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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES      
Net income (loss) $ 128.7 $ (175.5) $ 149.0
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:      
Depreciation and amortization 66.5 96.7 132.4
(Gain) loss on disposition of discontinued operations (68.7) (3.5) (3.4)
Deferred taxes 37.6 (137.6) (2.6)
Goodwill impairment 0.0 176.0 11.3
Asset impairments 6.8 70.0 25.4
(Gain) loss on sale of assets (58.0) (5.8) (1.0)
Loss on early extinguishment of debt 52.6 0.4 0.1
Stock-based compensation expense 38.5 37.8 38.5
Inventory and other non-cash charges 34.0 60.2 32.0
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):      
Trade receivables (0.5) 33.0 74.1
Inventories (33.5) 97.3 (90.6)
Trade accounts payable 25.0 (21.0) 41.7
Income taxes payable / receivable (14.7) 16.9 16.1
Other assets and liabilities (29.8) 175.7 (214.0)
Foreign exchange and other operating activities, net (31.5) (43.5) 18.5
Net cash provided by (used in) operating activities 153.0 377.1 227.5
INVESTING ACTIVITIES      
Capital expenditures (43.5) (73.0) (103.8)
Acquisitions, net of cash acquired 0.0 (7.0) (71.2)
Proceeds (payments) from disposition of discontinued operations 775.7 3.5 (0.2)
Proceeds from sale of assets 803.4 67.2 3.1
Other investing activities, net 0.0 (2.5) (0.6)
Net cash provided by (used in) investing activities 1,535.6 (11.8) (172.7)
FINANCING ACTIVITIES      
Repayments of debt (1,594.1) (1,286.3) (1,397.8)
Proceeds from issuance of debt 1,010.7 1,097.7 1,462.8
Payment of debt extinguishment costs (36.4) 0.0 0.0
Share repurchases (924.9) (82.7) (50.8)
Dividends paid (29.5) (30.0) (25.8)
Other financing activities, net (32.3) (8.9) (17.4)
Net cash provided by (used in) financing activities (1,606.5) (310.2) (29.0)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 46.1 (19.7) (37.5)
Net Increase (Decrease) in Cash and Cash Equivalents 128.2 35.4 (11.7)
Cash and Cash Equivalents at beginning of period 501.9 466.5 478.2
Cash and Cash Equivalents at end of period $ 630.1 $ 501.9 $ 466.5