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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net Income (loss) $ 65.6 $ (26.5) $ 107.6 $ (80.5)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation and amortization 29.6 25.9 86.0 77.9
Equity in income of unconsolidated affiliates, including dividends 0.0 (2.0) 0.3 (4.1)
Loss on sale or impairment of long-lived assets, net 0.3 0.9 1.0 1.5
Loss on early debt extinguishment 13.2 0.0 13.2 0.0
Other operating credits and charges, net 0.0 1.0 11.4 12.6
Stock-based compensation related to stock plans 3.2 2.2 9.4 7.3
Exchange (gain) loss on remeasurement (0.2) 1.2 (0.9) 5.5
Cash settlements of contingencies, net of accruals (0.3) (1.0) (1.0) (0.5)
Cash settlements of warranties, net of accruals (4.6) (0.3) (11.4) (5.7)
Pension expense, net of contributions 0.0 1.1 1.4 5.5
Non-cash interest expense, net 1.4 0.8 1.6 0.7
Other adjustments, net (0.3) 0.5 (0.3) 1.3
(Increase) decrease in receivables 14.1 0.6 (37.0) (16.0)
(Increase) decrease in inventories 4.8 (8.5) (3.2) (5.4)
(Increase) decrease in prepaid expenses 0.7 (1.8) (1.9) (1.0)
Increase in accounts payable and accrued liabilities 17.0 14.6 53.3 10.4
Increase (decrease) in income taxes (9.2) (7.5) 4.6 (10.8)
Increase in other liabilities 0.8 0.0 6.2 0.0
Net cash provided by (used in) operating activities 136.1 1.2 240.3 (1.3)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Property, plant, and equipment additions (27.6) (33.6) (78.7) (67.1)
Investments in and refunds from joint ventures 0.0 1.7 0.0 1.7
Increase in restricted cash under letters of credit/credit facility 0.2 (0.5) (0.1) (5.9)
Increase in restricted cash for redemption of long-term debt (93.4) 0.0 (93.4) 0.0
Other investing activities (0.1) 0.1 (0.2) 0.5
Net cash used in investing activities (120.9) (32.3) (172.4) (70.8)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Borrowings of long-term debt 350.0 0.0 350.0 0.0
Repayment of long-term debt (274.8) (0.8) (282.7) (2.2)
Payment of debt issuance fees (5.0) 0.0 (5.0) 0.0
Sale of common stock, net of cash payments under equity plans 0.0 0.0 (0.1) 0.4
Taxes paid related to net share settlement of equity awards (0.8) (0.1) (8.9) (5.4)
Net cash used in financing activities 69.4 (0.9) 53.3 (7.2)
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS 0.3 (1.3) 3.8 (5.7)
Net increase (decrease) in cash and cash equivalents 84.9 (33.3) 125.0 (85.0)
Cash and cash equivalents at beginning of period 474.8 481.0 434.7 532.7
Cash and cash equivalents at end of period $ 559.7 $ 447.7 $ 559.7 $ 447.7