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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 62.2 $ 95.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 63.6 63.9
Amortization 3.0 4.1
Stock-based compensation 24.4 12.5
Pension settlement charge 49.0  
Other non-cash items, net (2.7) (3.1)
Changes in assets and liabilities (55.1) (36.2)
Net cash provided by operating activities 144.4 136.9
Cash flows from investing activities:    
Capital expenditures (86.8) (84.8)
Purchases of short-term investments 0.0 (9.3)
Sales and maturities of short-term investments 0.0 16.8
Other, net 1.2 (0.4)
Net cash used in investing activities (85.6) (77.7)
Cash flows from financing activities:    
Borrowings under revolving credit agreements 57.4 222.4
Repayments under revolving credit agreements (57.4) (242.4)
Repayments of long-term debt (26.7) (1.7)
Dividend payments (23.7) (21.2)
Excess tax benefit from employee stock plans 4.2 5.5
Shares repurchased for employee tax withholdings (5.6) (4.1)
Proceeds from exercise of stock options and stock appreciation rights 9.7 10.5
Employee stock purchase plan contributions 2.3 2.2
Contingent consideration payments (0.1) (0.2)
Net cash used in financing activities (39.9) (29.0)
Effect of exchange rates on cash (17.4) (13.4)
Net increase in cash and cash equivalents 1.5 16.8
Cash and cash equivalents at beginning of period 255.3 230.0
Cash and cash equivalents at end of period $ 256.8 $ 246.8