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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flow From Operating Activities      
Net Income $ 410.4 $ 413.9 $ 394.4
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation expense 58.3 57.1 59.7
Amortization expense 42.7 34.1 30.8
Deferred income taxes 24.0 12.7 11.1
Equity in net earnings of affiliates (11.6) (11.6) (2.8)
Distributions from unconsolidated affiliates 12.0 12.5 7.7
Non-cash pension settlement charge 8.4 0.0 0.0
Non-cash compensation expense 16.1 17.0 17.0
Asset impairment charge and other asset write-offs 19.2 6.4 8.4
Other 5.7 3.2 2.5
Change in assets and liabilities:      
Accounts receivable 33.5 (1.8) (31.2)
Inventories (38.5) 1.8 (7.3)
Other current assets (2.0) (0.6) (1.5)
Accounts payable and accrued expenses 21.8 2.4 67.9
Income taxes payable 29.7 17.5 (23.8)
Excess tax benefit on stock options exercised (15.8) (18.5) (13.1)
Other operating assets and liabilities, net (7.8) (5.8) (20.2)
Net Cash Provided By Operating Activities 606.1 540.3 499.6
Cash Flow From Investing Activities      
Additions to property, plant and equipment (61.8) (70.5) (67.1)
Acquisitions (74.9) (215.7) 0.0
Other (4.5) (2.2) (10.0)
Net Cash Used In Investing Activities (141.2) (288.4) (77.1)
Cash Flow From Financing Activities      
Long-term debt borrowings 0.0 299.8 0.0
Long-term debt repayments (250.0) 0.0 0.0
Short-term debt borrowings (repayments) 211.7 (6.7) (99.4)
Proceeds from stock options exercised 28.5 32.7 22.0
Excess tax benefit on stock options exercised 15.8 18.5 13.1
Payment of cash dividends (175.3) (167.5) (155.2)
Purchase of treasury stock (363.1) (478.8) (50.1)
Deferred financing costs (1.4) (4.2) 0.0
Other (1.2) (0.4) 9.8
Net Cash Used In Financing Activities (535.0) (306.6) (259.8)
Effect of exchange rate changes on cash and cash equivalents (22.9) (19.2) (8.8)
Net Change In Cash and Cash Equivalents (93.0) (73.9) 153.9
Cash and Cash Equivalents at Beginning of Period 423.0 496.9 343.0
Cash and Cash Equivalents at End of Period 330.0 423.0 496.9
Cash paid during the year for:      
Interest (net of amounts capitalized) 29.0 25.7 26.4
Income taxes 174.8 181.5 219.2
Supplemental disclosure of non-cash investing activities:      
Property, plant and equipment expenditures included in Accounts Payable $ 5.3 $ 14.5 $ 1.9