XML 18 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flow from operating activities:    
Net income (loss) $ (104.6) $ 46.4
Income (loss) from discontinued operations, net of tax 0.0 143.7
Income (loss) from continuing operations, net of tax (104.6) (97.3)
Adjustments to reconcile net income (loss) to cash flow used by operating activities:    
Depreciation and amortization 185.4 74.3
Share-based compensation 23.1 14.2
Other 4.7 (9.5)
Changes in certain assets and liabilities, net of the effects of acquisitions    
Trade receivables (57.5) (85.3)
Inventories (48.8) (18.9)
Income taxes (46.8) (90.3)
Accounts payable 10.0 14.2
Deferred revenue (43.3) (42.9)
Deferred income taxes (36.3) (58.5)
Restructuring payments (57.8) (11.7)
Certain other assets and liabilities (63.4) 125.3
Net cash used by operating activities - continuing operations (235.3) (186.4)
Net cash used by operating activities - discontinued operations 0.0 (8.2)
Net cash used by operating activities (235.3) (194.6)
Cash flow from investing activities:    
Payment for acquisitions (5.6) (890.6)
Proceeds from maturities of investments 249.5 164.1
Proceeds from sale of foreign currency option contracts, net 0.0 16.2
Payments for purchases of investments (260.7) (155.6)
Proceeds from sale of assets 14.6 28.7
Capital expenditures (41.7) (23.9)
Restricted cash 7.9 0.0
Increase in certain other assets (26.9) (17.9)
Net cash used by investing activities - continuing operations (78.7) (879.0)
Net cash provided by investing activities - discontinued operations 0.0 361.9
Net cash used by investing activities (78.7) (517.1)
Cash flow from financing activities:    
Dividends paid (22.9) (57.0)
Debt issuance costs (1.1) (39.2)
Revolving credit facility borrowings (repayments), net 120.0 (168.0)
Other debt borrowings 381.0 1,825.7
Other debt repayments (433.5) (419.2)
Distributions and payments to noncontrolling interest holders (16.3) (2.1)
Issuance of common shares 0.3 0.3
Repurchase of common shares (4.8) (2.1)
Net cash provided by financing activities 22.7 1,138.4
Effect of exchange rate changes on cash and cash equivalents 19.3 9.4
(Decrease) increase in cash and cash equivalents (272.0) 436.1
Add: Cash overdraft included in assets held for sale at beginning of period 0.0 (1.5)
Cash and cash equivalents at the beginning of the period 652.7 313.6
Cash and cash equivalents at the end of the period $ 380.7 $ 748.2