Guarantor Subsidiaries (Tables)

6 Months Ended

Jun. 28, 2014

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Condensed Consolidating Statement of Operations

Condensed Consolidating Statement of Operations

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended June 28, 2014
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Elimination Entries			Consolidated
Revenue, net	$	49.8		$	199.8		$	278.3		$	36.0	$	(13.0	)	$	550.9
Cost of sales		41.3			169.4			248.7			30.7		(13.0	)		477.1
Gross profit		8.5			30.4			29.6			5.3		—			73.8
Selling, general and administrative expenses		6.1			25.4			13.1			2.3		—			46.9
Loss on disposal of property, plant & equipment		—			0.4			—			—		—			0.4
Restructuring and asset impairments
Restructuring		0.1			—			—			—		—			0.1
Asset impairments		—			—			0.3			—		—			0.3
Operating income		2.3			4.6			16.2			3.0		—			26.1
Other (income) expense, net		(9.7	)		19.7			9.8			—		—			19.8
Intercompany interest (income) expense, net		—			(3.9	)		3.9			—		—			—
Interest expense (income), net		—			8.5			(0.1	)		—		—			8.4
Income (loss) before income tax (benefit) expense and equity (loss) income		12.0			(19.7	)		2.6			3.0		—			(2.1	)
Income tax (benefit) expense		(0.4	)		2.6			0.3			—		—			2.5
Equity (loss) income		(18.4	)		1.4			13.8			—		3.2			—
Net (loss) income	$	(6.0	)	$	(20.9	)	$	16.1		$	3.0	$	3.2		$	(4.6	)
Less: Net income attributable to non-controlling interests		—			—			—			1.4		—			1.4
Net (loss) income attributed to Cott Corporation	$	(6.0	)	$	(20.9	)	$	16.1		$	1.6	$	3.2		$	(6.0	)
Comprehensive income (loss) attributed to Cott Corporation	$	2.4		$	(3.8	)	$	37.3		$	0.9	$	(34.4	)	$	2.4

Condensed Consolidating Statement of Operations

(in millions of U.S. dollars)

Unaudited

	For the Six Months Ended June 28, 2014
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Elimination Entries			Consolidated
Revenue, net	$	87.0		$	374.9		$	520.6	$	68.3	$	(24.8	)	$	1,026.0
Cost of sales		75.5			324.8			468.1		58.3		(24.8	)		901.9
Gross profit		11.5			50.1			52.5		10.0		—			124.1
Selling, general and administrative expenses		12.6			49.9			22.3		4.4		—			89.2
Loss on disposal of property, plant & equipment		—			0.5			—		—		—			0.5
Restructuring and asset impairments
Restructuring		2.0			0.2			0.1		—		—			2.3
Asset impairments		0.9			—			1.0		—		—			1.9
Operating (loss) income		(4.0	)		(0.5	)		29.1		5.6		—			30.2
Other (income) expense, net		(9.5	)		17.1			9.8		0.1		—			17.5
Intercompany interest (income) expense, net		—			(7.4	)		7.4		—		—			—
Interest expense, net		0.1			17.5			0.6		—		—			18.2
Income (loss) before income tax (benefit) expense and equity (loss) income		5.4			(27.7	)		11.3		5.5		—			(5.5	)
Income tax (benefit) expense		(1.4	)		2.9			—		0.1		—			1.6
Equity (loss) income		(16.7	)		2.7			7.0		—		7.0			—
Net (loss) income	$	(9.9	)	$	(27.9	)	$	18.3	$	5.4	$	7.0		$	(7.1	)
Less: Net income attributable to non-controlling interests		—			—			—		2.8		—			2.8
Net (loss) income attributed to Cott Corporation	$	(9.9	)	$	(27.9	)	$	18.3	$	2.6	$	7.0		$	(9.9	)
Comprehensive (loss) income attributed to Cott Corporation	$	(3.2	)	$	(6.7	)	$	42.7	$	1.8	$	(37.8	)	$	(3.2	)

Condensed Consolidating Statement of Operations

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended June 29, 2013
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Elimination Entries			Consolidated
Revenue, net	$	50.4		$	212.6		$	266.1		$	41.5		$	(6.8	)	$	563.8
Cost of sales		41.5			181.4			235.3			35.8			(6.8	)		487.2
Gross profit		8.9			31.2			30.8			5.7			—			76.6
Selling, general and administrative expenses		8.4			18.7			12.6			2.0			—			41.7
Loss on disposal of property, plant & equipment		—			0.3			—			—			—			0.3
Restructuring		0.5			0.5			0.7			0.3			—			2.0
Operating income		—			11.7			17.5			3.4			—			32.6
Other (income) expense, net		(0.2	)		—			0.3			(0.1	)		—			—
Intercompany interest (income) expense, net		—			(2.8	)		2.8			—			—			—
Interest expense, net		—			12.7			0.1			—			—			12.8
Income before income tax expense (benefit) and equity income		0.2			1.8			14.3			3.5			—			19.8
Income tax expense (benefit)		0.4			1.7			(0.5	)		0.1			—			1.7
Equity income		16.7			1.5			1.5			—			(19.7	)		—
Net income	$	16.5		$	1.6		$	16.3		$	3.4		$	(19.7	)	$	18.1
Less: Net income attributable to non-controlling interests		—			—			—			1.6			—			1.6
Net income attributed to Cott Corporation	$	16.5		$	1.6		$	16.3		$	1.8		$	(19.7	)	$	16.5
Comprehensive income attributed to Cott Corporation	$	12.1		$	3.0		$	16.7		$	3.5		$	(23.2	)	$	12.1

Condensed Consolidating Statement of Operations

(in millions of U.S. dollars)

Unaudited

	For the Six Months Ended June 29, 2013
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Elimination Entries			Consolidated
Revenue, net	$	89.4		$	407.9		$	505.9		$	78.6	$	(12.6	)	$	1,069.2
Cost of sales		75.3			349.6			454.6			69.3		(12.6	)		936.2
Gross profit		14.1			58.3			51.3			9.3		—			133.0
Selling, general and administrative expenses		15.5			38.9			24.5			4.1		—			83.0
Loss on disposal of property, plant & equipment		—			0.3			—			—		—			0.3
Restructuring		0.5			0.5			0.7			0.3		—			2.0
Operating (loss) income		(1.9	)		18.6			26.1			4.9		—			47.7
Other expense, net		—			—			0.3			—		—			0.3
Intercompany interest (income) expense, net		—			(5.7	)		5.7			—		—			—
Interest (income) expense, net		(0.1	)		26.0			0.2			—		—			26.1
(Loss) income before income tax expense (benefit) and equity income (loss)		(1.8	)		(1.7	)		19.9			4.9		—			21.3
Income tax expense (benefit)		0.7			1.6			(0.3	)		0.2		—			2.2
Equity income (loss)		19.0			2.6			(0.6	)		—		(21.0	)		—
Net income (loss)	$	16.5		$	(0.7	)	$	19.6		$	4.7	$	(21.0	)	$	19.1
Less: Net income attributable to non-controlling interests		—			—			—			2.6		—			2.6
Net income (loss) attributed to Cott Corporation	$	16.5		$	(0.7	)	$	19.6		$	2.1	$	(21.0	)	$	16.5
Comprehensive income (loss) attributed to Cott Corporation	$	0.1		$	(31.0	)	$	2.7		$	4.1	$	24.2		$	0.1

Consolidating Balance Sheets

Consolidating Balance Sheets

(in millions of U.S. dollars)

Unaudited

	As of June 28, 2014
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Elimination Entries			Consolidated
ASSETS
Current assets
Cash & cash equivalents	$	7.2		$	32.9		$	44.1		$	6.7		$	—		$	90.9
Accounts receivable, net of allowance		22.2			141.9			256.1			16.9			(152.1	)		285.0
Income taxes recoverable		0.4			0.6			—			—			—			1.0
Inventories		17.3			77.9			148.9			7.3			—			251.4
Prepaid expenses and other assets		2.7			11.4			9.2			0.1			—			23.4
Total current assets		49.8			264.7			458.3			31.0			(152.1	)		651.7
Property, plant & equipment, net		45.2			183.8			240.9			9.3			—			479.2
Goodwill		25.6			4.5			161.0			—			—			191.1
Intangibles and other assets, net		1.3			94.0			275.2			8.7			—			379.2
Deferred income taxes		4.9			—			—			0.8			—			5.7
Other tax receivable		0.1			0.1			—			—			—			0.2
Due from affiliates		40.5			181.1			3.0			—			(224.6	)		—
Investments in subsidiaries		448.2			281.1			742.2			—			(1,471.5	)		—
Total assets	$	615.6		$	1,009.3		$	1,880.6		$	49.8		$	(1,848.2	)	$	1,707.1
LIABILITIES AND EQUITY
Current liabilities
Short-term borrowings	$	—		$	—		$	35.8		$	—		$	—		$	35.8
Current maturities of long-term debt		—			81.5			0.6			1.3			—			83.4
Accounts payable and accrued liabilities		30.8			176.5			290.2			11.5			(152.1	)		356.9
Total current liabilities		30.8			258.0			326.6			12.8			(152.1	)		476.1
Long-term debt		0.1			533.5			1.9			1.0			—			536.5
Deferred income taxes		—			34.5			26.5			1.3			—			62.3
Other long-term liabilities		0.1			6.3			35.2			—			—			41.6
Due to affiliates		1.5			1.6			183.4			38.1			(224.6	)		—
Total liabilities		32.5			833.9			573.6			53.2			(376.7	)		1,116.5
Equity
Capital stock, no par		392.1			509.4			1,633.2			40.9			(2,183.5	)		392.1
Additional paid-in-capital		46.6			—			—			—			—			46.6
Retained earnings (deficit)		154.5			(379.2	)		(354.7	)		(52.5	)		786.4			154.5
Accumulated other comprehensive (loss) income		(10.1	)		45.2			28.5			0.7			(74.4	)		(10.1	)
Total Cott Corporation equity		583.1			175.4			1,307.0			(10.9	)		(1,471.5	)		583.1
Non-controlling interests		—			—			—			7.5			—			7.5
Total equity		583.1			175.4			1,307.0			(3.4	)		(1,471.5	)		590.6
Total liabilities and equity	$	615.6		$	1,009.3		$	1,880.6		$	49.8		$	(1,848.2	)	$	1,707.1

Consolidating Balance Sheets

(in millions of U.S. dollars)

	As of December 28, 2013
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Elimination Entries			Consolidated
ASSETS
Current assets
Cash & cash equivalents	$	1.5		$	1.1		$	39.1		$	5.5		$	—		$	47.2
Accounts receivable, net of allowance		19.0			114.1			229.8			15.5			(174.0	)		204.4
Income taxes recoverable		0.4			0.7			—			—			—			1.1
Inventories		16.2			77.0			132.9			7.0			—			233.1
Prepaid expenses and other assets		2.1			10.1			7.0			0.1			—			19.3
Total current assets		39.2			203.0			408.8			28.1			(174.0	)		505.1
Property, plant & equipment, net		47.9			190.2			235.7			9.9			—			483.7
Goodwill		25.8			4.5			107.0			—			—			137.3
Intangibles and other assets, net		1.3			88.0			196.2			10.7			—			296.2
Deferred income taxes		3.6			—			—			—			—			3.6
Other tax receivable		—			0.2			—			—			—			0.2
Due from affiliates		39.6			125.7			2.9			41.9			(210.1	)		—
Investments in subsidiaries		507.8			246.7			697.7			—			(1,452.2	)		—
Total assets	$	665.2		$	858.3		$	1,648.3		$	90.6		$	(1,836.3	)	$	1,426.1
LIABILITIES AND EQUITY
Current liabilities
Short-term borrowings	$	—		$	16.2		$	34.6		$	—		$	—		$	50.8
Current maturities of long-term debt		—			2.4			0.6			0.9			—			3.9
Accounts payable and accrued liabilities		25.5			214.4			225.6			6.7			(174.0	)		298.2
Total current liabilities		25.5			233.0			260.8			7.6			(174.0	)		352.9
Long-term debt		0.1			399.6			2.2			1.6			—			403.5
Deferred income taxes		—			32.0			9.1			0.4			—			41.5
Other long-term liabilities		0.1			2.8			19.4			—			—			22.3
Due to affiliates		43.1			1.6			128.1			37.3			(210.1	)		—
Total liabilities		68.8			669.0			419.6			46.9			(384.1	)		820.2
Equity
Capital stock, no par		392.8			509.4			1,557.5			82.5			(2,149.4	)		392.8
Additional paid-in-capital		44.1			—			—			—			—			44.1
Retained earnings (deficit)		176.3			(344.1	)		(322.1	)		(49.8	)		716.0			176.3
Accumulated other comprehensive (loss) income		(16.8	)		24.0			(6.7	)		1.5			(18.8	)		(16.8	)
Total Cott Corporation equity		596.4			189.3			1,228.7			34.2			(1,452.2	)		596.4
Non-controlling interests		—			—			—			9.5			—			9.5
Total equity		596.4			189.3			1,228.7			43.7			(1,452.2	)		605.9
Total liabilities and equity	$	665.2		$	858.3		$	1,648.3		$	90.6		$	(1,836.3	)	$	1,426.1

Consolidating Statements of Condensed Cash Flows

Consolidating Statements of Condensed Cash Flows

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended June 28, 2014
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Elimination Entries			Consolidated
Operating Activities
Net (loss) income	$	(6.0	)	$	(20.9	)	$	16.1		$	3.0		$	3.2		$	(4.6	)
Depreciation & amortization		1.6			10.2			12.8			1.4			—			26.0
Amortization of financing fees		0.1			0.4			0.1			—			—			0.6
Share-based compensation expense		0.6			1.3			0.2			—			—			2.1
(Decrease) increase in deferred income taxes		(0.4	)		2.7			—			0.3			—			2.6
Loss on disposal of property, plant & equipment		—			0.4			—			—			—			0.4
Asset impairments		—			—			0.3			—			—			0.3
Write-off of financing fees and discount		—			3.0			—			—			—			3.0
Equity loss (income), net of distributions		18.4			(1.4	)		(13.8	)		—			(3.2	)		—
Intercompany dividends		15.9			2.6			9.3			—			(27.8	)		—
Other non-cash items		(0.2	)		—			(0.3	)		—			—			(0.5	)
Net change in operating assets and liabilities, net of acquisitions		(18.3	)		(78.0	)		93.5			2.5			—			(0.3	)
Net cash provided by (used in) operating activities		11.7			(79.7	)		118.2			7.2			(27.8	)		29.6
Investing Activities
Acquisitions, net of cash received		—			—			(80.8	)		—			—			(80.8	)
Additions to property, plant & equipment		(0.3	)		(7.1	)		(4.4	)		—			—			(11.8	)
Additions to intangibles and other assets		—			(1.3	)		—			—			—			(1.3	)
Net cash used in investing activities		(0.3	)		(8.4	)		(85.2	)		—			—			(93.9	)
Financing Activities
Payments of long-term debt		(0.1	)		(296.6	)		(0.1	)		0.3			—			(296.5	)
Issuance of long-term debt		—			525.0			—			—			—			525.0
Borrowings under ABL		—			188.2			—			—			—			188.2
Payments under ABL		—			(284.3	)		—			—			—			(284.3	)
Distributions to non-controlling interests		—			—			—			(2.5	)		—			(2.5	)
Financing fees		—			(7.9	)		—			—			—			(7.9	)
Common shares repurchased and cancelled		(2.7	)		—			—			—			—			(2.7	)
Dividends paid to shareholders		(5.7	)		—			—			—			—			(5.7	)
Intercompany dividends		—			(9.3	)		(15.9	)		(2.6	)		27.8			—
Net cash (used in) provided by financing activities		(8.5	)		115.1			(16.0	)		(4.8	)		27.8			113.6
Effect of exchange rate changes on cash		0.3			—			0.7			—			—			1.0
Net increase in cash & cash equivalents		3.2			27.0			17.7			2.4			—			50.3
Cash & cash equivalents, beginning of period		4.0			5.9			26.4			4.3			—			40.6
Cash & cash equivalents, end of period	$	7.2		$	32.9		$	44.1		$	6.7		$	—		$	90.9

Consolidating Statements of Condensed Cash Flows

(in millions of U.S. dollars)

Unaudited

	For the Six Months Ended June 28, 2014
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Elimination Entries			Consolidated
Operating Activities
Net (loss) income	$	(9.9	)	$	(27.9	)	$	18.3		$	5.4		$	7.0		$	(7.1	)
Depreciation & amortization		3.1			20.4			24.9			2.9			—			51.3
Amortization of financing fees		0.1			1.0			0.1			—			—			1.2
Share-based compensation expense		0.8			2.3			0.3			—			—			3.4
(Decrease) increase in deferred income taxes		(1.3	)		2.6			0.2			—			—			1.5
Loss on disposal of property, plant & equipment		—			0.5			—			—			—			0.5
Asset impairments		0.9			—			1.0			—			—			1.9
Write-off of financing fees and discount		—			3.3			—			—			—			3.3
Equity loss (income), net of distributions		16.7			(2.7	)		(7.0	)		—			(7.0	)		—
Intercompany dividends		18.2			5.0			9.3			—			(32.5	)		—
Other non-cash items		(0.2	)		(0.2	)		(0.3	)		—			—			(0.7	)
Net change in operating assets and liabilities, net of acquisitions		(8.0	)		(136.9	)		64.0			2.7			—			(78.2	)
Net cash provided by (used in) operating activities		20.4			(132.6	)		110.8			11.0			(32.5	)		(22.9	)
Investing Activities
Acquisitions, net of cash received		—			—			(80.8	)		—			—			(80.8	)
Additions to property, plant & equipment		(0.9	)		(12.2	)		(7.5	)		—			—			(20.6	)
Additions to intangibles and other assets		—			(2.8	)		—			—			—			(2.8	)
Net cash used in investing activities		(0.9	)		(15.0	)		(88.3	)		—			—			(104.2	)
Financing Activities
Payments of long-term debt		(0.1	)		(312.2	)		(0.2	)		—			—			(312.5	)
Issuance of long-term debt		—			525.0			—			—			—			525.0
Borrowings under ABL		—			283.2			—			—			—			283.2
Payments under ABL		—			(299.4	)		—			—			—			(299.4	)
Distributions to non-controlling interests		—			—			—			(4.8	)		—			(4.8	)
Financing fees		—			(7.9	)		—			—			—			(7.9	)
Common shares repurchased and cancelled		(3.1	)		—			—			—			—			(3.1	)
Dividends paid to shareholders		(10.8	)		—			—			—			—			(10.8	)
Intercompany dividends		—			(9.3	)		(18.2	)		(5.0	)		32.5			—
Net cash (used in) provided by financing activities		(14.0	)		179.4			(18.4	)		(9.8	)		32.5			169.7
Effect of exchange rate changes on cash		0.2			—			0.9			—			—			1.1
Net increase in cash & cash equivalents		5.7			31.8			5.0			1.2			—			43.7
Cash & cash equivalents, beginning of period		1.5			1.1			39.1			5.5			—			47.2
Cash & cash equivalents, end of period	$	7.2		$	32.9		$	44.1		$	6.7		$	—		$	90.9

Consolidating Statements of Condensed Cash Flows

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended June 29, 2013
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Elimination Entries			Consolidated
Operating Activities
Net income	$	16.5		$	1.6		$	16.3		$	3.4		$	(19.7	)	$	18.1
Depreciation & amortization		1.5			9.8			12.1			1.5			—			24.9
Amortization of financing fees		0.1			0.6			0.1			—			—			0.8
Share-based compensation expense		0.9			0.9			—			—			—			1.8
Increase (decrease) in deferred income taxes		0.1			2.4			(0.9	)		—			—			1.6
Loss on disposal of property, plant & equipment		—			0.3			—			—			—			0.3
Equity loss, net of distributions		(16.7	)		(1.5	)		(1.5	)		—			19.7			—
Intercompany dividends		11.7			0.7			—			—			(12.4	)		—
Other non-cash items		(0.2	)		0.2			(0.1	)		—			—			(0.1	)
Net change in operating assets and liabilities		2.2			(3.7	)		(12.8	)		1.0			—			(13.3	)
Net cash provided by operating activities		16.1			11.3			13.2			5.9			(12.4	)		34.1
Investing Activities
Acquisition, net of cash acquired		—			—			(6.5	)		—			—			(6.5	)
Additions to property, plant & equipment		(3.2	)		(7.3	)		(3.6	)		(0.5	)		—			(14.6	)
Additions to intangibles and other assets		—			(1.7	)		—			—			—			(1.7	)
Net cash used in investing activities		(3.2	)		(9.0	)		(10.1	)		(0.5	)		—			(22.8	)
Financing Activities
Payments of long-term debt		(0.1	)		(0.3	)		(18.5	)		(0.2	)		—			(19.1	)
Distributions to non-controlling interests		—			—			—			(0.7	)		—			(0.7	)
Common shares repurchased and cancelled		(5.5	)		—			—			—			—			(5.5	)
Dividends paid to shareholders		(11.2	)		—			—			—			—			(11.2	)
Intercompany dividends		—			—			(11.7	)		(0.7	)		12.4			—
Net cash used in financing activities		(16.8	)		(0.3	)		(30.2	)		(1.6	)		12.4			(36.5	)
Effect of exchange rate changes on cash		(1.1	)		—			0.2			(0.1	)		—			(1.0	)
Net (decrease) increase in cash & cash equivalents		(5.0	)		2.0			(26.9	)		3.7			—			(26.2	)
Cash & cash equivalents, beginning of period		38.3			11.5			39.5			3.7			—			93.0
Cash & cash equivalents, end of period	$	33.3		$	13.5		$	12.6		$	7.4		$	—		$	66.8

Consolidating Statements of Condensed Cash Flows

(in millions of U.S. dollars)

Unaudited

	For the Six Months Ended June 29, 2013
	Cott Corporation			Cott Beverages Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Elimination Entries			Consolidated
Operating Activities
Net income (loss)	$	16.5		$	(0.7	)	$	19.6		$	4.7		$	(21.0	)	$	19.1
Depreciation & amortization		3.1			19.4			24.1			3.0			—			49.6
Amortization of financing fees		0.1			1.3			0.1			—			—			1.5
Share-based compensation expense		0.9			1.4			0.2			—			—			2.5
Increase (decrease) in deferred income taxes		0.5			1.8			(0.7	)		—			—			1.6
Loss on disposal of property, plant & equipment		—			0.3			—			—			—			0.3
Equity (income) loss, net of distributions		(19.0	)		(2.6	)		0.6			—			21.0			—
Intercompany dividends		22.5			2.9			—			—			(25.4	)		—
Other non-cash items		(0.1	)		0.3			—			—			—			0.2
Net change in operating assets and liabilities		(4.5	)		(25.9	)		(70.2	)		1.3			—			(99.3	)
Net cash provided by (used in) operating activities		20.0			(1.8	)		(26.3	)		9.0			(25.4	)		(24.5	)
Investing Activities
Acquisition, net of cash acquired		—			—			(6.5	)		—			—			(6.5	)
Additions to property, plant & equipment		(4.9	)		(20.0	)		(8.3	)		(1.3	)		—			(34.5	)
Additions to intangibles and other assets		—			(1.9	)		—			—			—			(1.9	)
Proceeds from insurance recoveries		—			0.4			—			—			—			0.4
Net cash used in investing activities		(4.9	)		(21.5	)		(14.8	)		(1.3	)		—			(42.5	)
Financing Activities
Payments of long-term debt		(0.1	)		(0.7	)		(18.5	)		(0.3	)		—			(19.6	)
Distributions to non-controlling interests		—			—			—			(2.8	)		—			(2.8	)
Common shares repurchased and cancelled		(8.4	)		—			—			—			—			(8.4	)
Dividends paid to shareholders		(11.2	)		—			—			—			—			(11.2	)
Intercompany dividends		—			—			(22.5	)		(2.9	)		25.4			—
Net cash used in financing activities		(19.7	)		(0.7	)		(41.0	)		(6.0	)		25.4			(42.0	)
Effect of exchange rate changes on cash		(1.9	)		—			(1.7	)		—			—			(3.6	)
Net (decrease) increase in cash & cash equivalents		(6.5	)		(24.0	)		(83.8	)		1.7			—			(112.6	)
Cash & cash equivalents, beginning of period		39.8			37.5			96.4			5.7			—			179.4
Cash & cash equivalents, end of period	$	33.3		$	13.5		$	12.6		$	7.4		$	—		$	66.8