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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING ACTIVITIES      
Net income (loss) $ 257.7 $ 41.0 $ 219.1
Reconciliation to net cash provided by operating activities:      
Depreciation and amortization 123.1 119.0 120.0
Equity in earnings of unconsolidated affiliate (22.9) (18.5) (15.2)
Chapter 11 expenses, net of interest income 15.3 16.6 20.0
Chapter 11 expenses paid (15.0) (15.5) (20.6)
Provision for asbestos-related contingencies 21.9 384.6 0
(Benefit from) provision for income taxes 102.9 (61.6) 87.9
Income taxes paid, net of refunds (60.4) (82.6) (44.7)
Tax benefits from stcok-based compensation 35.4 (36.8) 0
Interest accrued on pre-petition liabilities subject to compromise 38.1 40.4 39.0
Default interest settlement on prepetition debt 129.0 0 0
Defined Benefit Pension Expense (23.2) 149.6 139.9
Payments under defined benefit pension arrangements (68.3) (126.8) (265.1)
Expenditures for environmental remediation (14.0) (13.0) (11.8)
Changes in assets and liabilities, excluding effect of currency translation:      
Trade accounts receivable 13.5 (3.0) (80.6)
Inventories 8.6 53.2 (67.9)
Accounts payable 4.2 (11.7) 52.6
All other items, net (30.0) 18.7 46.8
Net cash provided by operating activities 515.9 453.6 219.4
INVESTING ACTIVITIES      
Capital expenditures (156.2) (138.5) (144.0)
Businesses acquired, net of cash acquired (526.2) (80.0) (55.8)
Transfer to restricted cash and cash equivalents (197.8) (61.1) (38.8)
Proceeds from sales of product lines 1.8 0 10.0
Other investing activities (2.3) (0.7) 7.7
Net cash used for nvesting activities (880.7) (280.3) (220.9)
FINANCING ACTIVITIES      
Proceeds from Issuance of Debt 49.8 60.7 40.9
Repayments of Debt (64.5) (24.8) (19.3)
Proceeds from Stock Options Exercised 34.4 32.2 12.1
Tax benefits from stock-based compensation (35.4) 36.8 0
Proceeds from (Payments for) Other Financing Activities 7.3 5.4 6.0
Net cash provided by financing activities (8.4) 110.3 39.7
Effect of currency exchange rate changes on cash and cash equivalents 1.1 5.0 (5.6)
Increase in cash and cash equivalents (372.1) 288.6 32.6
Cash and cash equivalents, beginning of period 1,336.9 1,048.3 1,015.7
Cash and cash equivalents, end of period $ 964.8 $ 1,336.9 $ 1,048.3