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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 69.3 $ 37.9
Adjustments to reconcile net income to net cash used in operating activities:    
Loss on sale of business 8.5 0.0
Loss(gain) from natural disaster, net of Insurance recoveries (6.9) 0.0
Income from equity method investments (2.6) (3.5)
Loss on assets held for sale 0.0 10.3
Restructuring charges, net of cash paid 0.3 0.6
Provision for bad debts 1.6 1.9
Unrealized losses (gains) on derivative contracts (0.6) (0.1)
Stock-based compensation expense 5.2 4.8
Depreciation and amortization 18.2 16.6
Deferred income taxes 15.5 (2.1)
Pension expense 2.0 2.1
Pension contributions (2.5) (0.7)
Other items, net 0.2 0.1
Changes in assets and liabilities, net of effects of divestitures:    
Accounts and notes receivable (62.7) (44.5)
Inventories (120.9) (124.3)
Other current assets 4.5 (0.7)
Accounts payable (1.7) 77.5
Accrued expenses (35.0) (35.2)
Income taxes payable and receivable (34.1) (22.3)
Other 0.7 (1.9)
Net cash used in operating activities (141.0) (83.5)
Cash flows from investing activities:    
Proceeds from Sale of Other Property, Plant, and Equipment 0.3  
Proceeds from the disposal of property, plant and equipment 0.3 0.1
Purchases of property, plant and equipment (37.2) (22.7)
Net proceeds from sale of business and related property 43.6 0.0
Insurance recoveries received for property damage incurred from natural disaster 6.9 0.0
Net cash used in investing activities 13.6 (22.6)
Cash flows from financing activities:    
Short-term borrowings, net 0.0 (0.1)
Asset securitization payments (43.5) (51.0)
Long-term debt payments (31.7) (10.2)
Long-term debt borrowings 3.3 0.0
Borrowings from credit facility 844.5 790.0
Payments on credit facility (525.5) (444.1)
Proceeds from employee stock purchases 0.8 0.8
Repurchases of common stock (100.0) (150.0)
Repurchases of common stock to satisfy employee withholding tax obligations (13.5) (18.1)
Cash dividends paid (25.5) (21.3)
Net cash provided by financing activities 108.9 96.0
Decrease in cash and cash equivalents (18.5) (10.1)
Effect of exchange rates on cash and cash equivalents 3.9 (1.0)
Cash and cash equivalents, beginning of period 46.3 68.2
Cash and cash equivalents, end of period 31.7 57.1
Supplemental disclosures of cash flow information:    
Interest paid 8.4 6.0
Income taxes paid (net of refunds) 32.0 32.7
Insurance Recoveries $ 76.0 $ 0.0