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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net income $ 235.6 $ 143.0 $ 94.5
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 198.4 199.9 177.0
Deferred income taxes 26.4 (9.2) (18.7)
Stock-based compensation 15.9 9.7 10.8
Pensions and other postretirement benefits, net of contributions (25.6) 31.8 6.5
Loss (gain) on disposal of property, plant and equipment, net 4.2 (2.6) (3.5)
Debt refinancing and redemption costs 0.8 0.0 9.2
Changes in operating assets and liabilities      
Accounts receivable (17.9) (78.3) (0.3)
Inventories 11.2 10.9 (42.5)
Accounts payable and accrued expenses (2.1) 13.7 66.3
Deferred revenue (26.8) 24.5 (5.6)
Other assets and liabilities (42.5) (25.0) (70.7)
Net cash provided by operating activities 377.6 318.4 223.0
Investing activities      
Purchases of property, plant and equipment (193.5) (206.5) (251.9)
Proceeds from sale of property, plant and equipment 0.3 9.1 9.1
Proceeds from sale-leaseback of equipment 0.0 0.0 24.1
Proceeds from government grants 5.1 2.1 0.0
Net cash used in investing activities (188.1) (195.3) (218.7)
Financing activities      
Net short-term repayments under credit facilities 0.0 0.0 (29.9)
Proceeds from issuance of long-term debt and other 16.8 5.0 786.7
Payments of long-term debt, capital lease obligations and other (157.0) (27.0) (652.0)
Debt issuance costs 0.0 (0.3) (16.7)
Purchase of noncontrolling interest (1.1) 0.0 0.0
Employee stock option exercises 0.8 1.2 1.1
Purchase of treasury stock (3.1) (0.3) (0.4)
Net cash provided by (used in) financing activities (143.6) (21.4) 88.8
Effect of exchange rate changes on cash (12.6) (6.5) (1.5)
Net increase in cash and cash equivalents 33.3 95.2 91.6
Cash and cash equivalents at beginning of year 249.2 154.0 62.4
Cash and cash equivalents at end of year 282.5 249.2 154.0
Supplemental cash flow information      
Interest paid 93.8 91.1 123.2
Income taxes paid, net $ 11.3 $ 11.3 $ 11.6