XML 28 R8.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net (loss) earnings $ (42.3) $ (233.8) $ (87.0)
Adjustments to reconcile net loss to cash from operating activities:      
Depreciation and amortization 73.7 135.7 151.6
Goodwill and Intangible Asset Impairment 0.0 144.7 0.0
Impairment charges on fixed and other assets 0.9 56.5 1.4
Impairment charges on fixed and other assets 0.5 4.2 0.2
Deferred income taxes 4.0 (25.0) 1.2
Non-cash restructuring related charges 0.0 0.0 18.8
Stock-based compensation 21.5 16.5 9.0
Gain (Loss) on Disposition of Business 25.6 0.0 0.0
Amortization of Debt Issuance Costs and Discounts 5.6 0.8 0.5
Other, net (3.2) (1.1) (2.7)
Cash effect of changes in assets and liabilities (excluding effects of foreign exchange):      
Receivables, net 35.9 45.2 (24.3)
Inventories, net 21.9 11.7 (18.2)
Prepaid and other current assets (1.2) 1.6 1.7
Accounts payable (26.6) (42.7) 38.0
Accrued compensation and employee benefits (0.7) 0.3 (3.4)
Other accrued expenses (9.6) (14.9) 23.8
Accrued taxes 5.3 (12.9) 11.6
Other non-current assets and non-current liabilities (3.3) (4.2) (6.5)
Net cash provided by operating activities 107.5 78.4 115.5
Proceeds from Divestiture of Businesses 40.6 0.0 0.0
Investing Activities      
Additions to property, plant and equipment (38.7) (63.1) (83.9)
Acquisitions of business (net of cash acquired) 0.0 (35.1) 0.0
Proceeds from the sale of investments 2.0 4.0 14.5
Capitalized patent defense costs 0.0 (1.0) (16.0)
Purchase of intellectual property license 0.0 (0.5) 0.0
Proceeds from the sale of property, plant and equipment 2.0 0.5 0.3
Purchase of investment 0.0 0.0 (8.0)
Net cash provided by (used in) investing activities 5.9 (95.2) (93.1)
Financing Activities      
Repayments of Lines of Credit (132.0) (85.0) 0.0
Proceeds from Lines of Credit 32.0 130.0 0.0
Repayments of Long-term Debt (166.5) (15.0) 0.0
Proceeds from Convertible Debt 172.5 0.0 0.0
Proceeds from Issuance of Warrants 39.1 0.0 0.0
Payments for Hedge, Financing Activities (44.5) 0.0 0.0
Proceeds from term loan debt 0.0 0.0 400.0
Payments Related to Tax Withholding for Share-based Compensation (1.5) (2.2) 0.0
Repayments of Long-term Capital Lease Obligations (2.3) (1.4) 0.0
Debt issuance costs (6.7) (0.3) (3.3)
Net proceeds from exercise of stock-based awards 0.0 0.0 0.1
Net transfers to Former Parent Company 0.0 0.0 468.2
Net cash (used in) provided by financing activities (109.9) 26.1 (71.4)
Effect of exchange rate changes on cash and cash equivalents (0.6) (1.2) (1.4)
Net increase (decrease) in cash and cash equivalents 2.9 8.1 (50.4)
Cash and cash equivalents at beginning of period 63.3 55.2 105.6
Supplemental information - cash paid during the year for:      
Income taxes 4.2 19.3 20.9
Interest $ 12.2 $ 11.2 $ 6.7