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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities:      
Net income (loss) $ (573.4) $ (929.5) $ 140.2
Adjustments to reconcile net income (loss) to net cash generated by operating activities:      
Depreciation and amortization 823.3 770.9 357.5
Equity-based compensation 115.0 90.8 44.9
Deferred income taxes (154.7) (260.8) (49.2)
Asset impairments 206.7 376.1 15.0
Changes in assets and liabilities:      
Accounts receivable 228.4 258.8 65.1
Inventories (100.5) 489.1 (48.5)
Prepaid expenses and other current assets (17.2) 19.5 1.0
Accounts payable and other accrued liabilities (175.2) (274.0) (0.8)
Other noncurrent liabilities (4.0) 7.2 (54.6)
Other noncurrent assets 28.8 46.0 (8.0)
Other 59.0 2.3 31.5
Net cash generated by operating activities 436.2 596.4 494.1
Investing Activities:      
Additions to property, plant and equipment (121.2) (104.1) (82.3)
Proceeds from sale of property, plant and equipment 5.0 1.6 12.9
Proceeds from sale of long-term investments   9.3  
Cash paid for ARRIS acquisition, net of cash acquired   (5,053.4)  
Cash paid for Cable Exchange acquisition (3.5) (11.0)  
Other (0.5) 2.7 5.1
Net cash used in investing activities (120.2) (5,154.9) (64.3)
Financing Activities:      
Long-term debt repaid (1,282.0) (3,061.3) (550.0)
Long-term debt proceeds 950.0 6,933.0 150.0
Debt issuance costs (11.7) (120.8)  
Debt extinguishment costs (17.9)    
Series A convertible preferred stock proceeds   1,000.0  
Dividends paid on Series A convertible preferred stock (14.3) (40.7)  
Deemed dividend paid on Series A convertible preferred stock   (3.0)  
Proceeds from the issuance of common shares under equity-based compensation plans 9.0 4.6 6.1
Tax withholding payments for vested equity-based compensation awards (16.9) (13.2) (15.7)
Net cash generated by (used in) financing activities (383.8) 4,698.6 (409.6)
Effect of exchange rate changes on cash and cash equivalents (8.5) (0.1) (16.0)
Change in cash and cash equivalents (76.3) 140.0 4.2
Cash and cash equivalents at beginning of period 598.2 458.2 454.0
Cash and cash equivalents at end of period $ 521.9 $ 598.2 $ 458.2