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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Statement of Cash Flows [Abstract]    
Net earnings (loss) $ 158.7 $ (7.2)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities    
Depreciation and amortization 107.3 98.4
Share-based incentive compensation 24.0 22.9
Profit sharing expense 15.3 16.1
Provisions for bad debt 2.6 1.9
Provisions for inventory obsolescence 6.8 0.0
Deferred taxes, net (4.3) 50.8
Net loss (gain) on sale of business 10.6 (41.3)
Other non-cash items 10.4 24.9
Changes in operating assets and liabilities:    
Trade receivables, net (2.5) (31.0)
Inventories, net (44.0) (113.2)
Accounts payable (56.2) 45.0
Income tax receivable/payable 16.6 55.3
Other assets and liabilities 5.9 27.4
Net cash provided by operating activities 251.2 150.0
Cash flows from investing activities:    
Capital expenditures (141.6) (114.8)
Payments related to sale of business and property and equipment, net (2.7) (13.0)
Businesses acquired, net of cash acquired (452.6) (67.8)
Investment in equity investments 0.0 (7.5)
Investment in marketable securities (10.3) 0.0
Settlement of foreign currency forward contracts (8.2) (5.5)
Other investing activities 0.0 (2.6)
Net cash used in investing activities (615.4) (211.2)
Cash flows from financing activities:    
Proceeds from long-term debt 474.6 0.0
Net proceeds (payments) from short-term borrowings (19.7) 295.8
Payments of debt modification/extinguishment costs 0.0 (6.1)
Dividends paid on common stock (74.4) (79.3)
Impact of tax withholding on share-based compensation (10.8) (7.8)
Repurchases of common stock (67.3) (534.3)
Other financing activities (7.0) (2.5)
Net cash provided by (used in) financing activities 295.4 (334.2)
Effect of foreign currency exchange rate changes on cash and cash equivalents (2.9) (7.3)
Cash and cash equivalents 271.7 594.0
Restricted cash and cash equivalents 0.0 0.0
Balance, beginning of period 271.7 594.0
Net change during the period (71.7) (402.7)
Cash and cash equivalents 200.0 191.3
Restricted cash and cash equivalents 0.0 0.0
Balance, end of period 200.0 191.3
Supplemental Cash Flow Information:    
Interest payments, net of amounts capitalized 138.7 137.4
Income tax payments, net of cash refunds 46.7 137.5
Payments related to the sale of Diversey 0.0 44.9
Restructuring payments including associated costs 76.9 7.4
Non-cash items:    
Transfers of shares of common stock from treasury for 2018 and 2017 profit-sharing contributions $ 21.9 $ 23.8