Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.7.0.1
Consolidated Statements of Cash Flow - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Consolidated net income $ 55.9 $ 48.2
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 28.6 31.9
Deferred income taxes 17.3 (0.8)
Share-based compensation 5.7 3.7
Gain (Loss) on Investments (1.0) 0.5
Trade accounts receivable and receivables on long-term manufacturing contracts (8.3) 30.1
Inventories 0.1 5.0
Prepaid expenses and other current assets (5.5) 6.2
Trade accounts payable 0.4 (1.8)
Accrued expenses and other current liabilities 11.5 (27.8)
Income taxes payable (5.7) (4.5)
Defined benefit plan and postretirement funding (85.3) (5.9)
Defined benefit plan and postretirement expense 3.5 6.1
Other, net 2.6 (3.7)
Net cash provided by operating activities 19.8 87.2
Investing Activities    
Capital expenditures (9.1) (9.1)
Proceeds from sales of property, plant, and equipment 2.2 0.9
Payments to Acquire Businesses, Net of Cash Acquired 0.0 (237.0)
Other, net (0.1) 0.0
Net cash used in investing activities (7.0) (245.2)
Financing Activities    
Repayments on term loan (6.7) (4.5)
Proceeds from revolving credit facilities 551.7 387.5
Repayments on revolving credit facilities (524.8) (199.1)
Payments of dividends on common stock (26.0) (25.4)
Repurchases of common stock (17.0) (4.0)
Net proceeds (payments) on stock plans 10.2 (0.5)
Other, net (0.2) 0.5
Net cash (used in) provided by financing activities (12.8) 154.5
Effect of exchange rates on cash and cash equivalents (0.6) (1.6)
Net cash flows (0.6) (5.1)
Cash and cash equivalents:    
At beginning of period 52.0 48.3
At end of period $ 51.4 $ 43.2