| Schedule of condensed consolidating statements of income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2015 |
|
Three Months Ended June 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Net revenue |
$ |
— |
|
|
$ |
225.9 |
|
|
$ |
222.4 |
|
|
$ |
(49.6 |
) |
|
$ |
398.7 |
|
|
$ |
— |
|
|
$ |
219.6 |
|
|
$ |
240.7 |
|
|
$ |
(43.5 |
) |
|
$ |
416.8 |
|
Cost of goods sold |
— |
|
|
121.9 |
|
|
163.1 |
|
|
(25.2 |
) |
|
259.8 |
|
|
— |
|
|
113.5 |
|
|
172.2 |
|
|
(18.2 |
) |
|
267.5 |
|
Gross profit |
— |
|
|
104.0 |
|
|
59.3 |
|
|
(24.4 |
) |
|
138.9 |
|
|
— |
|
|
106.1 |
|
|
68.5 |
|
|
(25.3 |
) |
|
149.3 |
|
Operating expenses |
9.7 |
|
|
60.9 |
|
|
39.4 |
|
|
(24.4 |
) |
|
85.6 |
|
|
8.9 |
|
|
63.0 |
|
|
51.1 |
|
|
(25.3 |
) |
|
97.7 |
|
Operating profit |
(9.7 |
) |
|
43.1 |
|
|
19.9 |
|
|
— |
|
|
53.3 |
|
|
(8.9 |
) |
|
43.1 |
|
|
17.4 |
|
|
— |
|
|
51.6 |
|
Interest expense |
5.2 |
|
|
0.2 |
|
|
0.3 |
|
|
— |
|
|
5.7 |
|
|
4.6 |
|
|
0.1 |
|
|
0.9 |
|
|
— |
|
|
5.6 |
|
Other income (expense), net |
1.6 |
|
|
(2.8 |
) |
|
(0.1 |
) |
|
— |
|
|
(1.3 |
) |
|
— |
|
|
(0.7 |
) |
|
0.8 |
|
|
— |
|
|
0.1 |
|
Equity in net income (loss) of subsidiaries |
38.9 |
|
|
0.2 |
|
|
— |
|
|
(39.1 |
) |
|
— |
|
|
39.3 |
|
|
2.7 |
|
|
— |
|
|
(42.0 |
) |
|
— |
|
Income (loss) before income taxes |
25.6 |
|
|
40.3 |
|
|
19.5 |
|
|
(39.1 |
) |
|
46.3 |
|
|
25.8 |
|
|
45.0 |
|
|
17.3 |
|
|
(42.0 |
) |
|
46.1 |
|
Income tax expense (benefit) |
(6.5 |
) |
|
15.0 |
|
|
5.3 |
|
|
— |
|
|
13.8 |
|
|
(7.0 |
) |
|
15.9 |
|
|
3.8 |
|
|
— |
|
|
12.7 |
|
Consolidated net income |
32.1 |
|
|
25.3 |
|
|
14.2 |
|
|
(39.1 |
) |
|
32.5 |
|
|
32.8 |
|
|
29.1 |
|
|
13.5 |
|
|
(42.0 |
) |
|
33.4 |
|
Less: Net income attributable to |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
noncontrolling interests |
— |
|
|
— |
|
|
0.4 |
|
|
— |
|
|
0.4 |
|
|
— |
|
|
— |
|
|
0.6 |
|
|
— |
|
|
0.6 |
|
Net income (loss) (1) |
$ |
32.1 |
|
|
$ |
25.3 |
|
|
$ |
13.8 |
|
|
$ |
(39.1 |
) |
|
$ |
32.1 |
|
|
$ |
32.8 |
|
|
$ |
29.1 |
|
|
$ |
12.9 |
|
|
$ |
(42.0 |
) |
|
$ |
32.8 |
|
Consolidated comprehensive income (loss) |
$ |
55.9 |
|
|
$ |
26.2 |
|
|
$ |
38.5 |
|
|
$ |
(64.4 |
) |
|
$ |
56.2 |
|
|
$ |
29.7 |
|
|
$ |
29.7 |
|
|
$ |
9.8 |
|
|
$ |
(38.9 |
) |
|
$ |
30.3 |
|
Less: Comprehensive income attributable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
to noncontrolling interests |
— |
|
|
— |
|
|
0.3 |
|
|
— |
|
|
0.3 |
|
|
— |
|
|
— |
|
|
0.6 |
|
|
— |
|
|
0.6 |
|
Comprehensive income (loss) (2) |
$ |
55.9 |
|
|
$ |
26.2 |
|
|
$ |
38.2 |
|
|
$ |
(64.4 |
) |
|
$ |
55.9 |
|
|
$ |
29.7 |
|
|
$ |
29.7 |
|
|
$ |
9.2 |
|
|
$ |
(38.9 |
) |
|
$ |
29.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended June 30, 2015 |
|
Nine Months Ended June 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Net revenue |
$ |
— |
|
|
$ |
678.3 |
|
|
$ |
675.9 |
|
|
$ |
(149.4 |
) |
|
$ |
1,204.8 |
|
|
$ |
— |
|
|
$ |
632.3 |
|
|
$ |
693.1 |
|
|
$ |
(126.9 |
) |
|
$ |
1,198.5 |
|
Cost of goods sold |
— |
|
|
355.4 |
|
|
498.1 |
|
|
(74.6 |
) |
|
778.9 |
|
|
— |
|
|
320.8 |
|
|
504.4 |
|
|
(49.8 |
) |
|
775.4 |
|
Gross profit |
— |
|
|
322.9 |
|
|
177.8 |
|
|
(74.8 |
) |
|
425.9 |
|
|
— |
|
|
311.5 |
|
|
188.7 |
|
|
(77.1 |
) |
|
423.1 |
|
Operating expenses |
28.5 |
|
|
187.6 |
|
|
127.2 |
|
|
(74.8 |
) |
|
268.5 |
|
|
29.7 |
|
|
188.2 |
|
|
150.8 |
|
|
(77.1 |
) |
|
291.6 |
|
Operating profit |
(28.5 |
) |
|
135.3 |
|
|
50.6 |
|
|
— |
|
|
157.4 |
|
|
(29.7 |
) |
|
123.3 |
|
|
37.9 |
|
|
— |
|
|
131.5 |
|
Interest expense |
15.3 |
|
|
0.6 |
|
|
1.9 |
|
|
— |
|
|
17.8 |
|
|
14.3 |
|
|
0.2 |
|
|
3.0 |
|
|
— |
|
|
17.5 |
|
Other income (expense), net |
(0.1 |
) |
|
(3.4 |
) |
|
(2.8 |
) |
|
— |
|
|
(6.3 |
) |
|
0.1 |
|
|
8.7 |
|
|
0.9 |
|
|
— |
|
|
9.7 |
|
Equity in net income (loss) of subsidiaries |
113.9 |
|
|
5.4 |
|
|
— |
|
|
(119.3 |
) |
|
— |
|
|
108.8 |
|
|
7.6 |
|
|
— |
|
|
(116.4 |
) |
|
— |
|
Income (loss) before income taxes |
70.0 |
|
|
136.7 |
|
|
45.9 |
|
|
(119.3 |
) |
|
133.3 |
|
|
64.9 |
|
|
139.4 |
|
|
35.8 |
|
|
(116.4 |
) |
|
123.7 |
|
Income tax expense (benefit) |
(22.3 |
) |
|
49.1 |
|
|
13.1 |
|
|
— |
|
|
39.9 |
|
|
(21.2 |
) |
|
49.0 |
|
|
7.6 |
|
|
— |
|
|
35.4 |
|
Consolidated net income |
92.3 |
|
|
87.6 |
|
|
32.8 |
|
|
(119.3 |
) |
|
93.4 |
|
|
86.1 |
|
|
90.4 |
|
|
28.2 |
|
|
(116.4 |
) |
|
88.3 |
|
Less: Net income attributable to |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
noncontrolling interests |
— |
|
|
— |
|
|
1.1 |
|
|
— |
|
|
1.1 |
|
|
— |
|
|
— |
|
|
2.2 |
|
|
— |
|
|
2.2 |
|
Net income (loss) (1) |
$ |
92.3 |
|
|
$ |
87.6 |
|
|
$ |
31.7 |
|
|
$ |
(119.3 |
) |
|
$ |
92.3 |
|
|
$ |
86.1 |
|
|
$ |
90.4 |
|
|
$ |
26.0 |
|
|
$ |
(116.4 |
) |
|
$ |
86.1 |
|
Consolidated comprehensive income (loss) |
$ |
57.1 |
|
|
$ |
90.2 |
|
|
$ |
8.1 |
|
|
$ |
(97.4 |
) |
|
$ |
58.0 |
|
|
$ |
95.0 |
|
|
$ |
92.4 |
|
|
$ |
35.1 |
|
|
$ |
(125.3 |
) |
|
$ |
97.2 |
|
Less: Comprehensive income attributable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
to noncontrolling interests |
— |
|
|
— |
|
|
0.9 |
|
|
— |
|
|
0.9 |
|
|
— |
|
|
— |
|
|
2.2 |
|
|
— |
|
|
2.2 |
|
Comprehensive income (loss) (2) |
$ |
57.1 |
|
|
$ |
90.2 |
|
|
$ |
7.2 |
|
|
$ |
(97.4 |
) |
|
$ |
57.1 |
|
|
$ |
95.0 |
|
|
$ |
92.4 |
|
|
$ |
32.9 |
|
|
$ |
(125.3 |
) |
|
$ |
95.0 |
|
(1) Net income attributable to Hillenbrand
(2) Comprehensive income attributable to Hillenbrand
|
| Schedule of condensed consolidating balance sheets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2015 |
|
September 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Cash and equivalents |
$ |
— |
|
|
$ |
8.5 |
|
|
$ |
37.1 |
|
|
$ |
— |
|
|
$ |
45.6 |
|
|
$ |
0.4 |
|
|
$ |
10.6 |
|
|
$ |
47.0 |
|
|
$ |
— |
|
|
$ |
58.0 |
|
Trade receivables, net |
— |
|
|
96.3 |
|
|
69.1 |
|
|
— |
|
|
165.4 |
|
|
— |
|
|
113.2 |
|
|
77.8 |
|
|
— |
|
|
191.0 |
|
Unbilled receivables from long-term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
manufacturing contracts |
— |
|
|
12.2 |
|
|
126.2 |
|
|
— |
|
|
138.4 |
|
|
— |
|
|
4.0 |
|
|
145.3 |
|
|
— |
|
|
149.3 |
|
Inventories |
— |
|
|
81.5 |
|
|
91.8 |
|
|
(2.7 |
) |
|
170.6 |
|
|
— |
|
|
69.7 |
|
|
101.8 |
|
|
(3.0 |
) |
|
168.5 |
|
Deferred income taxes |
13.9 |
|
|
12.5 |
|
|
3.7 |
|
|
— |
|
|
30.1 |
|
|
10.6 |
|
|
17.3 |
|
|
2.6 |
|
|
— |
|
|
30.5 |
|
Prepaid expense |
3.5 |
|
|
6.7 |
|
|
11.5 |
|
|
— |
|
|
21.7 |
|
|
2.5 |
|
|
4.9 |
|
|
11.6 |
|
|
— |
|
|
19.0 |
|
Intercompany receivables |
300.8 |
|
|
1,168.7 |
|
|
50.9 |
|
|
(1,520.4 |
) |
|
— |
|
|
291.0 |
|
|
1,189.9 |
|
|
5.3 |
|
|
(1,486.2 |
) |
|
— |
|
Other current assets |
0.6 |
|
|
1.8 |
|
|
17.3 |
|
|
0.4 |
|
|
20.1 |
|
|
1.2 |
|
|
2.1 |
|
|
17.8 |
|
|
0.4 |
|
|
21.5 |
|
Total current assets |
318.8 |
|
|
1,388.2 |
|
|
407.6 |
|
|
(1,522.7 |
) |
|
591.9 |
|
|
305.7 |
|
|
1,411.7 |
|
|
409.2 |
|
|
(1,488.8 |
) |
|
637.8 |
|
Property, plant and equipment, net |
6.6 |
|
|
65.8 |
|
|
83.1 |
|
|
— |
|
|
155.5 |
|
|
6.7 |
|
|
65.4 |
|
|
87.4 |
|
|
— |
|
|
159.5 |
|
Intangible assets, net |
2.3 |
|
|
177.8 |
|
|
287.6 |
|
|
— |
|
|
467.7 |
|
|
2.5 |
|
|
186.1 |
|
|
321.9 |
|
|
— |
|
|
510.5 |
|
Goodwill |
— |
|
|
211.7 |
|
|
337.2 |
|
|
— |
|
|
548.9 |
|
|
— |
|
|
211.7 |
|
|
359.0 |
|
|
— |
|
|
570.7 |
|
Investment in consolidated subsidiaries |
2,031.8 |
|
|
835.6 |
|
|
— |
|
|
(2,867.4 |
) |
|
— |
|
|
2,000.2 |
|
|
644.0 |
|
|
— |
|
|
(2,644.2 |
) |
|
— |
|
Other assets |
15.5 |
|
|
23.1 |
|
|
3.9 |
|
|
(1.7 |
) |
|
40.8 |
|
|
25.8 |
|
|
9.9 |
|
|
4.3 |
|
|
— |
|
|
40.0 |
|
Total Assets |
$ |
2,375.0 |
|
|
$ |
2,702.2 |
|
|
$ |
1,119.4 |
|
|
$ |
(4,391.8 |
) |
|
$ |
1,804.8 |
|
|
$ |
2,340.9 |
|
|
$ |
2,528.8 |
|
|
$ |
1,181.8 |
|
|
$ |
(4,133.0 |
) |
|
$ |
1,918.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade accounts payable |
$ |
0.6 |
|
|
$ |
27.6 |
|
|
$ |
87.0 |
|
|
$ |
— |
|
|
$ |
115.2 |
|
|
$ |
3.0 |
|
|
$ |
32.8 |
|
|
$ |
156.8 |
|
|
$ |
— |
|
|
$ |
192.6 |
|
Liabilities from long-term manufacturing |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
contracts and advances |
— |
|
|
14.4 |
|
|
59.1 |
|
|
— |
|
|
73.5 |
|
|
— |
|
|
20.4 |
|
|
55.7 |
|
|
— |
|
|
76.1 |
|
Current portion of long-term debt |
9.6 |
|
|
— |
|
|
1.6 |
|
|
— |
|
|
11.2 |
|
|
15.0 |
|
|
— |
|
|
— |
|
|
— |
|
|
15.0 |
|
Accrued compensation |
3.0 |
|
|
21.2 |
|
|
33.5 |
|
|
— |
|
|
57.7 |
|
|
5.0 |
|
|
55.3 |
|
|
9.3 |
|
|
— |
|
|
69.6 |
|
Deferred income taxes |
— |
|
|
— |
|
|
25.7 |
|
|
— |
|
|
25.7 |
|
|
— |
|
|
1.6 |
|
|
19.1 |
|
|
— |
|
|
20.7 |
|
Intercompany payables |
1,229.4 |
|
|
293.7 |
|
|
— |
|
|
(1,523.1 |
) |
|
— |
|
|
1,202.7 |
|
|
286.5 |
|
|
— |
|
|
(1,489.2 |
) |
|
— |
|
Other current liabilities |
4.9 |
|
|
57.6 |
|
|
50.4 |
|
|
0.4 |
|
|
113.3 |
|
|
4.1 |
|
|
61.6 |
|
|
51.0 |
|
|
0.4 |
|
|
117.1 |
|
Total current liabilities |
1,247.5 |
|
|
414.5 |
|
|
257.3 |
|
|
(1,522.7 |
) |
|
396.6 |
|
|
1,229.8 |
|
|
458.2 |
|
|
291.9 |
|
|
(1,488.8 |
) |
|
491.1 |
|
Long-term debt |
519.1 |
|
|
— |
|
|
— |
|
|
— |
|
|
519.1 |
|
|
525.9 |
|
|
— |
|
|
17.6 |
|
|
— |
|
|
543.5 |
|
Accrued pension and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
postretirement healthcare |
1.1 |
|
|
96.5 |
|
|
91.0 |
|
|
— |
|
|
188.6 |
|
|
1.0 |
|
|
94.2 |
|
|
105.7 |
|
|
— |
|
|
200.9 |
|
Deferred income taxes |
— |
|
|
19.1 |
|
|
30.7 |
|
|
(0.8 |
) |
|
49.0 |
|
|
0.8 |
|
|
15.1 |
|
|
39.5 |
|
|
— |
|
|
55.4 |
|
Other long-term liabilities |
— |
|
|
23.8 |
|
|
10.2 |
|
|
(0.9 |
) |
|
33.1 |
|
|
0.1 |
|
|
27.7 |
|
|
6.0 |
|
|
— |
|
|
33.8 |
|
Total Liabilities |
1,767.7 |
|
|
553.9 |
|
|
389.2 |
|
|
(1,524.4 |
) |
|
1,186.4 |
|
|
1,757.6 |
|
|
595.2 |
|
|
460.7 |
|
|
(1,488.8 |
) |
|
1,324.7 |
|
Total Hillenbrand Shareholders’ Equity |
607.3 |
|
|
2,148.3 |
|
|
719.1 |
|
|
(2,867.4 |
) |
|
607.3 |
|
|
583.3 |
|
|
1,933.6 |
|
|
710.6 |
|
|
(2,644.2 |
) |
|
583.3 |
|
Noncontrolling interests |
— |
|
|
— |
|
|
11.1 |
|
|
— |
|
|
11.1 |
|
|
— |
|
|
— |
|
|
10.5 |
|
|
— |
|
|
10.5 |
|
Total Equity |
607.3 |
|
|
2,148.3 |
|
|
730.2 |
|
|
(2,867.4 |
) |
|
618.4 |
|
|
583.3 |
|
|
1,933.6 |
|
|
721.1 |
|
|
(2,644.2 |
) |
|
593.8 |
|
Total Liabilities and Equity |
$ |
2,375.0 |
|
|
$ |
2,702.2 |
|
|
$ |
1,119.4 |
|
|
$ |
(4,391.8 |
) |
|
$ |
1,804.8 |
|
|
$ |
2,340.9 |
|
|
$ |
2,528.8 |
|
|
$ |
1,181.8 |
|
|
$ |
(4,133.0 |
) |
|
$ |
1,918.5 |
|
|
| Schedule of condensed consolidating statements of cash flows |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended June 30, 2015 |
|
Nine Months Ended June 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Net cash provided by (used in) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
operating activities |
$ |
55.9 |
|
|
$ |
91.1 |
|
|
$ |
14.1 |
|
|
$ |
(85.6 |
) |
|
$ |
75.5 |
|
|
$ |
72.1 |
|
|
$ |
47.1 |
|
|
$ |
65.0 |
|
|
$ |
(47.3 |
) |
|
$ |
136.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures |
(1.2 |
) |
|
(12.7 |
) |
|
(5.8 |
) |
|
— |
|
|
(19.7 |
) |
|
(1.0 |
) |
|
(9.3 |
) |
|
(7.6 |
) |
|
— |
|
|
(17.9 |
) |
Proceeds from sales of property, plant, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
and equipment |
— |
|
|
0.7 |
|
|
— |
|
|
— |
|
|
0.7 |
|
|
— |
|
|
0.8 |
|
|
— |
|
|
— |
|
|
0.8 |
|
Proceeds from investments |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
5.5 |
|
|
— |
|
|
— |
|
|
5.5 |
|
Other, net |
— |
|
|
(0.9 |
) |
|
(0.3 |
) |
|
— |
|
|
(1.2 |
) |
|
— |
|
|
0.2 |
|
|
0.9 |
|
|
— |
|
|
1.1 |
|
Net cash used in investing activities |
(1.2 |
) |
|
(12.9 |
) |
|
(6.1 |
) |
|
— |
|
|
(20.2 |
) |
|
(1.0 |
) |
|
(2.8 |
) |
|
(6.7 |
) |
|
— |
|
|
(10.5 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repayments on term loan |
(6.8 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(6.8 |
) |
|
(7.5 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(7.5 |
) |
Proceeds from revolving credit facilities |
257.8 |
|
|
— |
|
|
76.4 |
|
|
— |
|
|
334.2 |
|
|
196.4 |
|
|
— |
|
|
50.7 |
|
|
— |
|
|
247.1 |
|
Repayments on revolving credit facilities |
(364.0 |
) |
|
— |
|
|
(89.1 |
) |
|
— |
|
|
(453.1 |
) |
|
(221.3 |
) |
|
— |
|
|
(87.9 |
) |
|
— |
|
|
(309.2 |
) |
Proceeds from unsecured Series A Notes, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
net of financing costs |
99.6 |
|
|
— |
|
|
— |
|
|
— |
|
|
99.6 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Proceeds from other borrowings |
0.6 |
|
|
— |
|
|
1.6 |
|
|
— |
|
|
2.2 |
|
|
— |
|
|
— |
|
|
0.7 |
|
|
— |
|
|
0.7 |
|
Payment of dividends on common stock |
(37.8 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(37.8 |
) |
|
(37.2 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(37.2 |
) |
Payment of dividends - intercompany |
— |
|
|
(80.3 |
) |
|
(5.3 |
) |
|
85.6 |
|
|
— |
|
|
— |
|
|
(41.6 |
) |
|
(5.7 |
) |
|
47.3 |
|
|
— |
|
Repurchases of common stock |
(9.2 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(9.2 |
) |
|
(16.5 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(16.5 |
) |
Net proceeds on stock plans |
3.5 |
|
|
— |
|
|
— |
|
|
— |
|
|
3.5 |
|
|
13.5 |
|
|
— |
|
|
— |
|
|
— |
|
|
13.5 |
|
Other, net |
1.2 |
|
|
— |
|
|
— |
|
|
— |
|
|
1.2 |
|
|
1.0 |
|
|
— |
|
|
(0.8 |
) |
|
— |
|
|
0.2 |
|
Net cash (used in) provided by |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
financing activities |
(55.1 |
) |
|
(80.3 |
) |
|
(16.4 |
) |
|
85.6 |
|
|
(66.2 |
) |
|
(71.6 |
) |
|
(41.6 |
) |
|
(43.0 |
) |
|
47.3 |
|
|
(108.9 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Effect of exchange rates on cash and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
cash equivalents |
— |
|
|
— |
|
|
(1.5 |
) |
|
— |
|
|
(1.5 |
) |
|
— |
|
|
— |
|
|
1.5 |
|
|
— |
|
|
1.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash flow |
(0.4 |
) |
|
(2.1 |
) |
|
(9.9 |
) |
|
— |
|
|
(12.4 |
) |
|
(0.5 |
) |
|
2.7 |
|
|
16.8 |
|
|
— |
|
|
19.0 |
|
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 |
$ |
— |
|
|
$ |
8.5 |
|
|
$ |
37.1 |
|
|
$ |
— |
|
|
$ |
45.6 |
|
|
$ |
0.1 |
|
|
$ |
11.4 |
|
|
$ |
50.2 |
|
|
$ |
— |
|
|
$ |
61.7 |
|
|