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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flow from operating activities:    
Net loss $ (14.0) $ (111.5)
Adjustments to reconcile net loss to cash flow used by operating activities:    
Depreciation and amortization 9.1 11.7
Amortization of fair value intangible assets 24.2 17.7
Amortization of deferred financing costs into interest expense 0.4 13.6
Share-based compensation 1.9 1.3
Debt prepayment costs 2.0 0.0
(Gain) loss on sale of assets, net (1.0) 0.3
Impairment of assets 0.0 0.9
Deferred income taxes (2.2) 2.9
Other (0.1) 0.8
Changes in certain assets and liabilities:    
Trade receivables 49.1 (4.4)
Inventories (56.1) (39.6)
Accounts payable 16.1 15.4
Deferred revenue 10.9 25.5
Sales tax and net value added tax (35.0) (24.3)
Income taxes (11.9) (2.8)
Accrued salaries, wages and commissions (11.5) 11.3
Restructuring accrual 19.3 (23.4)
Warranty liability 4.0 (1.1)
Pension and post retirement benefits (0.8) 3.0
Accrued interest 1.0 39.2
Certain other assets and liabilities (28.9) (32.4)
Net cash used by operating activities (23.5) (95.9)
Cash flow from investing activities    
Capital expenditures (6.7) (5.7)
Capitalized software development (6.2) (5.4)
Proceeds from maturities of investments 75.5 71.9
Payments for purchases of investments (81.5) (62.5)
Proceeds from sale of assets 0.9 0.0
Net cash used by investing activities (18.0) (1.7)
Cash flow from financing activities    
Revolving credit facility borrowings, net 50.0 22.7
Debt issuance costs (4.6) 0.0
Repayment Exit facility (200.0) 0.0
Other debt borrowings 0.2 2.3
Other debt repayments (0.1) (2.1)
Debt prepayment costs (2.0) 0.0
Other (1.5) (1.8)
Net cash (used), provided by financing activities (158.0) 21.1
Effect of exchange rate changes on cash, cash equivalents and restricted cash (4.7) 1.9
Change in cash, cash equivalents and restricted cash (204.2) (74.6)
Add: Cash included in assets held for sale at beginning of period 0.0 2.8
Less: Cash included in assets held for sale at end of period 0.0 0.9
Cash, cash equivalents and restricted cash at the beginning of the period 592.3 319.1
Cash, cash equivalents and restricted cash at the end of the period 388.1 246.4
Additional Cash Flow Elements, Summations [Abstract]    
Cash and cash equivalents 281.9 234.6
Restricted cash 106.2 11.8
Total cash, cash equivalents, and restricted cash 388.1 246.4
Cash paid for:    
Income taxes 11.4 11.8
Interest $ 40.1 $ 25.3