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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities:      
Net income $ 161.6 $ 167.8 $ 223.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 189.9 194.0 174.4
Deferred taxes 70.1 (19.4) 52.7
Non-cash restructuring costs 72.7 13.0 0
Gain on sale of business (428.3) 0 0
Change in operating assets and liabilities:      
Retirement benefits 70.6 58.9 19.6
Accounts receivable 41.1 95.8 (78.8)
Inventories 146.6 (152.3) (227.3)
Accounts payable (7.8) 9.2 50.0
Accrued income taxes (25.5) 9.4 42.4
Accrued liabilities and other 77.4 51.1 40.7
Cash provided by operating activities 368.4 427.5 296.8
Investing Activities:      
Purchases of property, plant and equipment (612.7) (382.0) (278.2)
Proceeds from sale of business, net of transaction costs 600.9 0 0
Purchases of businesses and investments in ventures 0 0 (349.2)
Asset disposals and other 0.8 3.3 2.7
Cash used in investing activities (11.0) (378.7) (624.7)
Financing Activities:      
Issuances of long-term debt 500.0 0 500.0
Payments on long-term debt and capital leases (17.1) (16.7) (143.8)
Net borrowings (repayments) under credit facilities (14.4) (10.4) (3.1)
Debt issuance costs (5.2) 0 (5.0)
Dividends paid to shareholders (76.9) (76.5) (74.7)
Dividends paid to noncontrolling interests (18.0) 0 (7.2)
Shares repurchased for income tax withholding on share-based compensation (6.6) (23.4) (2.2)
Taxes on share-based compensation 2.6 0 10.8
Exercises of stock options and other 0.4 2.2 1.4
Cash provided by (used in) financing activities 364.8 (124.8) 276.2
Increase (decrease) in cash and cash equivalents 722.2 (76.0) (51.7)
Cash and cash equivalents at beginning of year 304.6 380.6 432.3
Cash and cash equivalents at end of year $ 1,026.8 $ 304.6 $ 380.6