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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net (loss) earnings $ (226.2) $ 39.1
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:    
Depreciation and amortization 18.2 15.1
Loss (gain) on disposal of discontinued operations 5.0 (2.2)
Deferred income taxes (93.0) 5.0
Share-based compensation 0.9 1.8
Equity earnings from joint venture (19.5) (18.9)
U.S. pension cost (credit) 371.6 (1.9)
Other non-cash adjustments, net 0.2 0.2
Changes in operating assets and liabilities:    
Receivables (12.5) 3.5
Inventories (1.0) (11.4)
Accounts payable and accrued expenses (25.8) (5.0)
Other assets and liabilities 7.8 (10.6)
Net cash provided by operating activities 25.7 14.7
Cash flows from investing activities:    
Purchases of property, plant and equipment (12.0) (14.8)
Return of investment from joint venture 18.1 19.7
Cash paid for acquisitions   (43.1)
Other investing activities 3.8 0.2
Net cash provided by (used for) investing activities 9.9 (38.0)
Cash flows from financing activities:    
Proceeds from short-term debt 30.0  
Proceeds from revolving credit facility 100.0  
Payments of revolving credit facility (20.0)  
Payments of long-term debt   (8.1)
Dividend paid (9.6) (8.5)
Proceeds from share-based compensation plans, net of tax 0.8 4.8
Payment for treasury stock acquired (34.4) (20.0)
Other financing activities   1.9
Net cash provided by (used for) financing activities 66.8 (29.9)
Effect of exchange rate changes on cash and cash equivalents (0.8) 1.3
Net increase (decrease) in cash and cash equivalents 101.6 (51.9)
Cash and cash equivalents at beginning of year of discontinued operations   10.0
Cash and cash equivalents at beginning of year of continuing operations 45.3 325.7
Cash and cash equivalents at end of period 146.9 283.8
Cash and cash equivalents at end of period of discontinued operations   10.0
Cash and cash equivalents at end of period of continuing operations 146.9 273.8
Supplemental Cash Flow Disclosures:    
Interest paid 6.9 10.8
Income tax payments, net 1.1 3.0
Amounts in accounts payable for capital expenditures $ 0.1 $ 0.9