Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities
Net income	$ 31.7	$ 306.6	$ 276.6
Reconciliation to net cash provided by operating activities:
Depreciation and amortization	140.9	141.7	123.1
Amortization of deferred financing costs and debt discount	1.2	0.9	1.6
Deferred income taxes	(51.4)	16.3	29.3
Merger and restructuring expenses, net of payments	23.0	(2.5)	7.7
Equity in earnings from affiliated companies	1.6	(3.7)	(5.6)
Stock-based compensation	15.4	18.3	16.2
Changes in assets and liabilities:
Decrease (increase) in accounts receivable	110.0	36.5	(20.7)
Decrease (increase) in inventories	129.4	(30.4)	(25.2)
Decrease (increase) in prepaid expenses and other current assets	11.2	(5.8)	(8.6)
(Decrease) increase in accounts payable/accrued liabilities	(134.1)	12.5	23.3
Other – net	(14.6)	0.7	3.7
Net cash provided by operating activities	264.3	491.1	421.4
Cash flows from investing activities
Capital expenditures	(50.6)	(204.1)	(184.1)
Acquisitions and investments in affiliated companies		(163.2)	(3.4)
Net cash used for investing activities	(50.6)	(367.3)	(187.5)
Cash flows from financing activities
Repayments of Euro term loan	(49.9)	(9.0)	(4.2)
Change in finance lease obligations	(1.0)	(0.8)	(0.2)
Proceeds of other debt, net	0.8		0.2
Dividends paid	(14.2)	(54.2)	(48.4)
Repurchase of stock	(24.6)	(143.0)	(357.7)
Activity under stock plans	(3.3)	7.1	1.0
Net cash used for financing activities	(178.5)	(91.4)	(257.3)
Effect of exchange rate changes on cash and cash equivalents	3.7	(0.7)	(4.0)
Net increase (decrease) in cash and cash equivalents	38.9	31.7	(27.4)
Cash and cash equivalents at beginning of period	64.4	32.7	60.1
Cash and cash equivalents at end of period	103.3	64.4	32.7
Supplemental data:
Accrual basis additions to property, plant and equipment	42.5	191.0	179.1
Senior unsecured credit facility
Cash flows from financing activities
Issuance costs related to senior credit facility	(1.3)	(2.5)
Senior unsecured credit facility - due 2024
Cash flows from financing activities
Borrowing from senior unsecured credit facility	422.0	581.0
Repayment of senior unsecured credit facility	$ (507.0)	(268.0)
Senior unsecured credit facility - due 2021
Cash flows from financing activities
Borrowing from senior unsecured credit facility		345.0	752.0
Repayment of senior unsecured credit facility		$ (547.0)	$ (600.0)

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