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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 70.0 $ 56.9
Discontinued operations, net of tax 0.0 (0.1)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 70.0 57.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 134.0 129.7
Loss on repayment of loans 0.7 1.0
Deferred taxes (27.1) (27.4)
Stock-based compensation 24.1 22.1
Gain on investments (4.7) 0.0
Other 3.5 (0.1)
Changes in assets and liabilities:    
Trade accounts receivable (60.7) (56.7)
Other current and long-term assets 43.7 (12.2)
Trade accounts payable 28.7 44.9
Other current and long-term liabilities (158.2) (80.9)
Cash provided by operating activities 54.0 77.4
Cash flows from investing activities:    
Capital expenditures (62.4) (66.5)
Proceeds from sale/maturities of other investments 0.0 17.5
Purchases of other investments 0.0 (23.1)
Investments in nonconsolidated affiliates (1.2) (31.9)
Other 1.2 0.4
Cash used in investing activities (62.4) (103.6)
Cash flows from financing activities:    
Proceeds from Term Loans 264.1 0.0
Repayments of Term Loans (257.1) 0.0
Repayments of debt (14.6) (103.6)
Debt financing fees (4.7) 0.0
Proceeds from issuance of common stock and exercise of stock options 12.4 9.8
Dividends to shareholders (20.8) (20.6)
Employee taxes paid on restricted stock units recorded as treasury stock (10.6) (7.6)
Cash used in financing activities (31.3) (122.0)
Effect of exchange rate changes on cash and cash equivalents (2.9) 1.9
Net change in cash and cash equivalents (42.6) (146.3)
Cash and cash equivalents, beginning of period 476.2 585.3
Cash and cash equivalents, end of period $ 433.6 $ 439.0