Quarterly report pursuant to Section 13 or 15(d)

Condensed Combined Statements of Cash Flows (Unaudited)

v3.4.0.3
Condensed Combined Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net (loss) earnings $ (2.6) $ 38.6
Adjustments to reconcile net (loss) earnings to net cash used for operating activities:    
Depreciation and amortization 11.4 9.4
Loss on disposal of discontinued operations 0.0 0.5
Deferred income taxes (1.0) (45.1)
Other, non-cash adjustments, net 0.0 (0.1)
Changes in operating assets and liabilities:    
Receivables, inventories and other operating assets (20.2) (32.7)
Accounts payable, income taxes payable and other operating liabilities (16.5) (5.5)
Net cash used for operating activities (28.9) (34.9)
Cash flows from investing activities:    
Purchases of property, plant and equipment (7.9) (10.8)
Proceeds from the sale of assets 0.1 0.1
Proceeds from settlement of note receivable 0.2 0.0
Net cash used for investing activities (7.6) (10.7)
Cash flows from financing activities:    
Payments of long-term debt (10.0) 0.0
Net transfers from AWI 53.6 45.7
Non-cash foreign currency translation adjustment (7.0) 0.0
Net cash provided by financing activities 36.6 45.7
Effect of exchange rate changes on cash and cash equivalents (0.1) (0.1)
Net increase in cash and cash equivalents 0.0 0.0
Cash and cash equivalents at beginning of year 0.0 0.0
Cash and cash equivalents at end of year 0.0 0.0
Supplemental Cash Flow Disclosure:    
Amounts in accounts payable for capital expenditures $ 4.1 $ 13.2