Revision to Statement of Cash Flows

3 Months Ended

Sep. 30, 2014

Revision to Statement of Cash Flows

Revision to Statement of Cash Flows

2.Revision to Statement of Cash Flows

During the third quarter of fiscal year 2014, the Company identified an error in the classification of amounts reported in previously reported statements of cash flows. The classification error is related to the reporting of purchases of property, equipment and software that should be adjusted for amounts not yet paid in cash as of the balance sheet date, which were incorrectly reflected as cash used in investing activities and cash provided from operating activities. The Company assessed the materiality of this classification error and determined that the classification error is not material to any previously reported financial statements. The revision of prior reported amounts has no impact on the reported change in cash and cash equivalents or amounts reported in the consolidated balance sheets, statements of income, statements of comprehensive income or statements of changes in equity. The effects of the revisions to the statement of cash flows for the three months ended September 30, 2013 are presented in the following table:

($ in millions)	As Reported			Revision Impact			As Revised
Net cash provided from (used for) operating activities	$	64.0		$	(24.5	)	$	39.5
Net cash (used for) provided from investing activities	(114.9		)	24.5			(90.4		)
Net cash used for financing activities	(6.1		)	—			(6.1		)
Effect of exchange rate changes on cash and cash equivalents	0.5			—			0.5
Decrease in cash and cash equivalents	$	(56.5	)	$	—		$	(56.5	)