| Schedule of condensed consolidating statements of income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2015 |
|
Three Months Ended March 31, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Net revenue |
$ |
— |
|
|
$ |
235.7 |
|
|
$ |
220.0 |
|
|
$ |
(51.1 |
) |
|
$ |
404.6 |
|
|
$ |
— |
|
|
$ |
212.4 |
|
|
$ |
227.4 |
|
|
$ |
(43.0 |
) |
|
$ |
396.8 |
|
Cost of goods sold |
— |
|
|
119.2 |
|
|
162.2 |
|
|
(25.4 |
) |
|
256.0 |
|
|
— |
|
|
104.8 |
|
|
165.6 |
|
|
(16.4 |
) |
|
254.0 |
|
Gross profit |
— |
|
|
116.5 |
|
|
57.8 |
|
|
(25.7 |
) |
|
148.6 |
|
|
— |
|
|
107.6 |
|
|
61.8 |
|
|
(26.6 |
) |
|
142.8 |
|
Operating expenses |
10.7 |
|
|
63.8 |
|
|
42.9 |
|
|
(25.7 |
) |
|
91.7 |
|
|
11.8 |
|
|
63.3 |
|
|
51.4 |
|
|
(26.6 |
) |
|
99.9 |
|
Operating profit |
(10.7 |
) |
|
52.7 |
|
|
14.9 |
|
|
— |
|
|
56.9 |
|
|
(11.8 |
) |
|
44.3 |
|
|
10.4 |
|
|
— |
|
|
42.9 |
|
Interest expense |
5.2 |
|
|
0.4 |
|
|
0.8 |
|
|
— |
|
|
6.4 |
|
|
4.8 |
|
|
— |
|
|
0.8 |
|
|
— |
|
|
5.6 |
|
Other income (expense), net |
(1.7 |
) |
|
(0.6 |
) |
|
(2.7 |
) |
|
— |
|
|
(5.0 |
) |
|
0.2 |
|
|
10.1 |
|
|
(0.6 |
) |
|
— |
|
|
9.7 |
|
Equity in net income (loss) of subsidiaries |
40.9 |
|
|
3.0 |
|
|
— |
|
|
(43.9 |
) |
|
— |
|
|
40.9 |
|
|
3.0 |
|
|
— |
|
|
(43.9 |
) |
|
— |
|
Income (loss) before income taxes |
23.3 |
|
|
54.7 |
|
|
11.4 |
|
|
(43.9 |
) |
|
45.5 |
|
|
24.5 |
|
|
57.4 |
|
|
9.0 |
|
|
(43.9 |
) |
|
47.0 |
|
Income tax expense (benefit) |
(7.4 |
) |
|
19.2 |
|
|
2.5 |
|
|
— |
|
|
14.3 |
|
|
(8.5 |
) |
|
19.9 |
|
|
2.3 |
|
|
— |
|
|
13.7 |
|
Consolidated net income |
30.7 |
|
|
35.5 |
|
|
8.9 |
|
|
(43.9 |
) |
|
31.2 |
|
|
33.0 |
|
|
37.5 |
|
|
6.7 |
|
|
(43.9 |
) |
|
33.3 |
|
Less: Net income attributable to |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
noncontrolling interests |
— |
|
|
— |
|
|
0.5 |
|
|
— |
|
|
0.5 |
|
|
— |
|
|
— |
|
|
0.3 |
|
|
— |
|
|
0.3 |
|
Net income (1) |
$ |
30.7 |
|
|
$ |
35.5 |
|
|
$ |
8.4 |
|
|
$ |
(43.9 |
) |
|
$ |
30.7 |
|
|
$ |
33.0 |
|
|
$ |
37.5 |
|
|
$ |
6.4 |
|
|
$ |
(43.9 |
) |
|
$ |
33.0 |
|
Consolidated comprehensive income |
$ |
(8.6 |
) |
|
$ |
36.4 |
|
|
$ |
(32.7 |
) |
|
$ |
(3.2 |
) |
|
$ |
(8.1 |
) |
|
$ |
33.5 |
|
|
$ |
38.2 |
|
|
$ |
6.7 |
|
|
$ |
(44.4 |
) |
|
$ |
34.0 |
|
Less: Comprehensive income attributable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
to noncontrolling interests |
— |
|
|
— |
|
|
0.5 |
|
|
— |
|
|
0.5 |
|
|
— |
|
|
— |
|
|
0.5 |
|
|
— |
|
|
0.5 |
|
Comprehensive income (2) |
$ |
(8.6 |
) |
|
$ |
36.4 |
|
|
$ |
(33.2 |
) |
|
$ |
(3.2 |
) |
|
$ |
(8.6 |
) |
|
$ |
33.5 |
|
|
$ |
38.2 |
|
|
$ |
6.2 |
|
|
$ |
(44.4 |
) |
|
$ |
33.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended March 31, 2015 |
|
Six Months Ended March 31, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Net revenue |
$ |
— |
|
|
$ |
452.4 |
|
|
$ |
453.5 |
|
|
$ |
(99.8 |
) |
|
$ |
806.1 |
|
|
$ |
— |
|
|
$ |
412.7 |
|
|
$ |
452.4 |
|
|
$ |
(83.4 |
) |
|
$ |
781.7 |
|
Cost of goods sold |
— |
|
|
233.5 |
|
|
335.0 |
|
|
(49.4 |
) |
|
519.1 |
|
|
— |
|
|
207.3 |
|
|
332.2 |
|
|
(31.6 |
) |
|
507.9 |
|
Gross profit |
— |
|
|
218.9 |
|
|
118.5 |
|
|
(50.4 |
) |
|
287.0 |
|
|
— |
|
|
205.4 |
|
|
120.2 |
|
|
(51.8 |
) |
|
273.8 |
|
Operating expenses |
18.8 |
|
|
126.7 |
|
|
87.8 |
|
|
(50.4 |
) |
|
182.9 |
|
|
20.8 |
|
|
125.2 |
|
|
99.7 |
|
|
(51.8 |
) |
|
193.9 |
|
Operating profit |
(18.8 |
) |
|
92.2 |
|
|
30.7 |
|
|
— |
|
|
104.1 |
|
|
(20.8 |
) |
|
80.2 |
|
|
20.5 |
|
|
— |
|
|
79.9 |
|
Interest expense |
10.1 |
|
|
0.4 |
|
|
1.6 |
|
|
— |
|
|
12.1 |
|
|
9.7 |
|
|
0.1 |
|
|
2.1 |
|
|
— |
|
|
11.9 |
|
Other income (expense), net |
(1.7 |
) |
|
(0.6 |
) |
|
(2.7 |
) |
|
— |
|
|
(5.0 |
) |
|
0.1 |
|
|
9.4 |
|
|
0.1 |
|
|
— |
|
|
9.6 |
|
Equity in net income (loss) of subsidiaries |
75.0 |
|
|
5.2 |
|
|
— |
|
|
(80.2 |
) |
|
— |
|
|
69.5 |
|
|
4.9 |
|
|
— |
|
|
(74.4 |
) |
|
— |
|
Income (loss) before income taxes |
44.4 |
|
|
96.4 |
|
|
26.4 |
|
|
(80.2 |
) |
|
87.0 |
|
|
39.1 |
|
|
94.4 |
|
|
18.5 |
|
|
(74.4 |
) |
|
77.6 |
|
Income tax expense (benefit) |
(15.8 |
) |
|
34.1 |
|
|
7.8 |
|
|
— |
|
|
26.1 |
|
|
(14.2 |
) |
|
33.1 |
|
|
3.8 |
|
|
— |
|
|
22.7 |
|
Consolidated net income |
60.2 |
|
|
62.3 |
|
|
18.6 |
|
|
(80.2 |
) |
|
60.9 |
|
|
53.3 |
|
|
61.3 |
|
|
14.7 |
|
|
(74.4 |
) |
|
54.9 |
|
Less: Net income attributable to |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
noncontrolling interests |
— |
|
|
— |
|
|
0.7 |
|
|
— |
|
|
0.7 |
|
|
— |
|
|
— |
|
|
1.6 |
|
|
— |
|
|
1.6 |
|
Net income (1) |
$ |
60.2 |
|
|
$ |
62.3 |
|
|
$ |
17.9 |
|
|
$ |
(80.2 |
) |
|
$ |
60.2 |
|
|
$ |
53.3 |
|
|
$ |
61.3 |
|
|
$ |
13.1 |
|
|
$ |
(74.4 |
) |
|
$ |
53.3 |
|
Consolidated comprehensive income |
$ |
1.2 |
|
|
$ |
64.0 |
|
|
$ |
(30.4 |
) |
|
$ |
(33.0 |
) |
|
$ |
1.8 |
|
|
$ |
65.2 |
|
|
$ |
62.7 |
|
|
$ |
25.3 |
|
|
$ |
(86.3 |
) |
|
$ |
66.9 |
|
Less: Comprehensive income attributable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
to noncontrolling interests |
— |
|
|
— |
|
|
0.6 |
|
|
— |
|
|
0.6 |
|
|
— |
|
|
— |
|
|
1.7 |
|
|
— |
|
|
1.7 |
|
Comprehensive income (2) |
$ |
1.2 |
|
|
$ |
64.0 |
|
|
$ |
(31.0 |
) |
|
$ |
(33.0 |
) |
|
$ |
1.2 |
|
|
$ |
65.2 |
|
|
$ |
62.7 |
|
|
$ |
23.6 |
|
|
$ |
(86.3 |
) |
|
$ |
65.2 |
|
(1) Net income attributable to Hillenbrand
(2) Comprehensive income attributable to Hillenbrand
|
| Schedule of condensed consolidating balance sheets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2015 |
|
September 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Cash and equivalents |
$ |
0.1 |
|
|
$ |
7.5 |
|
|
$ |
35.4 |
|
|
$ |
— |
|
|
$ |
43.0 |
|
|
$ |
0.4 |
|
|
$ |
10.6 |
|
|
$ |
47.0 |
|
|
$ |
— |
|
|
$ |
58.0 |
|
Trade receivables, net |
— |
|
|
102.6 |
|
|
69.7 |
|
|
— |
|
|
172.3 |
|
|
— |
|
|
113.2 |
|
|
77.8 |
|
|
— |
|
|
191.0 |
|
Unbilled receivables from long-term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
manufacturing contracts |
— |
|
|
6.5 |
|
|
127.8 |
|
|
— |
|
|
134.3 |
|
|
— |
|
|
4.0 |
|
|
145.3 |
|
|
— |
|
|
149.3 |
|
Inventories |
— |
|
|
80.9 |
|
|
97.1 |
|
|
(3.1 |
) |
|
174.9 |
|
|
— |
|
|
69.7 |
|
|
101.8 |
|
|
(3.0 |
) |
|
168.5 |
|
Deferred income taxes |
8.5 |
|
|
17.2 |
|
|
3.0 |
|
|
— |
|
|
28.7 |
|
|
10.6 |
|
|
17.3 |
|
|
2.6 |
|
|
— |
|
|
30.5 |
|
Prepaid expense |
3.0 |
|
|
8.2 |
|
|
10.2 |
|
|
— |
|
|
21.4 |
|
|
2.5 |
|
|
4.9 |
|
|
11.6 |
|
|
— |
|
|
19.0 |
|
Intercompany receivables |
283.8 |
|
|
1,129.0 |
|
|
36.6 |
|
|
(1,449.4 |
) |
|
— |
|
|
291.0 |
|
|
1,189.9 |
|
|
5.3 |
|
|
(1,486.2 |
) |
|
— |
|
Other current assets |
0.5 |
|
|
1.7 |
|
|
14.9 |
|
|
0.7 |
|
|
17.8 |
|
|
1.2 |
|
|
2.1 |
|
|
17.8 |
|
|
0.4 |
|
|
21.5 |
|
Total current assets |
295.9 |
|
|
1,353.6 |
|
|
394.7 |
|
|
(1,451.8 |
) |
|
592.4 |
|
|
305.7 |
|
|
1,411.7 |
|
|
409.2 |
|
|
(1,488.8 |
) |
|
637.8 |
|
Property, plant and equipment, net |
6.7 |
|
|
65.6 |
|
|
80.4 |
|
|
— |
|
|
152.7 |
|
|
6.7 |
|
|
65.4 |
|
|
87.4 |
|
|
— |
|
|
159.5 |
|
Intangible assets, net |
2.3 |
|
|
180.4 |
|
|
282.1 |
|
|
— |
|
|
464.8 |
|
|
2.5 |
|
|
186.1 |
|
|
321.9 |
|
|
— |
|
|
510.5 |
|
Goodwill |
— |
|
|
211.7 |
|
|
324.1 |
|
|
— |
|
|
535.8 |
|
|
— |
|
|
211.7 |
|
|
359.0 |
|
|
— |
|
|
570.7 |
|
Investment in consolidated subsidiaries |
1,983.8 |
|
|
645.9 |
|
|
— |
|
|
(2,629.7 |
) |
|
— |
|
|
2,000.2 |
|
|
644.0 |
|
|
— |
|
|
(2,644.2 |
) |
|
— |
|
Other assets |
33.9 |
|
|
25.9 |
|
|
3.8 |
|
|
(21.0 |
) |
|
42.6 |
|
|
25.8 |
|
|
9.9 |
|
|
4.3 |
|
|
— |
|
|
40.0 |
|
Total Assets |
$ |
2,322.6 |
|
|
$ |
2,483.1 |
|
|
$ |
1,085.1 |
|
|
$ |
(4,102.5 |
) |
|
$ |
1,788.3 |
|
|
$ |
2,340.9 |
|
|
$ |
2,528.8 |
|
|
$ |
1,181.8 |
|
|
$ |
(4,133.0 |
) |
|
$ |
1,918.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade accounts payable |
$ |
0.4 |
|
|
$ |
25.9 |
|
|
$ |
91.4 |
|
|
$ |
0.3 |
|
|
$ |
118.0 |
|
|
$ |
3.0 |
|
|
$ |
32.8 |
|
|
$ |
156.8 |
|
|
$ |
— |
|
|
$ |
192.6 |
|
Liabilities from long-term manufacturing |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
contracts and advances |
— |
|
|
22.8 |
|
|
56.5 |
|
|
— |
|
|
79.3 |
|
|
— |
|
|
20.4 |
|
|
55.7 |
|
|
— |
|
|
76.1 |
|
Current portion of long-term debt |
9.0 |
|
|
— |
|
|
— |
|
|
— |
|
|
9.0 |
|
|
15.0 |
|
|
— |
|
|
— |
|
|
— |
|
|
15.0 |
|
Accrued compensation |
22.6 |
|
|
20.5 |
|
|
8.0 |
|
|
— |
|
|
51.1 |
|
|
5.0 |
|
|
55.3 |
|
|
9.3 |
|
|
— |
|
|
69.6 |
|
Deferred income taxes |
— |
|
|
— |
|
|
21.4 |
|
|
— |
|
|
21.4 |
|
|
— |
|
|
1.6 |
|
|
19.1 |
|
|
— |
|
|
20.7 |
|
Intercompany payables |
1,174.9 |
|
|
277.6 |
|
|
— |
|
|
(1,452.5 |
) |
|
— |
|
|
1,202.7 |
|
|
286.5 |
|
|
— |
|
|
(1,489.2 |
) |
|
— |
|
Other current liabilities |
3.2 |
|
|
48.9 |
|
|
74.7 |
|
|
(19.4 |
) |
|
107.4 |
|
|
4.1 |
|
|
61.6 |
|
|
51.0 |
|
|
0.4 |
|
|
117.1 |
|
Total current liabilities |
1,210.1 |
|
|
395.7 |
|
|
252.0 |
|
|
(1,471.6 |
) |
|
386.2 |
|
|
1,229.8 |
|
|
458.2 |
|
|
291.9 |
|
|
(1,488.8 |
) |
|
491.1 |
|
Long-term debt |
550.0 |
|
|
— |
|
|
11.8 |
|
|
— |
|
|
561.8 |
|
|
525.9 |
|
|
— |
|
|
17.6 |
|
|
— |
|
|
543.5 |
|
Accrued pension and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
postretirement healthcare |
1.1 |
|
|
95.7 |
|
|
88.3 |
|
|
— |
|
|
185.1 |
|
|
1.0 |
|
|
94.2 |
|
|
105.7 |
|
|
— |
|
|
200.9 |
|
Deferred income taxes |
— |
|
|
19.9 |
|
|
29.5 |
|
|
(0.3 |
) |
|
49.1 |
|
|
0.8 |
|
|
15.1 |
|
|
39.5 |
|
|
— |
|
|
55.4 |
|
Other long-term liabilities |
0.1 |
|
|
23.4 |
|
|
11.1 |
|
|
(0.9 |
) |
|
33.7 |
|
|
0.1 |
|
|
27.7 |
|
|
6.0 |
|
|
— |
|
|
33.8 |
|
Total Liabilities |
1,761.3 |
|
|
534.7 |
|
|
392.7 |
|
|
(1,472.8 |
) |
|
1,215.9 |
|
|
1,757.6 |
|
|
595.2 |
|
|
460.7 |
|
|
(1,488.8 |
) |
|
1,324.7 |
|
Total Hillenbrand Shareholders’ Equity |
561.3 |
|
|
1,948.4 |
|
|
681.3 |
|
|
(2,629.7 |
) |
|
561.3 |
|
|
583.3 |
|
|
1,933.6 |
|
|
710.6 |
|
|
(2,644.2 |
) |
|
583.3 |
|
Noncontrolling interests |
— |
|
|
— |
|
|
11.1 |
|
|
— |
|
|
11.1 |
|
|
— |
|
|
— |
|
|
10.5 |
|
|
— |
|
|
10.5 |
|
Total Equity |
561.3 |
|
|
1,948.4 |
|
|
692.4 |
|
|
(2,629.7 |
) |
|
572.4 |
|
|
583.3 |
|
|
1,933.6 |
|
|
721.1 |
|
|
(2,644.2 |
) |
|
593.8 |
|
Total Liabilities and Equity |
$ |
2,322.6 |
|
|
$ |
2,483.1 |
|
|
$ |
1,085.1 |
|
|
$ |
(4,102.5 |
) |
|
$ |
1,788.3 |
|
|
$ |
2,340.9 |
|
|
$ |
2,528.8 |
|
|
$ |
1,181.8 |
|
|
$ |
(4,133.0 |
) |
|
$ |
1,918.5 |
|
|
| Schedule of condensed consolidating statements of cash flows |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended March 31, 2015 |
|
Six Months Ended March 31, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Net cash provided by (used in) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
operating activities |
$ |
12.7 |
|
|
$ |
84.8 |
|
|
$ |
(1.7 |
) |
|
$ |
(85.6 |
) |
|
$ |
10.2 |
|
|
$ |
13.0 |
|
|
$ |
37.2 |
|
|
$ |
79.3 |
|
|
$ |
(47.3 |
) |
|
$ |
82.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures |
(0.8 |
) |
|
(7.2 |
) |
|
(3.9 |
) |
|
— |
|
|
(11.9 |
) |
|
(0.8 |
) |
|
(6.4 |
) |
|
(4.2 |
) |
|
— |
|
|
(11.4 |
) |
Proceeds from sales of property, plant, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
and equipment |
— |
|
|
0.5 |
|
|
— |
|
|
— |
|
|
0.5 |
|
|
— |
|
|
0.7 |
|
|
— |
|
|
— |
|
|
0.7 |
|
Proceeds from warrant exercise |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
5.7 |
|
|
— |
|
|
— |
|
|
5.7 |
|
Other, net |
— |
|
|
(0.9 |
) |
|
(0.2 |
) |
|
— |
|
|
(1.1 |
) |
|
— |
|
|
— |
|
|
0.9 |
|
|
— |
|
|
0.9 |
|
Net cash used in investing activities |
(0.8 |
) |
|
(7.6 |
) |
|
(4.1 |
) |
|
— |
|
|
(12.5 |
) |
|
(0.8 |
) |
|
— |
|
|
(3.3 |
) |
|
— |
|
|
(4.1 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repayments on term loan |
(4.5 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(4.5 |
) |
|
(5.0 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(5.0 |
) |
Proceeds from revolving credit facilities |
191.0 |
|
|
— |
|
|
63.4 |
|
|
— |
|
|
254.4 |
|
|
158.0 |
|
|
— |
|
|
24.6 |
|
|
— |
|
|
182.6 |
|
Repayments on revolving credit facilities |
(268.5 |
) |
|
— |
|
|
(63.5 |
) |
|
— |
|
|
(332.0 |
) |
|
(137.5 |
) |
|
— |
|
|
(81.1 |
) |
|
— |
|
|
(218.6 |
) |
Proceeds from unsecured Series A Notes, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
net of financing costs |
99.6 |
|
|
— |
|
|
— |
|
|
— |
|
|
99.6 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Proceeds from other borrowings |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
1.0 |
|
|
— |
|
|
1.0 |
|
Payment of dividends on common stock |
(25.2 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(25.2 |
) |
|
(24.8 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(24.8 |
) |
Payment of dividends - intercompany |
— |
|
|
(80.3 |
) |
|
(5.3 |
) |
|
85.6 |
|
|
— |
|
|
— |
|
|
(38.4 |
) |
|
(8.9 |
) |
|
47.3 |
|
|
— |
|
Repurchases of common stock |
(9.2 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(9.2 |
) |
|
(16.5 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(16.5 |
) |
Net proceeds on stock plans |
3.4 |
|
|
— |
|
|
— |
|
|
— |
|
|
3.4 |
|
|
12.7 |
|
|
— |
|
|
— |
|
|
— |
|
|
12.7 |
|
Other, net |
1.2 |
|
|
— |
|
|
— |
|
|
— |
|
|
1.2 |
|
|
0.9 |
|
|
— |
|
|
(0.8 |
) |
|
— |
|
|
0.1 |
|
Net cash (used in) provided by |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
financing activities |
(12.2 |
) |
|
(80.3 |
) |
|
(5.4 |
) |
|
85.6 |
|
|
(12.3 |
) |
|
(12.2 |
) |
|
(38.4 |
) |
|
(65.2 |
) |
|
47.3 |
|
|
(68.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Effect of exchange rates on cash and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
cash equivalents |
— |
|
|
— |
|
|
(0.4 |
) |
|
— |
|
|
(0.4 |
) |
|
— |
|
|
— |
|
|
(1.3 |
) |
|
— |
|
|
(1.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash flow |
(0.3 |
) |
|
(3.1 |
) |
|
(11.6 |
) |
|
— |
|
|
(15.0 |
) |
|
— |
|
|
(1.2 |
) |
|
9.5 |
|
|
— |
|
|
8.3 |
|
Cash and equivalents at beginning of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
period |
0.4 |
|
|
10.6 |
|
|
47.0 |
|
|
— |
|
|
58.0 |
|
|
0.6 |
|
|
8.7 |
|
|
33.4 |
|
|
— |
|
|
42.7 |
|
Cash and equivalents at end of period |
$ |
0.1 |
|
|
$ |
7.5 |
|
|
$ |
35.4 |
|
|
$ |
— |
|
|
$ |
43.0 |
|
|
$ |
0.6 |
|
|
$ |
7.5 |
|
|
$ |
42.9 |
|
|
$ |
— |
|
|
$ |
51.0 |
|
|