145.1) (316.2) (11.0)
Financing Activities:      
Issuances of long-term debt 0.0 0.0 500.0
Payments on long-term debt and capital leases (23.6) (414.9) (17.1)
Net borrowings (repayments) under credit facilities 1.5 0.0 (14.4)
Debt issuance costs 0.0 (1.2) (5.2)
Dividends paid to shareholders (66.5) (77.1) (76.9)
Dividends paid to noncontrolling interests (16.0) 0.0 (18.0)
Shares repurchased for income tax withholding on share-based compensation (1.4) (3.9) (6.6)
Taxes on share-based compensation 0.0 0.0 2.6
Exercises of stock options and other 0.0 0.1 0.4
Cash provided by (used in) financing activities (106.0) (497.0) 364.8
Increase (decrease) in cash and cash equivalents (119.7) (757.3) 722.2
Cash and cash equivalents at beginning of year 269.5 1,026.8 304.6
Cash and cash equivalents at end of year $ 149.8 $ 269.5 $ 1,026.8