Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities
Net income	$ 41.4	$ 153.1
Reconciliation to net cash provided by operating activities:
Depreciation and amortization	70.4	72.7
Amortization related to financing	0.5	0.9
Deferred income taxes	(0.1)	6.8
Equity in earnings from affiliated companies	(0.2)	(3.3)
Stock-based compensation	12.7	13.5
Merger and restructuring charges	27.8
Merger and restructuring cash payments	(20.2)
Changes in assets and liabilities:
Decrease (increase) in accounts receivable	34.3	(48.0)
Decrease (increase) in inventories	14.6	(36.3)
Increase in prepaid expenses and other current assets	(5.7)	(15.8)
(Decrease) increase in accounts payable/accrued liabilities	(95.2)	17.4
Other – net	(6.7)	(3.8)
Net cash provided by operating activities	73.6	157.2
Cash flows from investing activities
Capital expenditures	(40.4)	(99.3)
Acquisition of business		(163.2)
Net cash used for investing activities	(40.4)	(262.5)
Cash flows from financing activities
Repayments of Euro term loan	(49.9)	(9.0)
Repayment of finance lease obligation and other debt, net	(0.2)	(0.4)
Dividends paid	(14.2)	(25.5)
Repurchase of stock	(24.6)	(11.2)
Activity under stock plans	(5.2)	0.5
Net cash provided by financing activities	160.9	128.2
Effect of exchange rate changes on cash and cash equivalents	(1.3)	(0.2)
Net increase in cash and cash equivalents	192.8	22.7
Cash and cash equivalents at beginning of period	64.4	32.7
Cash and cash equivalents at end of period	257.2	55.4
Supplemental data:
Accrual basis additions to plant, property and equipment	33.4	107.6
Senior unsecured credit facility
Cash flows from financing activities
Issuance costs related to senior credit facility		(2.2)
Senior unsecured credit facility - due 2024
Cash flows from financing activities
Borrowing from senior unsecured credit facility	392.0	408.0
Repayment of senior unsecured credit facility	$ (137.0)	(30.0)
Senior unsecured credit facility - due 2021
Cash flows from financing activities
Borrowing from senior unsecured credit facility		345.0
Repayment of senior unsecured credit facility		$ (547.0)

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The cash outflow to repay long-term debt that is not secured by collateral. Excludes repayments of tax exempt unsecured debt.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585

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- Definition

Amount of noncash expense for share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585

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Balance Type:	debit
Period Type:	duration

- References

No definition available.

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- Details

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- Details

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