Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities
Net income	$ 51.1	$ 233.4
Reconciliation to net cash provided by operating activities:
Depreciation and amortization	106.0	107.1
Amortization related to financing	0.7	1.1
Deferred income taxes	(46.0)	9.3
Equity in earnings from affiliated companies	(0.3)	(2.9)
Stock-based compensation	13.0	15.9
Merger and restructuring charges	43.6
Merger and restructuring cash payments	(30.3)
Changes in assets and liabilities:
Decrease (increase) in accounts receivable	81.0	(29.5)
Decrease (increase) in inventories	74.2	(56.8)
Decrease (increase) in prepaid expenses and other current assets	1.5	(12.5)
(Decrease) increase in accounts payable/accrued liabilities	(128.0)	15.1
Other – net	(9.5)	(2.9)
Net cash provided by operating activities	157.0	277.3
Cash flows from investing activities
Capital expenditures	(47.8)	(162.7)
Acquisition of business		(163.2)
Net cash used for investing activities	(47.8)	(325.9)
Cash flows from financing activities
Repayments of Euro term loan	(49.9)	(9.0)
Repayment of finance lease obligation and other debt, net	(0.4)	(0.6)
Dividends paid	(14.2)	(39.9)
Repurchase of stock	(24.6)	(66.9)
Activity under stock plans	(5.5)	6.4
Net cash (used for) provided by financing activities	(106.9)	64.8
Effect of exchange rate changes on cash and cash equivalents	1.3	(1.9)
Net increase in cash and cash equivalents	3.6	14.3
Cash and cash equivalents at beginning of period	64.4	32.7
Cash and cash equivalents at end of period	68.0	47.0
Supplemental data:
Accrual basis additions to plant, property and equipment	39.4	160.9
Senior unsecured credit facility
Cash flows from financing activities
Issuance costs related to senior credit facility	(1.3)	(2.2)
Senior unsecured credit facility - due 2024
Cash flows from financing activities
Borrowing from senior unsecured credit facility	392.0	478.0
Repayment of senior unsecured credit facility	$ (403.0)	(99.0)
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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