Schedule of condensed consolidating statements of income |
Condensed Consolidating Statements of Income
|
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Year Ended September 30, 2015 |
|
Year Ended September 30, 2014 |
|
Year Ended September 30, 2013 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Net revenue |
$ |
— |
|
|
$ |
912.0 |
|
|
$ |
889.0 |
|
|
$ |
(204.2 |
) |
|
$ |
1,596.8 |
|
|
$ |
— |
|
|
$ |
866.1 |
|
|
$ |
1,001.9 |
|
|
$ |
(200.8 |
) |
|
$ |
1,667.2 |
|
|
$ |
— |
|
|
$ |
863.4 |
|
|
$ |
862.7 |
|
|
$ |
(172.7 |
) |
|
$ |
1,553.4 |
|
Cost of goods sold |
— |
|
|
475.6 |
|
|
654.5 |
|
|
(103.7 |
) |
|
1,026.4 |
|
|
— |
|
|
441.9 |
|
|
736.0 |
|
|
(99.9 |
) |
|
1,078.0 |
|
|
— |
|
|
442.8 |
|
|
655.8 |
|
|
(63.9 |
) |
|
1,034.7 |
|
Gross profit |
— |
|
|
436.4 |
|
|
234.5 |
|
|
(100.5 |
) |
|
570.4 |
|
|
— |
|
|
424.2 |
|
|
265.9 |
|
|
(100.9 |
) |
|
589.2 |
|
|
— |
|
|
420.6 |
|
|
206.9 |
|
|
(108.8 |
) |
|
518.7 |
|
Operating expenses |
33.1 |
|
|
244.1 |
|
|
153.9 |
|
|
(100.5 |
) |
|
330.6 |
|
|
41.0 |
|
|
261.4 |
|
|
181.6 |
|
|
(100.9 |
) |
|
383.1 |
|
|
42.0 |
|
|
243.9 |
|
|
159.4 |
|
|
(108.8 |
) |
|
336.5 |
|
Amortization expense |
0.4 |
|
|
11.4 |
|
|
16.3 |
|
|
— |
|
|
28.1 |
|
|
0.5 |
|
|
11.4 |
|
|
19.7 |
|
|
— |
|
|
31.6 |
|
|
0.4 |
|
|
16.1 |
|
|
47.6 |
|
|
— |
|
|
64.1 |
|
Pension settlement charge |
3.3 |
|
|
14.4 |
|
|
— |
|
|
— |
|
|
17.7 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Interest expense |
20.5 |
|
|
0.8 |
|
|
2.5 |
|
|
— |
|
|
23.8 |
|
|
18.9 |
|
|
0.4 |
|
|
4.0 |
|
|
— |
|
|
23.3 |
|
|
19.8 |
|
|
0.2 |
|
|
4.4 |
|
|
(0.4 |
) |
|
24.0 |
|
Other income (expense), net |
(0.2 |
) |
|
(4.0 |
) |
|
(3.7 |
) |
|
— |
|
|
(7.9 |
) |
|
(0.1 |
) |
|
8.5 |
|
|
0.3 |
|
|
— |
|
|
8.7 |
|
|
1.4 |
|
|
(3.5 |
) |
|
2.1 |
|
|
(0.4 |
) |
|
(0.4 |
) |
Equity in net income (loss) of subsidiaries |
141.1 |
|
|
12.5 |
|
|
— |
|
|
(153.6 |
) |
|
— |
|
|
144.4 |
|
|
10.3 |
|
|
— |
|
|
(154.7 |
) |
|
— |
|
|
105.2 |
|
|
10.0 |
|
|
— |
|
|
(115.2 |
) |
|
— |
|
Income (loss) before income taxes |
83.6 |
|
|
174.2 |
|
|
58.1 |
|
|
(153.6 |
) |
|
162.3 |
|
|
83.9 |
|
|
169.8 |
|
|
60.9 |
|
|
(154.7 |
) |
|
159.9 |
|
|
44.4 |
|
|
166.9 |
|
|
(2.4 |
) |
|
(115.2 |
) |
|
93.7 |
|
Income tax expense (benefit) |
(27.8 |
) |
|
60.5 |
|
|
16.4 |
|
|
— |
|
|
49.1 |
|
|
(25.8 |
) |
|
59.7 |
|
|
14.8 |
|
|
— |
|
|
48.7 |
|
|
(19.0 |
) |
|
58.5 |
|
|
(11.2 |
) |
|
— |
|
|
28.3 |
|
Consolidated net income |
111.4 |
|
|
113.7 |
|
|
41.7 |
|
|
(153.6 |
) |
|
113.2 |
|
|
109.7 |
|
|
110.1 |
|
|
46.1 |
|
|
(154.7 |
) |
|
111.2 |
|
|
63.4 |
|
|
108.4 |
|
|
8.8 |
|
|
(115.2 |
) |
|
65.4 |
|
Less: Net income attributable to noncontrolling interests |
— |
|
|
— |
|
|
1.8 |
|
|
— |
|
|
1.8 |
|
|
— |
|
|
— |
|
|
1.5 |
|
|
— |
|
|
1.5 |
|
|
— |
|
|
— |
|
|
2.0 |
|
|
— |
|
|
2.0 |
|
Net income (loss)(1) |
$ |
111.4 |
|
|
$ |
113.7 |
|
|
$ |
39.9 |
|
|
$ |
(153.6 |
) |
|
$ |
111.4 |
|
|
$ |
109.7 |
|
|
$ |
110.1 |
|
|
$ |
44.6 |
|
|
$ |
(154.7 |
) |
|
$ |
109.7 |
|
|
$ |
63.4 |
|
|
$ |
108.4 |
|
|
$ |
6.8 |
|
|
$ |
(115.2 |
) |
|
$ |
63.4 |
|
Consolidated comprehensive income (loss) |
$ |
55.7 |
|
|
$ |
103.5 |
|
|
$ |
0.8 |
|
|
$ |
(102.9 |
) |
|
$ |
57.1 |
|
|
$ |
58.9 |
|
|
$ |
100.7 |
|
|
$ |
(8.4 |
) |
|
$ |
(90.9 |
) |
|
$ |
60.3 |
|
|
$ |
104.4 |
|
|
$ |
132.5 |
|
|
$ |
28.5 |
|
|
$ |
(159.5 |
) |
|
$ |
105.9 |
|
Less: Comprehensive income attributable to noncontrolling interests |
— |
|
|
— |
|
|
1.4 |
|
|
— |
|
|
1.4 |
|
|
— |
|
|
— |
|
|
1.4 |
|
|
— |
|
|
1.4 |
|
|
— |
|
|
— |
|
|
1.5 |
|
|
— |
|
|
1.5 |
|
Comprehensive income (loss)(2) |
$ |
55.7 |
|
|
$ |
103.5 |
|
|
$ |
(0.6 |
) |
|
$ |
(102.9 |
) |
|
$ |
55.7 |
|
|
$ |
58.9 |
|
|
$ |
100.7 |
|
|
$ |
(9.8 |
) |
|
$ |
(90.9 |
) |
|
$ |
58.9 |
|
|
$ |
104.4 |
|
|
$ |
132.5 |
|
|
$ |
27.0 |
|
|
$ |
(159.5 |
) |
|
$ |
104.4 |
|
(1) Net income attributable to Hillenbrand
(2) Comprehensive income attributable to Hillenbrand
|
Schedule of condensed consolidating balance sheets |
Condensed Consolidating Balance Sheets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, 2015 |
|
September 30, 2014 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Cash and equivalents |
$ |
0.3 |
|
|
$ |
7.1 |
|
|
$ |
40.9 |
|
|
$ |
— |
|
|
$ |
48.3 |
|
|
$ |
0.4 |
|
|
$ |
10.6 |
|
|
$ |
47.0 |
|
|
$ |
— |
|
|
$ |
58.0 |
|
Trade receivables, net |
— |
|
|
113.4 |
|
|
74.5 |
|
|
— |
|
|
187.9 |
|
|
— |
|
|
113.2 |
|
|
77.8 |
|
|
— |
|
|
191.0 |
|
Unbilled receivables from long-term manufacturing contracts |
— |
|
|
13.5 |
|
|
131.4 |
|
|
— |
|
|
144.9 |
|
|
— |
|
|
4.0 |
|
|
145.3 |
|
|
— |
|
|
149.3 |
|
Inventories |
— |
|
|
69.0 |
|
|
87.1 |
|
|
(2.5 |
) |
|
153.6 |
|
|
— |
|
|
69.7 |
|
|
101.8 |
|
|
(3.0 |
) |
|
168.5 |
|
Deferred income taxes |
1.8 |
|
|
15.7 |
|
|
4.4 |
|
|
— |
|
|
21.9 |
|
|
10.6 |
|
|
17.3 |
|
|
2.6 |
|
|
— |
|
|
30.5 |
|
Prepaid expense |
2.8 |
|
|
6.5 |
|
|
14.5 |
|
|
— |
|
|
23.8 |
|
|
2.5 |
|
|
4.9 |
|
|
11.6 |
|
|
— |
|
|
19.0 |
|
Intercompany receivables |
— |
|
|
921.8 |
|
|
60.2 |
|
|
(982.0 |
) |
|
— |
|
|
291.0 |
|
|
1,189.9 |
|
|
5.3 |
|
|
(1,486.2 |
) |
|
— |
|
Other current assets |
0.6 |
|
|
1.9 |
|
|
20.8 |
|
|
0.4 |
|
|
23.7 |
|
|
1.2 |
|
|
2.1 |
|
|
17.8 |
|
|
0.4 |
|
|
21.5 |
|
Total current assets |
5.5 |
|
|
1,148.9 |
|
|
433.8 |
|
|
(984.1 |
) |
|
604.1 |
|
|
305.7 |
|
|
1,411.7 |
|
|
409.2 |
|
|
(1,488.8 |
) |
|
637.8 |
|
Property, plant and equipment, net |
6.3 |
|
|
66.2 |
|
|
85.8 |
|
|
— |
|
|
158.3 |
|
|
6.7 |
|
|
65.4 |
|
|
87.4 |
|
|
— |
|
|
159.5 |
|
Intangible assets, net |
2.2 |
|
|
175.6 |
|
|
281.8 |
|
|
— |
|
|
459.6 |
|
|
2.5 |
|
|
186.1 |
|
|
321.9 |
|
|
— |
|
|
510.5 |
|
Goodwill |
— |
|
|
211.7 |
|
|
332.3 |
|
|
— |
|
|
544.0 |
|
|
— |
|
|
211.7 |
|
|
359.0 |
|
|
— |
|
|
570.7 |
|
Investment in consolidated subsidiaries |
2,082.7 |
|
|
836.1 |
|
|
— |
|
|
(2,918.8 |
) |
|
— |
|
|
2,000.2 |
|
|
644.0 |
|
|
— |
|
|
(2,644.2 |
) |
|
— |
|
Other assets |
24.5 |
|
|
31.0 |
|
|
0.9 |
|
|
(14.3 |
) |
|
42.1 |
|
|
25.8 |
|
|
9.9 |
|
|
4.3 |
|
|
— |
|
|
40.0 |
|
Total Assets |
$ |
2,121.2 |
|
|
$ |
2,469.5 |
|
|
$ |
1,134.6 |
|
|
$ |
(3,917.2 |
) |
|
$ |
1,808.1 |
|
|
$ |
2,340.9 |
|
|
$ |
2,528.8 |
|
|
$ |
1,181.8 |
|
|
$ |
(4,133.0 |
) |
|
$ |
1,918.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade accounts payable |
$ |
0.5 |
|
|
$ |
22.7 |
|
|
$ |
81.3 |
|
|
$ |
(0.2 |
) |
|
$ |
104.3 |
|
|
$ |
3.0 |
|
|
$ |
32.8 |
|
|
$ |
156.8 |
|
|
$ |
— |
|
|
$ |
192.6 |
|
Liabilities from long-term manufacturing contracts and advances |
— |
|
|
13.5 |
|
|
66.2 |
|
|
— |
|
|
79.7 |
|
|
— |
|
|
20.4 |
|
|
55.7 |
|
|
— |
|
|
76.1 |
|
Current portion of long-term debt |
9.0 |
|
|
— |
|
|
0.4 |
|
|
— |
|
|
9.4 |
|
|
15.0 |
|
|
— |
|
|
— |
|
|
— |
|
|
15.0 |
|
Accrued compensation |
3.9 |
|
|
23.0 |
|
|
35.4 |
|
|
— |
|
|
62.3 |
|
|
5.0 |
|
|
55.3 |
|
|
9.3 |
|
|
— |
|
|
69.6 |
|
Deferred income taxes |
— |
|
|
— |
|
|
25.4 |
|
|
— |
|
|
25.4 |
|
|
— |
|
|
1.6 |
|
|
19.1 |
|
|
— |
|
|
20.7 |
|
Intercompany payables |
979.7 |
|
|
4.8 |
|
|
— |
|
|
(984.5 |
) |
|
— |
|
|
1,202.7 |
|
|
286.5 |
|
|
— |
|
|
(1,489.2 |
) |
|
— |
|
Other current liabilities |
18.1 |
|
|
46.0 |
|
|
58.6 |
|
|
0.4 |
|
|
123.1 |
|
|
4.1 |
|
|
61.6 |
|
|
51.0 |
|
|
0.4 |
|
|
117.1 |
|
Total current liabilities |
1,011.2 |
|
|
110.0 |
|
|
267.3 |
|
|
(984.3 |
) |
|
404.2 |
|
|
1,229.8 |
|
|
458.2 |
|
|
291.9 |
|
|
(1,488.8 |
) |
|
491.1 |
|
Long-term debt |
513.1 |
|
|
— |
|
|
5.6 |
|
|
— |
|
|
518.7 |
|
|
525.9 |
|
|
— |
|
|
17.6 |
|
|
— |
|
|
543.5 |
|
Accrued pension and postretirement healthcare |
1.1 |
|
|
119.8 |
|
|
97.8 |
|
|
— |
|
|
218.7 |
|
|
1.0 |
|
|
94.2 |
|
|
105.7 |
|
|
— |
|
|
200.9 |
|
Deferred income taxes |
— |
|
|
17.0 |
|
|
26.5 |
|
|
(14.1 |
) |
|
29.4 |
|
|
0.8 |
|
|
15.1 |
|
|
39.5 |
|
|
— |
|
|
55.4 |
|
Other long-term liabilities |
1.7 |
|
|
20.4 |
|
|
9.2 |
|
|
— |
|
|
31.3 |
|
|
0.1 |
|
|
27.7 |
|
|
6.0 |
|
|
— |
|
|
33.8 |
|
Total Liabilities |
1,527.1 |
|
|
267.2 |
|
|
406.4 |
|
|
(998.4 |
) |
|
1,202.3 |
|
|
1,757.6 |
|
|
595.2 |
|
|
460.7 |
|
|
(1,488.8 |
) |
|
1,324.7 |
|
Total Hillenbrand Shareholders’ Equity |
594.1 |
|
|
2,202.3 |
|
|
716.5 |
|
|
(2,918.8 |
) |
|
594.1 |
|
|
583.3 |
|
|
1,933.6 |
|
|
710.6 |
|
|
(2,644.2 |
) |
|
583.3 |
|
Noncontrolling interests |
— |
|
|
— |
|
|
11.7 |
|
|
— |
|
|
11.7 |
|
|
— |
|
|
— |
|
|
10.5 |
|
|
— |
|
|
10.5 |
|
Total Equity |
594.1 |
|
|
2,202.3 |
|
|
728.2 |
|
|
(2,918.8 |
) |
|
605.8 |
|
|
583.3 |
|
|
1,933.6 |
|
|
721.1 |
|
|
(2,644.2 |
) |
|
593.8 |
|
Total Liabilities and Equity |
$ |
2,121.2 |
|
|
$ |
2,469.5 |
|
|
$ |
1,134.6 |
|
|
$ |
(3,917.2 |
) |
|
$ |
1,808.1 |
|
|
$ |
2,340.9 |
|
|
$ |
2,528.8 |
|
|
$ |
1,181.8 |
|
|
$ |
(4,133.0 |
) |
|
$ |
1,918.5 |
|
|
Schedule of condensed consolidating statements of cash flows |
Condensed Consolidating Statements of Cash Flows
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Year Ended September 30, 2015 |
|
Year Ended September 30, 2014 |
|
Year Ended September 30, 2013 |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
|
Parent |
|
Guarantors |
|
Non-
Guarantors
|
|
Eliminations |
|
Consolidated |
Net cash provided by (used in) operating activities |
$ |
76.0 |
|
|
$ |
91.0 |
|
|
$ |
23.6 |
|
|
$ |
(85.6 |
) |
|
$ |
105.0 |
|
|
$ |
81.8 |
|
|
$ |
46.9 |
|
|
$ |
98.2 |
|
|
$ |
(47.3 |
) |
|
$ |
179.6 |
|
|
$ |
152.1 |
|
|
$ |
107.4 |
|
|
$ |
(36.4 |
) |
|
$ |
(95.9 |
) |
|
$ |
127.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures |
(1.1 |
) |
|
(14.5 |
) |
|
(15.4 |
) |
|
— |
|
|
(31.0 |
) |
|
(1.0 |
) |
|
(9.5 |
) |
|
(13.1 |
) |
|
— |
|
|
(23.6 |
) |
|
(2.8 |
) |
|
(14.3 |
) |
|
(12.8 |
) |
|
— |
|
|
(29.9 |
) |
Proceeds from property, plant, and equipment |
— |
|
|
2.8 |
|
|
— |
|
|
— |
|
|
2.8 |
|
|
— |
|
|
0.3 |
|
|
7.2 |
|
|
— |
|
|
7.5 |
|
|
1.2 |
|
|
0.1 |
|
|
0.3 |
|
|
— |
|
|
1.6 |
|
Proceeds from investments |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
5.8 |
|
|
— |
|
|
— |
|
|
5.8 |
|
|
1.7 |
|
|
— |
|
|
— |
|
|
— |
|
|
1.7 |
|
Acquisition of business, net of cash acquired |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
(404.3 |
) |
|
(0.5 |
) |
|
(10.9 |
) |
|
— |
|
|
(415.7 |
) |
Return of investment capital from affiliaties |
1.5 |
|
|
— |
|
|
— |
|
|
— |
|
|
1.5 |
|
|
1.1 |
|
|
— |
|
|
0.9 |
|
|
— |
|
|
2.0 |
|
|
1.1 |
|
|
— |
|
|
0.2 |
|
|
— |
|
|
1.3 |
|
Other, net |
— |
|
|
(2.5 |
) |
|
(0.3 |
) |
|
— |
|
|
(2.8 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Net cash used in investing activities |
0.4 |
|
|
(14.2 |
) |
|
(15.7 |
) |
|
— |
|
|
(29.5 |
) |
|
0.1 |
|
|
(3.4 |
) |
|
(5.0 |
) |
|
— |
|
|
(8.3 |
) |
|
(403.1 |
) |
|
(14.7 |
) |
|
(23.2 |
) |
|
— |
|
|
(441.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from term loan |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
200.0 |
|
|
— |
|
|
— |
|
|
— |
|
|
200.0 |
|
Repayments on term loan |
(9.0 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(9.0 |
) |
|
(10.0 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(10.0 |
) |
|
(10.0 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(10.0 |
) |
Proceeds from revolving credit facilities |
331.7 |
|
|
— |
|
|
98.5 |
|
|
— |
|
|
430.2 |
|
|
248.4 |
|
|
— |
|
|
68.2 |
|
|
— |
|
|
316.6 |
|
|
592.3 |
|
|
— |
|
|
118.0 |
|
|
— |
|
|
710.3 |
|
Repayments on revolving credit facilities |
(441.8 |
) |
|
— |
|
|
(105.2 |
) |
|
— |
|
|
(547.0 |
) |
|
(269.9 |
) |
|
— |
|
|
(140.8 |
) |
|
— |
|
|
(410.7 |
) |
|
(485.5 |
) |
|
— |
|
|
(29.2 |
) |
|
— |
|
|
(514.7 |
) |
Proceeds from Series A unsecured notes, net of financing costs |
99.6 |
|
|
— |
|
|
— |
|
|
— |
|
|
99.6 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Payment of dividends - intercompany |
— |
|
|
(80.3 |
) |
|
(5.3 |
) |
|
85.6 |
|
|
— |
|
|
— |
|
|
(41.6 |
) |
|
(5.7 |
) |
|
47.3 |
|
|
— |
|
|
— |
|
|
(90.3 |
) |
|
(5.6 |
) |
|
95.9 |
|
|
— |
|
Payment of dividends on common stock |
(50.4 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(50.4 |
) |
|
(49.7 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(49.7 |
) |
|
(48.7 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(48.7 |
) |
Repurchases of common stock |
(11.2 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(11.2 |
) |
|
(16.5 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(16.5 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Net proceeds (payments) on stock plans |
3.4 |
|
|
— |
|
|
— |
|
|
— |
|
|
3.4 |
|
|
14.6 |
|
|
— |
|
|
— |
|
|
— |
|
|
14.6 |
|
|
(0.4 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(0.4 |
) |
Other, net |
1.2 |
|
|
— |
|
|
— |
|
|
— |
|
|
1.2 |
|
|
1.0 |
|
|
— |
|
|
(0.8 |
) |
|
— |
|
|
0.2 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Net cash (used in) provided by financing activities |
(76.5 |
) |
|
(80.3 |
) |
|
(12.0 |
) |
|
85.6 |
|
|
(83.2 |
) |
|
(82.1 |
) |
|
(41.6 |
) |
|
(79.1 |
) |
|
47.3 |
|
|
(155.5 |
) |
|
247.7 |
|
|
(90.3 |
) |
|
83.2 |
|
|
95.9 |
|
|
336.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Effect of exchange rates on cash and cash equivalents |
— |
|
|
— |
|
|
(2.0 |
) |
|
— |
|
|
(2.0 |
) |
|
— |
|
|
— |
|
|
(0.5 |
) |
|
— |
|
|
(0.5 |
) |
|
— |
|
|
— |
|
|
(0.2 |
) |
|
— |
|
|
(0.2 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash flow |
(0.1 |
) |
|
(3.5 |
) |
|
(6.1 |
) |
|
— |
|
|
(9.7 |
) |
|
(0.2 |
) |
|
1.9 |
|
|
13.6 |
|
|
— |
|
|
15.3 |
|
|
(3.3 |
) |
|
2.4 |
|
|
23.4 |
|
|
— |
|
|
22.5 |
|
Cash and equivalents at beginning of period |
0.4 |
|
|
10.6 |
|
|
47.0 |
|
|
— |
|
|
58.0 |
|
|
0.6 |
|
|
8.7 |
|
|
33.4 |
|
|
— |
|
|
42.7 |
|
|
3.9 |
|
|
6.3 |
|
|
10.0 |
|
|
— |
|
|
20.2 |
|
Cash and equivalents at end of period |
$ |
0.3 |
|
|
$ |
7.1 |
|
|
$ |
40.9 |
|
|
$ |
— |
|
|
$ |
48.3 |
|
|
$ |
0.4 |
|
|
$ |
10.6 |
|
|
$ |
47.0 |
|
|
$ |
— |
|
|
$ |
58.0 |
|
|
$ |
0.6 |
|
|
$ |
8.7 |
|
|
$ |
33.4 |
|
|
$ |
— |
|
|
$ |
42.7 |
|
|