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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net income $ 107.1 $ 120.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 81.3 80.1
Excess tax benefit from share-based payment arrangements (4.3) (0.5)
Share-based compensation 9.4 9.5
Deferred income taxes 8.3 (0.9)
Income of unconsolidated affiliated company (0.9) (0.9)
Non-cash impairment charge of discontinued operations 0.0 3.2
(Gain) loss on sale of property and equipment 1.7 (3.6)
Changes in working capital, excluding effect of acquisitions, divestitures and currency (62.1) 10.1
Changes in other assets and liabilities 12.5 1.5
Net cash provided by operating activities 153.0 218.5
Cash flows from investing activities    
Additions to property and equipment (77.9) (96.3)
Business acquisitions and adjustments, net of cash acquired (107.3) 0.0
Proceeds from sale of property and equipment 0.2 7.4
Proceeds from divestitures 0.0 13.6
Net cash used in investing activities (185.0) (75.3)
Cash flows from financing activities    
Proceeds from issuance of long-term debt 0.2 2.0
Repayment of long-term debt (23.7) 0.0
Net (repayment) borrowing of commercial paper 174.2 43.5
Net (repayment) borrowing of short-term debt (3.7) (0.5)
Cash dividends paid to shareholders (59.6) (55.2)
Common stock purchased for the treasury (44.3) (83.4)
Deferred payments for business acquisitions 0.0 (4.4)
Excess tax benefit from share-based payment arrangements 4.3 0.5
Stock incentive programs and related tax withholdings (14.6) (2.7)
Net cash used in financing activities 32.8 (100.2)
Effect of exchange rates on cash and cash equivalents 1.8 (2.3)
Net increase (decrease) in cash and cash equivalents 2.6 40.7
Cash and cash equivalents balance at beginning of year 59.2 47.1
Cash and cash equivalents balance at end of period $ 61.8 $ 87.8