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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities:      
Net income (loss) $ (627.1) $ (365.9) $ 9.6
Adjustments to reconcile net income (loss) to net cash provided by (used in)operating activities:      
Depreciation and amortization 170.3 189.9 176.8
Deferred taxes (119.8) (118.0) 31.7
Impairment of goodwill 0.0 126.6 0.0
Non-cash restructuring charges 471.3 54.5 0.0
Change in operating assets and liabilities:      
Retirement benefits (a) (80.0) [1] 14.3 3.1
Accounts receivable (51.8) 203.3 (70.3)
Inventories 234.7 201.2 (143.7)
Accounts payable (51.2) (211.3) 82.1
Accrued income taxes 9.3 55.8 (37.5)
Accrued liabilities and other 0.6 (19.0) 4.1
Cash provided by (used in) operating activities (43.7) 131.4 55.9
Investing Activities:      
Purchases of property, plant and equipment (202.2) (144.5) (225.7)
Purchases of businesses, net of cash acquired 0.0 (0.5) (92.9)
Asset disposals and other 2.2 (0.1) 2.4
Cash flows provided by (used in) investing activities (200.0) (145.1) (316.2)
Financing Activities:      
Borrowings on long-term debt 387.5 0.0 0.0
Payments on long-term debt and capital leases (2.7) (23.6) (414.9)
Net borrowings under credit facilities 3.1 1.5 0.0
Debt issuance costs (10.4) 0.0 (1.2)
Dividends paid to shareholders (25.8) (66.5) (77.1)
Dividends paid to noncontrolling interests (16.0) (16.0) 0.0
Acquisition of noncontrolling interests (12.2) 0.0 0.0
Shares repurchased for income tax withholding on share-based compensation 0.0 (1.4) (3.9)
Exercises of stock options and other 0.0 0.0 0.1
Cash provided by (used in) financing activities 323.5 (106.0) (497.0)
Increase (decrease) in cash and cash equivalents 79.8 (119.7) (757.3)
Cash and cash equivalents at beginning of year 149.8 269.5 1,026.8
Cash and cash equivalents at end of year $ 229.6 $ 149.8 $ 269.5
[1] Includes a $(115) million contribution to the U.S. defined benefit pension plan in 2016.