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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating activities      
Net income $ 209.7 $ 270.2 $ 180.3
Reconciliation of net income to cash flows from operating activities:      
Depreciation 75.4 74.6 68.1
Amortization 38.5 30.3 19.9
Non-cash compensation, net of tax benefit 11.9 8.5 12.5
Non-cash pension settlement   5.6  
Gain on sale of businesses (6.2) (3.7)  
(Gain) loss on sale of property and equipment, net (1.3) 2.1 1.8
Impairment of assets 100.3 6.4  
Deferred taxes (61.7) (13.8) 1.8
Foreign exchange (gain) loss 0.1 0.1 (2.1)
Changes in assets and liabilities, excluding effects of acquisitions and divestitures:      
Receivables 8.4 21.0 (71.4)
Inventories 35.6 26.5 (75.8)
Prepaid expenses and other assets 11.1 48.8 7.3
Accounts payable (20.6) (15.7) 50.9
Accrued expenses and deferred revenues 12.6 14.9 (11.0)
Long-term liabilities 0.9 9.9 8.9
Other operating activities   0.2  
Net cash provided by operating activities 414.7 485.9 191.2
Investing activities      
Capital expenditures (110.8) (140.4) (79.6)
Acquisitions, net of cash   (314.3) (392.9)
Proceeds from sale of property and equipment 11.9   3.5
Proceeds from sale of businesses, net of cash 369.0 25.8 5.3
Proceeds from hedging activities   0.4  
Other investing activities     0.2
Net cash provided by (used in) investing activities 270.1 (428.5) (463.5)
Financing activities      
Net change in short-term borrowings and revolving credit lines   (357.4) 346.9
Proceeds from long-term debt   348.9  
Reductions of long-term debt (1.5)    
Debt issuance costs (0.6) (2.9) (1.8)
Redemption of Hawk bonds     (59.0)
Acquisition date value of contingent consideration settled (5.2)    
Dividends (53.7) (48.0) (43.5)
Stock options and treasury shares, net 19.5 38.8 13.8
Net cash provided by (used in) financing activities (41.5) (20.6) 256.4
Effect of exchange rate changes on cash (1.3) 1.0 1.2
Change in cash and cash equivalents 642.0 37.8 (14.7)
Cash and cash equivalents      
Beginning of period 112.5 74.7 89.4
End of period $ 754.5 $ 112.5 $ 74.7