XML 39 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows From Operations    
Net earnings $ 113.2 $ 60.5
Adjustments to reconcile net earnings to cash used for operating activities of continuing operations:    
Discontinued operations, net of income taxes 1.5 (0.3)
Depreciation 54.2 51.1
Amortization of intangible assets 26.8 27.9
Amortization of deferred financing fees 5.3 6.1
Deferred income taxes (1.0) 1.8
Loss on early debt extinguishment 0.4 0
Loss on sale of property, plant and equipment 3.2 0.8
Loss on sale of discontinued operations 1.6 0
Stock-based compensation expense 12.3 11.8
Changes in operating assets and liabilities, excluding effects of business acquisitions and divestitures:    
Accounts receivable 39.0 (42.3)
Inventories (145.4) (200.9)
Other assets (45.6) (16.0)
Accounts payable (6.1) 2.7
Accrued expenses and other liabilities (3.5) 23.1
Net cash provided by (used for) operating activities of continuing operations 55.9 (73.7)
Net cash (used for) provided by operating activities of discontinued operations (3.3) 2.8
Net cash provided by (used for) operating activities 52.6 (70.9)
Cash Flows from Investing:    
Capital expenditures (73.3) (50.2)
Proceeds from sale of property, plant and equipment 1.4 0.7
Restricted cash 1.2 (2.9)
Proceeds from sale of business 39.2 0
Net Cash Used For Investing Activities, Continuing Operations (31.5) (52.4)
Cash Used For Investing Activities, Discontinued Operations (0.1) (0.1)
Net cash used for investing activities (31.6) (52.5)
Cash Flows from Financing:    
Proceeds from revolving credit facility 16.7 123.4
Proceeds from Swap Monetization 0 14.8
Payments on long-term debt (55.8) (70.3)
Proceeds from long-term debt 28.3 73.1
Payments on notes financing (0.9) (21.5)
Debt issuance costs 0 0.3
Exercises of stock options 3.8 2.6
Net cash (used for) provided by financing activities (7.9) 121.8
Effect of exchange rate changes on cash (2.0) 1.3
Net increase (decrease) in cash and cash equivalents 11.1 (0.3)
Balance at beginning of period 73.4 68.6
Balance at end of period $ 84.5 $ 68.3