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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net income $ 87.8 $ 107.4
Income from discontinued operations, net of tax (7.1) (15.6)
Net income from continuing operations 80.7 91.8
Adjustments to reconcile net income from continuing operations to net cash provided by (used for) operating activities of continuing operations    
Equity income of unconsolidated subsidiaries (0.2) (0.4)
Depreciation 21.4 20.9
Amortization 24.0 24.2
Deferred income taxes (4.7) (13.6)
Share-based compensation 16.4 16.1
Excess tax benefits from share-based compensation 0.0 (0.5)
Gain on sale of assets 0.0 2.3
Changes in assets and liabilities, net of effects of business acquisitions    
Accounts and notes receivable (130.6) (97.5)
Inventories (8.6) (9.4)
Other current assets (18.0) (42.6)
Accounts payable (55.9) (1.3)
Employee compensation and benefits (23.9) (16.8)
Other current liabilities 15.8 21.3
Other non-current assets and liabilities (5.1) (7.6)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations (88.7) (17.7)
Cash Provided by (Used in) Operating Activities, Discontinued Operations (17.3) 2.7
Net cash provided by (used for) operating activities (106.0) (15.0)
Investing activities    
Capital expenditures (23.6) (32.8)
Proceeds from sale of property and equipment 0.0 5.4
Acquisitions, net of cash acquired (56.7) (0.1)
Other 0.0 0.2
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (80.3) (27.7)
Cash Provided by (Used in) Investing Activities, Discontinued Operations (3.7) (4.3)
Net cash provided by (used for) investing activities (84.0) (32.0)
Financing activities    
Net (repayments) receipts of short-term borrowings (0.1) 0.7
Net (repayments) receipts of short-term borrowings 229.1 138.4
Repayments of long-term debt 0.0 (0.7)
Excess tax benefits from share-based compensation 0.0 0.5
Shares issued to employees, net of shares withheld 2.8 (1.6)
Dividends paid (62.8) (60.1)
Net cash provided by (used for) financing activities 169.0 77.2
Effect of exchange rate changes on cash and cash equivalents 20.6 1.6
Change in cash and cash equivalents (0.4) 31.8
Cash and cash equivalents, beginning of period 238.5 126.3
Cash and cash equivalents, end of period $ 238.1 $ 158.1