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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES      
Net income $ 165.7 $ 114.3 $ 131.5
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 31.4 31.3 31.0
Amortization of intangibles 13.7 15.2 15.6
Loss on disposal and impairment of property, plant and equipment and other 1.4 4.0 0.8
Stock-based compensation 22.9 12.7 17.8
Deferred income tax (8.2) 7.0 1.3
Changes in operating assets and liabilities, net of effects from business acquisitions and divestitures:      
Accounts receivable (30.2) 32.2 (15.0)
Inventories (113.7) 18.7 17.0
Prepaid expenses and other assets (0.8) 0.7 (1.6)
Accounts payable, accrued expenses and other liabilities 98.6 (7.3) (4.4)
Net cash provided by operating activities 180.8 228.8 194.0
INVESTING ACTIVITIES      
Additions to property, plant and equipment (26.7) (43.8) (29.2)
Proceeds from the sale of property, plant and equipment 5.1 2.2 0.1
Proceeds from the sale of business, and other   2.0  
Business acquisitions, net of cash acquired (9.1) (15.2) (42.7)
Net cash used in investing activities (30.7) (54.8) (71.8)
FINANCING ACTIVITIES      
Proceeds from long-term borrowings 40.0 407.5 82.0
Payments of long-term debt (95.0) (517.5) (127.0)
Payments for withholding taxes on vested awards (9.6) (7.8) (7.4)
Payments for finance leases and other (1.4) (2.1) (1.6)
Payments on contractual call option     (2.8)
Proceeds from share transactions under employee stock plans 0.1 0.5 2.1
Debt issuance costs (2.4) (2.2)  
Payments to repurchase common stock (16.0) (28.9) (19.5)
Dividends (34.3) (31.4) (31.4)
Net cash used in financing activities (118.6) (181.9) (105.6)
Effect of exchange rate changes on cash and cash equivalents (8.4) 7.1 (1.0)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 23.1 (0.8) 15.6
Cash and cash equivalents at beginning of year 218.9 219.7 204.1
CASH AND CASH EQUIVALENTS AT END OF YEAR 242.0 218.9 219.7
Acquisition of businesses:      
Fair value of assets acquired 12.1 20.4 43.3
Cash paid, net of cash acquired 9.1 15.2 42.7
Liabilities assumed 3.1 5.2 0.6
Issuance of stock under management stock purchase plan 0.6 0.6 1.8
CASH PAID FOR:      
Interest 6.9 12.2 17.1
Income taxes $ 73.0 $ 45.6 $ 50.8