Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.6.0.2
Consolidated Statements of Cash Flow - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating Activities    
Consolidated net income $ 21.9 $ 21.0
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 15.0 16.0
Deferred income taxes 11.4 0.5
Share-based compensation 2.6 0.6
Trade accounts receivable and receivables on long-term manufacturing contracts 4.2 34.6
Inventories (4.7) (7.6)
Prepaid expenses and other current assets (3.3) 4.4
Trade accounts payable (10.3) (1.6)
Accrued expenses and other current liabilities 4.0 (33.5)
Income taxes payable (8.8) (5.0)
Defined benefit plan and postretirement funding (82.9) (3.1)
Defined benefit plan and postretirement expense 1.7 3.1
Other, net 0.5 6.3
Net cash (used in) provided by operating activities (48.7) 35.7
Investing Activities    
Capital expenditures (4.6) (6.5)
Proceeds from sales of property, plant, and equipment 0.0 0.1
Payments to Acquire Businesses, Net of Cash Acquired 0.0 (105.7)
Other, net 0.1 0.0
Net cash used in investing activities (4.5) (112.1)
Financing Activities    
Repayments on term loan (3.4) (3.4)
Proceeds from revolving credit facilities 182.1 182.3
Repayments on revolving credit facilities (125.9) (81.5)
Payments of dividends on common stock (13.0) (12.7)
Repurchases of common stock 0.0 (3.0)
Net proceeds (payments) on stock plans 8.6 (0.8)
Other, net 1.1 0.8
Net cash provided by financing activities 49.5 81.7
Effect of exchange rates on cash and cash equivalents (1.7) 1.5
Net cash flows (5.4) 6.8
Cash and cash equivalents:    
At beginning of period 52.0 48.3
At end of period $ 46.6 $ 55.1