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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2017
Dec. 31, 2016
Nov. 30, 2015
Operating Activities        
Net (loss) income $ 7.0 $ (9.2) $ 18.0 $ (16.2)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:        
Depreciation and amortization 5.1 72.6 64.9 65.1
Amortization of debt discount and deferred financing costs 0.2 8.5 2.3 2.7
Stock-based compensation (0.4) 22.0 12.9 8.6
Retirement benefits, net 5.4 (8.2) 30.5 61.4
Loss on debt repurchased 0.0 0.0 34.4 1.9
Other, net 0.0 0.7 0.6 (0.3)
Changes in assets and liabilities, net of effects from acquisition:        
Accounts receivable 2.0 (67.6) 33.1 (1.0)
Inventories 1.3 48.6 (28.9) (19.5)
Other current assets, net (4.8) 13.0 (23.8) (25.7)
Recoverable from the U.S. government and other third parties for environmental remediation costs 3.2 8.7 (32.6) (127.8)
Other noncurrent assets (0.1) (31.4) (12.6) 10.2
Accounts payable (41.0) 1.6 27.0 (5.1)
Advance payments on contracts 27.2 16.0 (9.1) 6.3
Other current liabilities 5.6 8.2 (37.4) (18.8)
Deferred income taxes (7.1) 125.7 4.8 (27.6)
Reserves for environmental remediation costs (3.8) (8.3) 47.4 140.1
Other noncurrent liabilities and other 0.3 11.9 27.2 13.3
Net Cash Provided by Operating Activities 0.1 212.8 158.7 67.6
Investing Activities        
Purchases of marketable securities   (24.0) 0.0 0.0
Sale of marketable securities   4.0 0.0 0.0
Purchase of Coleman Aerospace 0.0 (17.0) 0.0 0.0
Proceeds from sale of technology 0.0 0.0 0.5 1.0
Capital expenditures (1.2) (29.4) (47.6) (36.8)
Net Cash Used in Investing Activities (1.2) (66.4) (47.1) (35.8)
Financing Activities        
Proceeds from issuance of debt 0.0 0.0 800.0 0.0
Debt issuance costs including equity component of convertible debt 0.0 0.0 (9.5) 0.0
Debt repayments/repurchases (1.3) (20.0) (700.6) (81.2)
Proceeds from shares issued under equity plans, net 0.0 4.5 4.2 1.3
Repurchase of shares for option cost and to satisfy tax withholding obligations (0.2) (6.2) (3.9) (6.7)
Net Cash (Used in) Provided by Financing Activities (1.5) (21.7) 90.2 (86.6)
Net Increase (Decrease) in Cash and Cash Equivalents (2.6) 124.7 201.8 (54.8)
Cash and Cash Equivalents at Beginning of Period 211.1 410.3 208.5 265.9
Cash and Cash Equivalents at End of Period 208.5 535.0 410.3 211.1
Supplemental disclosures of cash flow information        
Cash paid for interest 2.7 22.2 39.0 49.3
Cash paid for income taxes 0.0 3.0 31.2 27.9
Cash refund for income taxes 0.0 22.9 0.1 0.0
Capital leases 0.0 0.9 0.0 0.0
Conversion of debt to common stock $ 0.0 $ 35.6 $ 49.0 $ 49.0