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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income $ 355.7 $ 347.4 $ 666.5
Loss (income) from discontinued operations, net of tax 6.0 (25.7) (371.3)
Gain from sale of discontinued operations, net of tax 0.0 0.0 (181.1)
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities of continuing operations      
Equity income of unconsolidated subsidiaries (3.5) (8.4) (1.3)
Depreciation 48.3 49.7 50.8
Amortization 31.7 34.9 36.4
(Gain) loss on sale of businesses (2.2) 7.3 4.2
Deferred income taxes (18.4) (4.1) (18.0)
Share-based compensation 21.4 20.9 39.6
Trade name and other impairment 21.2 12.0 15.6
Loss on early extinguishment of debt 0.0 17.1 101.4
Pension and other post-retirement expense 1.9 13.2 24.9
Pension and other post-retirement contributions (20.9) (8.9) (8.3)
Changes in assets and liabilities, net of effects of business acquisitions      
Accounts receivable (17.5) (15.3) (13.4)
Inventories 13.6 (40.1) (20.5)
Other current assets (18.4) 31.2 (13.0)
Accounts payable (63.6) 58.3 15.6
Employee compensation and benefits (19.1) (0.6) (1.4)
Other current liabilities (0.4) (3.3) (54.6)
Other non-current assets and liabilities 9.4 (27.5) 6.5
Net cash provided by operating activities of continuing operations 345.2 458.1 278.6
Net cash provided by (used for) operating activities of discontinued operations 7.8 (19.0) 341.6
Net cash provided by operating activities of continuing operations 353.0 439.1 620.2
Investing activities      
Capital expenditures (58.5) (48.2) (39.1)
Proceeds from sale of property and equipment 0.6 0.2 3.7
Proceeds from (payments due to) sale of businesses 15.3 (12.8) 2,759.4
Acquisitions, net of cash acquired (287.8) (0.9) (45.9)
Net cash (used for) provided by investing activities of continuing operations (331.9) (61.7) 2,678.1
Net cash used for investing activities of discontinued operations 0.0 (7.1) (47.7)
Net cash (used for) provided by investing activities (331.9) (68.8) 2,630.4
Financing activities      
Net receipts (repayments) of commercial paper and revolving long-term debt 51.5 39.7 (913.1)
Proceeds from long-term debt 600.0 0.0 0.0
Repayment of long-term debt (401.5) (675.1) (2,009.3)
Premium paid on early extinguishment of debt 0.0 (16.0) (94.9)
Distribution of cash from nVent, net of cash transferred 0.0 919.4 0.0
Shares issued to employees, net of shares withheld 12.5 13.3 37.2
Repurchases of ordinary shares (150.0) (500.0) (200.0)
Dividends paid (122.7) (187.2) (251.7)
Other 6.9 2.0 0.8
Net cash provided by (used for) financing activities of continuing operations (17.1) (407.9) (3,432.6)
Change in cash held for sale 0.0 27.0 (5.4)
Effect of exchange rate changes on cash and cash equivalents 4.2 (1.4) 56.8
Change in cash and cash equivalents 8.2 (12.0) (130.6)
Cash and cash equivalents, beginning of year 74.3 86.3 216.9
Cash and cash equivalents, end of year 82.5 74.3 86.3
Cash paid for interest, net 33.7 43.7 107.2
Cash paid for income taxes, net $ 59.0 $ 92.9 $ 362.1