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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 186.6 $ 205.8 $ 171.8
Net loss from discontinued operations 0.6 2.3 8.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from equity method investments (13.4) (13.8) (12.2)
Dividends from affiliates 11.0 9.1 10.3
Restructuring expenses, net of cash paid 0.0 0.2 0.1
Goodwill impairment 5.5 0.0 0.0
Impairment of assets 44.5 0.0 0.0
Provision for bad debts 2.8 2.6 3.6
Unrealized losses on derivative contracts 0.8 0.3 0.3
Stock-based compensation expense 26.6 23.3 29.3
Depreciation and amortization 62.8 60.8 58.9
Deferred income taxes (21.3) 6.1 3.5
Pension costs in excess of (less than) contributions 6.7 (8.0) 1.7
Other items, net 1.0 0.1 4.5
Changes in assets and liabilities, net of effects of acquisitions and divestitures:      
Accounts and notes receivable (23.5) (32.6) (49.0)
Inventories 28.8 (96.7) (19.5)
Other current assets (1.6) (8.3) (16.3)
Accounts payable (2.9) 46.1 (10.9)
Accrued expenses 4.2 6.7 15.4
Income taxes payable and receivable 10.9 (15.9) 21.9
Other, net 1.7 (1.0) 4.4
Net cash used in discontinued operations (0.6) (2.3) (15.6)
Net cash provided by operating activities 331.2 184.8 210.3
Cash flows from investing activities:      
Proceeds from the disposal of property, plant and equipment 0.1 1.1 2.4
Purchases of property, plant and equipment (69.9) (88.4) (78.3)
Net proceeds from sale of businesses 0.0 0.0 8.6
Net cash used in investing activities (69.8) (87.3) (67.3)
Cash flows from financing activities:      
Short-term borrowings, net (1.7) 1.5 2.0
Asset securitization borrowings 40.0 100.0 330.0
Asset securitization payments (60.0) (40.0) (200.0)
Term loan borrowings from credit facility 0.0 300.0 0.0
Long-term debt payments (24.0) (2.3) (1.0)
Borrowings from credit facility 1,671.0 2,073.5 1,425.5
Payments on credit facility (1,807.5) (1,908.5) (1,543.5)
Payments of deferred financing costs 0.0 (2.2) 0.0
Additional investment in subsidiary 0.0 0.0 (0.5)
Proceeds from employee stock purchases 2.4 2.0 1.8
Repurchases of common stock 0.0 (550.3) (125.0)
Repurchases of common stock to satisfy employee withholding tax obligations (32.0) (22.4) (12.0)
Excess tax benefits related to share-based payments 22.4 11.8 6.5
Cash dividends paid (59.3) (52.6) (34.0)
Net cash used in financing activities (248.7) (89.5) (150.2)
Increase (decrease) in cash and cash equivalents 12.7 8.0 (7.2)
Effect of exchange rates on cash and cash equivalents (11.3) (8.5) (6.6)
Cash and cash equivalents, beginning of year 37.5 38.0 51.8
Cash and cash equivalents, end of year 38.9 37.5 38.0
Cash paid during the year for:      
Interest, net 23.7 17.6 15.7
Income taxes (net of refunds) $ 83.2 $ 105.3 $ 56.8