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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
OPERATING ACTIVITIES              
Net income (loss) $ (9.6) $ 42.1 $ 76.4 $ 24.6 $ 32.5 $ 101.0  
Reconciliation to net cash provided by (used for) operating activities:              
Depreciation and amortization         50.9 49.8  
Equity in earnings of unconsolidated affiliate (3.4)   (6.0)   (4.6) (10.1)  
Costs related to legacy matters 2.8   1.5   5.5 48.4  
Cash paid for legacy matters         12.3 7.8  
Provision for (benefit from) income taxes 6.4   18.8   22.1 29.7  
Cash paid for income taxes         (24.4) (20.3)  
Income tax refunds received         7.3 7.1  
Interest expense and related financing costs 19.2   19.6   37.5 39.6  
Defined benefit pension expense         6.6 9.4  
Cash paid under defined benefit pension arrangements         (8.4) (8.0)  
Net (gain) loss on sales of investments and disposals of assets         20.9 1.2  
Changes in assets and liabilities, excluding effect of currency translation and acquisitions:              
Trade accounts receivable         84.7 (24.2)  
Inventories         41.7 (37.4)  
Accounts payable         (38.0) 13.1  
All other items, net         0.1 (7.0)  
Net cash provided by (used for) operating activities         184.6 144.9  
INVESTING ACTIVITIES              
Cash paid for capital expenditures         (95.0) (101.5)  
Business acquired, net of cash acquired         0.0 (22.8) $ (22.8)
Other investing activities, net         (24.2) (3.0)  
Net cash provided by (used for) investing activities         (119.2) (127.3)  
FINANCING ACTIVITIES              
Borrowings under credit arrangements         9.1 6.9  
Repayments of Debt and Lease Obligation         12.8 12.3  
Proceeds from Issuance of Unsecured Debt         750.0 0.0  
Cash paid for debt financing costs         (10.3) 0.0  
Cash paid for repurchases of common stock         (40.4) (29.8)  
Proceeds from exercise of stock options         0.0 18.0  
Dividends paid to shareholders         (40.4) (36.6)  
Other financing activities, net         (4.2) (4.9)  
Net cash provided by (used for) financing activities         651.0 (58.7)  
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash         (1.5) 0.0  
Net increase (decrease) in cash, cash equivalents, and restricted cash         714.9 (41.1)  
Cash, cash equivalents, and restricted cash, beginning of period   $ 282.9   $ 201.0 282.9 201.0 201.0
Cash, cash equivalents, and restricted cash, end of period $ 997.8   $ 159.9   997.8 159.9 $ 282.9
Supplemental disclosure of cash flow information              
Interest Paid, Excluding Capitalized Interest, Operating Activities         32.6 34.8  
Capital expenditures in accounts payable         18.5 34.8  
Expenditures for other investing activities included in accounts payable         $ 3.7 $ 24.5