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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flow From Operating Activities    
Net Income $ 279.5 $ 204.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 31.4 29.7
Amortization expense 38.5 29.5
Deferred income taxes 1.2 11.3
Equity in net earnings of affiliates (4.5) (5.2)
Distributions from unconsolidated affiliates 4.4 4.3
Non-cash compensation expense 15.9 12.3
Non-cash pension settlement charge 0.0 31.7
Other (1.3) (0.4)
Change in assets and liabilities:    
Accounts receivable (4.8) (6.8)
Inventories (39.1) (30.1)
Other current assets (5.5) (10.4)
Accounts payable and accrued expenses 13.9 (14.2)
Income taxes payable (8.1) (10.7)
Other operating assets and liabilities, net 1.2 3.9
Net Cash Provided By Operating Activities 322.7 249.3
Cash Flow From Investing Activities    
Additions to property, plant and equipment (19.6) (10.4)
Acquisitions (49.8) (235.3)
Other (1.8) 3.4
Net Cash Used In Investing Activities (71.2) (242.3)
Cash Flow From Financing Activities    
Long-term debt borrowings 0.0 200.0
Short-term debt (repayments) borrowings (159.8) 202.6
Proceeds from stock options exercised 28.9 27.3
Payment of cash dividends (106.2) (95.7)
Purchase of treasury stock (200.0) (300.0)
Deferred financing and other (2.4) (1.0)
Net Cash (Used In) Provided By Financing Activities (439.5) 33.2
Effect of exchange rate changes on cash and cash equivalents (1.6) 9.6
Net Change In Cash and Cash Equivalents (189.6) 49.8
Cash and Cash Equivalents at Beginning of Period 278.9 187.8
Cash and Cash Equivalents at End of Period 89.3 237.6
Cash paid during the period for:    
Interest (net of amounts capitalized) 38.1 16.8
Income taxes 83.8 102.0
Supplemental disclosure of non-cash investing activities:    
Property, plant and equipment expenditures included in Accounts Payable $ 6.4 $ 5.3