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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings $ 77.1 $ (5.6) $ (143.8)
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Goodwill impairment 0.0 0.0 195.1
Depreciation and amortization 111.0 115.6 101.9
Equity-based compensation expense 10.5 4.1 3.3
Deferred Income Taxes and Tax Credits 33.5 (0.3) 7.1
Pension and other postretirement employee benefits 3.8 1.4 (0.6)
Debt retirement costs 5.9 2.7 0.0
Gain on divested assets, net (1.4) 0.0 (25.5)
(Increase) decrease in accounts receivable 6.1 (18.0) 6.6
(Increase) decrease in inventory 18.1 (21.2) (8.1)
(Increase) decrease in other current assets (11.2) (0.8) 6.4
Increase (Decrease) in Accounts Payable, Trade (16.5) (53.9) 18.9
Increase (Decrease) in Employee Related Liabilities (2.5) 4.8 (0.9)
Increase in other accrued liabilities 7.0 20.7 7.3
Other, net 5.6 6.1 1.2
Net cash flows provided by operating activities 247.0 55.6 168.9
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to property, plant and equipment (39.6) (140.1) (295.7)
Net proceeds from divested assets 0.0 0.0 70.9
Other, net 0.0 0.0 0.8
Net cash flows used in investing activities (39.6) (140.1) (224.0)
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings on short-term debt 108.5 549.3 630.8
Repayments of borrowings on short-term debt (122.0) (657.7) (565.0)
Proceeds from long-term debt, net 275.0 296.1 0.0
Repayment of long-term debt (449.4) (103.0) 0.0
Payments for debt issuance costs (4.4) (2.3) (2.1)
Other, net (0.7) (0.4) (0.4)
Net cash flows (used in) provided by financing activities (192.9) 82.0 63.3
Increase (decrease) in cash, cash equivalents and restricted cash 14.4 (2.5) 8.2
Cash, cash equivalents and restricted cash at beginning of period 36.9 22.4 24.9
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Cash paid for interest, net of amounts capitalized 45.0 38.4 26.1
Income Taxes Paid, Net $ (7.9) $ 3.1 $ (10.6)