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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 (loss) $ 788.7 $ 358.8 $ (621.4)
Adjustments to reconcile net income (loss) to net cash provided by operating activities      
Depreciation expense 180.5 170.2 158.2
Amortization expense 0.6 5.8 3.1
Amortization of deferred financing fees 6.9 23.3 6.7
Accretion of customer supply agreement 2.6 1.1 0.6
Employee stock compensation expense 26.0 16.4 19.6
Excess tax benefit of share-based payment arrangements (10.7) (2.6) (0.6)
Loss from interest rate swaps 0.0 0.5 0.0
Loss (gain) from hedge contracts 1.6 (1.4) (2.6)
Loss (gain) from foreign currency transactions 8.6 10.5 (2.6)
Loss on sale of divestiture of programs - cash flow 0.0 471.1 0.0
Loss on disposition of assets 14.7 13.7 0.1
Deferred taxes (162.2) (8.4) 202.8
Long-term tax benefit 0.0 (1.2) (2.5)
Pension and other post retirement benefits, net (26.0) (24.0) (32.0)
Grant income (10.4) (8.6) (7.3)
Equity in net income of affiliates (1.2) (0.5) (0.5)
Changes in assets and liabilities      
Accounts receivable, net 62.2 (64.7) (128.5)
Inventory, net (44.2) (332.2) 666.0
Accounts payable and accrued liabilities (89.1) (22.1) 94.2
Profit sharing/deferred compensation (50.0) 73.8 10.0
Advance payments (113.3) (52.9) (41.9)
Income taxes receivable/payable 251.9 (177.9) (82.2)
Deferred revenue and other deferred credits 407.3 2.2 (0.2)
Proceeds from Divestiture of Businesses, Net of Cash Divested 0.0 (160.0) 0.0
Other 45.2 70.7 21.6
Net cash provided by operating activities 1,289.7 361.6 260.6
Investing activities      
Purchase of property, plant and equipment (360.1) (220.2) (234.2)
Purchase of property, plant and equipment — severe weather event 0.0 0.0 (38.4)
Proceeds from sale of assets 2.7 0.5 0.7
Repayments of Notes Payable 0.0 (300.0) 0.0
Increase (Decrease) in Restricted Cash 0.0 (19.9) 0.0
Payments for (Proceeds from) Other Investing Activities 0.0 0.0 (3.7)
Net cash used in investing activities (357.4) (239.6) (268.2)
Payments Related to Tax Withholding for Share-based Compensation (20.7) 0.0 0.0
Financing activities      
Proceeds from issuance of debt 535.0 0.0 0.0
Principal payments of debt 36.5 16.8 10.4
Excess tax benefit of share-based payment arrangements 10.7 2.6 0.6
Debt issuance and financing costs 4.7 20.8 4.1
Payments for Repurchase of Common Stock (300.0) (129.2) 0.0
Net cash used in financing activities (351.1) (164.2) (13.9)
Repayments of Debt (534.9) 0.0 0.0
Proceeds from (Repayments of) Notes Payable 0.0 300.0 0.0
Effect of exchange rate changes on cash and cash equivalents (1.8) (0.6) 1.5
Net increase (decrease) in cash and cash equivalents for the period 579.4 (42.8) (20.0)
Cash and cash equivalents, beginning of period 377.9 420.7 440.7
Cash and cash equivalents, end of period 957.3 377.9 420.7
Supplemental information      
Interest paid 51.5 69.2 68.0
Proceeds from Income Tax Refunds $ (69.7)    
Income taxes paid   $ 91.1 $ 69.4