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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES    
Net earnings $ 26.9 $ 25.8
Adjustments to reconcile net earnings to net cash used in operating activities:    
Impairment charges - net 0.3 0.6
Depreciation and amortization 96.1 211.0
Provision for doubtful accounts receivable 1.4 12.5
Share-based compensation 4.3 10.0
Deferred income taxes (5.3) (20.8)
Changes in uncertain tax positions 0.4 (1.4)
Gain on investments and other assets - net (2.4) (12.4)
Realized gain on disposition of available-for-sale securities - net (40.8)  
Loss on debt extinguishments 13.6  
Net pension and other postretirement benefits plan income (7.3) (38.1)
Loss on pension settlement   96.9
Other 9.3 3.3
Changes in operating assets and liabilities - net of dispositions:    
Accounts receivable - net 69.8 14.2
Inventories (8.0) (3.3)
Prepaid expenses and other current assets (6.9) (10.8)
Accounts payable (111.2) (274.5)
Income taxes payable and receivable (3.4) (15.2)
Accrued liabilities and other (79.6) (84.9)
Pension and other postretirement benefits plan contributions (9.0) (13.2)
Net cash used in operating activities (51.8) (100.3)
INVESTING ACTIVITIES    
Capital expenditures (54.2) (101.4)
Disposition of businesses   13.4
Proceeds from sales of investments and other assets 126.7 3.1
Transfers from restricted cash 0.7 14.9
Other investing activities   (2.1)
Net cash provided by (used in) investing activities 73.2 (72.1)
FINANCING ACTIVITIES    
Net change in short-term debt 12.3 0.9
Payments of current maturities and long-term debt (200.4) (2.9)
Payments on Credit Agreement borrowings (655.0)  
Proceeds from Credit Agreement borrowings 820.0  
Net proceeds from credit facility borrowings   185.0
Dividends paid (19.6) (108.7)
Net transfer of cash and cash equivalents to LSC and Donnelley Financial (78.0)  
Other financing activities (1.6) 1.9
Net cash (used in) provided by financing activities (122.3) 76.2
Effect of exchange rate on cash and cash equivalents 7.4 (2.8)
Net decrease in cash and cash equivalents (93.5) (99.0)
Cash and cash equivalents at beginning of year 317.5 389.6
Cash and cash equivalents at end of period 224.0 290.6
SUPPLEMENTAL NON-CASH DISCLOSURE:    
Assumption of warehousing equipment related to customer contract   $ 8.8
Debt-for-equity exchange $ 130.5