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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
OPERATING ACTIVITIES    
Net income (loss) $ 39.2 $ 154.8
Reconciliation to net cash provided by (used for) operating activities:    
Depreciation and amortization 77.1 75.3
Equity in earnings of unconsolidated affiliate (5.9) (13.9)
Dividends received from unconsolidated affiliate 10.0 0.0
Costs related to legacy matters 36.1 52.1
Cash paid for legacy matters 17.1 13.8
Provision for (benefit from) income taxes (8.1) 57.0
Cash paid for income taxes (35.6) (39.6)
Income tax refunds received 7.6 7.1
Loss on early extinguishment of debt 39.4 0.0
Payment for Debt Extinguishment or Debt Prepayment Cost (37.9) 0.0
Interest expense and related financing costs 57.3 58.2
Defined benefit pension expense 10.2 13.9
Cash paid under defined benefit pension arrangements (13.0) (12.3)
Net (gain) loss on sales of investments and disposals of assets 21.8 2.2
Changes in assets and liabilities, excluding effect of currency translation and acquisitions:    
Trade accounts receivable 74.6 11.6
Inventories 56.3 (58.0)
Accounts payable (34.3) 13.6
All other items, net 0.8 18.4
Net cash provided by (used for) operating activities 259.1 268.4
INVESTING ACTIVITIES    
Cash paid for capital expenditures (123.8) (142.6)
Business acquired, net of cash acquired (2.0) (22.8)
Other investing activities, net (27.9) (4.4)
Net cash provided by (used for) investing activities (153.7) (169.8)
FINANCING ACTIVITIES    
Borrowings under credit arrangements 12.2 10.3
Repayments of Debt and Lease Obligation 31.3 17.5
Proceeds from Issuance of Unsecured Debt 750.0 0.0
Repayment of notes (700.0) 0.0
Cash paid for debt financing costs (7.9) 0.0
Cash paid for repurchases of common stock (40.4) (29.8)
Proceeds from exercise of stock options 0.0 19.1
Dividends paid to shareholders (60.2) (54.6)
Other financing activities, net (4.2) (4.9)
Net cash provided by (used for) financing activities (119.7) (77.4)
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash 0.3 (3.3)
Net increase (decrease) in cash, cash equivalents, and restricted cash (14.0) 17.9
Cash, cash equivalents, and restricted cash, beginning of period 282.9 201.0
Cash, cash equivalents, and restricted cash, end of period 268.9 218.9
Supplemental disclosure of cash flow information    
Interest Paid, Excluding Capitalized Interest, Operating Activities 46.1 39.1
Capital expenditures in accounts payable 23.2 39.4
Expenditures for other investing activities included in accounts payable $ 0.8 $ 16.2