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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES    
Net income (loss) $ 24.2 $ (34.3)
Less: Income from discontinued operations 6.3 8.5
Income (loss) from continuing operations 17.9 (42.8)
Reconciliation to net cash used in operating activities:    
Depreciation and amortization 21.1 20.8
Amortization of debt discount and financing costs 0.7 0.9
Stock-based compensation expense 5.0 5.3
Unrealized gain on foreign currency 0.0 (0.8)
Gain on termination and curtailment of pension and other postretirement benefit plans 0.0 (0.1)
Deferred income taxes (15.5) (6.0)
Loss on debt refinancing 0.0 59.8
Gain on disposal of property and equipment (0.2) (1.1)
Changes in assets and liabilities, excluding effect of currency translation:    
Trade accounts receivable 9.5 (3.3)
Inventories (6.8) (10.7)
Accounts payable (17.6) 5.2
Pension assets and liabilities, net 2.5 (0.4)
Other assets and liabilities, net (17.3) (36.4)
Net cash used in operating activities from continuing operations (0.7) (9.6)
Net cash used in operating activities from discontinued operations (12.4) (124.9)
Net cash used in operating activities (13.1) (134.5)
INVESTING ACTIVITIES    
Capital expenditures (27.7) (27.6)
Businesses acquired, net of cash acquired 0.0 (29.8)
Other investing activities 0.5 (2.8)
Net cash used in investing activities from continuing operations (27.2) (60.2)
Net cash used in investing activities from discontinued operations (0.4) (0.2)
Net cash used in investing activities (27.6) (60.4)
FINANCING ACTIVITIES    
Borrowings under credit arrangements 0.0 53.5
Repayments under credit arrangements (7.6) (58.4)
Proceeds from issuance of long term note obligations 0.0 350.0
Payments on finance lease obligations (0.4) 0.0
Repayments of long term note obligations 0.0 (578.3)
Cash paid for debt financing costs 0.0 (6.9)
Payments of tax withholding obligations related to employee equity awards (3.2) (1.3)
Proceeds from exercise of stock options 5.0 5.1
Other financing activities 0.0 (0.2)
Net cash used in financing activities (6.2) (236.5)
Effect of currency exchange rate changes on cash and cash equivalents 0.6 (0.8)
Decrease in cash and cash equivalents (46.3) (432.2)
Cash and cash equivalents, beginning of period 326.1 721.5
Cash and cash equivalents, end of period $ 279.8 $ 289.3