Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||||||
net income before allocation to noncontrolling interest | 50,900,000 | ||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 29,000,000 | 27,100,000 | 21,600,000 | 23,400,000 | 24,700,000 | 20,200,000 | 18,500,000 | 18,600,000 | 20,500,000 | 9,900,000 | 28,600,000 | 29,100,000 | 28,800,000 | 32,400,000 | 28,600,000 | 29,700,000 | 29,000,000 | 29,200,000 | 31,600,000 | 32,200,000 | 32,400,000 | 33,000,000 | 29,900,000 | 29,300,000 | 27,900,000 | 28,600,000 | 27,700,000 | 35,900,000 | 27,800,000 | 28,400,000 | 27,900,000 | 18,700,000 | 18,500,000 | 18,100,000 | 17,400,000 | 16,600,000 | 16,700,000 | 17,600,000 | 16,500,000 | 17,100,000 | 16,000,000 |
stock-based compensation expense | 3,300,000 | 3,100,000 | 2,900,000 | 2,900,000 | 2,800,000 | 2,600,000 | 2,300,000 | 2,900,000 | 2,700,000 | -1,600,000 | 6,300,000 | 6,400,000 | 5,900,000 | 6,000,000 | 5,900,000 | 6,200,000 | 5,900,000 | 6,100,000 | 6,300,000 | 6,100,000 | 5,700,000 | 4,700,000 | 5,800,000 | 5,500,000 | 5,600,000 | 5,700,000 | 5,500,000 | 5,500,000 | 4,900,000 | 5,600,000 | 5,600,000 | 5,300,000 | 5,400,000 | 5,500,000 | 5,600,000 | 4,900,000 | 5,400,000 | 5,300,000 | 6,100,000 | 5,500,000 | 5,000,000 |
deferred income taxes | 1,100,000 | -12,300,000 | -500,000 | -17,300,000 | -500,000 | 0 | 200,000 | 2,800,000 | 0 | 4,900,000 | -100,000 | -37,800,000 | 300,000 | 20,800,000 | -900,000 | 15,200,000 | -4,500,000 | -200,000 | 300,000 | 10,600,000 | 0 | 1,400,000 | 6,100,000 | -43,900,000 | 8,000,000 | 5,400,000 | 5,400,000 | 23,200,000 | 13,500,000 | -1,700,000 | 12,700,000 | 86,300,000 | 6,000,000 | 10,100,000 | -100,000 | 8,500,000 | 2,300,000 | 5,300,000 | 16,300,000 | 15,400,000 | |
cash from operating working capital | 6,200,000 | 13,300,000 | -61,400,000 | 21,200,000 | -13,400,000 | -7,600,000 | -50,800,000 | 24,500,000 | 178,300,000 | -215,000,000 | 132,800,000 | 14,000,000 | 18,100,000 | -167,100,000 | 66,200,000 | -10,800,000 | 29,100,000 | -54,800,000 | 47,300,000 | 45,900,000 | 69,600,000 | -123,700,000 | 117,100,000 | 14,300,000 | 32,000,000 | -203,400,000 | 57,600,000 | 4,500,000 | -16,300,000 | -29,500,000 | 92,000,000 | 45,100,000 | -20,300,000 | -62,800,000 | 61,400,000 | 46,700,000 | 900,000 | -82,000,000 | 8,100,000 | ||
other | 1,500,000 | 6,600,000 | -3,400,000 | -9,500,000 | 7,800,000 | 100,000 | 1,500,000 | -4,300,000 | 1,500,000 | -4,800,000 | 9,100,000 | 10,500,000 | 3,800,000 | -6,000,000 | 1,000,000 | -1,400,000 | 900,000 | -5,100,000 | -2,800,000 | -1,200,000 | 1,300,000 | -3,300,000 | -1,000,000 | 6,700,000 | -1,700,000 | 4,200,000 | -800,000 | 10,200,000 | 2,400,000 | 4,800,000 | -11,200,000 | 2,200,000 | 1,000,000 | -2,500,000 | -600,000 | -1,700,000 | -1,400,000 | ||||
total provided by operating activities | 92,000,000 | 62,800,000 | -19,100,000 | 81,100,000 | 66,700,000 | 56,800,000 | 9,500,000 | 78,500,000 | 102,800,000 | 226,400,000 | -427,000,000 | 55,200,000 | -6,200,000 | 16,500,000 | 6,100,000 | -41,000,000 | 50,200,000 | 101,400,000 | 131,500,000 | 222,900,000 | 118,500,000 | 152,900,000 | -100,400,000 | 191,400,000 | 91,000,000 | 57,200,000 | 74,200,000 | 143,300,000 | 103,800,000 | 66,900,000 | 3,500,000 | 149,700,000 | 116,600,000 | 113,600,000 | 69,700,000 | ||||||
investing activities: | |||||||||||||||||||||||||||||||||||||||||
payment for acquisitions, net of cash acquired | 2,900,000 | 0 | |||||||||||||||||||||||||||||||||||||||
capital expenditures | -13,300,000 | -7,000,000 | -13,100,000 | -10,800,000 | -13,200,000 | -8,900,000 | -12,500,000 | -15,000,000 | -7,600,000 | 4,400,000 | -12,900,000 | -21,600,000 | -11,600,000 | -12,700,000 | -12,500,000 | -26,400,000 | -11,400,000 | -9,000,000 | -4,900,000 | -13,500,000 | -7,100,000 | -5,700,000 | -7,800,000 | -17,900,000 | -14,800,000 | -16,300,000 | -19,800,000 | -33,200,000 | -31,600,000 | -16,500,000 | -27,500,000 | -14,700,000 | -13,500,000 | -11,200,000 | -9,600,000 | -11,900,000 | -15,600,000 | -11,000,000 | -8,100,000 | ||
free cash flows | |||||||||||||||||||||||||||||||||||||||||
settlement of forward contracts | 300,000 | 2,000,000 | -500,000 | ||||||||||||||||||||||||||||||||||||||
total used for investing activities | -10,100,000 | -399,000,000 | -13,600,000 | -13,600,000 | -13,300,000 | -278,600,000 | -12,500,000 | -15,000,000 | -7,600,000 | 4,300,000 | -12,800,000 | -500,000 | -800,000 | -600,000 | 16,800,000 | -62,800,000 | -5,700,000 | -177,400,000 | -172,300,000 | -4,500,000 | -24,200,000 | -20,000,000 | -30,000,000 | -6,500,000 | -16,300,000 | -699,500,000 | 2,400,000 | -14,200,000 | -65,300,000 | -9,600,000 | -11,800,000 | -15,400,000 | -10,500,000 | -8,200,000 | |||||||
financing activities: | |||||||||||||||||||||||||||||||||||||||||
dividends paid | -9,700,000 | -9,800,000 | -9,700,000 | -9,200,000 | -9,100,000 | -9,200,000 | -9,100,000 | -7,900,000 | -7,900,000 | 18,700,000 | -26,600,000 | -26,400,000 | -26,400,000 | -26,400,000 | -26,700,000 | -25,100,000 | -25,300,000 | -25,200,000 | -25,000,000 | -25,000,000 | -25,000,000 | -24,900,000 | -25,500,000 | -23,100,000 | -23,400,000 | -23,300,000 | -23,400,000 | -20,800,000 | -20,900,000 | -20,900,000 | -20,900,000 | -19,600,000 | -19,500,000 | -19,700,000 | -19,600,000 | -19,300,000 | -19,300,000 | -19,200,000 | -19,100,000 | ||
proceeds from stock options exercised | 900,000 | 700,000 | 600,000 | 300,000 | 1,100,000 | 300,000 | 1,600,000 | ||||||||||||||||||||||||||||||||||
payment of tax withholding on equity awards vested | -100,000 | -200,000 | -5,600,000 | -400,000 | -100,000 | -200,000 | -6,200,000 | ||||||||||||||||||||||||||||||||||
debt issuance costs | -3,500,000 | 0 | -800,000 | -400,000 | -100,000 | -1,200,000 | -4,000,000 | 0 | -100,000 | 0 | 0 | 0 | -5,400,000 | ||||||||||||||||||||||||||||
proceeds from revolving credit facility | 36,500,000 | 242,000,000 | 106,000,000 | 138,000,000 | 30,500,000 | 250,000,000 | 30,000,000 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||
repayment of revolving credit facility | -71,500,000 | -289,500,000 | -52,500,000 | -78,000,000 | -95,500,000 | -60,000,000 | -5,000,000 | 0 | |||||||||||||||||||||||||||||||||
proceeds from term loan | 0 | 0 | 0 | 0 | 350,000,000 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||
repayment of term loan | -4,100,000 | -101,700,000 | -1,300,000 | -1,300,000 | -700,000 | -70,000,000 | -125,000,000 | 350,000,000 | -400,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||
total provided by financing activities | -51,500,000 | 306,800,000 | 38,000,000 | -53,700,000 | -74,400,000 | 179,600,000 | 10,600,000 | -13,300,000 | -44,900,000 | -132,200,000 | -127,600,000 | 180,600,000 | 134,300,000 | -23,700,000 | -78,600,000 | 33,300,000 | -75,200,000 | -346,700,000 | 550,900,000 | -14,700,000 | -6,800,000 | 7,100,000 | 7,900,000 | ||||||||||||||||||
effect of exchange rates on cash, cash equivalents and restricted cash | -100,000 | 8,500,000 | 6,700,000 | -14,400,000 | 11,900,000 | -1,600,000 | -7,900,000 | ||||||||||||||||||||||||||||||||||
increase in cash, cash equivalents and restricted cash | 12,000,000 | ||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period1 | 0 | 0 | 173,400,000 | ||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period2 | 30,300,000 | -20,900,000 | 185,400,000 | ||||||||||||||||||||||||||||||||||||||
decrease in cash, cash equivalents and restricted cash | -9,100,000 | -43,800,000 | -300,000 | ||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | 21,700,000 | 57,600,000 | 47,100,000 | 41,600,000 | 37,800,000 | 49,500,000 | 51,900,000 | -18,800,000 | 105,700,000 | -59,300,000 | 108,400,000 | 46,800,000 | 56,600,000 | 14,800,000 | 62,800,000 | -112,600,000 | 72,500,000 | 91,000,000 | 82,400,000 | 89,200,000 | 97,000,000 | 80,700,000 | 68,700,000 | -28,700,000 | 68,200,000 | 69,200,000 | 63,100,000 | -64,000,000 | 63,500,000 | 68,300,000 | 55,000,000 | 65,200,000 | 56,900,000 | ||||||||
unrealized loss on forward contracts | |||||||||||||||||||||||||||||||||||||||||
defined benefit plans and postretirement credit | -200,000 | -1,600,000 | -5,700,000 | 5,300,000 | 9,200,000 | -3,900,000 | -3,900,000 | -2,700,000 | -2,000,000 | -1,800,000 | -2,500,000 | -1,700,000 | -2,600,000 | -1,800,000 | -900,000 | -1,800,000 | -300,000 | 3,600,000 | -2,000,000 | -2,000,000 | -3,400,000 | -3,900,000 | -3,800,000 | -3,900,000 | -2,200,000 | -2,100,000 | -2,100,000 | -2,100,000 | -2,500,000 | ||||||||||||
repayment of long-term debt | 0 | 0 | -94,900,000 | -1,700,000 | -1,400,000 | -1,400,000 | -1,400,000 | -800,000 | -200,000,000 | -250,000,000 | |||||||||||||||||||||||||||||||
net transfers to crane | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 0 | 227,200,000 | 0 | 0 | -426,900,000 | 657,600,000 | 0 | 0 | 0 | 478,600,000 | 0 | 0 | 551,000,000 | 0 | 0 | 0 | 393,900,000 | 0 | 0 | 0 | 343,400,000 | 0 | 0 | 0 | 706,200,000 | 0 | 0 | 0 | 509,700,000 | 0 | 0 | 0 | 363,500,000 | 0 | 0 | ||||
cash, cash equivalents and restricted cash at end of period | |||||||||||||||||||||||||||||||||||||||||
detail of cash from operating working capital | |||||||||||||||||||||||||||||||||||||||||
accounts receivable | -55,100,000 | 14,900,000 | 5,700,000 | 105,900,000 | 12,000,000 | 27,900,000 | 5,800,000 | 35,500,000 | -65,400,000 | 43,900,000 | -21,800,000 | -67,400,000 | 50,100,000 | 11,900,000 | 3,800,000 | -6,200,000 | -19,600,000 | 26,700,000 | 5,300,000 | -9,400,000 | -28,800,000 | 29,900,000 | -4,500,000 | ||||||||||||||||||
inventories | -1,600,000 | 28,700,000 | 26,300,000 | 11,500,000 | -31,100,000 | 40,600,000 | -22,600,000 | 3,600,000 | -29,900,000 | -7,600,000 | 600,000 | -19,200,000 | -12,600,000 | 23,600,000 | -3,900,000 | -1,100,000 | -12,200,000 | 23,700,000 | 16,000,000 | 7,100,000 | -21,900,000 | -19,900,000 | |||||||||||||||||||
other current assets | -19,000,000 | 13,000,000 | 4,700,000 | -6,400,000 | -17,100,000 | -5,000,000 | 10,400,000 | 900,000 | -7,600,000 | 1,000,000 | -600,000 | -7,900,000 | -3,900,000 | -400,000 | 1,900,000 | 1,600,000 | -800,000 | -2,900,000 | 600,000 | ||||||||||||||||||||||
accounts payable | 16,900,000 | -11,700,000 | -4,100,000 | -25,700,000 | -61,100,000 | 45,800,000 | -15,000,000 | 11,700,000 | -65,900,000 | 66,200,000 | -7,100,000 | 31,500,000 | -53,600,000 | 40,200,000 | -1,700,000 | 4,000,000 | -25,000,000 | 26,900,000 | -3,100,000 | 8,100,000 | -26,400,000 | 4,800,000 | 12,400,000 | ||||||||||||||||||
accrued liabilities | -18,700,000 | 24,500,000 | 17,900,000 | -11,100,000 | -26,500,000 | 3,300,000 | 31,600,000 | -24,500,000 | -45,600,000 | -29,900,000 | 33,000,000 | 44,600,000 | -6,800,000 | 19,900,000 | 38,400,000 | -4,600,000 | -22,900,000 | -3,000,000 | 15,700,000 | 3,800,000 | -6,900,000 | -20,700,000 | 18,700,000 | ||||||||||||||||||
u.s. and foreign taxes on income | 22,700,000 | -22,100,000 | -4,600,000 | -4,600,000 | 100,000 | 4,500,000 | 4,100,000 | 4,800,000 | 11,000,000 | -16,000,000 | 400,000 | 2,100,000 | -2,700,000 | -3,200,000 | 6,600,000 | -11,700,000 | 16,900,000 | 11,200,000 | -7,900,000 | 4,900,000 | -6,600,000 | 800,000 | |||||||||||||||||||
total | -54,800,000 | 47,300,000 | 45,900,000 | 69,600,000 | -123,700,000 | 117,100,000 | 14,300,000 | 32,000,000 | -203,400,000 | 57,600,000 | 4,500,000 | -16,300,000 | -29,500,000 | 92,000,000 | 45,100,000 | -20,300,000 | -62,800,000 | 61,400,000 | 46,700,000 | 900,000 | -82,000,000 | 30,500,000 | 8,100,000 | ||||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||||||
interest paid | 9,900,000 | 18,600,000 | 11,400,000 | 15,800,000 | 8,000,000 | 15,700,000 | 7,700,000 | 14,900,000 | 9,100,000 | 14,800,000 | 10,800,000 | 17,500,000 | 4,400,000 | 17,300,000 | 1,000,000 | 17,000,000 | 700,000 | 17,700,000 | 800,000 | 17,500,000 | 800,000 | 17,400,000 | 800,000 | ||||||||||||||||||
income taxes paid | 5,700,000 | 4,500,000 | 23,400,000 | 7,300,000 | 11,300,000 | 5,200,000 | 8,600,000 | 18,600,000 | 5,500,000 | 22,100,000 | 6,800,000 | 23,900,000 | 5,600,000 | 28,300,000 | 15,900,000 | 32,000,000 | 7,900,000 | 16,200,000 | 11,700,000 | 30,400,000 | 11,500,000 | 16,500,000 | 11,000,000 | ||||||||||||||||||
unpaid capital expenditures | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2021 | |||||||||||||||||||||||||||||||||||||||||
net income | |||||||||||||||||||||||||||||||||||||||||
stock-based compensation | |||||||||||||||||||||||||||||||||||||||||
changes in pension and postretirement plan assets and benefit obligation, net of tax | |||||||||||||||||||||||||||||||||||||||||
currency translation adjustment | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2022 | |||||||||||||||||||||||||||||||||||||||||
cash dividends | |||||||||||||||||||||||||||||||||||||||||
dividend from crane | |||||||||||||||||||||||||||||||||||||||||
reclassification of crane net investment to common stock, treasury stock and capital surplus | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options, net of shares reacquired of 158,132 shares | |||||||||||||||||||||||||||||||||||||||||
stock-based compensation reclassificationa | |||||||||||||||||||||||||||||||||||||||||
impact from settlement of share-based awards, net of shares acquired | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2023 | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options, net of shares reacquired of 118,896 shares | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2024 | |||||||||||||||||||||||||||||||||||||||||
proceeds from settlement of forward contracts | 0 | ||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period1 | -9,100,000 | -43,800,000 | 226,900,000 | ||||||||||||||||||||||||||||||||||||||
payment for acquisition, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||
1 includes both current and non-current balances of restricted cash. current restricted cash, included within “other current assets” in our unaudited consolidated and combined condensed balance sheets, was 0.1 million and 0.0 million as of march 31, 2024, and march 31, 2023, respectively. non-current restricted cash, included within “other assets” in our unaudited consolidated and combined condensed balance sheets, was 6.2 million and 0.0 million as of march 31, 2024, and march 31, 2023, respectively. | |||||||||||||||||||||||||||||||||||||||||
non-cash restructuring gains | |||||||||||||||||||||||||||||||||||||||||
proceeds from disposition of property | |||||||||||||||||||||||||||||||||||||||||
stock options exercised, net of shares reacquired | 2,300,000 | 200,000 | -10,900,000 | 12,800,000 | 13,100,000 | 1,300,000 | 1,100,000 | 700,000 | 4,300,000 | 4,700,000 | |||||||||||||||||||||||||||||||
total used for financing activities | -76,000,000 | -132,800,000 | 24,100,000 | -67,800,000 | -17,700,000 | ||||||||||||||||||||||||||||||||||||
effect of exchange rates on cash and cash equivalents | 10,700,000 | -10,300,000 | -600,000 | 4,000,000 | 23,300,000 | -32,100,000 | -25,500,000 | -5,100,000 | -8,500,000 | 3,000,000 | -7,500,000 | 20,400,000 | 11,400,000 | 2,300,000 | -12,500,000 | 10,100,000 | -8,500,000 | 100,000 | 500,000 | -4,700,000 | -3,900,000 | -18,300,000 | 10,500,000 | 6,000,000 | 14,900,000 | 17,600,000 | 8,000,000 | 1,400,000 | -6,600,000 | 11,100,000 | -8,800,000 | ||||||||||
increase in cash and cash equivalents | -1,800,000 | -47,900,000 | 343,400,000 | -171,400,000 | 64,100,000 | -191,700,000 | 27,400,000 | 6,400,000 | -47,500,000 | 5,100,000 | 19,800,000 | 134,000,000 | 62,900,000 | 73,400,000 | 27,400,000 | 28,300,000 | 8,900,000 | ||||||||||||||||||||||||
cash and cash equivalents at end of period | -1,800,000 | -47,900,000 | -233,300,000 | 510,200,000 | 219,000,000 | -212,000,000 | 343,400,000 | 307,200,000 | 64,100,000 | -191,700,000 | 578,400,000 | 6,400,000 | -47,500,000 | 289,300,000 | 302,800,000 | 5,100,000 | 81,800,000 | 50,200,000 | 256,800,000 | 19,800,000 | 5,400,000 | -324,100,000 | 642,300,000 | 134,000,000 | 62,900,000 | 4,500,000 | 504,800,000 | 73,400,000 | 27,400,000 | 54,900,000 | 354,000,000 | 28,300,000 | 8,900,000 | ||||||||
defined benefit plans and postretirement contributions | -1,800,000 | -2,500,000 | -10,700,000 | -5,800,000 | -2,800,000 | -6,600,000 | -5,600,000 | -1,400,000 | -15,800,000 | -25,300,000 | -800,000 | -800,000 | -1,500,000 | -2,700,000 | -900,000 | -800,000 | -4,300,000 | -4,000,000 | -39,300,000 | -12,000,000 | -4,500,000 | -3,300,000 | -6,100,000 | -1,700,000 | -2,100,000 | -2,000,000 | -2,200,000 | -2,200,000 | -7,200,000 | ||||||||||||
environmental payments, net of reimbursements | -1,300,000 | -400,000 | -400,000 | -3,700,000 | -1,300,000 | -1,200,000 | -1,000,000 | -2,100,000 | -1,500,000 | -1,300,000 | 800,000 | -1,000,000 | -2,700,000 | -1,700,000 | -2,500,000 | -2,400,000 | -1,600,000 | -900,000 | -1,200,000 | -1,900,000 | -2,300,000 | -700,000 | -2,000,000 | -1,600,000 | -4,600,000 | -2,000,000 | -6,000,000 | ||||||||||||||
asbestos related payments, net of insurance recoveries | 0 | -5,900,000 | -15,900,000 | -7,500,000 | -15,300,000 | -9,400,000 | -9,400,000 | -10,800,000 | -7,400,000 | -4,500,000 | -7,500,000 | -11,700,000 | -11,100,000 | -8,200,000 | -9,700,000 | -11,500,000 | -32,000,000 | -2,900,000 | -13,500,000 | -14,700,000 | -15,800,000 | -14,900,000 | -10,800,000 | -11,400,000 | |||||||||||||||||
total used for operating activities | -70,800,000 | -35,500,000 | -18,000,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from disposition of capital assets | 100,000 | 4,200,000 | 0 | 300,000 | -100,000 | 8,900,000 | 14,500,000 | 600,000 | 1,200,000 | 300,000 | 2,400,000 | 1,800,000 | 400,000 | 600,000 | 800,000 | 200,000 | 300,000 | 100,000 | 100,000 | 200,000 | 500,000 | 2,500,000 | 0 | ||||||||||||||||||
reacquisition of shares on open market | 0 | 0 | -27,900,000 | -175,800,000 | 0 | 0 | 0 | -70,000,000 | -25,100,000 | 0 | 0 | 0 | |||||||||||||||||||||||||||||
net borrowings from issuance of commercial paper with maturities of 90 days or less | 15,400,000 | 104,000,000 | |||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -147,400,000 | -91,100,000 | 50,200,000 | -86,600,000 | -324,100,000 | -63,900,000 | -4,900,000 | -9,500,000 | |||||||||||||||||||||||||||||||||
net income before allocations to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||
non-cash loss on divestiture of asbestos-related assets and liabilities | |||||||||||||||||||||||||||||||||||||||||
gain on sale of business | 0 | -3,800,000 | |||||||||||||||||||||||||||||||||||||||
gain on sale of property | 0 | 0 | -5,800,000 | -12,700,000 | |||||||||||||||||||||||||||||||||||||
divestiture of asbestos-related assets and liabilities | 0 | ||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business | 0 | 3,800,000 | |||||||||||||||||||||||||||||||||||||||
purchase of marketable securities | 0 | 0 | 0 | -10,000,000 | -30,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||
proceeds from sale of marketable securities | 0 | 0 | 10,000,000 | 30,000,000 | 0 | ||||||||||||||||||||||||||||||||||||
payment for acquisition - net of cash acquired | 3,100,000 | -300,000 | -172,000,000 | 24,300,000 | 0 | -672,300,000 | |||||||||||||||||||||||||||||||||||
total provided by investing activities | -17,400,000 | -7,800,000 | 29,600,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of commercial paper with maturities greater than 90 days | 0 | 0 | 81,300,000 | 170,000,000 | |||||||||||||||||||||||||||||||||||||
repayments of commercial paper with maturities greater than 90 days | 0 | 0 | 0 | -27,100,000 | -108,100,000 | -92,100,000 | |||||||||||||||||||||||||||||||||||
net repayments from issuance of commercial paper with maturities of 90 days or less | |||||||||||||||||||||||||||||||||||||||||
repayments of revolving credit facility | |||||||||||||||||||||||||||||||||||||||||
loss on divestiture of asbestos-related assets and liabilities | |||||||||||||||||||||||||||||||||||||||||
operating activities from continuing operations: | |||||||||||||||||||||||||||||||||||||||||
net income from continuing operations attributable to common shareholders | 94,700,000 | 68,800,000 | 111,400,000 | ||||||||||||||||||||||||||||||||||||||
total provided by operating activities from continuing operations | -49,300,000 | 155,000,000 | 114,200,000 | ||||||||||||||||||||||||||||||||||||||
investing activities from continuing operations: | |||||||||||||||||||||||||||||||||||||||||
total provided by investing activities from continuing operations | -12,500,000 | -26,100,000 | -11,500,000 | ||||||||||||||||||||||||||||||||||||||
financing activities from continuing operations: | |||||||||||||||||||||||||||||||||||||||||
total used for financing activities from continuing operations | -97,800,000 | ||||||||||||||||||||||||||||||||||||||||
discontinued operations: | |||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents from discontinued operations | -6,700,000 | 15,700,000 | 5,500,000 | ||||||||||||||||||||||||||||||||||||||
asbestos provision | |||||||||||||||||||||||||||||||||||||||||
environmental provision | |||||||||||||||||||||||||||||||||||||||||
loss on deconsolidation of joint venture | 0 | 0 | 1,200,000 | ||||||||||||||||||||||||||||||||||||||
realized gain on marketable securities | 0 | ||||||||||||||||||||||||||||||||||||||||
impact of deconsolidation of joint venture | 0 | 0 | 0 | -200,000 | |||||||||||||||||||||||||||||||||||||
repayment of short-term debt | 0 | 0 | 0 | -100,000,000 | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 13,100,000 | 4,100,000 | |||||||||||||||||||||||||||||||||||||||
net (repayments) proceeds from issuance of commercial paper with maturities of 90 days or less | |||||||||||||||||||||||||||||||||||||||||
total provided by financing activities from continuing operations | -117,100,000 | -35,600,000 | |||||||||||||||||||||||||||||||||||||||
repayments from issuance of commercial paper with maturities of 90 days or less | |||||||||||||||||||||||||||||||||||||||||
net proceeds (repayments) from issuance of commercial paper with maturities of 90 days or less | |||||||||||||||||||||||||||||||||||||||||
stock options exercised - net of shares reacquired | 7,200,000 | 3,600,000 | 500,000 | 100,000 | 1,400,000 | 1,600,000 | -400,000 | 7,500,000 | 500,000 | 4,500,000 | 4,500,000 | 12,800,000 | 16,800,000 | 7,400,000 | 3,600,000 | -1,400,000 | 1,600,000 | 300,000 | |||||||||||||||||||||||
net proceeds from issuance of commercial paper with maturities of 90 days or less | 14,500,000 | ||||||||||||||||||||||||||||||||||||||||
net borrowings under revolving credit facility | 45,200,000 | ||||||||||||||||||||||||||||||||||||||||
detail of cash from operating working capital: | |||||||||||||||||||||||||||||||||||||||||
noncontrolling interest in subsidiaries' earnings | |||||||||||||||||||||||||||||||||||||||||
net income before allocation to noncontrolling interests | 46,900,000 | 56,600,000 | 14,800,000 | 62,800,000 | 72,600,000 | 91,000,000 | 82,500,000 | 97,000,000 | 80,700,000 | 68,700,000 | 68,500,000 | 69,300,000 | 63,300,000 | 63,700,000 | 68,400,000 | 55,200,000 | 57,200,000 | ||||||||||||||||||||||||
payments for acquisitions, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of short-term debt | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
noncontrolling interests in subsidiaries’ earnings | 100,000 | 0 | 100,000 | 300,000 | 100,000 | 200,000 | 200,000 | 100,000 | 200,000 | 300,000 | |||||||||||||||||||||||||||||||
proceeds received from issuance of long-term debt | 0 | 0 | 3,000,000 | 550,000,000 | |||||||||||||||||||||||||||||||||||||
net repayments of commercial paper with maturities of 90 days or less | |||||||||||||||||||||||||||||||||||||||||
repayments from revolving credit facility | 0 | ||||||||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities | |||||||||||||||||||||||||||||||||||||||||
gain on deconsolidation of joint venture | |||||||||||||||||||||||||||||||||||||||||
gain on sale of property related to facility consolidation | |||||||||||||||||||||||||||||||||||||||||
payments for asbestos-related fees and costs, net of insurance recoveries | |||||||||||||||||||||||||||||||||||||||||
proceeds received from issuance of short-term debt | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds received from issuance of commercial paper | 272,700,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from commercial paper | 55,500,000 | ||||||||||||||||||||||||||||||||||||||||
impact of deconsolidation of joint ventures | |||||||||||||||||||||||||||||||||||||||||
repayment of commercial paper | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of commercial paper | -65,100,000 | 22,800,000 | 28,500,000 | ||||||||||||||||||||||||||||||||||||||
restructuring - non cash | 500,000 | 100,000 | |||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based compensation | |||||||||||||||||||||||||||||||||||||||||
repayment of credit facility | |||||||||||||||||||||||||||||||||||||||||
(repayments) proceeds from issuance of commercial paper - net | |||||||||||||||||||||||||||||||||||||||||
detail of cash from working capital: | |||||||||||||||||||||||||||||||||||||||||
environmental payments - net of reimbursements | |||||||||||||||||||||||||||||||||||||||||
asbestos related payments - net of insurance recoveries | |||||||||||||||||||||||||||||||||||||||||
payments for acquisitions - net of cash acquired | -700,000 | ||||||||||||||||||||||||||||||||||||||||
gain on divestiture | |||||||||||||||||||||||||||||||||||||||||
proceeds from divestitures | |||||||||||||||||||||||||||||||||||||||||
proceeds from acquisitions | |||||||||||||||||||||||||||||||||||||||||
excess tax shortfall from stock-based compensation | |||||||||||||||||||||||||||||||||||||||||
(repayments) proceeds from issuance of commercial paper | |||||||||||||||||||||||||||||||||||||||||
defined benefit plans and postretirement expense | -2,400,000 | ||||||||||||||||||||||||||||||||||||||||
defined benefit plans and postretirement (credit) expense | |||||||||||||||||||||||||||||||||||||||||
proceeds from (payments for) acquisitions | |||||||||||||||||||||||||||||||||||||||||
proceeds received from credit facility | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of commercial paper - net | |||||||||||||||||||||||||||||||||||||||||
proceeds received from issuance of long-term notes | |||||||||||||||||||||||||||||||||||||||||
proceeds from divestiture | |||||||||||||||||||||||||||||||||||||||||
proceeds from acquisition | |||||||||||||||||||||||||||||||||||||||||
excess tax benefit (shortfall) from stock-based compensation | 0 | ||||||||||||||||||||||||||||||||||||||||
defined benefit plans and postretirement (benefit) expense | |||||||||||||||||||||||||||||||||||||||||
proceeds from (repayment of) credit facility | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance (repayment) of commercial paper | |||||||||||||||||||||||||||||||||||||||||
change in short-term debt | |||||||||||||||||||||||||||||||||||||||||
environmental charge | |||||||||||||||||||||||||||||||||||||||||
net changes in other short-term debt | |||||||||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||||||||
debt: | |||||||||||||||||||||||||||||||||||||||||
net decrease in short-term debt | |||||||||||||||||||||||||||||||||||||||||
balance january 1, 2010 | |||||||||||||||||||||||||||||||||||||||||
reacquisition on open market 1,396,608 shares | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options, net of shares reacquired, 1,040,684 | |||||||||||||||||||||||||||||||||||||||||
stock option amortization | |||||||||||||||||||||||||||||||||||||||||
tax benefit — stock options and restricted stock | |||||||||||||||||||||||||||||||||||||||||
restricted stock | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2010 | |||||||||||||||||||||||||||||||||||||||||
reacquisition on open market 1,706,973 shares | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options, net of shares reacquired, 1,101,817 | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2011 | |||||||||||||||||||||||||||||||||||||||||
reacquisition on open market 1,271,592 shares | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options, net of shares reacquired, 672,960 | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2012 | |||||||||||||||||||||||||||||||||||||||||
noncontrolling interest in subsidiaries’ earnings | |||||||||||||||||||||||||||||||||||||||||
gain on disposition of capital assets and divestitures | |||||||||||||||||||||||||||||||||||||||||
cash (used for) provided from operating working capital | |||||||||||||||||||||||||||||||||||||||||
total provided from operating activities | |||||||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash and liabilities assumed of 3,206 in 2010 | |||||||||||||||||||||||||||||||||||||||||
stock options exercised — net of shares reacquired | |||||||||||||||||||||||||||||||||||||||||
excess tax benefit — exercise of stock options | |||||||||||||||||||||||||||||||||||||||||
net decrease in short-term borrowings | |||||||||||||||||||||||||||||||||||||||||
effect of exchange rate on cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||
detail of cash | |||||||||||||||||||||||||||||||||||||||||
balance january 1, 2009 | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options, net of shares reacquired, 110,050 | |||||||||||||||||||||||||||||||||||||||||
comprehensive income | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2009 | |||||||||||||||||||||||||||||||||||||||||
comprehensive loss | |||||||||||||||||||||||||||||||||||||||||
restructuring — non cash | |||||||||||||||||||||||||||||||||||||||||
gain on divestitures | |||||||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash and liabilities assumed of 3,206 in 2010 and 16,716 of cash acquired in 2008 | |||||||||||||||||||||||||||||||||||||||||
balance january 1, 2008 | |||||||||||||||||||||||||||||||||||||||||
reacquisition on open market 2,290,976 shares | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options, net of shares reacquired, 426,346 | |||||||||||||||||||||||||||||||||||||||||
restricted stock awarded, 193,045 shares | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2008 | |||||||||||||||||||||||||||||||||||||||||
reacquisition on open market 1,396,608 | |||||||||||||||||||||||||||||||||||||||||
asbestos charge | |||||||||||||||||||||||||||||||||||||||||
gain on sale of joint venture | |||||||||||||||||||||||||||||||||||||||||
(gain) loss on divestitures | |||||||||||||||||||||||||||||||||||||||||
income from joint venture | |||||||||||||||||||||||||||||||||||||||||
cash provided from (used for) operating working capital | |||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity investment | |||||||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash and liabilities assumed of 16,716 in 2008 and 16,829 in 2007 | |||||||||||||||||||||||||||||||||||||||||
net increase in short-term borrowings | |||||||||||||||||||||||||||||||||||||||||
detail of cash provided from | |||||||||||||||||||||||||||||||||||||||||
balance january 1, 2007 | |||||||||||||||||||||||||||||||||||||||||
reacquisition on open market 1,247,130 shares | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options, net of shares reacquired, 845,498 | |||||||||||||||||||||||||||||||||||||||||
restricted stock awarded, 90,365 shares | |||||||||||||||||||||||||||||||||||||||||
change in pension and postretirement plan assets and benefit obligation, net of tax | |||||||||||||||||||||||||||||||||||||||||
balance december 31, 2007 | |||||||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash and liabilities assumed of 16,716 in 2008, 16,829 in 2007 and 33,219 in 2006 | |||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt | |||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | |||||||||||||||||||||||||||||||||||||||||
total (used for) provided from financing activities | |||||||||||||||||||||||||||||||||||||||||
gain on sale of facility — foundry restructuring | |||||||||||||||||||||||||||||||||||||||||
loss/(gain) on divestitures | |||||||||||||||||||||||||||||||||||||||||
refund (payment) associated with terminated master settlement agreement | |||||||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash and liabilities assumed of 16,829 in 2007, 33,219 in 2006 and 388 in 2005 | |||||||||||||||||||||||||||||||||||||||||
proceed from divestitures | |||||||||||||||||||||||||||||||||||||||||
net increase in short-term debt | |||||||||||||||||||||||||||||||||||||||||
total provided from (used for) financing activities | |||||||||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash and liabilities assumed of 33,219 in 2006, 388 in 2005 and 11,060 in 2004 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
