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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net income $ 75.7 $ 109.0
Depreciation and amortization 28.0 28.7
Stock-based compensation expense 9.4 7.9
Deferred income taxes 0.8 (1.0)
Gain on sale of assets (8.6) (0.8)
Foreign currency transaction (gains) losses (1.3) (0.2)
Other non-cash adjustments 0.4 (0.9)
Changes in operating assets and liabilities (254.3) (228.6)
Net cash used by operating activities (149.9) (85.9)
Investing activities:    
Additions to property, plant and equipment (33.7) (13.2)
Additions to equipment held for rental (7.5) (5.9)
Proceeds from sale of equipment held for rental 29.0 2.3
Other investing activities (1.0) 1.7
Net cash used by investing activities (13.2) (15.1)
Financing activities:    
Repurchases of Common Stock (17.9) (176.9)
Dividends paid (20.4) (19.3)
Proceeds from exercise of stock options 14.8 1.7
Other financing activities (0.3) 0.0
Net cash used by financing activities (23.8) (194.5)
Effect of exchange rate changes on cash 2.5 0.8
Decrease in cash and cash equivalents (184.4) (294.7)
Cash and cash equivalents at beginning of period 448.4 454.6
Cash and cash equivalents at end of period 264.0 159.9
Supplemental disclosures:    
Cash paid for interest 14.6 13.4
Cash paid for income taxes 58.0 5.6
Cash paid for operating lease liabilities 13.8 0.0
Right-of-use assets obtained $ 5.9 $ 0.0