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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 135.5 $ 265.2
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 108.2 119.3
Deferred debt issuance cost amortization 1.2 1.8
Amortization of intangibles 21.4 20.0
Stock compensation 7.1 11.8
Equity in net earnings of affiliates, net of cash received (22.9) (19.6)
Deferred income tax provision (3.0) 8.6
Other (0.2) 2.1
Changes in operating assets and liabilities, net of effects from purchase of businesses:    
Accounts and notes receivable, net (147.4) (271.4)
Inventories, net (170.9) (418.1)
Other current and noncurrent assets (33.1) (37.2)
Accounts payable 149.5 12.6
Accrued expenses (17.4) 8.6
Other current and noncurrent liabilities 0.0 42.1
Total adjustments (107.5) (519.4)
Net cash provided by (used in) operating activities 28.0 (254.2)
Cash flows from investing activities:    
Purchases of property, plant and equipment (101.3) (155.5)
Proceeds from sale of property, plant and equipment 0.8 1.5
Purchase of businesses, net of cash acquired (18.6) (0.1)
Investment in unconsolidated affiliates (5.2) 0.0
Net cash used in investing activities (124.3) (154.1)
Cash flows from financing activities:    
Proceeds from debt obligations, net 432.9 51.9
Purchases and retirement of common stock (125.0) (290.0)
Payment of dividends to stockholders (21.3) (20.6)
Payment of minimum tax withholdings on stock compensation (6.0) (11.9)
Payment of debt issuance costs (0.7) (1.3)
Conversion of convertible senior subordinated notes 0.0 (49.7)
Distribution to noncontrolling interests 0.0 (2.0)
Net cash provided by (used in) financing activities 279.9 (323.6)
Effects of exchange rate changes on cash and cash equivalents (49.1) 8.0
Increase (decrease) in cash and cash equivalents 134.5 (723.9)
Cash and cash equivalents, beginning of period 363.7 1,047.2
Cash and cash equivalents, end of period $ 498.2 $ 323.3