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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 351.5 $ 250.2
Income from discontinued operations, net of tax (1.9) (25.7)
Gain from sale of discontinued operations, net of tax (200.6) 0.0
Adjustments to reconcile net income from continuing operations to net cash provided by (used for) operating activities of continuing operations    
Equity income of unconsolidated subsidiaries (0.6) (1.5)
Depreciation 42.0 43.5
Amortization 48.6 48.5
Deferred income taxes (16.7) (26.3)
Share-based compensation 26.0 22.3
Loss on early extinguishment of debt 101.4 0.0
Excess tax benefits from share-based compensation 0.0 (3.2)
Gain on sale of assets 0.0 (0.7)
Changes in assets and liabilities, net of effects of business acquisitions    
Accounts and notes receivable 28.5 78.1
Inventories (21.3) 8.9
Other current assets (10.2) (68.0)
Accounts payable (46.8) (31.5)
Employee compensation and benefits (30.7) (12.1)
Other current liabilities (49.5) 50.7
Other non-current assets and liabilities (8.8) (12.3)
Net cash provided by (used for) operating activities of continuing operations 210.9 320.9
Net cash provided by (used for) operating activities of discontinued operations (55.6) 48.6
Net cash provided by (used for) operating activities 155.3 369.5
Investing activities    
Capital expenditures (37.6) (64.0)
Proceeds from sale of property and equipment 3.8 7.6
Proceeds from sale of businesses, net 2,765.6 0.0
Acquisitions, net of cash acquired (59.5) 0.0
Other 0.0 (3.7)
Net cash provided by (used for) investing activities of continuing operations 2,672.3 (60.1)
Net cash provided by (used for) investing activities of discontinued operations (6.5) (8.0)
Net cash provided by (used for) investing activities 2,665.8 (68.1)
Financing activities    
Net repayments of short-term borrowings (0.5) 0.0
Net repayments of commercial paper and revolving long-term debt (975.5) (139.8)
Repayments of long-term debt (1,659.3) (0.7)
Premium paid on early extinguishment of debt 94.9 0.0
Excess tax benefits from share-based compensation 0.0 3.2
Shares issued to employees, net of shares withheld 29.5 8.3
Repurchases of ordinary shares 100.0 0.0
Dividends paid (126.1) (119.7)
Net cash provided by (used for) financing activities (2,926.8) (248.7)
Effect of exchange rate changes on cash and cash equivalents 45.0 (5.7)
Change in cash and cash equivalents (60.7) 47.0
Cash and cash equivalents, beginning of period 238.5 126.3
Cash and cash equivalents, end of period $ 177.8 $ 173.3