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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net income attributable to common shareholders $ 63.1 $ 55.0
Noncontrolling interests in subsidiaries' earnings (0.2) (0.2)
Net income before allocation to noncontrolling interests 63.3 55.2
Depreciation and amortization 17.4 16.5
Stock-based compensation expense 5.6 6.1
Defined benefit plans and postretirement (benefit) expense (2.1) (2.4)
Deferred income taxes (0.1) 5.3
Cash used for working capital 62.8 82.0
Defined benefit plans and postretirement contributions (2.1) (2.2)
Payments for Environmental Liabilities (2.0) (2.0)
Payments for asbestos-related fees and costs, net of insurance recoveries (14.7) (10.8)
Other 1.0 (1.7)
Total provided by operating activities 3.5 (18.0)
Investing activities:    
Capital expenditures (9.6) (11.0)
Proceeds from disposition of capital assets 0.0 0.5
Total used for investing activities (9.6) (10.5)
Financing activities:    
Dividends paid (19.6) (19.2)
Exercise of stock options, net of shares acquired 12.8 (1.4)
Proceeds received from credit facility 0.0 28.5
Total provided by financing activities (6.8) 7.9
Effect of exchange rates on cash and cash equivalents 8.0 11.1
Increase (Decrease) in cash and cash equivalents (4.9) (9.5)
Cash and cash equivalents at beginning of period 509.7 363.5
Cash and cash equivalents at end of period 504.8 354.0
Detail of cash used for working capital:    
Accounts receivable (19.6) (28.8)
Inventories (12.2) (21.9)
Other current assets 0.0 (2.9)
Accounts payable (25.0) (26.4)
Accrued liabilities (22.9) (6.9)
U.S. and foreign taxes on income 16.9 4.9
Total (62.8) (82.0)
Supplemental disclosure of cash flow information:    
Interest paid 0.7 0.8
Income taxes paid $ 7.9 $ 11.5