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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 24.9 $ 13.9
Net loss from discontinued operations 0.0 0.1
Adjustments to reconcile net income to net cash used in operating activities:    
Income from equity method investments (4.6) (3.3)
Restructuring expenses, net of cash paid (0.5) (0.1)
Provision for bad debts 1.3 0.9
Unrealized (gains) losses on derivative contracts (0.5) 0.2
Stock-based compensation expense 6.3 3.5
Depreciation and amortization 14.2 15.5
Deferred income taxes (0.5) (1.1)
Other items, net 0.1 0.1
Changes in assets and liabilities, net of effects of divestitures:    
Accounts and notes receivable (44.5) (40.1)
Inventories (95.5) (78.5)
Other current assets (6.2) 1.0
Accounts payable 67.9 29.6
Accrued expenses (28.0) (29.0)
Income taxes payable and receivable (49.4) (40.1)
Other 1.6 5.3
Net cash used in discontinued operations 0.0 (0.1)
Net cash used in operating activities (113.4) (122.2)
Cash flows from investing activities:    
Purchases of property, plant and equipment (23.8) (18.0)
Net cash used in investing activities (23.8) (18.0)
Cash flows from financing activities:    
Short-term borrowings, net (0.4) (0.2)
Asset securitization payments (20.0) (40.0)
Long-term debt payments (0.3) 0.0
Borrowings from credit facility 770.5 580.5
Payments on credit facility (392.0) (379.0)
Proceeds from employee stock purchases 0.6 0.6
Repurchases of common stock (200.0) 0.0
Repurchases of common stock to satisfy employee withholding tax obligations (16.8) (20.5)
Excess tax benefits related to share-based payments 11.8 16.0
Cash dividends paid (16.1) (13.4)
Net cash provided by financing activities 137.3 144.0
Increase in cash and cash equivalents 0.1 3.8
Effect of exchange rates on cash and cash equivalents 1.6 (4.6)
Cash and cash equivalents, beginning of period 38.9 37.5
Cash and cash equivalents, end of period 40.6 36.7
Supplemental disclosures of cash flow information:    
Interest paid 3.3 3.1
Income taxes paid (net of refunds) $ 51.2 $ 32.2