Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v2.4.1.9
Consolidated Statements of Cash Flow (USD $)
In Millions, unless otherwise specified
6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating Activities    
Consolidated net income $ 60.9us-gaap_ProfitLoss $ 54.9us-gaap_ProfitLoss
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 28.4us-gaap_DepreciationDepletionAndAmortization 29.0us-gaap_DepreciationDepletionAndAmortization
Deferred income taxes 4.2us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 3.4us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Share-based compensation 6.3us-gaap_ShareBasedCompensation 5.1us-gaap_ShareBasedCompensation
Net (gain) loss on investments 1.4us-gaap_GainLossOnInvestments (7.9)us-gaap_GainLossOnInvestments
Trade accounts receivable and receivables on long-term manufacturing contracts 5.6us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables 36.2us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Inventories (16.8)us-gaap_IncreaseDecreaseInInventories (4.3)us-gaap_IncreaseDecreaseInInventories
Other current assets 1.2us-gaap_IncreaseDecreaseInOtherOperatingAssets (11.7)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Trade accounts payable (60.7)us-gaap_IncreaseDecreaseInAccountsPayableTrade (8.3)us-gaap_IncreaseDecreaseInAccountsPayableTrade
Accrued expenses and other current liabilities (19.2)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities 1.4us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
Income taxes payable 3.6us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (14.6)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Defined benefit plan and postretirement funding (5.2)us-gaap_PensionAndOtherPostretirementBenefitContributions (8.3)us-gaap_PensionAndOtherPostretirementBenefitContributions
Defined benefit plan and postretirement expense 7.3us-gaap_PensionAndOtherPostretirementBenefitExpense 7.2us-gaap_PensionAndOtherPostretirementBenefitExpense
Other, net (6.8)us-gaap_OtherOperatingActivitiesCashFlowStatement 0.1us-gaap_OtherOperatingActivitiesCashFlowStatement
Net cash provided by operating activities 10.2us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 82.2us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Investing Activities    
Capital expenditures (11.9)us-gaap_PaymentsToAcquireProductiveAssets (11.4)us-gaap_PaymentsToAcquireProductiveAssets
Proceeds from sales of property, plant, and equipment 0.5us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 0.7us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Proceeds from investments 0us-gaap_PaymentsForProceedsFromInvestments 5.7us-gaap_PaymentsForProceedsFromInvestments
Other, net (1.1)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 0.9us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (12.5)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (4.1)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Financing Activities    
Repayments on term loan (4.5)us-gaap_RepaymentsOfLongTermDebt (5.0)us-gaap_RepaymentsOfLongTermDebt
Proceeds from revolving credit facilities 254.4us-gaap_ProceedsFromLinesOfCredit 182.6us-gaap_ProceedsFromLinesOfCredit
Repayments on revolving credit facilities (332.0)us-gaap_RepaymentsOfLinesOfCredit (218.6)us-gaap_RepaymentsOfLinesOfCredit
Proceeds from unsecured Series A Notes, net of financing costs 99.6us-gaap_ProceedsFromUnsecuredNotesPayable 0us-gaap_ProceedsFromUnsecuredNotesPayable
Proceeds from other borrowings 0us-gaap_ProceedsFromOtherDebt 1.0us-gaap_ProceedsFromOtherDebt
Payments of dividends on common stock (25.2)us-gaap_PaymentsOfDividendsCommonStock (24.8)us-gaap_PaymentsOfDividendsCommonStock
Repurchases of common stock (9.2)us-gaap_PaymentsForRepurchaseOfCommonStock (16.5)us-gaap_PaymentsForRepurchaseOfCommonStock
Net proceeds on stock plans 3.4us-gaap_ProceedsFromRepurchaseOfEquity 12.7us-gaap_ProceedsFromRepurchaseOfEquity
Other, net 1.2us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 0.1us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash used in financing activities (12.3)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (68.5)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rates on cash and cash equivalents (0.4)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations (1.3)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
Net cash flows (15.0)us-gaap_NetCashProvidedByUsedInContinuingOperations 8.3us-gaap_NetCashProvidedByUsedInContinuingOperations
Cash and cash equivalents:    
At beginning of period 58.0us-gaap_CashAndCashEquivalentsAtCarryingValue 42.7us-gaap_CashAndCashEquivalentsAtCarryingValue
At end of period $ 43.0us-gaap_CashAndCashEquivalentsAtCarryingValue $ 51.0us-gaap_CashAndCashEquivalentsAtCarryingValue