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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
OPERATING ACTIVITIES    
Net loss $ (34.3) $ (21.5)
Less: Income from discontinued operations 8.5 2.1
Loss from continuing operations (42.8) (23.6)
Reconciliation to net cash (used in) provided by operating activities:    
Depreciation and amortization 20.8 17.2
Amortization of debt discount and financing costs 0.9 1.6
Stock-based compensation expense 5.3 5.3
Unrealized gain on foreign currency (0.8) 0.0
Gain on termination and curtailment of pension and other postretirement plans (0.1) (5.1)
Currency and other losses in Venezuela 0.0 2.9
Deferred income taxes (6.0) 12.6
Loss on debt refinancing 59.8 0.0
Gain on disposal of property and equipment (1.1) (0.8)
Loss on sale of product line 0.0 2.1
Changes in assets and liabilities, excluding effect of currency translation:    
Trade accounts receivable (3.3) (34.5)
Inventories (10.7) (11.5)
Accounts payable 5.2 17.1
Pension assets and liabilities, net (0.4) 3.1
Other assets and liabilities, net (36.4) (10.7)
Net cash used in operating activities from continuing operations (9.6) (24.3)
Net cash (used in) provided by operating activities from discontinued operations (124.9) 8.4
Net cash used in operating activities (134.5) (15.9)
INVESTING ACTIVITIES    
Capital expenditures (27.6) (21.5)
Businesses acquired, net of cash acquired (29.8) (87.7)
Proceeds from sale of product line 0.0 2.9
Other investing activities (2.8) 3.1
Net cash used in investing activities from continuing operations (60.2) (103.2)
Net cash used in investing activities from discontinued operations (0.2) (3.3)
Net cash used in investing activities (60.4) (106.5)
FINANCING ACTIVITIES    
Borrowings under credit arrangements 53.5 116.1
Repayments under credit arrangements (58.4) (15.2)
Proceeds from issuance of long term notes 350.0 0.0
Repayments of long term note obligations (578.3) 0.0
Cash paid for debt financing costs (6.9) 0.0
Share repurchases (1.3) (1.0)
Proceeds from exercise of stock options 5.1 5.7
Noncontrolling interest dividend 0.0 (0.6)
Other financing activities (0.2) 0.0
Net cash (used in) provided by financing activities from continuing operations (236.5) 105.0
Net cash provided by financing activities from discontinued operations 0.0 0.5
Net cash (used in) provided by financing activities (236.5) 105.5
Effect of currency exchange rate changes on cash and cash equivalents (0.8) 0.9
Decrease in cash and cash equivalents (432.2) (16.0)
Cash and cash equivalents, beginning of period 721.5 163.3
Cash and cash equivalents, end of period 289.3 147.3
Less: Cash and cash equivalents of discontinued operations 0.0 19.1
Cash and cash equivalents of continuing operations, end of period $ 289.3 $ 128.2