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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES    
Net income $ 20.4 $ 37.6
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation and amortization 60.3 60.6
Deferred income taxes 2.5 69.5
Net pension expense 26.9 23.0
Share-based compensation expense 4.9 2.2
Net loss on disposal of property and equipment 0.1 0.4
Changes in working capital and other:    
Accounts receivable 33.4 22.7
Inventories (34.8) (62.2)
Other current assets (8.2) (61.4)
Accounts payable (17.6) (28.0)
Accrued liabilities (11.3) (25.0)
Pension plan contributions 0.0 (3.9)
Other postretirement plan contributions (6.1) (6.7)
Other, net 1.1 (1.3)
Net cash provided from operating activities 71.6 27.5
INVESTING ACTIVITIES    
Purchases of property, equipment and software (49.5) (127.4)
Proceeds from disposals of property and equipment 0.3 0.1
Other 4.0 0.0
Net cash used for investing activities (45.2) (127.3)
FINANCING ACTIVITIES    
Net change in short-term debt 39.5 37.0
Dividends paid (17.9) (19.3)
Purchase of treasury stock (96.3) (10.0)
Payments on seller financed debt related to purchase of software (2.5) 0.0
Tax benefits on share-based compensation 0.0 0.6
Proceeds from stock options exercised 0.2 0.7
Net cash (used for) provided from financing activities (77.0) 9.0
Effect of exchange rate changes on cash and cash equivalents 1.7 (0.4)
DECREASE IN CASH AND CASH EQUIVALENTS (48.9) (91.2)
Cash and cash equivalents at beginning of period 70.0 120.0
Cash and cash equivalents at end of period 21.1 28.8
Non-cash investing activities:    
Acquisition of property, equipment and software 5.7 7.6
Non-cash financing activities:    
Seller financed debt related to purchase of software $ 0.0 $ 4.9