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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES      
Net income $ 389.8 $ 472.7 $ 413.2
Non-cash expense (income):      
Depreciation 113.5 98.6 94.6
Amortization of intangibles 36.1 31.7 28.1
Stock-based compensation 36.1 43.0 32.0
Restructuring charges     (0.1)
Loss on sale of property, plant and equipment 1.2 0.9 1.2
Loss on sale of product line   2.4  
Asset impairment charges 62.6 15.3  
Recognition of actuarial losses (gains) 3.8 (0.5) 1.9
Deferred taxes 2.8 (18.7) (25.8)
Amortization of deferred financing costs 2.3 2.0 3.6
Changes in assets and liabilities including effects subsequent to acquisitions      
Decrease (increase) in accounts receivable 9.8 1.0 (39.1)
(Increase) decrease in inventories (55.0) (24.8) 52.4
Increase in accounts payable 21.0 24.0 57.6
(Increase) decrease in other assets (24.7) (28.3) 10.7
Increase (decrease) in accrued taxes 9.5 (24.4) 0.3
(Decrease) increase in accrued expenses and other liabilities (4.8) 5.4 19.9
NET CASH PROVIDED BY OPERATING ACTIVITIES 604.0 600.3 650.5
INVESTING ACTIVITIES      
Capital expenditures [1] (150.1) (165.0) (149.3)
Proceeds from the disposition of assets 6.1 0.4 3.9
Proceeds from sale of product line   1.5  
Cost of acquisitions, net of cash acquired (465.6) (124.6) (239.7)
Cost of investments in equity securities (28.7)    
Other investing activities, net 4.0    
NET CASH USED IN INVESTING ACTIVITIES (634.3) (287.7) (385.1)
FINANCING ACTIVITIES      
Increase in short-term debt 525.0   (1.1)
Issuance of long-term debt 2,191.2 640.0 1,065.0
Repayment of long-term debt (1,890.0) (565.0) (805.0)
Proceeds from the exercise of stock options 4.9 28.5 25.5
Employee withholding taxes paid related to stock-based compensation (14.0) (10.6) (10.1)
Deferred acquisition payments (13.1) (17.9)  
Dividends to stockholders (115.2) (110.3) (98.2)
Treasury stock purchases (694.6) (214.8) (424.5)
Other financing activities, net (1.0)   (2.0)
NET CASH USED IN FINANCING ACTIVITIES (6.8) (250.1) (250.4)
Effect of foreign exchange rate changes on cash (15.2) 9.0 (2.0)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (52.3) 71.5 13.0
Cash, cash equivalents and restricted cash at beginning of year [2] 323.0 251.5 238.5
Cash, cash equivalents and restricted cash at end of year [2] 270.7 323.0 251.5
Cash paid during the year for      
Interest 63.4 44.4 43.7
Income taxes paid directly to taxing authorities 114.2 169.7 172.1
Income taxes (received from) paid to Fortune Brands, Inc.     (0.6)
Dividends declared but not paid $ 30.9 $ 30.4 $ 27.6
[1] Capital expenditures of $16.7 million, $17.2 million and $11.9 million that have not been paid as of December 31, 2018, 2017 and 2016, respectively, were excluded from the Statement of Cash Flows.
[2] Restricted cash of $0.9 and $6.9 million is included in Other current assets and Other assets, respectively, as of December 31, 2018 within our Consolidated Balance Sheet. There was no restricted cash as of December 31, 2017.