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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities:      
Net income $ 621.0 $ 309.1 $ 316.2
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 218.4 222.0 218.5
Impairment of long-lived assets 4.2 52.4 53.3
Deferred income tax benefit (192.6) (0.5) (17.1)
Gain on sales of property, plant and equipment (9.5) (1.2) (2.2)
Stock-based compensation expense 33.4 24.4 21.3
Other 7.7 7.7 9.8
Changes in operating assets and liabilities (excluding effect of businesses acquired):      
Accounts receivable (119.7) (31.2) 222.5
Inventories (186.6) (30.4) 306.8
Prepaid expenses and other assets (11.5) 26.7 (25.2)
Accounts payable and other liabilities 34.2 47.5 (78.9)
Net cash provided by operating activities 399.0 626.5 1,025.0
Investing activities:      
Purchases of property, plant and equipment (161.6) (154.9) (172.2)
Acquisitions, net of cash acquired (37.8) (348.7) (0.4)
Proceeds from sales of property, plant and equipment 27.6 8.9 7.4
Other (7.6) (10.4) (4.7)
Net cash used in investing activities (179.4) (505.1) (169.9)
Financing activities:      
Net short-term debt borrowings (repayments) 8.4 (12.6) 12.7
Proceeds from long-term debt borrowings 875.0 2,073.0 573.0
Principal payments on long-term debt (915.3) (2,061.4) (962.3)
Debt issuance costs   (6.8)  
Dividends and dividend equivalents paid (132.0) (120.4) (120.1)
Exercise of stock options 5.2 37.5 15.1
Share repurchases (25.0)   (355.5)
Other (14.4) (9.5) (11.4)
Net cash used in financing activities (198.1) (100.2) (848.5)
Effect of exchange rate changes on cash and cash equivalents 10.1 (2.7) (8.5)
Increase (decrease) in cash and cash equivalents 31.6 18.5 (1.9)
Cash and cash equivalents at beginning of year 122.8 104.3 106.2
Cash and cash equivalents at end of year 154.4 122.8 104.3
Supplemental cash flow information:      
Interest paid during the year 72.5 81.4 82.0
Income taxes paid during the year, net $ 171.1 95.1 $ 204.9
Non-cash investing and financing activities:      
Debt assumed in connection with acquisitions   $ 6.1