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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities      
Net income $ 250.1 $ 319.7 $ 251.3
Reconciliation of net income to cash flows provided by operating activities:      
Depreciation 75.1 73.5 64.7
Amortization 62.7 55.8 39.3
Impairment charges 141.5    
Stock-based compensation, net of tax benefit (2.6) 2.7 3.3
Deferred taxes (25.0) (15.8) (9.9)
Other operating activities, net (6.0) (1.3) (2.4)
Changes in assets and liabilities, excluding effects of acquisitions:      
Receivables 0.3 (11.8) (18.1)
Inventories (12.2) 23.0 (27.7)
Prepaid expenses and other assets (9.2) 6.7 (5.5)
Accounts payable 21.6 (2.9) (5.1)
Accrued expenses and deferred revenues 34.8 78.4 14.5
Other long-term liabilities 0.1 1.2 (8.5)
Net cash provided by operating activities 531.2 529.2 295.9
Investing activities      
Capital expenditures (108.8) (72.1) (118.8)
Acquisitions, net of cash acquired (185.5) (598.9) (194.0)
Other investing activities, net 0.9 0.2 15.0
Net cash used in investing activities (293.4) (670.8) (297.8)
Financing activities      
Repayments of borrowings (150.0) (1.5) (1.5)
Dividends paid (84.5) (72.3) (61.2)
Proceeds from exercise of stock options, net 48.4 39.4 42.5
Repurchases of common stock (75.0) (137.2)  
Other financing activities, net   (1.4)  
Net cash used in financing activities (261.1) (173.0) (20.2)
Effect of foreign currency exchange rate changes on cash and cash equivalents (2.1) (5.5) (1.6)
Change in cash and cash equivalents (25.4) (320.1) (23.7)
Cash and cash equivalents      
Beginning of period 410.7 730.8 754.5
End of period $ 385.3 $ 410.7 $ 730.8