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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flow From Operating Activities    
Net Income $ 301.3 $ 307.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 44.1 43.3
Amortization expense 32.2 24.4
Deferred income taxes 20.4 10.5
Equity in net earnings of affiliates (9.0) (7.9)
Distributions from unconsolidated affiliates 9.8 8.4
Non-cash pension settlement charge 8.4 0.0
Non-cash compensation expense 14.2 15.0
Asset impairment charge and other asset write-offs 17.9 5.6
Other 5.1 1.1
Change in assets and liabilities:    
Accounts receivable (20.1) 5.0
Inventories (36.5) (10.0)
Other current assets 2.7 2.1
Accounts payable and accrued expenses (3.1) (2.6)
Income taxes payable 41.7 26.4
Excess tax benefit on stock options exercised (13.6) (14.6)
Other operating assets and liabilities, net (6.7) (5.3)
Net Cash Provided By Operating Activities 408.8 408.7
Cash Flow From Investing Activities    
Additions to property, plant and equipment (44.7) (36.2)
Acquisitions (74.9) (216.1)
Other (3.0) (1.3)
Net Cash Used In Investing Activities (122.6) (253.6)
Cash Flow From Financing Activities    
Short-term debt borrowings (repayments) (121.7) 250.4
Proceeds from stock options exercised 23.3 24.5
Excess tax benefit on stock options exercised 13.6 14.6
Payment of cash dividends (131.4) (126.0)
Purchase of treasury stock (263.1) (435.0)
Other (1.0) (0.1)
Net Cash Used In Financing Activities (480.3) (271.6)
Effect of exchange rate changes on cash and cash equivalents (18.3) (10.2)
Net Change In Cash and Cash Equivalents (212.4) (126.7)
Cash and Cash Equivalents at Beginning of Period 423.0 496.9
Cash and Cash Equivalents at End of Period 210.6 370.2
Cash paid during the year for:    
Interest (net of amounts capitalized) 15.8 14.2
Income taxes 110.7 122.2
Supplemental disclosure of non-cash investing activities:    
Property, plant and equipment expenditures included in Accounts Payable $ 5.5 $ 11.9