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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flow From Operating Activities    
Net Income $ 180.9 $ 191.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 29.6 29.4
Amortization expense 21.8 16.3
Deferred income taxes 10.6 8.9
Equity in net earnings of affiliates (5.5) (4.5)
Distributions from unconsolidated affiliates 5.4 4.3
Non-cash pension settlement charge 8.4 0.0
Non-cash compensation expense 12.4 12.8
Asset impairment charge and other asset write-offs 17.4 5.5
Other 0.8 (0.2)
Change in assets and liabilities:    
Accounts receivable (22.9) (10.2)
Inventories (27.6) (18.8)
Other current assets 0.8 (13.8)
Accounts payable and accrued expenses 12.6 (11.1)
Income taxes payable 20.1 14.4
Excess tax benefit on stock options exercised (10.7) (12.4)
Other operating assets and liabilities, net (5.7) (5.2)
Net Cash Provided By Operating Activities 248.4 206.8
Cash Flow From Investing Activities    
Additions to property, plant and equipment (34.0) (17.1)
Acquisition (74.9) 0.0
Other (2.0) (0.9)
Net Cash Used In Investing Activities (110.9) (18.0)
Cash Flow From Financing Activities    
Short-term debt borrowings (repayments) (23.0) (0.9)
Proceeds from stock options exercised 15.7 17.9
Excess tax benefit on stock options exercised 10.7 12.4
Payment of cash dividends (87.5) (84.6)
Purchase of treasury stock (263.1) (435.0)
Other (0.7) (0.1)
Net Cash Used In Financing Activities (347.9) (490.3)
Effect of exchange rate changes on cash and cash equivalents (9.4) 1.5
Net Change In Cash and Cash Equivalents (219.8) (300.0)
Cash and Cash Equivalents at Beginning of Period 423.0 496.9
Cash and Cash Equivalents at End of Period 203.2 196.9
Cash paid during the year for:    
Interest (net of amounts capitalized) 14.5 12.5
Income taxes 76.8 89.3
Supplemental disclosure of non-cash investing activities:    
Property, plant and equipment expenditures included in Accounts Payable $ 4.5 $ 5.1