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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net income $ 144.4 $ 351.5
Income from discontinued operations, net of tax (8.1) (141.6)
Gain from sale of discontinued operations, net of tax 0.0 (200.6)
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 (5.8) (0.6)
Depreciation 24.9 25.3
Amortization 18.4 18.0
Deferred income taxes 10.1 (8.1)
Loss on sale of business 6.2 0.0
Share-based compensation 11.3 26.0
Loss on early extinguishment of debt 17.1 101.4
Changes in assets and liabilities, net of effects of business acquisitions    
Accounts and notes receivable 52.7 49.8
Inventories (15.4) (3.5)
Other current assets (10.8) 0.4
Accounts payable (45.9) (40.2)
Employee compensation and benefits (32.2) (25.6)
Other current liabilities 3.5 (40.9)
Other non-current assets and liabilities 7.4 (26.4)
Net cash provided by (used for) operating activities of continuing operations 177.8 84.9
Net cash provided by (used for) operating activities of discontinued operations (5.9) 70.4
Net cash provided by (used for) operating activities 171.9 155.3
Investing activities    
Capital expenditures (20.3) (18.7)
Proceeds from the sale of property and equipment, net (0.5) 0.0
(Payments due to) proceeds from the sale of businesses, net (12.8) 2,765.6
Acquisitions, net of cash acquired (0.9) (45.9)
Net cash provided by (used for) investing activities of continuing operations (34.5) 2,701.0
Net cash provided by (used for) investing activities of discontinued operations (7.1) (35.2)
Net cash provided by (used for) investing activities (41.6) 2,665.8
Financing activities    
Net receipts (repayments) of short-term borrowings 0.0 (0.5)
Net receipts (repayments) of commercial paper and revolving long-term debt 30.2 (975.5)
Repayments of long-term debt (675.1) (1,659.3)
Premium paid on early extinguishment of debt (16.0) (94.9)
Transfer of cash to nVent (74.2) 0.0
Distribution of cash from nVent 993.6 0.0
Shares issued to employees, net of shares withheld 6.3 29.5
Repurchases of ordinary shares (300.0) (100.0)
Dividends paid (125.9) (126.1)
Net cash provided by (used for) financing activities of continuing operations (161.1) (2,926.8)
Change in cash held for sale 27.0 (14.5)
Effect of exchange rate changes on cash and cash equivalents (3.8) 45.0
Change in cash and cash equivalents (7.6) (75.2)
Cash and cash equivalents, beginning of period 86.3 216.9
Cash and cash equivalents, end of period $ 78.7 $ 141.7