Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flow

v3.19.1
Consolidated Statements of Cash Flow - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities    
Consolidated net income (loss) $ 68.5 $ (2.2)
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 29.2 27.8
Impairment charge 0.0 63.4
Deferred income taxes 8.7 (10.4)
Share-based compensation 5.8 6.2
Trade accounts receivable and receivables from long-term manufacturing contracts (24.8) (34.2)
Inventories (12.1) (25.6)
Prepaid expenses and other current assets (0.8) (10.7)
Trade accounts payable 12.7 12.8
Accrued expenses and other current liabilities (24.6) 10.3
Income taxes payable (12.8) 26.5
Defined benefit plan and postretirement funding (4.6) (5.6)
Defined benefit plan and postretirement expense 1.7 2.3
Other, net (0.4) 0.9
Net cash provided by operating activities 46.5 61.5
Investing Activities    
Capital expenditures (8.3) (10.6)
Acquisition of business, net of cash acquired (26.2) 0.0
Other, net 0.1 0.1
Net cash used in investing activities (34.4) (10.5)
Financing Activities    
Repayments on term loan 0.0 (148.5)
Proceeds from revolving credit facilities, net of financing costs 342.0 701.8
Repayments on revolving credit facilities (323.8) (542.8)
Payments of dividends on common stock (26.2) (26.2)
Repurchases of common stock 0.0 (38.9)
Proceeds from Stock Options Exercised 1.4 9.3
Payments Related to Tax Withholding for Share-based Compensation (4.2) (4.1)
Other, net (0.5) (1.0)
Net cash used in financing activities (11.3) (50.4)
Effect of exchange rates on cash and cash equivalents 2.1 1.7
Net cash flows 2.9 2.3
Cash, cash equivalents, and restricted cash:    
At beginning of period 56.5 66.7
At end of period $ 59.4 $ 69.0