Consolidated Statements of Cash Flows (USD $)
In Millions | 9 Months Ended |
|---|
Sep. 30, 2011 | Sep. 30, 2010 |
|---|
| Cash flows from operating activities: | | |
| Net income | $ 73.6 | $ 46.6 |
| Adjustments to reconcile net income to net cash provided (used) by operating activities: | | |
| (Income) loss from discontinued operations, net of tax | (3.0) | 0.4 |
| Depreciation and amortization | 120.5 | 100.0 |
| Stock compensation expense | 5.3 | 5.1 |
| Deferred income taxes | (29.4) | 8.8 |
| Sales of available-for-sale securities | (4.4) | 0 |
| Sales of property and other assets | (7.9) | (1.2) |
| Acquisitions of controlling interest of equity-method or cost-method investments | (2.5) | 0 |
| Impairment losses | 0.8 | 0.5 |
| Retirement benefit funding (more) less than expense: | | |
| Pension | 6.6 | (4.0) |
| Other than pension | 8.4 | 11.9 |
| Other operating | 8.8 | 7.7 |
| Changes in operating assets and liabilities, net of effects of acquisitions: | | |
| Accounts receivable | (25.7) | (29.2) |
| Accounts payable, income taxes payable and accrued liabilities | 38.2 | 38.1 |
| Prepaid and other current assets | (24.1) | (34.6) |
| Other | 3.4 | 2.3 |
| Discontinued operations | 1.4 | (9.9) |
| Net cash provided by operating activities | 170.0 | 142.5 |
| Cash flows from investing activities: | | |
| Capital expenditures | (118.7) | (102.5) |
| Acquisitions | (3.0) | (13.9) |
| Available-for-sale secuirties: | | |
| Purchases | (0.5) | (2.6) |
| Sales | 12.6 | 1.0 |
| Cash proceeds from sale of property, equipment and investments | 12.8 | 2.5 |
| Short-term investments | 0 | (10.2) |
| Cash settlements of foreign currency derivatives | 0.1 | 0 |
| Other | 0 | (5.4) |
| Net cash used by investing activities | (96.7) | (131.1) |
| Cash flows from financing activities: | | |
| Short-term debt | (14.8) | 9.6 |
| Long-term revolving credit facilities | (101.5) | 56.1 |
| Borrowings | 100.0 | 3.6 |
| Repayments | (21.3) | (14.9) |
| Cash proceeds from sale-leaseback transactions | 14.7 | 1.2 |
| Debt financing costs | (0.7) | (2.4) |
| Repurchase shares of common stock of Brink's | 0 | (33.7) |
| Dividends to: | | |
| Shareholders of Brink's | (14.0) | (14.3) |
| Noncontrolling interests in subsidiaries | (15.4) | (11.9) |
| Proceeds from exercise of stock options | 5.1 | 1.1 |
| Excess tax benefits associated with stock compensation | 1.1 | 0.5 |
| Minimum tax withholdings associated with stock compensation | (2.5) | (1.8) |
| Net cash provided (used) by financing activities | (49.3) | (6.9) |
| Effect of exchange rate changes on cash | (6.5) | 1.0 |
| Cash and cash equivalents: | | |
| Increase (decrease) | 17.5 | 5.5 |
| Balance at beginning of period | 183.0 | 143.0 |
| Balance at end of period | $ 200.5 | $ 148.5 |