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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows provided by (used in) operating activities    
Net earnings $ 156.7 $ 183.1
(Loss) earnings from discontinued operations, net of tax (1.5) 11.0
Net earnings from continuing operations 158.2 172.1
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:    
Depreciation 52.1 46.5
Amortization 13.4 13.5
Share-based compensation 10.0 9.8
Deferred income taxes 5.4 18.8
Pension and postretirement benefit (income) expense (2.3) 0.7
Contributions to pension and postretirement plans (11.6) (10.6)
Non-cash loss on disposal of assets 0.9 1.9
Unrealized (gain) loss on foreign currency forward contracts (5.8) 7.9
Changes in operating assets and liabilities:    
Trade accounts receivable (38.0) (50.1)
Other receivables 4.3 (5.6)
Inventories (11.8) (48.7)
Other assets (5.0) 1.1
Accounts payable 13.3 22.4
Accrued expenses (19.0) (1.6)
Income taxes payable (2.5) 4.2
Other liabilities (1.6) (10.6)
Net cash provided by operating activities of continuing operations 160.0 171.7
Net cash (used in) provided by operating activities of discontinued operations (3.2) 0.3
Net cash provided by operating activities 156.8 172.0
Cash flows used in investing activities:    
Additions to plants, equipment and facilities (96.9) (170.3)
Other investing activities, net 0.0 (0.1)
Net cash used in investing activities (96.9) (170.4)
Cash flows provided by (used in) financing activities:    
Proceeds from long-term debt 0.5 1.3
Payments on long-term debt (0.9) (0.4)
Proceeds from (Repayments of) Short-term Debt 0.0 2.9
Dividends, Cash (26.8) (17.9)
Proceeds from the exercise of stock options 9.9 14.3
Excess tax benefits from share-based payment arrangements 3.8 6.7
Net cash (used in) provided by financing activities (13.5) 6.9
Effect of currency rate changes on cash and cash equivalents (9.4) (7.7)
Increase in cash and cash equivalents 37.0 0.8
Cash and cash equivalents, beginning of period 133.9 151.8
Cash and cash equivalents, end of period $ 170.9 $ 152.6