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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities      
Consolidated net income (loss) $ (103.2) $ 59.3 $ 120.1
Add (deduct) items to reconcile consolidated net income (loss) to net cash provided by operating activities:      
Foreign currency transaction losses 8.4 7.4 6.5
Employee stock compensation 9.4 10.4 12.5
Depreciation and amortization of properties 57.5 52.0 46.7
Depreciation and amortization of outsourcing assets 55.7 58.1 53.5
Amortization of marketable software 66.9 58.5 59.4
Other non-cash operating activities 4.6 7.8 (0.6)
Disposal of capital assets 9.7 1.8 2.0
(Gain) loss on sale of businesses and assets   (0.7) 1.5
Pension contributions (148.3) (183.4) (147.2)
Pension expense 108.7 73.8 93.5
Decrease in deferred income taxes, net 1.2 24.8 29.4
Increase in receivables, net (11.5) (14.3) (63.5)
(Increase) decrease in inventories (3.7) 6.3 (6.5)
Decrease (increase) in other assets 14.4 (23.7) (16.5)
(Increase) decrease in accounts payable and other accrued liabilities (61.1) 14.4 1.9
Decrease in other liabilities (7.5) (31.1) (5.3)
Net cash provided by operating activities 1.2 121.4 187.4
Cash flows from investing activities      
Proceeds from investments 3,831.6 5,654.0 5,315.9
Purchases of investments (3,806.2) (5,640.3) (5,325.8)
Investment in marketable software (62.1) (73.6) (64.3)
Capital additions of properties (49.6) (53.3) (47.2)
Capital additions of outsourcing assets (102.0) (85.9) (39.9)
Other 10.4 3.8 (1.4)
Net cash used for investing activities (177.9) (195.3) (162.7)
Cash flows from financing activities      
Proceeds from exercise of stock options 3.7 3.4 4.9
Net proceeds from short-term debt 65.8    
Net proceeds from long-term debt 31.8    
Payments of long-term debt (10.4)    
Financing fees (0.3) (0.6)  
Common stock repurchases   (35.7) (11.7)
Dividends paid on preferred stock   (4.0) (16.2)
Net cash provided by (used for) financing activities 90.6 (36.9) (23.0)
Effect of exchange rate changes on cash and cash equivalents (43.0) (34.7) (17.5)
Decrease in cash and cash equivalents (129.1) (145.5) (15.8)
Cash and cash equivalents, beginning of year 494.3 639.8 655.6
Cash and cash equivalents, end of year $ 365.2 $ 494.3 $ 639.8