XML 21 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flow from operating activities:    
Net loss $ (433.5) $ (40.4)
Adjustments to reconcile net loss to cash flow used by operating activities:    
Depreciation and amortization 42.3 55.2
Amortization of acquired intangible assets 52.8 59.3
Amortization of Deferred Charges 12.0 13.0
Share-based compensation 9.6 12.7
(Gain) loss on sale of assets, net (5.4) (1.9)
Deferred income taxes 112.8 (21.6)
Defined Benefit Plan, Plan Assets, Payment for Settlement 14.3 0.0
Other 2.7 0.0
Asset Impairment Charges 64.7 0.3
Changes in certain assets and liabilities    
Trade receivables (2.5) (50.9)
Inventories (186.5) (150.3)
Accounts payable (18.9) 95.6
Deferred revenue 14.5 (87.2)
Sales tax and net value added tax (24.9) (35.7)
Income taxes (34.7) (25.5)
Accrued salaries, wages and commissions (59.1) 1.5
Restructuring accrual 21.2 (22.4)
Warranty liability (5.2) (1.4)
Pension and post retirement benefits (13.4) (5.8)
Certain other assets and liabilities (45.6) (86.1)
Net cash used by operating activities (482.8) (291.6)
Cash flow from investing activities:    
Payments to Develop Software (24.0) (21.6)
Proceeds from divestitures, net of cash divested (10.5) 5.8
Proceeds from maturities of investments 368.6 222.6
Payments for purchases of investments (345.6) (202.0)
Payments To Acquire Property Plant And Equipment Including Software 13.8 11.1
Proceeds from Sale of Productive Assets 3.5 1.7
Net cash provided (used) by investing activities (0.8) (4.6)
Cash flow from financing activities:    
Revolving credit facility borrowings, net 240.0 187.9
Other debt borrowings 12.4 9.9
Other debt repayments (12.3) (13.6)
Proceeds from Noncontrolling Interests 0.0 12.7
Other (6.6) (7.1)
Net cash provided by financing activities 233.5 189.8
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (12.5) (4.3)
Change in cash, cash equivalents and restricted cash (262.6) (110.7)
Add: Cash included in assets held for sale at beginning of period 3.1 2.7
Less: Cash included in assets held for sale at end of period 1.0 0.6
Cash, cash equivalents and restricted cash at the beginning of the period 388.9 324.5
Cash, cash equivalents and restricted cash at the end of the period 128.4 215.9
Defined Benefit Plan, Plan Assets, Payment for Settlement $ (14.3) $ 0.0