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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES      
Net income (loss) $ 47.1 $ 133.5 $ 78.5
(Loss) income from discontinued operations, net of income taxes 0.0 0.0 10.9
Income from continuing operations 47.1 133.5 89.4
Reconciliation to net cash provided by (used for) operating activities from continuing operations:      
Depreciation and amortization   82.6 73.8
Equity in earnings of unconsolidated affiliate (4.8) (17.9) (18.0)
Dividends received from unconsolidated affiliate   19.0 24.8
(Costs) benefit related to legacy product, environmental and other claims 8.5 25.5 24.2
Cash paid for legacy product, environmental and other claims   50.1 17.3
Provision for (benefit from) income taxes 11.6 49.2 62.1
Cash paid for income taxes   44.1 42.4
Income tax refunds received   30.2 2.3
Loss on early extinguishment of debt 0.0 0.0 11.1
Interest expense and related financing costs 20.1 59.7 61.6
Cash paid for interest   (40.1) (45.5)
Defined benefit pension expense   11.6 8.2
Cash paid under defined benefit pension arrangements   (12.2) (12.1)
Accounts receivable reserve-Venezuela 10.0 10.0 0.0
Restructuring Charges 5.3 10.1 18.2
Cash paid for restructuring   (10.9)  
Changes in assets and liabilities, excluding effect of currency translation and acquisitions:      
Trade accounts receivable   20.7 9.7
Inventories   (4.5) (5.8)
Accounts payable   3.0 11.0
All other items, net   (8.6) (29.5)
Net cash provided by (used for) operating activities from continuing operations   267.5 207.6
INVESTING ACTIVITIES      
Capital expenditures   (85.6) (89.4)
Business acquired   3.5 245.1
Proceeds from sale of assets   0.6 11.3
Other investing activities   (1.5) (1.4)
Net cash provided by (used for) investing activities from continuing operations   (90.0) (324.6)
FINANCING ACTIVITIES      
Borrowings under credit arrangements   106.3 20.6
Repayments under credit arrangements   (108.9) (614.9)
Cash paid for repurchases of common stock   65.0 55.1
Proceeds from exercise of stock options   14.8 13.3
Dividends paid   (43.0) (24.1)
Distribution from GCP   0.0 750.0
Other financing activities   (3.8) (2.4)
Net cash provided by (used for) financing activities from continuing operations   (99.6) 87.4
Effect of currency exchange rate changes on cash and cash equivalents   7.2 2.7
Increase (decrease) in cash and cash equivalents from continuing operations   85.1 (26.9)
Cash flows from discontinued operations      
Net cash provided by (used for) operating activities   0.0 23.9
Net cash provided by (used for) investing activities   0.0 (9.5)
Net cash provided by (used for) financing activities   0.0 31.4
Effect of currency exchange rate changes on cash and cash equivalents   0.0 (1.0)
Increase (decrease) in cash and cash equivalents from discontinued operations   0.0 44.8
Net increase (decrease) in cash and cash equivalents   85.1 17.9
Less: cash and cash equivalents of discontinued operations 0.0 0.0  
Cash and cash equivalents, beginning of period   90.6  
Cash and cash equivalents, end of period $ 175.7 175.7  
Supplemental Cash Flow Information [Abstract]      
Capital expenditures in accounts payable   20.2 15.2
Net share settled stock option exercises   1.2 10.4
Scenario, Previously Reported      
Cash flows from discontinued operations      
Cash and cash equivalents, beginning of period   $ 90.6 329.9
Cash and cash equivalents, end of period     $ 204.4