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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 230.7 $ 126.3
Adjustments to Reconcile Net Income to Net Cash Used in Operating Activities:    
Depreciation and Amortization 331.8 237.2
Deferred Income Taxes 19.9 51.2
Amount of Postretirement Expense Less Than Funding (2.6) (39.6)
Gain on the Sale of Assets (38.6) 0.0
Other, Net 31.6 (3.1)
Changes in Operating Assets and Liabilities (872.8) (490.3)
Net Cash Used in Operating Activities (300.0) (118.3)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital Spending (258.6) (185.8)
Packaging Machinery Spending (11.4) (12.0)
Acquisition of Businesses, Net of Cash Acquired (89.0) (120.9)
Proceeds Received from the Sale of Assets, Net of Selling Costs 49.4 0.0
Beneficial Interest on Sold Receivables 902.8 440.4
Beneficial Interest Obtained in Exchange for Proceeds (226.9) (15.6)
Other, Net (6.0) (0.4)
Net Cash Provided by Investing Activities 360.3 105.7
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of Common Stock 0.0 (62.1)
Payments on Debt (143.3) (18.8)
Borrowings under Revolving Credit Facilities 1,297.5 814.0
Payments on Revolving Credit Facilities (1,148.5) (695.8)
Repurchase of Common Stock related to Share-Based Payments (4.1) (10.1)
Debt Issuance Costs (7.9) 0.0
Dividends and Distributions Paid (82.1) (70.2)
Other, Net 1.2 11.4
Net Cash Used in Financing Activities (87.2) (31.6)
Effect of Exchange Rate Changes on Cash (0.8) 2.3
Net Decrease in Cash and Cash Equivalents (27.7) (41.9)
Cash and Cash Equivalents at Beginning of Period 67.4 59.1
CASH AND CASH EQUIVALENTS AT END OF PERIOD 39.7 17.2
Non-cash Investing Activities:    
Beneficial Interest Obtained in Exchange for Trade Receivables 874.6 430.4
Non-cash Investment in NACP Combination 1,235.7 0.0
Non-cash Investing Activities 2,110.3 430.4
Non-cash Financing Activities:    
Non-cash Financing of NACP Combination 660.0 0.0
Non-Cash Financing Activities $ 660.0 $ 0.0