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Condensed Consolidated and Combined Statements of Cash Flows (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net earnings $ 9.3 $ 13.4
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 10.2 9.5
Provision for doubtful accounts receivable 1.8 0.2
Share-based compensation 1.1 0.3
Deferred income taxes (2.2) (0.3)
Net pension and other postretirement benefits plan income (0.8) (0.2)
Other 0.4 0.0
Changes in operating assets and liabilities - net of acquisitions:    
Accounts receivable - net (66.7) (52.8)
Inventories (3.4) (2.9)
Prepaid expenses and other current assets (4.4) (0.5)
Accounts payable 15.0 4.5
Income taxes payable and receivable 7.7 (0.3)
Accrued liabilities and other (6.1) (13.5)
Pension and other postretirement benefits plan contributions (0.1) (1.1)
Net cash used in operating activities (38.2) (43.7)
INVESTING ACTIVITIES    
Capital expenditures (4.3) (8.5)
Purchase of investment (3.4) 0.0
Other investing activities 0.2 2.4
Net cash used in investing activities (7.5) (6.1)
FINANCING ACTIVITIES    
Revolving facility borrowings 57.0 0.0
Payments on revolving facility borrowings (37.0) 0.0
Debt issuance costs (1.5) 0.0
Net transfers related to the Separation 3.1 0.0
Net change in short-term debt 0.0 6.9
Net transfers from Parent and affiliates 0.0 39.7
Other financing activities 0.0 0.2
Net cash provided by financing activities 21.6 46.8
Effect of exchange rate on cash and cash equivalents 0.2 2.9
Net decrease in cash and cash equivalents (23.9) (0.1)
Cash and cash equivalents at beginning of year 36.2 15.1
Cash and cash equivalents at end of period $ 12.3 $ 15.0