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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2013
Operating activities:      
Net income attributable to common shareholders $ 122.8 $ 228.9 $ 192.7
Noncontrolling interest in subsidiaries' earnings 1.0 1.1 0.9
Net income before allocation to noncontrolling interests 123.8 230.0 193.6
Asbestos Provision 192.4 0.0 0.0
Environmental provision 0.0 0.0 55.8
Gain on divestiture 0.0 0.0 (4.1)
Restructuring - Non Cash 0.0 2.0 1.0
Depreciation and amortization 67.4 67.0 75.8
Stock-based compensation expense 21.7 21.3 20.9
Defined benefit plans and postretirement (credit) expense (9.1) (11.6) (11.5)
Deferred income taxes (25.1) 39.7 37.9
Cash provided by (used for) operating working capital 27.0 (16.1) 22.5
Defined benefit plans and postretirement contributions (8.8) (17.9) (25.5)
Payments for Environmental Liabilities (11.6) (18.2) (10.4)
Payments for asbestos-related fees and costs, net of insurance recoveries (56.0) (49.9) (61.3)
Other 3.6 17.0 30.7
Total provided by operating activities 318.1 229.3 264.0
Investing activities:      
Capital expenditures (51.5) (39.6) (43.7)
Proceeds from disposition of capital assets 0.9 4.4 9.7
Proceeds from (payments for) acquisitions 0.0 0.0 2.1
Payments to Acquire Businesses, Net of Cash Acquired 0.0 0.0 6.1
Total used for investing activities (50.6) (35.2) (25.8)
Equity:      
Dividends paid (77.2) (76.6) (73.9)
Reacquisition of shares on open market 0.0 (25.0) (50.0)
Stock options exercised - net of shares reacquired 26.4 8.9 8.2
Excess tax benefit from stock-based compensation 0.0 0.1 7.7
Debt:      
Proceeds received from issuance of long-term notes 0.0 (100.0) (25.0)
Proceeds from (Repayments of) Commercial Paper (49.6) 48.8  
Total (used for) provided by financing activities (100.4) (143.8) (133.0)
Effect of exchange rates on cash and cash equivalents (20.9) (33.1) (29.5)
Increase (decrease) in cash and cash equivalents 146.2 17.2 75.7
Cash and cash equivalents at beginning of period 363.5 346.3  
Cash and cash equivalents at end of period 509.7 363.5 270.6
Detail of cash used for working capital:      
Accounts receivable (6.2) (2.4) 25.2
Inventories 24.9 (23.0) (17.3)
Other current assets (2.4) (3.0) 1.8
Accounts payable 5.5 3.3 7.7
Accrued liabilities 9.6 6.1 2.7
U.S. and foreign taxes on income (4.4) 2.9 2.4
Total 27.0 (16.1) 22.5
Supplemental disclosure of cash flow information:      
Interest paid 36.8 37.5 39.4
Income taxes paid $ 69.8 $ 51.1 $ 39.6