XML 43 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities:    
Net income (loss) $ (18.6) $ 18.2
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 87.5 96.9
Deferred taxes 10.5 57.1
Changes in operating asset and liabilities:    
Inventories (78.0) 31.6
Accounts receivable (119.7) (42.2)
Accounts payable 82.2 (54.2)
Retirement benefits 10.9 32.3
Accrued income taxes (29.3) (53.9)
Accrued liabilities and other 17.0 (27.8)
Cash provided by (used in) operating activities (37.5) 58.0
Investing Activities:    
Purchases of property, plant and equipment (97.9) (223.7)
Purchases of businesses, net of cash acquired (92.5) 0
Asset disposals and other 2.1 0.5
Cash used in investing activities (188.3) (223.2)
Financing Activities:    
Payments on long-term debt and capital leases (403.4) (5.9)
Net borrowings under credit facilities 0 0.6
Dividends paid to stockholders (38.6) (38.4)
Dividends paid to noncontrolling interests 0 (18.0)
Taxes on share-based compensation 0 2.6
Exercises of stock options and other 0 0.4
Shares repurchased for income tax withholding on share-based compensation (3.9) (6.6)
Cash used in financing activities (445.9) (65.3)
Decrease in cash and cash equivalents    
Decrease in cash and cash equivalents (671.7) (230.5)
Cash and cash equivalents at beginning of period 1,026.8 304.6
Cash and cash equivalents at end of period $ 355.1 $ 74.1