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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 161.2 $ 136.6
Net loss from discontinued operations 0.8 9.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Income from equity method investments (12.0) (10.7)
Dividends from affiliates 6.1 9.1
Restructuring expenses, net of cash paid (0.1) (1.2)
Provision for bad debts 2.8 2.7
Unrealized losses on derivative contracts 0.1 0.7
Stock-based compensation expense 17.3 20.5
Depreciation and amortization 45.2 43.1
Deferred income taxes 1.4 0.1
Other items, net 0.3 13.5
Changes in assets and liabilities, net of effects of divestitures:    
Accounts and notes receivable (104.0) (125.3)
Inventories (127.6) (76.4)
Other current assets (6.2) (13.7)
Accounts payable 51.0 29.4
Accrued expenses 18.2 20.8
Income taxes payable and receivable (21.1) 12.9
Other (9.1) 6.8
Net cash used in discontinued operations (0.8) (13.2)
Net cash provided by operating activities 23.5 65.0
Cash flows from investing activities:    
Proceeds from Sale of Other Property, Plant, and Equipment 0.2 0.1
Purchases of property, plant and equipment (59.9) (41.0)
Net proceeds from sale of business 0 8.1
Net cash used in discontinued operations 0 (0.1)
Net cash used in investing activities (59.7) (32.9)
Cash flows from financing activities:    
Short-term borrowings, net 3.4 3.8
Asset securitization borrowings 60.0 330.0
Asset securitization payments 0 (200.0)
Long-term debt payments (1.7) (0.7)
Borrowings from revolving credit facility 1,483.0 998.0
Payments on revolving credit facility (1,351.0) (1,083.5)
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Excluding Stock Options 1.5 1.3
Repurchases of common stock (100.3) (66.0)
Repurchases of common stock to satisfy employee withholding tax obligations (12.3) (7.7)
Excess tax benefits related to share-based payments 5.3 4.7
Cash dividends paid (38.2) (22.1)
Net cash provided by (used in) financing activities 49.7 (42.2)
Increase (decrease) in cash and cash equivalents 13.5 (10.1)
Effect of exchange rates on cash and cash equivalents (3.4) (3.9)
Cash and cash equivalents, beginning of period 38.0 51.8
Cash and cash equivalents, end of period 48.1 37.8
Supplemental disclosures of cash flow information:    
Interest paid 9.5 9.4
Income taxes paid (net of refunds) $ 100.4 $ 53.6