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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net Income $ 129.8 $ 100.7
Reconciliation to net cash provided by operating activities:    
Depreciation and amortization 37.2 34.8
Amortization of deferred financing costs 0.5 0.6
Deferred income taxes 23.0 20.9
Equity in earnings from affiliated companies (0.9) (0.5)
Stock-based compensation 14.4 11.5
Excess tax benefits on stock-based compensation (8.6) (5.2)
Changes in assets and liabilities:    
Increase in accounts receivable (65.5) (49.9)
Increase in inventories (48.5) (23.6)
(Increase) decrease in prepaid expenses and other current assets (5.2) 1.1
(Decrease) increase in accounts payable/accrued liabilities (15.7) 17.5
Other - net (10.3) 2.4
Net cash provided by operating activities 50.2 110.3
Cash flows from investing activities    
Capital expenditures (166.3) (119.2)
Net cash used for investing activities (166.3) (119.2)
Cash flows from financing activities    
Proceeds from senior unsecured credit facility 92.8 103.0
Repayment of other debt, net (1.1) (0.2)
Dividends paid (19.2)  
Repurchase of stock   (114.5)
Activity under stock plans 11.0 (0.5)
Net cash used for financing activities 83.5 (12.2)
Effect of exchange rate changes on cash and cash equivalents (3.0) (0.6)
Net decrease in cash and cash equivalents (35.6) (21.7)
Cash and cash equivalents at beginning of period 70.9 65.5
Cash and cash equivalents at end of period 35.3 43.8
Supplemental data:    
Accrual basis additions to property, plant and equipment $ 141.5 $ 104.8