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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities:    
Net income (loss) $ (98.1) $ 12.6
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 44.1 45.6
Deferred taxes (38.7) 5.0
Changes in operating assets and liabilities:    
Inventories 105.3 0.3
Accounts receivable (42.2) (87.3)
Accounts payable (43.2) 2.7
Retirement benefits 7.4 2.5
Accrued income taxes 4.3 60.6
Accrued liabilities and other (0.4) (30.0)
Cash provided by (used in) operating activities (61.5) 12.0
Investing Activities:    
Purchases of property, plant and equipment (69.5) (22.6)
Asset disposals and other 0.8 0.1
Cash used in investing activities (68.7) (22.5)
Financing Activities:    
Payments on long-term debt and capital leases (0.2) (0.3)
Net borrowings under credit facilities 152.2 0.0
Dividends paid to stockholders (8.6) (19.3)
Acquisition of noncontrolling interests (6.1) 0.0
Shares repurchased for income tax withholding on share-based compensation 0.0 (1.4)
Cash provided by (used in) financing activities 137.3 (21.0)
Increase (decrease) in cash and cash equivalents    
Increase (decrease) in cash and cash equivalents 7.1 (31.5)
Cash and cash equivalents at beginning of period 149.8 269.5
Cash and cash equivalents at end of period $ 156.9 $ 238.0