XML 58 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Cash Flows (USD $)
In Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ (35.4) $ 22.4 $ (58.3) $ (0.3)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation and amortization 20.2 22.4 41.6 42.8
(Gain) loss from unconsolidated affiliates 7.4 (0.9) 10.7 (0.2)
(Gain) loss on sale or impairment of long-lived assets 2.5 (0.1) 8.0 1.2
Other operating charges and credits, net (1.5) 2.8 (1.5) 2.7
Exchange loss on remeasurement 0.2 (0.3) 2.7 0.2
Cash settlement of contingencies (0.4) (1.0) (0.9) (3.4)
Pension (payments) expense, net 0.4 1.4 0.4 3.4
Stock-based compensation expense 1.3 2.2 4.8 5.4
Other adjustments, net 7.2 1.6 7.6 3.5
Decrease (increase) in receivables 5.8 (14.3) (24.7) (50.7)
Decrease (increase) in income tax receivable 13.4 (9.7) 4.7 37.4
Decrease (increase) in inventories 29.2 19.4 (20.6) (24.2)
Decrease (increase) in prepaid expenses (5.3) (5.8) (2.9) (1.6)
Increase (decrease) in accounts payable and accrued liabilities (4.0) 7.6 (2.3) 8.6
Increase (decrease) in deferred income taxes (11.6) 20.0 (8.3) 10.8
Net cash provided by (used in) operating activities 29.4 67.7 (39.0) 35.6
CASH FLOWS FROM INVESTING ACTIVITIES:        
Property, plant, and equipment additions (5.6) (3.5) (8.0) (5.4)
Investments and advances to joint ventures (1.1) 8.2 (3.1) 6.1
Proceeds from sales of assets 0.3 1.2 0.3 1.2
Receipt of proceeds from notes receivable 0 115.1 0 115.1
Decrease in restricted cash under letters of credit/credit facility 8.1 5.3 16.4 5.2
Other investing activities, net 0 (0.4) 0 0
Net cash provided by investing activities 1.7 125.9 5.6 122.2
CASH FLOWS FROM FINANCING ACTIVITIES:        
Repayment of long term debt (0.1) (113.8) (0.1) (113.8)
Short term borrowings 4.5 0 4.5 0
Redemption of non-controlling interest (24.0) 0 (24.0) 0
Payment of debt issuance fees (1.0) 0 (1.0) 0
Net cash used in financing activities (20.6) (113.8) (20.6) (113.8)
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS 2.3 (0.1) (1.3) (1.0)
Net increase (decrease) in cash and cash equivalents 12.8 79.7 (55.3) 43.0
Cash and cash equivalents at beginning of period 321.2 357.4 389.3 394.1
Cash and cash equivalents at end of period $ 334.0 $ 437.1 $ 334.0 $ 437.1