XML 70 R59.htm IDEA: XBRL DOCUMENT v3.19.1
Supplemental Guarantor Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Supplemental Guarantor Information [Line Items]    
Net cash provided by operating activities $ 252.4 $ 222.2
Cash flows used in investing activities:    
Capital expenditures (19.4) (15.9)
Acquisition of business, net of cash acquired (68.7) 0.0
Net cash used in investing activities (88.1) (15.9)
Cash flows used in financing activities:    
Proceeds from borrowings under revolving credit facility 88.5 170.0
Repayments of borrowings under revolving credit facility (12.5) (170.0)
Repayments of long-term debt (5.9) (3.7)
Net change in accounts payable-inventory financing 70.2 24.9
Repurchases of common stock (177.1) (109.2)
Payment of incentive compensation plan withholding taxes (11.6) (8.7)
Dividend payments (43.4) (32.0)
Capital contributions 0.0  
Other 11.6 (2.5)
Distributions and advances from (to) affiliates 0.0 0.0
Net cash used in financing activities (80.2) (131.2)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.8 1.7
Net increase in cash, cash equivalents and restricted cash 84.9 76.8
Cash, cash equivalents and restricted cash—beginning of period 205.8 144.2
Cash, cash equivalents and restricted cash—end of period 290.7 221.0
Consolidating Adjustments    
Supplemental Guarantor Information [Line Items]    
Net cash provided by operating activities 1.1 (14.4)
Cash flows used in investing activities:    
Capital expenditures 0.0 0.0
Acquisition of business, net of cash acquired 0.0  
Net cash used in investing activities 0.0 0.0
Cash flows used in financing activities:    
Proceeds from borrowings under revolving credit facility 0.0 0.0
Repayments of borrowings under revolving credit facility 0.0 0.0
Repayments of long-term debt 0.0 0.0
Net change in accounts payable-inventory financing 0.0 0.0
Repurchases of common stock 0.0 0.0
Payment of incentive compensation plan withholding taxes 0.0 0.0
Dividend payments 0.0 0.0
Capital contributions 0.0  
Other 0.0 0.0
Distributions and advances from (to) affiliates 7.8 (1.9)
Net cash used in financing activities 7.8 (1.9)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.0 0.0
Net increase in cash, cash equivalents and restricted cash 8.9 (16.3)
Cash, cash equivalents and restricted cash—beginning of period (16.9) (1.9)
Cash, cash equivalents and restricted cash—end of period (8.0) (18.2)
Parent Guarantor    
Cash flows used in investing activities:    
Acquisition of business, net of cash acquired 0.0  
Parent Guarantor | Reportable Legal Entities    
Supplemental Guarantor Information [Line Items]    
Net cash provided by operating activities 0.0 0.0
Cash flows used in investing activities:    
Capital expenditures 0.0 0.0
Net cash used in investing activities 0.0 0.0
Cash flows used in financing activities:    
Proceeds from borrowings under revolving credit facility 0.0 0.0
Repayments of borrowings under revolving credit facility 0.0 0.0
Repayments of long-term debt 0.0 0.0
Net change in accounts payable-inventory financing 0.0 0.0
Repurchases of common stock (177.1) (109.2)
Payment of incentive compensation plan withholding taxes (11.6) (8.7)
Dividend payments (43.4) (32.0)
Capital contributions 0.0  
Other 0.0 0.0
Distributions and advances from (to) affiliates 232.1 149.9
Net cash used in financing activities 0.0 0.0
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.0 0.0
Net increase in cash, cash equivalents and restricted cash 0.0 0.0
Cash, cash equivalents and restricted cash—beginning of period 0.0 0.0
Cash, cash equivalents and restricted cash—end of period 0.0 0.0
Subsidiary Issuer    
Cash flows used in investing activities:    
Acquisition of business, net of cash acquired 0.0  
Subsidiary Issuer | Reportable Legal Entities    
Supplemental Guarantor Information [Line Items]    
Net cash provided by operating activities 16.9 (13.8)
Cash flows used in investing activities:    
Capital expenditures (13.0) (11.1)
Net cash used in investing activities (13.0) (11.1)
Cash flows used in financing activities:    
Proceeds from borrowings under revolving credit facility 88.5 163.0
Repayments of borrowings under revolving credit facility (12.5) (163.0)
Repayments of long-term debt (3.7) (3.7)
Net change in accounts payable-inventory financing 0.1 (0.9)
Repurchases of common stock 0.0 0.0
Payment of incentive compensation plan withholding taxes 0.0 0.0
Dividend payments 0.0 0.0
Capital contributions (76.0)  
Other 11.6 (2.2)
Distributions and advances from (to) affiliates 7.3 91.3
Net cash used in financing activities 15.3 84.5
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.0 0.0
Net increase in cash, cash equivalents and restricted cash 19.2 59.6
Cash, cash equivalents and restricted cash—beginning of period 176.0 113.7
Cash, cash equivalents and restricted cash—end of period 195.2 173.3
Guarantor Subsidiaries    
Cash flows used in investing activities:    
Acquisition of business, net of cash acquired 0.0  
Guarantor Subsidiaries | Reportable Legal Entities    
Supplemental Guarantor Information [Line Items]    
Net cash provided by operating activities 183.2 239.6
Cash flows used in investing activities:    
Capital expenditures (4.6) (1.2)
Net cash used in investing activities (4.6) (1.2)
Cash flows used in financing activities:    
Proceeds from borrowings under revolving credit facility 0.0 0.0
Repayments of borrowings under revolving credit facility 0.0 0.0
Repayments of long-term debt 0.0 0.0
Net change in accounts payable-inventory financing 68.6 1.0
Repurchases of common stock 0.0 0.0
Payment of incentive compensation plan withholding taxes 0.0 0.0
Dividend payments 0.0 0.0
Capital contributions 0.0  
Other 0.0 (0.1)
Distributions and advances from (to) affiliates (247.2) (239.3)
Net cash used in financing activities (178.6) (238.4)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.0 0.0
Net increase in cash, cash equivalents and restricted cash 0.0 0.0
Cash, cash equivalents and restricted cash—beginning of period 0.0 0.0
Cash, cash equivalents and restricted cash—end of period 0.0 0.0
Non-Guarantor Subsidiaries    
Cash flows used in investing activities:    
Acquisition of business, net of cash acquired (68.7)  
Non-Guarantor Subsidiaries | Reportable Legal Entities    
Supplemental Guarantor Information [Line Items]    
Net cash provided by operating activities 51.2 10.8
Cash flows used in investing activities:    
Capital expenditures (1.8) (3.6)
Net cash used in investing activities (70.5) (3.6)
Cash flows used in financing activities:    
Proceeds from borrowings under revolving credit facility 0.0 7.0
Repayments of borrowings under revolving credit facility 0.0 (7.0)
Repayments of long-term debt (2.2) 0.0
Net change in accounts payable-inventory financing 1.5 24.8
Repurchases of common stock 0.0 0.0
Payment of incentive compensation plan withholding taxes 0.0 0.0
Dividend payments 0.0 0.0
Capital contributions 76.0  
Other 0.0 (0.2)
Distributions and advances from (to) affiliates 0.0 0.0
Net cash used in financing activities 75.3 24.6
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.8 1.7
Net increase in cash, cash equivalents and restricted cash 56.8 33.5
Cash, cash equivalents and restricted cash—beginning of period 46.7 32.4
Cash, cash equivalents and restricted cash—end of period 103.5 65.9
Affiliated Entity    
Cash flows used in investing activities:    
Acquisition of business, net of cash acquired 0.0  
Affiliated Entity | Reportable Legal Entities    
Supplemental Guarantor Information [Line Items]    
Net cash provided by operating activities 0.0 0.0
Cash flows used in investing activities:    
Capital expenditures 0.0 0.0
Net cash used in investing activities 0.0 0.0
Cash flows used in financing activities:    
Proceeds from borrowings under revolving credit facility 0.0 0.0
Repayments of borrowings under revolving credit facility 0.0 0.0
Repayments of long-term debt 0.0 0.0
Net change in accounts payable-inventory financing 0.0 0.0
Repurchases of common stock 0.0 0.0
Payment of incentive compensation plan withholding taxes 0.0 0.0
Dividend payments 0.0 0.0
Other 0.0 0.0
Distributions and advances from (to) affiliates 0.0 0.0
Net cash used in financing activities 0.0 0.0
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.0 0.0
Net increase in cash, cash equivalents and restricted cash 0.0 0.0
Cash, cash equivalents and restricted cash—beginning of period 0.0 0.0
Cash, cash equivalents and restricted cash—end of period 0.0 $ 0.0
Co-Issuer [Member] | Reportable Legal Entities    
Cash flows used in financing activities:    
Capital contributions $ 0.0