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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net income (loss) $ 327.9 $ 549.5 $ (3.9)
Adjustments to reconcile net income (loss) to net cash and cash equivalents provided by (used for) operating activities:      
Losses (earnings) of non-consolidated affiliates 19.7 (1.8) (1.7)
Losses (gains) on disposition of property, plant and equipment 2.0 (3.1) 0.7
Stock-based compensation 12.0 9.1 7.5
Depreciation and amortization 601.4 558.9 533.5
Deferred income taxes 35.6 (452.7) (32.7)
Write-off of equipment and facility included in restructuring charges 2.6 1.4 76.6
Qualified pension plan contributions (2.6) (1.7) (7.3)
Qualified pension plan income (15.0) (26.9) (37.5)
Change in assets and liabilities:      
Receivables (46.3) (49.9) 38.5
Income taxes receivable/payable 24.5 9.6 10.7
Inventories (35.5) (37.8) 23.9
Other current assets 0.2 (12.1) 20.9
Accounts payable and accrued liabilities (14.5) 100.0 (13.1)
Other assets (2.6) 5.8 (4.3)
Other noncurrent liabilities 4.3 (5.9) (12.1)
Other operating activities (5.9) 6.4 3.5
Net operating activities 907.8 648.8 603.2
Investing Activities      
Capital expenditures (385.2) (294.3) (278.0)
Business acquired and related transactions, net of cash acquired 0.0 0.0 (69.5)
Payments under long-term supply contracts 0.0 (209.4) (175.7)
Proceeds from sale/leaseback of equipment 0.0   40.4
Proceeds from disposition of property, plant and equipment 2.9 5.2 0.5
Proceeds from disposition of affiliated companies 0.0 0.0 8.8
Net investing activities (382.3) (498.5) (473.5)
Long-term debt:      
Borrowings 570.0 2,035.5 230.0
Repayments 946.1 2,037.9 435.3
Common stock repurchased and retired (50.0) 0.0 0.0
Stock options exercised 3.4 29.8 0.5
Excess tax benefits from stock-based compensation 0.0 0.0 0.4
Dividends paid (133.6) (133.0) (132.1)
Debt issuance costs (8.5) (11.2) (1.0)
Net financing activities (564.8) (116.8) (337.5)
Effect of exchange rate changes on cash and cash equivalents (0.3) 0.4 0.3
Net (decrease) increase in cash and cash equivalents (39.6) 33.9 (207.5)
Cash and cash equivalents, beginning of year 218.4 184.5 392.0
Cash and cash equivalents, end of year 178.8 218.4 184.5
Cash paid for interest and income taxes:      
Interest, net 208.8 200.9 200.8
Income taxes, net of refunds $ 52.9 $ 18.0 $ (2.6)