Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.2.0.727
Consolidated Statements of Cash Flow - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Consolidated net income $ 93.4 $ 88.3
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 41.1 43.7
Deferred income taxes 3.2 (4.6)
Share-based compensation 8.9 6.2
Net (gain) loss on investments 2.1 (7.8)
Trade accounts receivable and receivables on long-term manufacturing contracts 14.7 33.6
Inventories (9.9) (6.2)
Other current assets (2.3) (12.8)
Trade accounts payable (66.3) (7.0)
Accrued expenses and other current liabilities (23.5) 14.5
Income taxes payable 13.9 (7.9)
Defined benefit plan and postretirement funding (7.7) (13.4)
Defined benefit plan and postretirement expense 10.8 10.8
Other, net (2.9) (0.5)
Net cash provided by operating activities 75.5 136.9
Investing Activities    
Capital expenditures (19.7) (17.9)
Proceeds from sales of property, plant, and equipment 0.7 0.8
Proceeds from investments 0.0 5.5
Other, net (1.2) 1.1
Net cash used in investing activities (20.2) (10.5)
Financing Activities    
Repayments on term loan (6.8) (7.5)
Proceeds from revolving credit facilities 334.2 247.1
Repayments on revolving credit facilities (453.1) (309.2)
Proceeds from unsecured Series A Notes, net of financing costs 99.6 0.0
Proceeds from other borrowings 2.2 0.7
Payments of dividends on common stock (37.8) (37.2)
Repurchases of common stock (9.2) (16.5)
Net proceeds on stock plans 3.5 13.5
Other, net 1.2 0.2
Net cash used in financing activities (66.2) (108.9)
Effect of exchange rates on cash and cash equivalents (1.5) 1.5
Net cash flows (12.4) 19.0
Cash and cash equivalents:    
At beginning of period 58.0 42.7
At end of period $ 45.6 $ 61.7