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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Statement of Cash Flows [Abstract]    
Proceeds received from issuance of long-term debt $ 550.0 $ 0.0
Proceeds from Short-term Debt 100.0 0.0
Repayment of long-term debt (450.0) 0.0
Repayments of Short-term Debt (100.0) 0.0
Business Combination, Integration Related Costs 9.2 2.6
Payments to Acquire Businesses, Net of Cash Acquired (672.3) (54.1)
Operating activities:    
Net income attributable to common shareholders 149.4 132.3
Noncontrolling interests in subsidiaries' earnings 0.0 (0.3)
Net income before allocation to noncontrolling interests 149.4 132.6
Depreciation and amortization 56.3 35.5
Stock-based compensation expense 11.2 11.1
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (7.7) (4.2)
Deferred income taxes 11.0 10.0
Cash used for working capital 45.8 83.1
Defined benefit plans and postretirement contributions (16.5) (3.8)
Payments for Environmental Liabilities (4.2) (2.7)
Payments for asbestos-related fees and costs, net of insurance recoveries (34.9) (28.2)
Other 12.6 3.2
Total provided by operating activities 131.4 70.4
Investing activities:    
Capital expenditures (44.0) (20.8)
Proceeds from disposition of capital assets 0.5 0.0
Total used for investing activities (715.8) (74.9)
Financing activities:    
Dividends paid (41.8) (39.3)
Payments for Repurchase of Common Stock (25.0)  
Exercise of stock options, net of shares acquired 5.0 17.8
Proceeds from Issuance of Commercial Paper 171.4 0.0
Proceeds received from credit facility (5.4) 0.0
Total provided by financing activities 204.2 (21.5)
Effect of exchange rates on cash and cash equivalents (7.8) 25.6
Increase (Decrease) in cash and cash equivalents (388.0) (0.4)
Cash and cash equivalents at beginning of period 706.2 509.7
Cash and cash equivalents at end of period 318.2 509.3
Detail of cash used for working capital:    
Accounts receivable (17.3) (25.8)
Inventories (31.8) (13.3)
Other current assets (11.8) (0.7)
Accounts payable (22.1) (21.0)
Accrued liabilities 37.8 (27.5)
U.S. and foreign taxes on income (0.6) 5.2
Total (45.8) (83.1)
Supplemental disclosure of cash flow information:    
Interest paid 21.9 17.7
Income taxes paid $ 29.5 $ 39.9