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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 income (loss) $ 75.7 $ 92.9 $ (319.9)
(Loss) income from discontinued operations, net of tax (1.1) 13.3 (242.9)
Net income (loss) from continuing operations 76.8 79.6 (77.0)
Reconciliations of net income (loss) to net cash flows provided by (used in) operating activities:      
Depreciation and amortization 161.4 154.7 156.7
Deferred income taxes (53.0) (3.1) (54.7)
Foreign exchange loss (gain) 29.3 (54.6) (0.2)
Incentive stock compensation 6.0 11.8 15.4
Other, net 61.3 55.1 (11.4)
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (27.3) 21.8 0.9
Inventories 1.4 (3.8) (18.8)
Accounts payable (5.3) (7.0) (5.5)
Accrued expenses 26.1 (57.7) (10.6)
Prepaid expenses and other current assets (9.6) (2.9) 10.5
Other assets and liabilities 8.9 (23.0) (6.1)
Net cash flows provided by (used in) operating activities of continuing operations 276.0 170.9 (0.8)
Cash flows from investing activities:      
Capital expenditures (28.8) (29.7) (28.4)
Proceeds from disposal of property, plant and equipment 1.7 4.6 4.2
Proceeds from the Arysta Sale (net of cash $148.7 million) 0.0 4,281.8 0.0
Proceeds from the sale of equity investment 0.0 0.0 25.0
Acquisition of business, net of cash acquired (9.0) (63.9) (28.2)
Other, net (3.8) 6.9 3.6
Net cash flows (used in) provided by investing activities of continuing operations (39.9) 4,199.7 (23.8)
Cash flows from financing activities:      
Debt proceeds 800.0 1,493.4 0.0
Repayments of borrowings (807.9) (5,351.4) (22.5)
Change in lines of credit, net 0.0   25.0
Change in lines of credit, net   (24.9)  
Repurchases of common stock (55.7) (507.1) 0.0
Dividends (12.4) 0.0 0.0
Payment of financing fees (46.2) (40.5) (1.4)
Other, net (1.4) (8.4) (2.5)
Net cash flows used in financing activities of continuing operations (123.6) (4,438.9) (1.4)
Cash flows from discontinued operations:      
Net cash flows used in operating activities of discontinued operations (14.7) (161.7) (7.9)
Net cash flows used in investing activities of discontinued operations 0.0 (5.0) (51.2)
Net cash flows provided by financing activities of discontinued operations 0.0 4.8 43.8
Net cash flows used in discontinued operations (14.7) (161.9) (15.3)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 4.0 4.8 (27.0)
Net increase (decrease) in cash, cash equivalents and restricted cash 101.8 (225.4) (68.3)
Cash, cash equivalents and restricted cash at beginning of period [1] 190.1 [2] 415.5 [2] 483.8
Cash, cash equivalents and restricted cash at end of period [2] 291.9 190.1 [1] 415.5 [1]
Continuing Operations      
Supplemental disclosure information of continuing operations:      
Cash paid for interest 51.8 125.4 293.4
Cash paid for income taxes $ 66.5 $ 71.2 $ 78.9
[1] Includes cash, cash equivalents and restricted cash of discontinued operations of $181.9 million and $225.4 million at December 31, 2018 and 2017, respectively.
[2] Includes cash, cash equivalents and restricted cash of discontinued operations of $181.9 million at December 31, 2018.