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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income before non-controlling interests $ 44.0 $ 53.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 42.0 39.7
Amortization of stock-based compensation 13.1 2.6
Amortization of deferred financing costs 1.2 1.1
Bad debt expense 1.8 6.0
Deferred income taxes (2.5) (13.4)
Dividends received from unconsolidated affiliates 3.7 3.5
Equity income in earnings of unconsolidated affiliates (7.7) (7.1)
Loss (gain) on sale of assets 0.2 (1.3)
Foreign currency adjustments and other (1.9) 0.7
Changes in operating assets and liabilities (92.3) (10.3)
Net cash provided by operating activities 1.6 75.2
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (40.6) (25.9)
Other 0.6 0.9
Net cash (used in) provided by investing activities (40.0) (25.0)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings under long-term debt obligations 732.2 718.9
Repayments of borrowings under long-term debt obligations (697.8) (745.9)
Proceeds from exercise of stock options 2.6 1.9
Treasury stock repurchased (3.0) (44.1)
Payments of deferred financing costs 0.0 (0.4)
Other (3.4) (2.7)
Net cash provided by (used in) financing activities 30.6 (72.3)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (1.5) (5.1)
Increase (decrease) in cash and cash equivalents (9.3) (27.2)
CASH AND CASH EQUIVALENTS, beginning of period 41.9 65.7
CASH AND CASH EQUIVALENTS, end of period 32.6 38.5
Cash paid during the period for:    
Interest 46.7 43.0
Income taxes, net of refunds $ 17.9 $ 37.1