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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities:    
Net income $ 56.3 $ 105.7
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 44.3 37.2
Stock-based compensation 2.4 2.6
Deferred income taxes 41.4 8.3
Provision for allowances, claims, and doubtful accounts 2.5 1.5
Restructuring and other charges 1.7 2.7
Gain on insurance settlement (1.5)  
Gain on bargain purchase   (73.2)
Loss on retirement of debt 0.2  
Non-cash loss from derivatives 8.2 0.1
Other items 0.8 0.5
Change in operating assets and liabilities:    
Receivables 12.4 (148.9)
Inventories (5.1) (116.4)
Other assets 4.3 (1.0)
Accounts payable (1.6) 117.9
Accrued liabilities (3.8) 33.1
Accrued taxes payable/receivable (8.3) (1.1)
Deferred employee benefit costs (23.7) (31.4)
Net adjustments 74.2 (168.1)
Net cash provided by (used in) operating activities 130.5 (62.4)
Investing activities:    
Acquisitions, net of cash acquired   (173.5)
Capital expenditures (32.5) (29.7)
Proceeds from sale of property, plant, and equipment 8.8 0.7
Proceeds from insurance settlement 1.8 2.0
Net cash used in investing activities (21.9) (200.5)
Financing activities:    
Repayment of debt (12.3) (0.1)
Net proceeds (repayments) of short-term borrowings (107.4) 209.6
Purchase of subsidiary shares from noncontrolling interest   (0.2)
Credit facility amendment costs   (0.6)
Net increase in book overdrafts 12.6 15.6
Principal payments on finance lease obligations (9.8) (10.5)
Contingent payment related to acquisition (1.3) (0.2)
Proceeds from sale-leaseback transactions 8.3 4.5
Net cash provided by (used in) financing activities (109.9) 218.1
Net decrease in cash, cash equivalents, and restricted cash (1.3) (44.8)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (0.1) (2.0)
Net change in cash, cash equivalents, and restricted cash (1.4) (46.8)
Cash, cash equivalents, and restricted cash—beginning of period 24.3 78.5
Cash, cash equivalents, and restricted cash—end of period 22.9 31.7
Cash paid (received) during the period for:    
Interest paid to third parties, net 51.1 50.0
Income taxes, net (7.2) 1.5
Noncash investing activities:    
Asset additions under adoption of accounting principal ASC 842 82.3  
Asset additions under operating leases 12.5  
Asset additions under finance leases and sale-leasebacks 1.2 9.9
Asset additions under financing arrangements 2.2 $ 4.2
Noncash financing activities:    
Short term debt converted to finance lease $ 7.6