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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income $ 476.9 $ 391.2
Income from discontinued operations, net of tax (1.9) (48.6)
Gain from sale of discontinued operations, net of tax (198.9) (0.6)
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 (0.9) (2.7)
Depreciation 63.9 64.3
Amortization 73.2 72.6
Deferred income taxes (11.8) (3.8)
Loss on sale of business 3.8 0.0
Share-based compensation 32.2 28.7
Loss on early extinguishment of debt 101.4 0.0
Excess tax benefits from share-based compensation 0.0 (8.8)
Changes in assets and liabilities, net of effects of business acquisitions    
Accounts and notes receivable 32.1 91.8
Inventories (29.4) 14.0
Other current assets (19.7) (62.5)
Accounts payable (77.5) (56.9)
Employee compensation and benefits (15.9) (5.2)
Other current liabilities (12.2) 13.6
Other non-current assets and liabilities 3.2 (27.4)
Net cash provided by (used for) operating activities of continuing operations 418.5 459.7
Net cash provided by (used for) operating activities of discontinued operations (56.7) 97.1
Net cash provided by (used for) operating activities 361.8 556.8
Investing activities    
Capital expenditures (50.5) (94.5)
Proceeds from sale of property and equipment 7.1 24.1
Proceeds from sale of businesses 2,764.0 0.0
Acquisitions, net of cash acquired (59.5) 0.0
Other 0.0 (3.8)
Net cash provided by (used for) investing activities of continuing operations 2,661.1 (74.2)
Net cash provided by (used for) investing activities of discontinued operations (6.5) (4.3)
Net cash provided by (used for) investing activities 2,654.6 (78.5)
Financing activities    
Net repayments of short-term borrowings (0.8) 0.0
Net repayments of commercial paper and revolving long-term debt (842.3) (291.1)
Repayments of long-term debt (2,009.3) (0.7)
Premium paid on early extinguishment of debt (94.9) 0.0
Excess tax benefits from share-based compensation 0.0 8.8
Shares issued to employees, net of shares withheld 34.3 20.1
Repurchases of ordinary shares (100.0) 0.0
Dividends paid (188.9) (181.6)
Net cash provided by (used for) financing activities (3,201.9) (444.5)
Effect of exchange rate changes on cash and cash equivalents 55.5 10.8
Change in cash and cash equivalents (130.0) 44.6
Cash and cash equivalents, beginning of period 238.5 126.3
Cash and cash equivalents, end of period $ 108.5 $ 170.9