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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows from Operating Activities:      
Net income (loss) $ 22.6 [1] $ (73.2) [2] $ (56.8)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 36.4 40.5 40.4
Non-cash employee retirement benefits (8.9) (6.9) 0
Non-cash postretirement benefits curtailment and settlement gain 45.0 0 7.0
Non-cash hourly pension plan settlement loss 0 0 29.4
Deferred income taxes (3.5) 0.1 (15.8)
Share-based compensation 0.5 (1.6) 1.5
(Gain) loss on disposal of property and equipment (0.2) (2.5) 0.6
Investment impairment 0 0 0.4
Changes in operating assets and liabilities:      
Accounts receivable (15.4) 34.9 (47.8)
Inventories 9.4 6.5 (41.1)
Payables and accrued expenses 12.4 (43.7) 22.9
Employee retirement benefits (1.7) (0.5) (4.8)
Hourly pension plan reversions 0 0 54.5
Recoverable non-income tax 1.1 41.7 (22.7)
Other 1.1 (0.6) 0.3
Cash provided by (used in) operating activities 8.8 (5.3) (46.0)
Cash Flows from Investing Activities:      
Capital expenditures (13.8) (17.7) (9.2)
Change in restricted cash and cash equivalents 7.1 3.8 0
Proceeds from sales of assets 1.0 4.8 0.2
Cash used in investing activities (5.7) (9.1) (9.0)
Cash Flows from Financing Activities:      
Proceeds from long-term debt 4.5 4.5 14.7
Payments on long-term debt (4.8) (12.1) 0
Payments on capital leases (0.1) 0 0
Proceeds from revolving credit agreement 0 15.2 0
Payments of revolving credit agreement (0.2) (5.0) 0
Debt issuance costs 0 (0.3) 0
Other borrowings (repayments), net 3.7 (1.7) 16.8
Cash provided by financing activities 3.1 0.6 31.5
Effect of Exchange Rate Changes on Cash (0.5) (2.5) (1.3)
Increase (decrease) in cash and cash equivalents 5.7 (16.3) (24.8)
Cash and Cash Equivalents:      
Beginning of Period 49.6 65.9 90.7
End of Period 55.3 49.6 65.9
Supplemental Schedule of Noncash Investing and Financing Activities:      
Cash paid for interest 9.1 9.6 8.7
Cash paid for taxes $ 0.7 $ (0.5) $ 0.2
[1] Includes curtailment gain related to termination of certain postretirement benefits for salaried employees and retirees, which resulted in a non-cash gain of $45.0 million as well as $0.1 million refund for a settlement notice and administrative costs, partially offset by $3.8 million in expense related to severance associated with reductions in work force and $0.1 million in moving costs.
[2] Includes the effects of $8.0 million in expenses related to severance associated with reductions in force, $0.1 million for additional estimated environmental reserve associated with the remediation activities at our former Tecumseh, Michigan facility and an impairment of assets for $0.4 million.