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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income (loss) $ (151.2) $ 53.3
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 86.9 149.8
Impairment of goodwill, intangibles and other assets 174.7  
Net gain from sale of businesses (5.2) (0.6)
Deferred income taxes (46.9) (94.4)
Stock-based compensation expense 4.9 10.1
Loss on change in fair value of investments 16.7  
Other, net 1.6 0.8
Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures:    
Accounts receivable 245.7 255.9
Inventories (258.7) (308.8)
Accounts payable (106.9) (285.8)
Accrued liabilities and other (162.0) (182.0)
Net cash used in operating activities (200.4) (401.7)
Cash flows from investing activities:    
Capital expenditures (58.2) (95.1)
Other investing activities (17.5) (10.2)
Net cash used in investing activities (75.7) (105.3)
Cash flows from financing activities:    
Net short-term debt 521.4 602.8
Payments on current portion long-term debt (268.2)  
Payments on long-term debt (4.6) (0.7)
Cash dividends (97.7) (112.6)
Debt issuance and extinguishment costs (2.7)  
Equity compensation activity and other, net (2.6) (14.8)
Net cash provided by financing activities 145.6 474.7
Exchange rate effect on cash and cash equivalents (1.1) 5.6
Decrease in cash and cash equivalents (131.6) (26.7)
Cash and cash equivalents at beginning of period 495.7 485.7
Cash and cash equivalents at end of period 364.1 459.0
Supplemental disclosures:    
Net cash provided by discontinued operating activities 11.9 35.9
Net cash used in discontinued investing activities (11.9) (35.7)
Capital expenditures for discontinued operations $ (12.5) $ (35.9)