Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Operating Activities      
Consolidated net income $ 116.8 $ 113.2 $ 111.2
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 60.4 54.3 58.4
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) 2.2 0.0 0.0
Pension settlement charge 0.0 17.7 0.0
Deferred income taxes (4.7) (0.5) (8.2)
Net loss (gain) on disposal or impairment of property 0.3 (2.1) (1.1)
Net gain on investments 0.0 0.0 (5.2)
Equity in net (income) loss from affiliates (0.3) 2.1 (2.8)
Share-based compensation 8.5 12.0 7.5
Trade accounts receivable and receivables on long-term manufacturing contracts 9.7 (15.4) 1.0
Inventories 11.3 5.2 3.3
Prepaid expenses and other current assets 5.5 (8.5) (0.6)
Trade accounts payable 30.2 (76.6) 18.3
Accrued expenses and other current liabilities (10.7) 1.0 29.1
Income taxes payable 3.8 13.5 (23.3)
Defined benefit plan funding (15.5) (15.4) (20.1)
Defined benefit plan expense 11.9 14.5 14.5
Other, net 8.8 (10.0) (2.4)
Net cash provided by operating activities 238.2 105.0 179.6
Investing Activities      
Capital expenditures (21.2) (31.0) (23.6)
Proceeds from sales of property, plant, and equipment 2.0 2.8 7.5
Acquisitions of businesses, net of cash acquired (235.4) 0.0 0.0
Proceeds from investments 0.0 0.0 5.8
Return of investment capital from affiliates 1.1 1.5 2.0
Other, net 0.0 (2.8) 0.0
Net cash used in investing activities (253.5) (29.5) (8.3)
Financing Activities      
Repayments on term loan (9.0) (9.0) (10.0)
Proceeds from revolving credit facilities 719.8 430.2 316.6
Repayments on revolving credit facilities (627.2) (547.0) (410.7)
Proceeds from unsecured Series A Notes, net of financing costs 0.0 99.6 0.0
Payment of dividends on common stock (51.1) (50.4) (49.7)
Repurchases of common stock (21.2) (11.2) (16.5)
Net proceeds on stock plans 11.1 3.4 14.6
Other, net (0.8) 1.2 0.2
Net cash provided by (used in) financing activities 21.6 (83.2) (155.5)
Effect of exchange rate changes on cash and cash equivalents (2.6) (2.0) (0.5)
Net cash flows 3.7 (9.7) 15.3
Cash and cash equivalents:      
At beginning of period 48.3 58.0 42.7
At end of period 52.0 48.3 58.0
Cash paid for interest 22.7 20.0 21.0
Cash paid for income taxes $ 48.0 $ 36.4 $ 80.2