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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 230.7 $ 151.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 112.9 116.7
Asset impairment charges 5.5 0.0
Deferred income taxes (92.0) (10.3)
Provision for bad debts 1.6 2.3
Provision for pension and other post-employment benefits 6.1 10.2
Share-based compensation 12.0 8.1
Loss on early extinguishment of debt 3.1 88.8
Other 25.6 10.5
Change in operating assets and liabilities, net of effects from purchase of acquired companies:    
Trade receivables (45.7) (130.7)
Inventories 35.1 48.6
Prepaid expenses and other current assets 19.6 (3.3)
Accounts payable 64.7 (29.0)
Accrued expenses and other current liabilities 122.7 126.3
Tax accruals (29.2) (40.4)
Other noncurrent assets 6.5 3.7
Other noncurrent liabilities 37.9 1.9
Net cash provided by operating activities 517.1 355.0
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (78.4) (103.1)
Payment for actual and anticipated business combinations, net of cash acquired (447.3) (0.6)
Proceeds from sale of asset 0.1 14.2
Payments related to loss on foreign currency contracts (18.1) 0.0
Net cash used in investing activities (543.7) (89.5)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from short-term debt, original maturity more than three months 12.9 625.6
Repayments of short-term debt, original maturity more than three months (14.4) (25.2)
Net (payments) proceeds from short-term debt, original maturity less than three months (15.9) 14.6
Proceeds from revolving loan facilities 1,035.0 495.0
Repayments of revolving loan facilities (490.0) (494.5)
Proceeds from term loans 2,979.6 0.0
Repayments of term loans (2,475.0) 0.0
Proceeds from issuance of long-term debt 0.0 0.9
Repayment of Senior Notes 0.0 (584.6)
Dividend payment (89.0) (71.0)
Net proceeds from issuance of Class A Common Stock and related tax benefits 20.1 22.4
Net proceeds from issuance of Class A Common Stock to former CEO 0.0 12.5
Purchase of Class A Common Stock from former CEO 0.0 (42.0)
Payments for purchases of Class A Common Stock held as Treasury Stock (727.9) (149.2)
Net proceeds from foreign currency contracts 31.0 6.8
Payment for business combinations – contingent consideration 0.0 (0.8)
Proceeds from noncontrolling interests 0.0 1.8
Distributions to noncontrolling interests (10.7) 0.0
Purchase of additional noncontrolling interests 0.0 (14.9)
Distributions to redeemable noncontrolling interests (8.1) (3.2)
Payment of deferred financing fees (53.7) (5.0)
Net cash provided by (used in) financing activities 193.9 (210.8)
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS (25.9) (89.5)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 141.4 (34.8)
CASH AND CASH EQUIVALENTS—Beginning of period 341.3 1,238.0
CASH AND CASH EQUIVALENTS—End of period 482.7 1,203.2
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Cash paid during the period for interest 29.9 32.8
Cash paid during the period for income taxes, net of refunds received 59.6 70.0
SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING AND INVESTING ACTIVITIES:    
Accrued capital expenditure additions 31.5 27.6
Non-cash capital contribution associated with special share purchase transaction $ 13.8 $ 0.0