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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash provided (required) by operating activities:    
Net income $ 19.8 $ 148.1
Adjustments to reconcile net income to cash provided (required) by operating activities:    
Depreciation 45.4 42.2
Amortization 17.9 15.6
Employee benefit plan and stock-based compensation costs 23.7 26.6
Unrealized loss on derivative instruments 6.8 10.4
Deferred income tax provision (benefit), net (15.7) 17.0
Impairments 34.4 3.9
Other 14.1 6.0
Changes in operating assets and liabilities, net of effects of acquisitions:    
Receivables, net 146.9 254.8
Inventories, net 51.5 (23.3)
Accounts payable, trade (110.9) (78.5)
Advance payments and progress billings (53.3) (138.9)
Income taxes payable, net 5.2 (23.4)
Accrued pension and other post-retirement benefits, net (8.4) (13.9)
Other assets and liabilities, net (68.4) (71.0)
Cash provided by operating activities 109.0 175.6
Cash provided (required) by investing activities:    
Capital expenditures (35.3) (86.7)
Investment in joint ventures (9.2)  
Other 1.8 5.3
Cash required by investing activities (42.7) (81.4)
Cash provided (required) by financing activities:    
Net increase (decrease) in short-term debt 0.1 (0.3)
Net increase in commercial paper 84.1 9.0
Repayments of long-term debt   (0.3)
Purchase of treasury stock (30.5) (30.8)
Payments related to taxes withheld on stock-based compensation (7.7) (7.6)
Other (8.7) (0.9)
Cash provided (required) by financing activities 37.3 (30.9)
Effect of exchange rate changes on cash and cash equivalents 12.5 (7.0)
Increase in cash and cash equivalents 116.1 56.3
Cash and cash equivalents, beginning of period 916.2 638.8
Cash and cash equivalents, end of period $ 1,032.3 $ 695.1