XML 18 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Oct. 01, 2017
Operating Activities:    
Consolidated net income $ 129.2 $ 122.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 71.0 67.0
Non-cash debt modification fees 0.0 1.8
Non-cash pension settlement costs 3.6 0.0
Other non-cash items 0.0 8.9
Pension plan funding (18.6) (5.4)
Net changes in operating assets and liabilities (51.8) (44.0)
Net cash provided by operating activities 133.4 150.6
Investing Activities:    
Purchases of property, plant and equipment, net (56.4) (54.2)
Acquisition of business, net of cash acquired (122.5) 0.0
Proceeds from sales of assets 0.4 1.3
Proceeds from sale of short-term investments 3.3 2.8
Purchases of short-term investments (5.6) (3.5)
Other investing activities (0.1) (0.9)
Net cash used in investing activities (180.9) (54.5)
Financing Activities:    
Debt issuance costs (1.4) 0.0
Repayment of long-term debt (27.4) (84.9)
Issuance of short-term debt 113.0 0.0
Repayment of short-term debt (11.0) (0.2)
Purchase of common shares for treasury (16.4) (0.7)
Proceeds from issuance of stock under option plan 2.2 14.4
Excess tax benefits related to stock incentive programs (3.1) (3.6)
Dividends paid to non-controlling interests (1.6) (2.4)
Capital contribution by non-controlling interests 3.7 0.0
Cash dividends paid (5.3) (5.3)
Net cash provided by (used in) financing activities 52.7 (82.7)
Effect of exchange rate changes on cash and cash equivalents (10.5) 9.8
Net increase (decrease) in cash and cash equivalents (5.3) 23.2
Cash and cash equivalents at beginning of period 212.2 [1] 188.5
Cash and cash equivalents at end of period 206.9 [2] 211.7
Supplemental disclosure of cash flow information:    
Interest paid 34.6 28.9
Income taxes paid $ 28.9 $ 35.5
[1] Condensed from audited financial statements
[2] Unaudited