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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
OPERATING ACTIVITIES    
Net loss $ (10.3) $ (70.1)
Adjustments to reconcile net loss to net cash used in operating activities:    
Impairment charges and other-net 1.4 20.8
Depreciation and amortization 66.7 79.0
(Benefit) provision for credit losses (3.2) 5.9
Share-based compensation 2.6 3.2
Deferred income taxes 4.9 (3.1)
Net pension and other postretirement benefits plan income (9.4) (6.7)
(Gain) loss on disposition of businesses and other assets (4.2) 9.4
Loss on debt extinguishment 6.2 0.2
Other 5.9 1.1
Changes in operating assets and liabilities:    
Accounts receivable-net 86.2 174.6
Inventories (45.7) (9.1)
Prepaid expenses and other current assets (11.8) (4.0)
Accounts payable (76.5) (188.6)
Current income taxes (29.1) (4.8)
Accrued liabilities and other (45.9) (47.8)
Pension and other postretirement benefits plan contributions (2.6) (4.2)
Net cash used in operating activities (64.8) (44.2)
INVESTING ACTIVITIES    
Capital expenditures (29.9) (38.1)
Disposition of businesses (1.4) 16.1
Proceeds from sales of property, plant and equipment 7.5 4.7
Proceeds related to company-owned life insurance 0.1 3.1
Net cash used in investing activities (23.7) (14.2)
FINANCING ACTIVITIES    
Payments of current maturities and long-term debt (444.6) (152.7)
Proceeds from issuances of long-term debt 451.1  
Proceeds from credit facility borrowings 578.0 578.0
Payments on credit facility borrowings (548.0) (210.0)
Debt issuance costs (7.6)  
Dividends paid   (2.1)
Payments of withholding taxes on share-based compensation (2.5) (0.6)
Other financing activities (1.2) (1.5)
Net cash provided by financing activities 25.2 211.1
Effect of exchange rate on cash, cash equivalents and restricted cash 1.9 (4.3)
Net (decrease) increase in cash, cash equivalents and restricted cash (61.4) 148.4
Cash, cash equivalents and restricted cash at beginning of year 357.6 223.8
Cash, cash equivalents and restricted cash at end of period $ 296.2 372.2
Supplemental cash flow disclosures:    
Operating cash flows provided by discontinued operations   16.4
Investing cash flows used in discontinued operations   $ (0.9)