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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities    
Net income $ 151.8 $ 134.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 126.5 127.5
Share-based compensation 14.6 13.0
Deferred income taxes 8.8 5.4
Income of unconsolidated affiliated company (1.9) (2.3)
Proceeds from Equity Method Investment, Distribution 2.7 0.0
(Gain) loss on sale or write-off of property and equipment 1.9 4.8
Changes in working capital, excluding effect of acquisitions, divestitures and currency (9.5) 8.2
Changes in other assets and liabilities 8.2 8.2
Net Cash Provided by (Used in) Operating Activities 303.1 299.5
Cash flows from investing activities    
Additions to property and equipment (113.0) (143.0)
Business acquisitions and adjustments, net of cash acquired 0.0 (3.9)
Proceeds from sale of property and equipment 1.8 6.5
Net Cash Provided by (Used in) Investing Activities (111.2) (140.4)
Cash flows from financing activities    
Proceeds from issuance of long-term debt 0.0 2.2
Repayment of long-term debt (3.8) 0.0
Net (repayment) borrowing of commercial paper (99.5) 1.0
Net (repayment) borrowing of short-term debt (4.3) (0.4)
Cash dividends paid to shareholders (85.6) (84.0)
Common stock purchased for the treasury 0.0 (103.8)
Stock incentive programs and related tax withholdings (5.7) (8.5)
Net Cash Provided by (Used in) Financing Activities (198.9) (193.5)
Effect of Exchange Rate on Cash and Cash Equivalents (1.8) 4.9
Cash and Cash Equivalents, Period Increase (Decrease) (8.8) (29.5)
Cash and cash equivalents balance at beginning of year 71.1 74.2
Cash and cash equivalents balance at end of period $ 62.3 $ 44.7