| Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities | |||||||||
Net income | |||||||||
146,100 | 276,500 | 244,400 | 291,300 | 99,500 | 45,500 | 604,300 | -347,000 | -84,900 | 136,300 |
Adjustments to reconcile net income to net cash provided by operating activities | |||||||||
Depreciation and amortization | |||||||||
92,000 | 83,200 | 79,800 | 70,900 | 61,400 | 61,200 | 65,200 | 62,900 | 61,700 | 56,400 |
Deferred income taxes | |||||||||
-76,800 | 26,000 | -100 | -37,400 | -70,700 | -52,800 | 11,300 | -21,900 | 19,200 | -58,200 |
Pension cost | |||||||||
- | - | - | - | - | - | - | 1,300 | 100 | 700 |
Stock-based compensation | |||||||||
11,100 | 9,300 | 10,300 | 9,200 | 8,500 | 7,000 | 7,800 | 9,100 | 7,700 | 7,200 |
Asbestos adjustments | |||||||||
156,400 | -40,400 | -5,500 | -33,400 | 195,800 | 117,100 | 15,800 | 85,800 | 224,200 | -17,400 |
Excess tax benefits from share-based awards | |||||||||
800 | 3,000 | 400 | 1,400 | 5,600 | - | - | - | - | - |
Loss on early debt extinguishment | |||||||||
-26,100 | 0 | 0 | - | - | - | - | - | - | - |
Other, net | |||||||||
-12,600 | -15,000 | -14,800 | - | - | - | - | - | - | - |
Asset impairments | |||||||||
- | - | - | - | - | 16,900 | 14,300 | - | - | - |
Tax benefit from stock options exercised | |||||||||
- | - | - | - | - | 3,500 | - | -400 | -900 | - |
Changes in operating assets and liabilities: | |||||||||
Other-than-temporary impairment on investments | |||||||||
- | - | - | - | - | - | - | - | - | 14,800 |
Restricted cash and cash equivalents - Asbestos | |||||||||
-95,200 | -900 | -100,300 | -107,800 | -99,900 | -224,700 | 59,100 | -63,300 | -14,900 | -69,000 |
Restricted short-term investments - Asbestos | |||||||||
- | - | - | -200 | -6,300 | 100 | 100 | -9,700 | -54,400 | - |
Payment to AICF | |||||||||
102,200 | 91,100 | 62,800 | 113,000 | - | 184,100 | 51,500 | 63,700 | - | 110,000 |
Accounts and other receivables | |||||||||
2,000 | 28,400 | 39,900 | 5,100 | -4,900 | 10,600 | -2,200 | -24,900 | 30,100 | -6,600 |
Inventories | |||||||||
51,700 | 9,700 | -16,200 | 38,500 | 22,100 | -8,000 | 26,700 | 8,100 | 12,200 | -40,300 |
Prepaid expenses and other assets | |||||||||
2,800 | 2,100 | 3,900 | -9,200 | -3,500 | -8,800 | -19,200 | -6,300 | 48,100 | -5,700 |
Insurance receivable - Asbestos | |||||||||
-7,300 | -93,300 | -17,200 | -29,100 | -25,700 | -36,800 | -25,000 | -22,900 | -14,400 | -16,500 |
Accounts payable and accrued liabilities | |||||||||
14,200 | 39,600 | -16,900 | 15,700 | 36,200 | -40,400 | 87,400 | -7,700 | 35,400 | -11,400 |
Asbestos liability | |||||||||
-104,400 | -92,000 | -114,900 | -136,700 | -133,600 | -127,600 | -106,300 | -97,800 | -91,000 | -91,100 |
Income taxes payable | |||||||||
26,900 | -2,700 | 4,000 | - | - | - | - | - | - | - |
Deposit with Australian Taxation Office | |||||||||
- | - | - | - | - | - | - | -254,300 | 29,300 | 9,900 |
Australian Taxation Office - amended assessment | |||||||||
- | - | - | - | - | - | -197,400 | 190,400 | - | - |
ATO settlement payment | |||||||||
- | - | - | - | - | - | - | - | - | -101,600 |
Other accrued liabilities | |||||||||
47,800 | 17,700 | 17,800 | 11,600 | 13,100 | 2,400 | -24,200 | -37,100 | 47,600 | 900 |
Net cash provided by operating activities | |||||||||
295,000 | 292,100 | 260,400 | 179,500 | 322,800 | 109,300 | 387,200 | 147,200 | 183,100 | -45,200 |
Purchases of property, plant and equipment | |||||||||
203,700 | 101,900 | 73,200 | 276,200 | 115,400 | 61,100 | 35,800 | 50,300 | 50,500 | 26,100 |
Proceeds from sale of property, plant and equipment | |||||||||
7,900 | 0 | 10,400 | - | 700 | 1,400 | 300 | 700 | - | - |
Capitalized interest | |||||||||
4,800 | 2,000 | 3,200 | 1,700 | - | - | - | - | - | - |
Acquisition of assets | |||||||||
0 | 5,100 | 600 | - | 4,100 | - | 14,400 | - | - | - |
Net cash used in investing activities | |||||||||
-200,600 | -109,000 | -66,600 | -277,900 | -118,800 | -59,700 | -49,900 | -49,600 | -50,500 | -26,100 |
Cash Flows From Financing Activities | |||||||||
Proceeds from credit facilities | |||||||||
380,000 | 395,000 | 528,000 | 717,000 | - | - | - | - | - | - |
Repayments of credit facilities | |||||||||
455,000 | 410,000 | 413,000 | 642,000 | - | - | - | - | - | - |
Proceeds from senior unsecured notes | |||||||||
800,000 | 77,300 | 0 | 322,400 | - | - | - | - | - | - |
Debt issuance costs | |||||||||
15,700 | 1,700 | 3,100 | 8,300 | - | - | - | - | - | - |
Proceeds from short-term borrowings | |||||||||
- | - | - | - | - | - | - | - | - | 128,800 |
Repayments of short-term borrowings | |||||||||
- | - | - | - | - | - | - | - | 93,300 | 125,500 |
Proceeds from borrowings | |||||||||
- | - | - | - | - | 330,000 | 160,000 | 460,000 | 274,000 | 431,600 |
Repayment of senior unsecured notes | |||||||||
400,000 | 0 | 0 | - | - | 330,000 | 219,000 | 555,000 | 350,700 | 375,400 |
Call redemption premium paid to note holders | |||||||||
19,500 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from issuance of shares | |||||||||
200 | 300 | 2,100 | 4,100 | 29,300 | 26,300 | 11,000 | 4,900 | 10,100 | 100 |
Excess tax benefits from share-based awards | |||||||||
0 | 3,000 | 400 | 1,400 | 5,600 | 3,500 | - | 400 | 900 | - |
Common stock repurchased and retired | |||||||||
0 | 99,800 | 22,300 | 9,100 | 22,100 | - | 19,000 | - | - | - |
Dividends paid | |||||||||
177,500 | 176,800 | 246,500 | 390,100 | 199,100 | 188,500 | 17,400 | - | - | 34,600 |
Net cash provided by (used in) financing activities | |||||||||
112,500 | -212,700 | -154,400 | -4,600 | -186,300 | -158,700 | -84,400 | -89,700 | -159,000 | 25,000 |
Effects of exchange rate changes on cash | |||||||||
-4,200 | 1,400 | 700 | 2,500 | -3,900 | -2,600 | -6,100 | -8,500 | 3,200 | 53,300 |
Net increase (decrease) in cash and cash equivalents | |||||||||
202,700 | -28,200 | 40,100 | -100,500 | 13,800 | -111,700 | 246,800 | -600 | -23,200 | 7,000 |
Supplemental Disclosure of Cash Flow Activities | |||||||||
Cash paid during the year for interest | |||||||||
26,300 | 26,200 | 20,500 | 4,600 | - | 100 | 11,200 | 9,100 | 7,400 | 7,800 |
Cash paid during the year for income taxes, net | |||||||||
49,100 | 51,500 | 57,800 | 35,600 | 11,600 | 83,300 | 29,500 | 38,700 | 48,500 | 23,200 |