XML 141 R126.htm IDEA: XBRL DOCUMENT v3.3.1.900
Subsidiary Guarantors of Senior Notes due 2020 and Senior Notes due 2022 - Condensed Consolidating Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Condensed consolidating statement of cash flows      
Net cash provided by (used for) operating activities of continuing operations $ 97.8 $ 105.4 $ 334.1
Cash used for operating activities of discontinued operations 0.2 (7.1) (11.0)
Net cash provided by operating activities 98.0 98.3 323.1
Cash Flows from Investing:      
Capital expenditures (68.1) (84.8) (110.7)
Proceeds from sale of property, plant and equipment 7.3 12.8 4.1
Restricted cash 4.8 (11.6) (2.0)
Business acquisitions, net of cash acquired (5.3) 0.0 (12.2)
Proceeds from sale of business 78.2 0.0 39.2
Intercompany investments 0.0 0.0 0.0
Net cash provided by (used for) investing activities of continuing operations 16.9 (83.6) (81.6)
Net cash provided by (used for) investing activities of discontinued operations 0.0 0.0 (0.6)
Net cash provided by (used for) investing activities 16.9 (83.6) (82.2)
Cash Flows from Financing:      
Payments on long-term debt (106.1) (638.7) (266.5)
Proceeds from long-term debt 5.6 640.3 43.0
Payments on revolving credit facility-net 0.0 0.0 (34.4)
Payments on notes financing—net (9.4) (0.3) 6.6
Debt issue costs 0.0 (5.2) (1.1)
Dividends paid (10.9) (10.8) (10.7)
Exercises of stock options including windfall tax benefits 7.9 25.9 6.7
Intercompany financing 0.0 0.0 0.0
Net cash provided by (used for) financing activities of continuing operations (112.9) 11.2 (256.4)
Net cash used for financing activities of discontinued operations 0.0 (7.2) 0.0
Net cash provided by (used for) financing activities (112.9) 4.0 (256.4)
Effect of exchange rate changes on cash (6.6) (5.6) (2.8)
Net increase (decrease) in cash and cash equivalents (4.6) 13.1 (18.3)
Balance at beginning of year 68.0 54.9 73.2
Balance at end of year 63.4 68.0 54.9
Parent      
Condensed consolidating statement of cash flows      
Net cash provided by (used for) operating activities of continuing operations 217.1 (124.3) (51.6)
Cash used for operating activities of discontinued operations 0.0 0.0 0.0
Net cash provided by operating activities 217.1 (124.3) (51.6)
Cash Flows from Investing:      
Capital expenditures (1.0) (2.2) (0.8)
Proceeds from sale of property, plant and equipment 0.0 0.0 0.0
Restricted cash 2.8 0.0 2.6
Business acquisitions, net of cash acquired 0.0   0.0
Proceeds from sale of business 78.2    
Intercompany investments (118.0) 77.4 197.1
Net cash provided by (used for) investing activities of continuing operations (38.0) 75.2 198.9
Net cash provided by (used for) investing activities of discontinued operations 0.0 0.0 0.0
Net cash provided by (used for) investing activities (38.0) 75.2 198.9
Cash Flows from Financing:      
Payments on long-term debt (74.2) (607.7) (220.6)
Proceeds from long-term debt 0.0 550.0 0.0
Payments on revolving credit facility-net     (34.5)
Payments on notes financing—net 0.0 0.0 0.0
Debt issue costs   (5.2) (1.1)
Dividends paid (10.9) (10.8) (10.7)
Exercises of stock options including windfall tax benefits 7.9 25.9 6.7
Intercompany financing (102.1) 97.3 102.1
Net cash provided by (used for) financing activities of continuing operations (179.3) 49.5  
Net cash used for financing activities of discontinued operations 0.0 0.0  
Net cash provided by (used for) financing activities (179.3) 49.5 (158.1)
Effect of exchange rate changes on cash 0.0 0.0 0.0
Net increase (decrease) in cash and cash equivalents (0.2) 0.4 (10.8)
Balance at beginning of year 1.6 1.2 12.0
Balance at end of year 1.4 1.6 1.2
Guarantor Subsidiaries      
Condensed consolidating statement of cash flows      
Net cash provided by (used for) operating activities of continuing operations (11.1) 243.4 224.9
Cash used for operating activities of discontinued operations 0.2 (0.4) (2.3)
Net cash provided by operating activities (10.9) 243.0 222.6
Cash Flows from Investing:      
Capital expenditures (31.2) (51.3) (57.4)
Proceeds from sale of property, plant and equipment 0.0 0.1 2.0
Restricted cash 0.0 0.0 0.0
Business acquisitions, net of cash acquired 0.0   0.0
Proceeds from sale of business 0.0    
Intercompany investments 730.3 (213.9) (167.2)
Net cash provided by (used for) investing activities of continuing operations 699.1 (265.1) (222.6)
Net cash provided by (used for) investing activities of discontinued operations 0.0 0.0 0.0
Net cash provided by (used for) investing activities 699.1 (265.1) (222.6)
Cash Flows from Financing:      
Payments on long-term debt (2.7) (1.7) (0.7)
Proceeds from long-term debt 0.0 26.8 0.0
Payments on revolving credit facility-net     0.0
Payments on notes financing—net 0.0 0.0 0.0
Debt issue costs   0.0 0.0
Dividends paid (137.4) 0.0 0.0
Exercises of stock options including windfall tax benefits 0.0 0.0 0.0
Intercompany financing (546.4) (3.0) 0.0
Net cash provided by (used for) financing activities of continuing operations (686.5) 22.1  
Net cash used for financing activities of discontinued operations 0.0 0.0  
Net cash provided by (used for) financing activities (686.5) 22.1 (0.7)
Effect of exchange rate changes on cash 0.0 0.0 0.0
Net increase (decrease) in cash and cash equivalents 1.7 0.0 (0.7)
Balance at beginning of year 3.3 3.3 4.0
Balance at end of year 5.0 3.3 3.3
Non-Guarantor Subsidiaries      
Condensed consolidating statement of cash flows      
Net cash provided by (used for) operating activities of continuing operations 99.3 67.0 160.8
Cash used for operating activities of discontinued operations 0.0 (6.7) (8.7)
Net cash provided by operating activities 99.3 60.3 152.1
Cash Flows from Investing:      
Capital expenditures (35.9) (31.3) (52.5)
Proceeds from sale of property, plant and equipment 7.3 12.7 2.1
Restricted cash 2.0 (11.6) (4.6)
Business acquisitions, net of cash acquired (5.3)   (12.2)
Proceeds from sale of business 0.0    
Intercompany investments 288.8 118.8 (169.3)
Net cash provided by (used for) investing activities of continuing operations 256.9 88.6 (197.3)
Net cash provided by (used for) investing activities of discontinued operations 0.0 0.0 (0.6)
Net cash provided by (used for) investing activities 256.9 88.6 (197.9)
Cash Flows from Financing:      
Payments on long-term debt (29.2) (29.3) (45.2)
Proceeds from long-term debt 5.6 63.5 43.0
Payments on revolving credit facility-net     0.1
Payments on notes financing—net (9.4) (0.3) 6.6
Debt issue costs   0.0 0.0
Dividends paid (71.6) (80.7) 0.0
Exercises of stock options including windfall tax benefits 0.0 0.0 0.0
Intercompany financing (251.1) (76.6) 37.3
Net cash provided by (used for) financing activities of continuing operations (355.7) (123.4)  
Net cash used for financing activities of discontinued operations 0.0 (7.2)  
Net cash provided by (used for) financing activities (355.7) (130.6) 41.8
Effect of exchange rate changes on cash (6.6) (5.6) (2.8)
Net increase (decrease) in cash and cash equivalents (6.1) 12.7 (6.8)
Balance at beginning of year 63.1 50.4 57.2
Balance at end of year 57.0 63.1 50.4
Eliminations      
Condensed consolidating statement of cash flows      
Net cash provided by (used for) operating activities of continuing operations (207.5) (80.7) 0.0
Cash used for operating activities of discontinued operations 0.0 0.0 0.0
Net cash provided by operating activities (207.5) (80.7) 0.0
Cash Flows from Investing:      
Capital expenditures 0.0 0.0 0.0
Proceeds from sale of property, plant and equipment 0.0 0.0 0.0
Restricted cash 0.0 0.0 0.0
Business acquisitions, net of cash acquired 0.0   0.0
Proceeds from sale of business 0.0    
Intercompany investments (901.1) 17.7 139.4
Net cash provided by (used for) investing activities of continuing operations (901.1) 17.7 139.4
Net cash provided by (used for) investing activities of discontinued operations 0.0 0.0 0.0
Net cash provided by (used for) investing activities (901.1) 17.7 139.4
Cash Flows from Financing:      
Payments on long-term debt 0.0 0.0 0.0
Proceeds from long-term debt 0.0 0.0 0.0
Payments on revolving credit facility-net     0.0
Payments on notes financing—net 0.0 0.0 0.0
Debt issue costs   0.0 0.0
Dividends paid 209.0 80.7 0.0
Exercises of stock options including windfall tax benefits 0.0 0.0 0.0
Intercompany financing 899.6 (17.7) (139.4)
Net cash provided by (used for) financing activities of continuing operations 1,108.6 63.0  
Net cash used for financing activities of discontinued operations 0.0 0.0  
Net cash provided by (used for) financing activities 1,108.6 63.0 (139.4)
Effect of exchange rate changes on cash 0.0 0.0 0.0
Net increase (decrease) in cash and cash equivalents 0.0 0.0 0.0
Balance at beginning of year 0.0 0.0 0.0
Balance at end of year $ 0.0 $ 0.0 $ 0.0