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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net income $ 134.7 $ 175.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 127.5 121.4
Excess tax benefit from share-based payment arrangements 0.0 (4.4)
Share-based compensation 13.0 13.9
Deferred income taxes 5.4 17.0
Income of unconsolidated affiliated company (2.3) (1.7)
(Gain) loss on sale or write-off of property and equipment 4.8 1.7
Changes in working capital, excluding effect of acquisitions, divestitures and currency 8.2 15.4
Changes in other assets and liabilities 8.2 9.4
Net cash provided by operating activities 299.5 348.4
Cash flows from investing activities    
Additions to property and equipment (143.0) (129.0)
Business acquisitions and adjustments, net of cash acquired (3.9) (114.5)
Proceeds from sale of property and equipment 6.5 7.3
Net cash used in investing activities (140.4) (236.2)
Cash flows from financing activities    
Proceeds from issuance of long-term debt 2.2 297.1
Repayment of long-term debt 0.0 (23.9)
Net (repayment) borrowing of commercial paper 1.0 (165.8)
Net (repayment) borrowing of short-term debt (0.4) (8.1)
Cash dividends paid to shareholders (84.0) (86.9)
Common stock purchased for the treasury (103.8) (95.4)
Excess tax benefit from share-based payment arrangements 0.0 4.4
Stock incentive programs and related tax withholdings (8.5) (14.6)
Net cash (used in) provided by financing activities (193.5) (93.2)
Effect of exchange rates on cash and cash equivalents 4.9 0.9
Net increase (decrease) in cash and cash equivalents (29.5) 19.9
Cash and cash equivalents balance at beginning of year 74.2 59.2
Cash and cash equivalents balance at end of period $ 44.7 $ 79.1