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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES    
Net income $ 0.8 $ 20.4
Adjustments to reconcile net income to net cash (used for) provided from operating activities:    
Depreciation and amortization 58.7 60.3
Deferred income taxes 39.1 2.5
Net pension expense 31.0 26.9
Share-based compensation expense 6.5 4.9
Net loss on disposals of property and equipment 0.3 0.1
Changes in working capital and other:    
Accounts receivable 0.8 33.4
Inventories (74.2) (34.8)
Other current assets (5.6) (8.2)
Accounts payable 17.2 (17.6)
Accrued liabilities 3.6 (11.3)
Pension plan contributions (100.0) 0.0
Other postretirement plan contributions (1.8) (6.1)
Other, net (2.2) 1.1
Net cash (used for) provided from operating activities (25.8) 71.6
INVESTING ACTIVITIES    
Purchases of property, equipment and software (45.1) (49.5)
Proceeds from disposals of property and equipment 0.0 0.3
Other 0.0 4.0
Net cash used for investing activities (45.1) (45.2)
FINANCING ACTIVITIES    
Net change in short-term debt 25.0 39.5
Dividends paid (17.0) (17.9)
Purchases of treasury stock 0.0 (96.3)
Payments on seller financed debt related to purchase of software 0.0 (2.5)
Tax benefits on share-based compensation 0.3 0.0
Proceeds from stock options exercised 1.8 0.2
Net cash provided from (used for) financing activities 10.1 (77.0)
Effect of exchange rate changes on cash and cash equivalents 1.3 1.7
DECREASE IN CASH AND CASH EQUIVALENTS (59.5) (48.9)
Cash and cash equivalents at beginning of period 82.0 70.0
Cash and cash equivalents at end of period 22.5 21.1
Non-cash investing activities:    
Acquisition of property, equipment and software $ 6.0 $ 5.7