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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 115.4 $ 83.4
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 115.1 108.9
Amortization of intangibles 33.9 27.2
Stock compensation expense 22.5 22.6
Equity in net earnings of affiliates, net of cash received (13.4) (5.6)
Deferred income tax (benefit) provision (14.3) 0.6
Other 1.3 1.8
Changes in operating assets and liabilities:    
Accounts and notes receivable, net (83.0) (94.3)
Inventories, net (396.3) (316.5)
Other current and noncurrent assets (47.3) (48.4)
Accounts payable 7.9 120.6
Accrued expenses 6.7 9.9
Other current and noncurrent liabilities 47.2 23.4
Total adjustments (319.7) (149.8)
Net cash used in operating activities (204.3) (66.4)
Cash flows from investing activities:    
Purchases of property, plant and equipment (89.8) (92.3)
Proceeds from sale of property, plant and equipment 2.3 1.6
Investments in unconsolidated affiliates (5.8) (0.8)
Other 0.4 0.0
Net cash used in investing activities (92.9) (91.5)
Cash flows from financing activities:    
Proceeds from indebtedness 2,555.7 1,966.6
Repayments of indebtedness (2,273.6) (1,911.8)
Purchases and retirement of common stock (34.3) 0.0
Payment of dividends to stockholders (23.8) (22.2)
Payment of minimum tax withholdings on stock compensation (3.5) (4.0)
Investments by noncontrolling interests 0.0 0.2
Net cash provided by financing activities 220.5 28.8
Effects of exchange rate changes on cash and cash equivalents (10.4) 17.2
Decrease in cash and cash equivalents (87.1) (111.9)
Cash and cash equivalents, beginning of period 367.7 429.7
Cash and cash equivalents, end of period $ 280.6 $ 317.8