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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities      
Net income $ 347.4 $ 666.5 $ 522.2
(Income) loss from discontinued operations, net of tax (25.7) (371.3) (343.4)
Gain from sale / impairment of discontinued operations, net of tax 0.0 (181.1) (0.6)
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities of continuing operations      
Equity income of unconsolidated subsidiaries (8.4) (1.3) (4.3)
Depreciation 49.7 50.8 53.0
Amortization 34.9 36.4 35.4
Loss on sale of businesses 7.3 4.2 3.9
Deferred income taxes (4.1) (18.0) 1.2
Share-based compensation 20.9 39.6 34.2
Impairment of trade names 12.0 15.6 0.0
Loss on early extinguishment of debt 17.1 101.4 0.0
Excess tax benefits from share-based compensation 0.0 0.0 (8.0)
Changes in assets and liabilities, net of effects of business acquisitions      
Accounts receivable (15.3) (13.4) 16.6
Inventories (40.1) (20.5) 33.9
Other current assets 31.2 (13.0) 2.1
Accounts payable 58.3 15.6 22.8
Employee compensation and benefits (0.6) (1.4) 26.7
Other current liabilities (3.3) (54.6) 90.3
Other non-current assets and liabilities (23.2) 23.1 (106.1)
Net cash provided by operating activities of continuing operations 458.1 278.6 379.9
Net cash provided by (used for) operating activities of discontinued operations (19.0) 341.6 481.5
Net cash provided by operating activities of continuing operations 439.1 620.2 861.4
Investing activities      
Capital expenditures (48.2) (39.1) (43.3)
Proceeds from sale of property and equipment 0.2 3.7 18.8
(Payments due to) proceeds from sale of businesses and other (12.8) 2,759.4 (5.1)
Acquisitions, net of cash acquired (0.9) (45.9) (25.0)
Net cash provided by (used for) investing activities of continuing operations (61.7) 2,678.1 (54.6)
Net cash used for investing activities of discontinued operations (7.1) (47.7) (67.2)
Net cash provided by (used for) investing activities (68.8) 2,630.4 (121.8)
Financing activities      
Net receipts (repayments) of commercial paper and revolving long-term debt 39.7 (913.1) (385.3)
Repayment of long-term debt (675.1) (2,009.3) (0.7)
Premium paid on early extinguishment of debt (16.0) (94.9) 0.0
Transfer of cash to nVent (74.2) 0.0 0.0
Distribution of cash from nVent 993.6 0.0 0.0
Shares issued to employees, net of shares withheld 13.3 37.2 20.7
Repurchases of ordinary shares (500.0) (200.0) 0.0
Dividends paid (187.2) (251.7) (243.6)
Other 2.0 0.8 (8.8)
Net cash provided by (used for) financing activities of continuing operations (407.9) (3,432.6) (600.1)
Change in cash held for sale 27.0 (5.4) 1.1
Effect of exchange rate changes on cash and cash equivalents (1.4) 56.8 (27.3)
Change in cash and cash equivalents (12.0) (130.6) 113.3
Cash and cash equivalents, beginning of year 86.3 216.9 103.6
Cash and cash equivalents, end of year 74.3 86.3 216.9
Cash paid for interest, net 43.7 107.2 143.4
Income Taxes Paid $ 92.9 $ 362.1 $ 145.1