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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 17 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 12.9 $ 69.3  
Adjustments to reconcile net income to net cash used in operating activities:      
Loss on sale of business 0.0 8.5  
Insurance recoveries received for property damage incurred from natural disaster 1.6 (6.9)  
Income from equity method investments (2.9) (2.6)  
Restructuring charges, net of cash paid 0.1 0.3  
Provision for bad debts 1.2 1.6  
Unrealized losses (gains) on derivative contracts 1.5 (0.6)  
Stock-based compensation expense 3.7 5.2  
Depreciation and amortization 19.0 18.2  
Deferred income taxes 8.8 15.5  
Pension expense 2.7 2.0  
Pension contributions (0.6) (2.5)  
Other items, net 0.2 0.2  
Changes in assets and liabilities, net of effects of divestitures:      
Accounts and notes receivable (18.7) (62.7)  
Inventories (71.0) (120.9)  
Other current assets (0.7) 4.5  
Accounts payable (8.7) (1.7)  
Accrued expenses (33.0) (35.0)  
Income taxes payable / receivable (17.3) (34.1)  
Leases, net 0.1 0.5  
Other, net 3.9 0.2  
Net cash used in operating activities (98.8) (141.0)  
Cash flows from investing activities:      
Proceeds from the disposal of property, plant and equipment 0.1 0.3  
Purchases of property, plant and equipment (24.7) (37.2)  
Net proceeds from sale of business and related property 0.0 43.6  
Payments to Acquire Short-term Investments (1.1) 0.0  
Insurance recoveries received for property damage incurred from natural disaster 0.0 6.9  
Net cash used in investing activities (25.7) 13.6  
Cash flows from financing activities:      
Asset securitization payments (70.0) (43.5)  
Long-term debt borrowings 0.0 3.3  
Long-term debt payments (2.6) (31.7)  
Borrowings from credit facility 682.5 844.5  
Payments on credit facility (342.5) (525.5)  
Proceeds from employee stock purchases 0.8 0.8  
Repurchases of common stock (100.0) (100.0)  
Repurchases of common stock to satisfy employee withholding tax obligations (5.5) (13.5)  
Cash dividends paid (29.7) (25.5)  
Net cash provided by financing activities 133.0 108.9  
Increase (decrease) in cash and cash equivalents 8.5 (18.5)  
Effect of exchange rates on cash and cash equivalents (6.7) 3.9  
Cash and cash equivalents, beginning of period 37.3 46.3  
Cash and cash equivalents, end of period 39.1 31.7 $ 37.3
Supplemental disclosures of cash flow information:      
Interest paid 6.8 8.4  
Income taxes paid (net of refunds) 21.3 32.0  
Insurance recoveries received 0.0 76.0 $ 367.5
Retained Earnings [Member]      
Cash flows from operating activities:      
Net income 12.9 $ 69.3  
Adjustments to reconcile net income to net cash used in operating activities:      
Insurance recoveries received for property damage incurred from natural disaster $ 0.0