Supplemental cash flow information

9 Months Ended

Sep. 30, 2018

Supplemental Cash Flow Information [Abstract]



	Nine Months Ended September 30,
(In millions)	2018		2017
Cash paid for:
Interest	$	38.5	19.8
Income taxes, net	72.8		64.9

Non-cash Investing and Financing Activities

We acquired $42.0 million in armored vehicles and other equipment under capital lease arrangements in the first nine months of 2018 compared to $33.4 million in armored vehicles and other equipment acquired under capital lease arrangements in the first nine months of 2017.

Restricted Cash (Cash Supply Chain Services)

In France, we offer services to certain of our customers where we manage some or all of their cash supply chains. Providing this service requires our French subsidiary to take temporary title to the cash received from the management of our customers' cash supply chains until the cash is returned to the customers. As part of this service offering, we have entered into lending arrangements with some of our customers. Cash borrowed under these lending arrangements is used in the process of managing these customers' cash supply chains. The cash for which we have temporary title and the cash borrowed under these customer lending arrangements is restricted and cannot be used for any other purpose other than to service our customers who participate in this service offering.

At September 30, 2018, we held $92.7 million of restricted cash ($11.3 million represented short-term borrowings, $46.9 million represented restricted cash held for customers, and $34.5 million represented accrued liabilities). At December 31, 2017, we held $112.6 million of restricted cash ($27.0 million represented short-term borrowings, $74.7 million represented restricted cash held for customers and $10.9 million represented accrued liabilities).

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows.



	September 30,		December 31,
(In millions)	2018		2017
Cash and cash equivalents	$	314.2	614.3
Restricted cash	92.7		112.6
Total, cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$	406.9	726.9