XML 88 R77.htm IDEA: XBRL DOCUMENT v3.19.2
Supplemental Guarantor Information - Condensed Consolidating Statement of Cash Flows (Detail) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net cash provided by (used for) operating activities $ 96.7 $ 171.9
Investing activities    
Capital expenditures (29.8) (20.3)
Proceeds from sale of property and equipment 0.4 (0.5)
Proceeds from (payments due to) the sale of businesses, net 0.7 (12.8)
Acquisitions, net of cash acquired (284.5) (0.9)
Net intercompany loan activity 0.0 0.0
Payments for (Proceeds from) Other Investing Activities (1.5) 0.0
Net cash provided by (used for) investing activities of continuing operations (314.7) (34.5)
Net cash used for investing activities of discontinued operations 0.0 (7.1)
Net cash used for investing activities (314.7) (41.6)
Financing activities    
Net receipts of commercial paper and revolving long-term debt 32.9 30.2
Proceeds from long-term debt 400.0 0.0
Repayments of long-term debt 0.0 675.1
Debt issuance costs 5.7 0.0
Premium paid on early extinguishment of debt 0.0 16.0
Cash Divested from Deconsolidation 0.0 (74.2)
Distribution of cash from nVent 0.0 993.6
Net change in advances to subsidiaries 0.0 0.0
Shares issued to employees, net of shares withheld 7.2 6.3
Repurchases of ordinary shares (150.0) (300.0)
Dividends paid (62.0) (125.9)
Net cash provided by financing activities of continuing operations 222.4 (161.1)
Change in cash held for sale 0.0 27.0
Effect of exchange rate changes on cash and cash equivalents 1.8 (3.8)
Change in cash and cash equivalents 6.2 (7.6)
Cash and cash equivalents, beginning of period 74.3 86.3
Cash and cash equivalents, end of period 80.5 78.7
Parent Company Guarantor    
Operating activities    
Net cash provided by (used for) operating activities 157.2 101.1
Investing activities    
Capital expenditures 0.0 0.0
Proceeds from sale of property and equipment 0.0 0.0
Proceeds from (payments due to) the sale of businesses, net 0.0 0.0
Acquisitions, net of cash acquired 0.0 0.0
Net intercompany loan activity 0.0 30.8
Payments for (Proceeds from) Other Investing Activities 0.0  
Net cash provided by (used for) investing activities of continuing operations   30.8
Net cash used for investing activities of discontinued operations   0.0
Net cash used for investing activities 0.0 30.8
Financing activities    
Net receipts of commercial paper and revolving long-term debt 0.0 0.0
Proceeds from long-term debt 0.0  
Repayments of long-term debt   0.0
Debt issuance costs 0.0  
Premium paid on early extinguishment of debt   0.0
Cash Divested from Deconsolidation   0.0
Distribution of cash from nVent   0.0
Net change in advances to subsidiaries 47.8 287.8
Shares issued to employees, net of shares withheld 7.2 6.3
Repurchases of ordinary shares (150.0) (300.0)
Dividends paid (62.0) (125.9)
Net cash provided by financing activities of continuing operations (157.0) (131.8)
Change in cash held for sale   0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Change in cash and cash equivalents 0.2 0.1
Cash and cash equivalents, beginning of period 0.1 0.0
Cash and cash equivalents, end of period 0.3 0.1
Guarantor Subsidiaries    
Operating activities    
Net cash provided by (used for) operating activities 170.4 162.2
Investing activities    
Capital expenditures 0.0 0.0
Proceeds from sale of property and equipment 0.0 0.0
Proceeds from (payments due to) the sale of businesses, net 0.0 0.0
Acquisitions, net of cash acquired 0.0 0.0
Net intercompany loan activity 0.0 59.9
Payments for (Proceeds from) Other Investing Activities 0.0  
Net cash provided by (used for) investing activities of continuing operations   59.9
Net cash used for investing activities of discontinued operations   0.0
Net cash used for investing activities 0.0 59.9
Financing activities    
Net receipts of commercial paper and revolving long-term debt 0.0 0.0
Proceeds from long-term debt 0.0  
Repayments of long-term debt   0.0
Debt issuance costs 0.0  
Premium paid on early extinguishment of debt   0.0
Cash Divested from Deconsolidation   0.0
Distribution of cash from nVent   0.0
Net change in advances to subsidiaries (170.4) (222.1)
Shares issued to employees, net of shares withheld 0.0 0.0
Repurchases of ordinary shares 0.0 0.0
Dividends paid 0.0 0.0
Net cash provided by financing activities of continuing operations (170.4) (222.1)
Change in cash held for sale   0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Change in cash and cash equivalents 0.0 0.0
Cash and cash equivalents, beginning of period 0.0 0.0
Cash and cash equivalents, end of period 0.0 0.0
Subsidiary Issuer    
Operating activities    
Net cash provided by (used for) operating activities 179.1 177.5
Investing activities    
Capital expenditures 0.0 0.0
Proceeds from sale of property and equipment 0.0 0.0
Proceeds from (payments due to) the sale of businesses, net 0.0 0.0
Acquisitions, net of cash acquired 0.0 0.0
Net intercompany loan activity (604.3) 22.5
Payments for (Proceeds from) Other Investing Activities 0.0  
Net cash provided by (used for) investing activities of continuing operations   22.5
Net cash used for investing activities of discontinued operations   0.0
Net cash used for investing activities (604.3) 22.5
Financing activities    
Net receipts of commercial paper and revolving long-term debt 55.0 43.8
Proceeds from long-term debt 400.0  
Repayments of long-term debt   675.1
Debt issuance costs 5.7  
Premium paid on early extinguishment of debt   16.0
Cash Divested from Deconsolidation   0.0
Distribution of cash from nVent   993.6
Net change in advances to subsidiaries (24.3) (517.0)
Shares issued to employees, net of shares withheld 0.0 0.0
Repurchases of ordinary shares 0.0 0.0
Dividends paid 0.0 0.0
Net cash provided by financing activities of continuing operations 425.0 (170.7)
Change in cash held for sale   0.0
Effect of exchange rate changes on cash and cash equivalents 0.2 (26.1)
Change in cash and cash equivalents 0.0 3.2
Cash and cash equivalents, beginning of period 0.1 0.0
Cash and cash equivalents, end of period 0.1 3.2
Non-Guarantor Subsidiaries    
Operating activities    
Net cash provided by (used for) operating activities 104.3 272.6
Investing activities    
Capital expenditures (29.8) (20.3)
Proceeds from sale of property and equipment 0.4 (0.5)
Proceeds from (payments due to) the sale of businesses, net 0.7 (12.8)
Acquisitions, net of cash acquired (284.5) (0.9)
Net intercompany loan activity (21.9) 490.6
Payments for (Proceeds from) Other Investing Activities 1.5  
Net cash provided by (used for) investing activities of continuing operations   456.1
Net cash used for investing activities of discontinued operations   (7.1)
Net cash used for investing activities (336.6) 449.0
Financing activities    
Net receipts of commercial paper and revolving long-term debt (22.1) (13.6)
Proceeds from long-term debt 0.0  
Repayments of long-term debt   0.0
Debt issuance costs 0.0  
Premium paid on early extinguishment of debt   0.0
Cash Divested from Deconsolidation   (74.2)
Distribution of cash from nVent   0.0
Net change in advances to subsidiaries 258.8 (694.0)
Shares issued to employees, net of shares withheld 0.0 0.0
Repurchases of ordinary shares 0.0 0.0
Dividends paid 0.0 0.0
Net cash provided by financing activities of continuing operations 236.7 (781.8)
Change in cash held for sale   27.0
Effect of exchange rate changes on cash and cash equivalents 1.6 22.3
Change in cash and cash equivalents 6.0 (10.9)
Cash and cash equivalents, beginning of period 74.1 86.3
Cash and cash equivalents, end of period 80.1 75.4
Consolidation, Eliminations    
Operating activities    
Net cash provided by (used for) operating activities (514.3) (541.5)
Investing activities    
Capital expenditures 0.0 0.0
Proceeds from sale of property and equipment 0.0 0.0
Proceeds from (payments due to) the sale of businesses, net 0.0 0.0
Acquisitions, net of cash acquired 0.0 0.0
Net intercompany loan activity 626.2 (603.8)
Payments for (Proceeds from) Other Investing Activities 0.0  
Net cash provided by (used for) investing activities of continuing operations   (603.8)
Net cash used for investing activities of discontinued operations   0.0
Net cash used for investing activities 626.2 (603.8)
Financing activities    
Net receipts of commercial paper and revolving long-term debt 0.0 0.0
Proceeds from long-term debt 0.0  
Repayments of long-term debt   0.0
Debt issuance costs 0.0  
Premium paid on early extinguishment of debt   0.0
Cash Divested from Deconsolidation   0.0
Distribution of cash from nVent   0.0
Net change in advances to subsidiaries (111.9) 1,145.3
Shares issued to employees, net of shares withheld 0.0 0.0
Repurchases of ordinary shares 0.0 0.0
Dividends paid 0.0 0.0
Net cash provided by financing activities of continuing operations (111.9) 1,145.3
Change in cash held for sale   0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Change in cash and cash equivalents 0.0 0.0
Cash and cash equivalents, beginning of period 0.0 0.0
Cash and cash equivalents, end of period $ 0.0 $ 0.0