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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities    
Net income (loss) $ (6.4) $ 87.5
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 57.7 72.9
(Gain) loss on disposition of discontinued operations (3.5) (2.7)
Deferred Taxes (82.4) (3.9)
Loss on early extinguishment of debt (0.4) 0.0
Stock-based compensation expense 18.7 21.8
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):    
Trade receivables (123.0) (196.9)
Inventories (91.0) (125.2)
Trade accounts payable (7.3) 98.2
Customer advances 49.6 (0.9)
Other assets and liabilities 110.3 (63.0)
Other operating activities, net 58.2 24.7
Net Cash Provided by (Used in) Operating Activities (15.6) (84.8)
Investing Activities    
Capital expenditures (44.1) (48.7)
Acquisitions, net of cash acquired (3.2) (59.8)
Proceeds (payments) from disposition of discontinued operations 3.5 0.7
Other investing activities, net (0.1) 0.6
Net Cash Provided by (Used in) Investing Activities (43.9) (107.2)
Financing Activities    
Repayments of debt (681.5) (702.9)
Proceeds from issuance of debt 585.1 835.7
Share repurchases (1.0) (50.3)
Dividends paid (15.2) (12.8)
Other financing activities, net (0.8) (1.1)
Net Cash Provided by (Used in) Financing Activities (113.4) 68.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents 4.5 (22.1)
Net Increase (Decrease) in Cash and Cash Equivalents (168.4) (145.5)
Cash and cash equivalents, beginning balance 466.5 478.2
Cash and cash equivalents, ending balance $ 298.1 $ 332.7