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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net income $ 60.4 $ 47.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 41.2 43.2
Share-based compensation 3.7 4.8
Deferred income taxes 1.7 0.7
Income of unconsolidated affiliated company (0.6) (0.8)
(Gain) loss on sale or write-off of property and equipment 0.3 0.1
Changes in working capital, excluding effect of acquisitions, divestitures and currency (102.1) (40.8)
Changes in other assets and liabilities (3.1) (0.5)
Net Cash Provided by (Used in) Operating Activities 1.5 54.3
Cash flows from investing activities    
Additions to property and equipment (28.6) (46.2)
Proceeds from sale of property and equipment 0.2 0.1
Net Cash Provided by (Used in) Investing Activities (28.4) (46.1)
Cash flows from financing activities    
Repayment of long-term debt (0.4) (0.3)
Net (repayment) borrowing of commercial paper 43.2 9.3
Net (repayment) borrowing of short-term debt 2.4 3.3
Cash dividends paid to shareholders (30.3) (29.2)
Stock incentive programs and related tax withholdings (6.5) (5.6)
Net Cash Provided by (Used in) Financing Activities 8.4 (22.5)
Effect of Exchange Rate on Cash and Cash Equivalents 0.1 2.9
Cash and Cash Equivalents, Period Increase (Decrease) (18.4) (11.4)
Cash and cash equivalents balance at beginning of year 76.1 71.1
Cash and cash equivalents balance at end of period $ 57.7 $ 59.7