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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 143.6 $ 95.6 $ 127.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 88.1 86.1 84.8
Amortization 2.6 3.8 5.2
Stock-based compensation 19.5 29.6 18.6
Non-cash restructuring charges 17.5 0.0 0.0
Net Gain Due to Curtailments (2.1) 0.0 0.0
Pension settlement charge 0.0 50.4 0.0
Loss on sales of equipment 0.7 0.4 0.3
Deferred income taxes 21.5 (8.9) 7.0
Pension and other retirement plans, net (6.5) (28.8) (25.0)
Equity in undistributed earnings of affiliates, net of dividends (6.8) (5.0) (4.5)
Changes in assets/liabilities, net of acquisitions:      
Increase in accounts receivable (23.3) (14.1) (6.3)
Increase in inventories (21.2) (11.4) (16.2)
Increase in other current assets (2.4) (2.6) (11.7)
Increase (decrease) in accounts payable 6.1 17.2 (3.5)
Changes in other assets and liabilities (17.9) 0.1 7.1
Net cash provided by operating activities 219.4 212.4 182.9
Cash flows from investing activities:      
Capital expenditures (170.2) (131.6) (111.9)
Acquisition of patents and other long-term assets 0.0 0.0 (0.2)
Sales and maturities of short-term investments 0.0 0.0 16.8
Purchases of short-term investments 0.0 0.0 (9.3)
Payments to Acquire Other Investments (8.4) (1.5) (0.5)
Other, net 2.8 3.6 1.1
Net cash used in investing activities (175.8) (129.5) (104.0)
Cash flows from financing activities:      
Borrowings under revolving credit agreements 0.0 71.4 263.4
Repayments under revolving credit agreements 0.0 (71.4) (283.4)
Debt issuance costs 0.0 (1.0) 0.0
Repayments of long-term debt (69.8) (27.4) (2.3)
Dividend payments (35.8) (32.4) (29.1)
Contingent consideration payments (0.3) (0.1) (0.3)
Proceeds from exercise of stock options and stock appreciation rights 25.9 12.7 14.3
Employee stock purchase plan contributions 3.8 3.2 2.8
Excess tax benefit from employee stock plans 18.2 9.1 7.9
Payments for Repurchase of Common Stock (52.2) 0.0 0.0
Shares repurchased for employee tax withholdings (3.7) (5.6) (4.1)
Net cash used in financing activities (113.9) (41.5) (30.8)
Effect of exchange rates on cash (1.3) (22.1) (22.8)
Net increase in cash and cash equivalents (71.6) 19.3 25.3
Cash, including cash equivalents at beginning of period 274.6 255.3 230.0
Cash, including cash equivalents at end of period 203.0 274.6 255.3
Supplemental cash flow information:      
Interest paid, net of amounts capitalized 8.6 14.7 16.7
Income taxes paid, net 48.1 33.1 37.4
Accrued capital expenditures 22.7 25.0 21.0
Dividends declared, not paid $ 9.5 $ 8.6 $ 7.8