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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net income $ 120.0 $ 115.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 80.1 94.8
Excess tax benefit from share-based payment arrangements (0.5) (0.6)
Share-based compensation 9.5 7.9
Deferred income taxes (0.9) (14.2)
Income of unconsolidated affiliated company (0.9) (0.6)
Non-cash impairment charge of discontinued operations 3.2 0.0
(Gain) loss on sale of property and equipment (3.6) (0.4)
Gain on divestitures 0.0 (9.4)
Changes in working capital, excluding effect of divestitures and currency 10.1 (116.6)
Changes in other assets and liabilities 1.5 (5.5)
Net cash provided by operating activities 218.5 70.4
Cash flows from investing activities    
Additions to property and equipment (96.3) (69.3)
Proceeds from sale of property and equipment 7.4 7.8
Proceeds from divestitures 13.6 79.8
Net cash (used in) provided by investing activities (75.3) 18.3
Cash flows from financing activities    
Proceeds from issuance of long-term debt 2.0 0.0
Repayment of long-term debt 0.0 (0.2)
Net borrowing of commercial paper 43.5 32.5
Net (repayment) borrowing of short-term debt (0.5) 5.3
Cash dividends paid to shareholders (55.2) (54.6)
Common stock purchased for the treasury (83.4) (84.1)
Deferred payments for business acquisitions (4.4) (6.6)
Excess tax benefit from share-based payment arrangements 0.5 0.6
Stock incentive programs and related tax withholdings (2.7) (1.5)
Net cash used in financing activities (100.2) (108.6)
Effect of exchange rates on cash and cash equivalents (2.3) 5.4
Net increase (decrease) in cash and cash equivalents 40.7 (14.5)
Cash and cash equivalents balance at beginning of year 47.1 141.7
Cash and cash equivalents balance at end of period $ 87.8 127.2
Paper [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on divestitures   (9.4)
Cash flows from investing activities    
Proceeds from divestitures   $ 79.8