Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash Flows from Operating Activities
Net income	$ 106.0	$ 101.3
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	32.6	29.1
Adjustment to fair value of contingent consideration	2.1	0.0
Deferred taxes	0.6	0.5
Profit on disposal of property, plant and equipment	(0.2)	0.0
Non-cash movements on defined benefit pension plans	(2.5)	(2.5)
Stock option compensation	6.4	5.9
Changes in assets and liabilities, net of effects of acquired and divested companies:
Trade and other accounts receivable	33.5	29.5
Inventories	(17.6)	42.0
Prepaid expenses	9.6	6.5
Accounts payable and accrued liabilities	(13.6)	(57.2)
Plant closure provisions	0.0	(1.2)
Income taxes	1.5	(20.2)
Unrecognized tax benefits	(3.8)	0.7
Other assets and liabilities	4.2	0.5
Net cash provided by operating activities	158.8	134.9
Cash Flows from Investing Activities
Capital expenditures	(29.3)	(45.2)
Internally developed software	(12.2)	(10.8)
Business combinations, net of cash acquired	(0.2)	0.0
Proceeds on disposal of property, plant and equipment	0.3	0.0
Net cash used in investing activities	(41.4)	(56.0)
Cash Flows from Financing Activities
Non-controlling interest	1.7	0.3
Refinancing costs	(0.3)	(1.4)
Dividend paid	(19.0)	(17.2)
Issue of treasury stock	0.8	0.7
Repurchase of common stock	(0.7)	(1.0)
Net cash used in financing activities	(17.5)	(18.6)
Effect of foreign currency exchange rate changes on cash	0.2	(0.2)
Net change in cash and cash equivalents	100.1	60.1
Cash and cash equivalents at beginning of period	203.7	147.1
Cash and cash equivalents at end of period	$ 303.8	$ 207.2