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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net income $ 102.9 $ 87.8
Loss (income) from discontinued operations, net of tax 1.3 (7.1)
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) (0.2)
Depreciation 21.5 21.4
Amortization 24.7 24.0
Deferred income taxes (10.6) (4.7)
Loss on sale of business 5.3 0.0
Share-based compensation 6.0 16.4
Changes in assets and liabilities, net of effects of business acquisitions    
Accounts and notes receivable (146.9) (130.6)
Inventories (6.3) (8.6)
Other current assets (2.4) (18.0)
Accounts payable (94.2) (55.9)
Employee compensation and benefits (46.6) (23.9)
Other current liabilities (20.8) 15.8
Other non-current assets and liabilities (0.2) (5.1)
Net cash provided by (used for) operating activities of continuing operations (166.9) (88.7)
Net cash provided by (used for) operating activities of discontinued operations (0.7) (17.3)
Net cash provided by (used for) operating activities (167.6) (106.0)
Investing activities    
Capital expenditures (16.8) (23.6)
Proceeds from sale of property and equipment 2.3 0.0
Payments due to the sale of businesses, net (13.8) 0.0
Acquisitions, net of cash acquired (2.9) (56.7)
Net cash provided by (used for) investing activities of continuing operations (31.2) (80.3)
Net cash provided by (used for) investing activities of discontinued operations 0.0 (3.7)
Net cash provided by (used for) investing activities (31.2) (84.0)
Financing activities    
Net receipts (repayments) of short-term borrowings 0.2 (0.1)
Net receipts of commercial paper and revolving long-term debt 417.5 229.1
Proceeds from long-term debt 800.0 0.0
Debt issuance costs (7.5) 0.0
Shares issued to employees, net of shares withheld 0.9 2.8
Repurchases of ordinary shares (150.0) 0.0
Dividends paid (63.3) (62.8)
Net cash provided by (used for) financing activities 997.8 169.0
Effect of exchange rate changes on cash and cash equivalents (4.8) 20.6
Change in cash and cash equivalents 794.2 (0.4)
Cash and cash equivalents, beginning of period 113.3 238.5
Cash and cash equivalents, end of period $ 907.5 $ 238.1