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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net income $ 144.7 $ 78.4 $ 242.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 98.1 100.8 97.1
Accelerated depreciation and fixed asset charges associated with restructuring activities 17.6 33.0 13.6
Deferred income tax (benefit) expense (27.4) (45.2) 12.9
Debt extinguishment costs 16.4 0.0 15.8
Share-based compensation expense 9.1 14.2 16.5
Gain on sale of business 0.0 (1.2) (223.7)
Income related to previously owned equity affiliates 0.0 0.0 (26.9)
Changes in assets and liabilities, net of the effect of acquisitions and divestitures:      
Decrease in accounts receivable 42.6 24.4 26.9
Decrease in inventories 21.4 28.4 20.4
Decrease in accounts payable (8.3) (15.2) (16.6)
(Decrease) increase in pension and other post-retirement benefits (24.6) 30.0 (124.5)
(Decrease) increase in accrued expenses and other assets and liabilities - net (62.4) (39.2) 54.8
Net cash provided by operating activities 227.2 208.4 109.0
Investing activities      
Capital expenditures (91.2) (92.8) (76.4)
Business acquisitions, net of cash acquired (18.3) (47.2) (259.4)
Proceeds from sale of businesses and other assets 3.0 28.2 275.7
Net cash used by investing activities (106.5) (111.8) (60.1)
Financing activities      
Repayment of long-term debt (365.3) (8.0) (343.3)
Payments of Debt Extinguishment Costs (13.4) 0.0 (4.6)
Net proceeds from long-term debt 547.3 0.0 600.0
Debt financing costs (6.0) 0.0 (13.0)
Borrowing under credit facilities 891.3 168.6 129.0
Repayment under credit facilities (936.8) (122.8) (117.5)
Purchase of common shares for treasury (156.1) (233.2) (131.6)
Exercise of stock awards 4.3 6.9 7.3
Cash dividends paid (35.7) (29.9) (21.5)
Net cash (used) provided by financing activities (70.4) (218.4) 104.8
Effect of exchange rate changes on cash (9.1) (4.8) 1.5
Increase (decrease) in cash and cash equivalents 41.2 (126.6) 155.2
Cash and cash equivalents at beginning of year 238.6 365.2 210.0
Cash and cash equivalents at end of year $ 279.8 $ 238.6 $ 365.2