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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 90.9 $ 55.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 31.0 30.6
Equity in income of unconsolidated affiliates, including dividends (0.8) (0.6)
(Gain) loss on sale or impairment of long lived assets, net (0.6) 0.6
Other operating credits and charges, net (0.4) 3.4
Stock-based compensation related to stock plans 2.2 4.1
Exchange (gain) loss on remeasurement (0.1) 0.2
Cash settlements of warranties, net of accruals (0.9) (3.2)
Loss Contingency Accrual, Provision 4.8 0.0
Pension expense, net of contributions 1.6 1.4
Non-cash interest expense, net 0.8 0.1
Other adjustments, net 0.1 0.3
Increase in receivables (29.2) (39.7)
Increase in inventories (54.0) (24.8)
Increase in prepaid expenses (1.2) (0.6)
Decrease in accounts payable and accrued liabilities (38.0) (19.9)
Increase in income taxes 24.5 13.9
Net cash provided by operating activities 30.7 20.8
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, plant, and equipment additions (43.2) (26.1)
Proceeds from sales of assets 0.8 0.0
Other investing activities (0.2) 0.2
Net cash used in investing activities (42.6) (25.9)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of long-term debt (0.1) (1.2)
Payment of cash dividend (18.9) 0.0
Sale of common stock, net of cash payments under equity plans 0.1 0.4
Taxes paid related to net share settlement of equity awards 5.7 4.7
Proceeds from (Payments for) Other Financing Activities 3.1 0.0
Net cash used in financing activities (21.5) (5.5)
EFFECT OF EXCHANGE RATE ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH 1.2 0.7
Net decrease in cash, cash equivalents and restricted cash (32.2) (9.9)
Cash, cash equivalents and restricted cash at beginning of period 941.3 672.5
Cash, cash equivalents and restricted cash at end of period $ 909.1 $ 662.6