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Consolidated (Successor) and DuPont Performance Coatings Combined (Predecessor) Statements of Cash Flows - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Jan. 31, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Successor [Member]        
Operating activities:        
Net income (loss)   $ 97.9 $ 34.7 $ (218.9)
Adjustment to reconcile net income (loss) to cash provided by operating activities:        
Depreciation and amortization   307.7 308.7 300.7
Amortization of financing costs and original issue discount   20.6 21.0 18.4
Financing fees and debt extinguishment   2.5 6.1 0.0
Fair value step up of acquired inventory sold   1.2 0.0 103.7
Bridge financing commitment fees   0.0 0.0 25.0
Deferred income taxes   (5.0) (38.2) (120.8)
Realized and unrealized foreign exchange losses, net   93.7 75.1 48.9
Stock-based compensation   30.2 8.0 7.4
Asset impairment   30.6 0.0 0.0
Other non-cash, net   11.3 (25.3) 13.2
Decrease (increase) in operating assets and liabilities:        
Trade accounts and notes receivable   (61.1) (40.2) (6.4)
Inventories   (35.2) (24.7) 33.9
Prepaid expenses and other assets   (65.6) (54.1) (90.9)
Accounts payable   (6.7) 53.6 67.1
Other accrued liabilities   (0.1) (54.8) 193.1
Other liabilities   (22.4) (18.5) 2.4
Cash provided by (used for) operating activities   399.6 251.4 376.8
Investing activities:        
Business acquisitions (net of cash acquired)   (29.6) 0.0 (4,827.6)
Purchase of property, plant and equipment   (138.1) (188.4) (107.3)
Investment in real estate property   0.0 0.0 (54.5)
Purchase of interest rate cap   0.0 0.0 (3.1)
Settlement of foreign currency contract   0.0 0.0 (19.4)
Restricted cash   1.9 (4.7) 0.0
Proceeds from sale of a business   0.0 17.5 0.0
Other investing   1.5 (2.9) 0.7
Cash used for investing activities   (164.3) (178.5) (5,011.2)
Financing activities:        
Proceeds from long-term borrowings   0.0 0.7 3,906.7
Proceeds from short-term borrowings   2.0 30.7 38.8
Payments on short-term borrowings   (16.9) (33.8) (25.3)
Payments on long-term debt   (127.3) (121.1) (21.3)
Payments of deferred financing costs   0.0 0.0 (126.0)
Bridge financing commitment fees   0.0 0.0 (25.0)
Dividends paid to noncontrolling interests   (4.7) (2.2) (5.2)
Equity contribution   0.0 2.5 1,355.4
Proceeds from option exercises and associated tax benefits   72.6 3.0 0.0
Net transfer from DuPont   0.0 0.0 0.0
Other financing activities   (0.2) (3.0) 0.0
Cash provided by (used for) financing activities   (74.5) (123.2) 5,098.1
Increase (decrease) in cash and cash equivalents   160.8 (50.3) 463.7
Effect of exchange rate changes on cash   (57.9) (26.9) (4.4)
Cash and cash equivalents at beginning of period $ 0.0 382.1 459.3 0.0
Cash and cash equivalents at end of period   485.0 382.1 459.3
Cash paid during the year for:        
Interest, net of amounts capitalized   172.5 192.0 171.9
Income taxes, net of refunds   52.4 57.0 83.1
Non-cash investing activities:        
Accrued capital expenditures   $ 33.8 $ 29.4 35.5
Predecessor [Member]        
Operating activities:        
Net income (loss) 8.5      
Adjustment to reconcile net income (loss) to cash provided by operating activities:        
Depreciation and amortization 9.9      
Amortization of financing costs and original issue discount 0.0      
Financing fees and debt extinguishment 0.0      
Fair value step up of acquired inventory sold 0.0      
Bridge financing commitment fees 0.0      
Deferred income taxes 9.1      
Realized and unrealized foreign exchange losses, net 4.5      
Stock-based compensation 0.0      
Asset impairment 0.0      
Other non-cash, net (3.9)      
Decrease (increase) in operating assets and liabilities:        
Trade accounts and notes receivable 25.8      
Inventories (19.3)      
Prepaid expenses and other assets 3.1      
Accounts payable (29.9)      
Other accrued liabilities (43.8)      
Other liabilities (1.7)      
Cash provided by (used for) operating activities (37.7)      
Investing activities:        
Business acquisitions (net of cash acquired) 0.0      
Purchase of property, plant and equipment (2.4)      
Investment in real estate property 0.0      
Purchase of interest rate cap 0.0      
Settlement of foreign currency contract 0.0      
Restricted cash 0.0      
Proceeds from sale of a business 0.0      
Other investing (5.9)      
Cash used for investing activities (8.3)      
Financing activities:        
Proceeds from long-term borrowings 0.0      
Proceeds from short-term borrowings 0.0      
Payments on short-term borrowings 0.0      
Payments on long-term debt 0.0      
Payments of deferred financing costs 0.0      
Bridge financing commitment fees 0.0      
Dividends paid to noncontrolling interests 0.0      
Equity contribution 0.0      
Proceeds from option exercises and associated tax benefits 0.0      
Net transfer from DuPont 43.0      
Other financing activities 0.0      
Cash provided by (used for) financing activities 43.0      
Increase (decrease) in cash and cash equivalents (3.0)      
Effect of exchange rate changes on cash 0.0      
Cash and cash equivalents at beginning of period 28.7     $ 28.7
Cash and cash equivalents at end of period 25.7      
Cash paid during the year for:        
Interest, net of amounts capitalized 0.0      
Income taxes, net of refunds 13.3      
Non-cash investing activities:        
Accrued capital expenditures $ 5.5