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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES    
Net income (loss) $ 17.8 $ (78.8)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Impairment charges and other-net 1.5 22.3
Depreciation and amortization 99.0 116.6
(Benefit) provision for credit losses (3.2) 7.4
Share-based compensation 3.9 4.5
Deferred income taxes loss (benefit) 4.8 (3.9)
Net pension and other postretirement benefits plan income (14.1) (10.1)
(Gain) loss on disposition of businesses and other assets (8.3) 9.3
Loss on debt extinguishment 6.2 0.4
Other 3.2 6.1
Changes in operating assets and liabilities:    
Accounts receivable-net (37.8) 57.7
Inventories (78.9) (21.7)
Prepaid expenses and other current assets (10.4) (6.5)
Accounts payable 9.4 (91.3)
Current income taxes (10.7) (18.8)
Accrued liabilities and other (7.8) 38.3
Pension and other postretirement benefits plan contributions (3.6) (6.3)
Net cash (used in) provided by operating activities (29.0) 25.2
INVESTING ACTIVITIES    
Capital expenditures (48.6) (54.4)
(Payments) proceeds from disposition of businesses (1.4) 16.8
Proceeds from sales of property, plant and equipment 16.6 29.7
Proceeds related to company-owned life insurance 0.2 4.4
Net cash used in investing activities (33.2) (3.5)
FINANCING ACTIVITIES    
Payments of current maturities and long-term debt (444.6) (168.8)
Proceeds from issuances of long-term debt 451.1  
Proceeds from credit facility borrowings 837.0 578.0
Payments on credit facility borrowings (837.0) (210.0)
Debt issuance costs (8.3)  
Dividends paid   (2.1)
Payments of withholding taxes on share-based compensation (2.5) (0.6)
Other financing activities (1.3) (1.7)
Net cash (used in) provided by financing activities (5.6) 194.8
Effect of exchange rate on cash, cash equivalents and restricted cash 1.2 2.1
Net (decrease) increase in cash, cash equivalents and restricted cash (66.6) 218.6
Cash, cash equivalents and restricted cash at beginning of year 357.6 223.8
Cash, cash equivalents and restricted cash at end of period $ 291.0 442.4
Supplemental cash flow disclosures:    
Operating cash flows provided by discontinued operations   15.7
Investing cash flows used in discontinued operations   $ (1.3)