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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities:      
Consolidated net income $ 173.2 $ 199.0 $ 137.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 94.3 91.0 91.9
Loss on disposal of property, plant and equipment 2.8 1.8 1.9
Deferred income taxes 15.4 (76.1) (10.9)
Pension amortization and settlement loss 13.4 7.4 7.9
Provision for bad debts 3.2 3.8 6.2
Stock-based compensation 6.2 8.1 6.3
Asset impairment charge 0.7 5.3 18.5
Non-cash debt modification costs 0.0 1.8 0.0
Other non-cash items (3.5) (1.7) (3.1)
Changes in operating assets and liabilities      
Accounts receivable (3.0) (27.3) (4.9)
Inventories (14.7) (25.2) 3.1
Pension plan funding (24.2) (10.8) (10.5)
Accounts payable (11.2) 28.0 (4.8)
Restructuring liabilities (4.9) 4.5 (4.3)
Income taxes payable (7.4) (12.6) 5.4
Prepaid expenses and other (36.7) 10.6 (14.7)
Net cash provided by operating activities 203.6 207.6 225.1
Investing Activities:      
Purchases of property, plant and equipment (75.9) (76.7) (62.4)
Acquisition of business, net of cash acquired (122.5) 0.0 0.0
Proceeds from sales of assets 0.9 1.4 1.4
Purchases of short-term investments (7.7) (4.5) (6.7)
Proceeds from sale of short-term investments 6.1 3.8 8.0
Other investing activities (0.9) (1.5) (1.9)
Net cash used in investing activities (200.0) (77.5) (61.6)
Financing Activities:      
Debt issuance costs (1.5) 0.0 0.0
Proceeds from issuance of long-term debt 0.0 0.0 7.2
Repayment of long-term debt (66.3) (118.9) (193.2)
Proceeds from issuance of short-term debt 113.0 0.0 0.0
Repayment of short-term debt (14.0) (0.2) (0.1)
Purchase of common shares for treasury (21.7) (0.7) (2.6)
Proceeds from issuance of stock under option plan 3.0 14.6 5.5
Excess tax benefits related to stock incentive programs (3.1) (3.6) 0.3
Dividends paid to non-controlling interests (1.8) (2.4) (4.9)
Capital contribution by non-controlling interests 3.7 0.0 0.0
Cash dividends paid (7.1) (7.0) (7.0)
Net cash used in financing activities 4.2 (118.2) (194.8)
Effect of exchange rate changes on cash and cash equivalents (11.2) 11.8 (9.6)
Net increase (decrease) in cash and cash equivalents (3.4) 23.7 (40.9)
Cash and cash equivalents at beginning of period 212.2 188.5 229.4
Cash and cash equivalents at end of period 208.8 212.2 188.5
Non-cash financing activities      
Treasury stock purchases settled after period end $ 0.3 $ 0.0 $ 0.0