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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Statement Of Cash Flows [Abstract]    
Net earnings available to common stockholders $ 91.9 $ 97.2 [1],[2]
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 49.1 54.8 [1]
Share-based incentive compensation 12.6 18.3 [1]
Profit sharing expense 6.8 9.8 [1]
Loss on debt redemption and refinancing activities [1]   0.5
Remeasurement loss (gain) related to Venezuelan subsidiaries 1.7 (0.8) [1]
Provisions for bad debt 1.0 2.1 [1]
Provisions for inventory obsolescence 3.6 3.2 [1]
Deferred taxes, net (11.4) 16.0 [1]
Excess tax benefit from stock based compensation (6.8)  
Net (gain) on disposals of property and equipment and other [1]   (3.3)
Net loss on sale of business 2.5  
Other non-cash items 3.7 (0.1) [1]
Changes in operating assets and liabilities:    
Trade receivables, net (22.3) 8.5 [1]
Inventories (65.1) (83.8) [1]
Accounts payable 39.0 75.0 [1]
Settlement agreement and related items [1]   235.2
Other assets and liabilities (102.3) (107.5) [1]
Net cash provided by operating activities 4.0 325.1 [1]
Cash flows from investing activities:    
Capital expenditures (51.8) (20.7) [1]
Proceeds, net from sale of business 4.2  
Businesses acquired in purchase transactions, net of cash and cash equivalents acquired [1]   (8.5)
Proceeds from sales of property, equipment and other assets 1.3 25.4 [1]
Settlement of foreign currency forward contracts (22.4) 32.0 [1]
Net cash (used in) provided by investing activities (68.7) 28.2 [1]
Cash flows from financing activities:    
Net proceeds from (re-payments of) borrowings 106.8 (39.1) [1]
Excess tax benefit from stock based compensation 6.8  
Cash used as collateral on borrowing arrangements (0.2) (14.2) [1]
Dividends paid on common stock (26.2) (27.5) [1]
Acquisition of common stock for tax withholding obligations under our Omnibus stock plan and 2005 Contingent Stock Plan (22.3) (6.2) [1]
Repurchases of common stock (32.0) (69.2) [1]
Net cash provided by (used in) financing activities 32.9 (156.2) [1]
Effect of foreign currency exchange rate changes on cash and cash equivalents (10.9) 2.5 [1]
Balance, beginning of period 358.4 [3] 286.4 [1]
Net change during the period (42.7) 199.6 [1]
Balance, end of period 315.7 486.0 [1]
Supplemental Cash Flow Information:    
Interest payments, net of amounts capitalized 48.9 58.7 [1]
Income tax payments 29.6 23.8 [1]
Stock appreciation rights payments (less amounts included in restructuring payments) 0.1 3.7 [1]
Restructuring payments including associated costs 18.7 22.0 [1]
Non-cash items:    
Transfers of shares of our common stock from treasury for our 2014 and 2013 profit-sharing plan contributions $ 37.6 $ 36.7 [1]
[1] For the three months ended March 31, 2015, certain amounts related to foreign currency gains and losses, including the remeasurement loss related to Venezuelan subsidiaries in 2015, and the settlement of foreign currency forward contracts were misclassified. Additional revisions were made to the Condensed Consolidated Balance Sheets for the three months ended March 31, 2015. As a result, corresponding changes were made on the Condensed Consolidated Statement of Cash Flows. See Note 1 “Organization and Basis of Presentation” under the heading “Reclassifications and Revisions” for further discussion of the revisions.
[2] For the three months ended March 31, 2015, certain foreign currency translation adjustments were misclassified on the Condensed Consolidated Statement of Comprehensive Income in deferred pension items and unrealized losses on cash flow hedge derivative instruments. See Note 1 “Organization and Basis of Presentation” under the heading “Reclassifications and Revisions” for further discussion of the revisions.
[3] As of January 1, 2016, we have adopted ASU 2015-03 and ASU 2015-15 with retrospective application. This resulted in a reclassification from other non-current assets to long-term debt, less current portion for debt issuance costs. Refer to Note 2, “Recently Issued Accounting Standards” of the notes to the condensed consolidated financial statements for further details.