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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net income $ 57.9 $ 105.6
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 42.0 44.4
Amortization of debt discount and deferred financing costs 1.3 4.5
Stock-based compensation 2.5 10.6
Retirement benefits, net (14.1) 10.2
Loss on debt 22.7 10.5
Other, net 2.0 (0.9)
Changes in assets and liabilities:    
Accounts receivable (73.4) (9.6)
Contract assets (49.1) (39.1)
Other current assets (18.2) 19.1
Recoverable environmental remediation costs 4.7 (1.8)
Other noncurrent assets 40.4 16.9
Accounts payable (18.2) (2.8)
Contract liabilities (15.4) (65.0)
Other current liabilities 116.5 2.9
Deferred income taxes (139.2) (3.7)
Reserves for environmental remediation costs (3.0) 2.7
Other noncurrent liabilities and other (33.2) (9.1)
Net Cash (Used in) Provided by Operating Activities (73.8) 95.4
Investing Activities    
Purchases of marketable securities (1.0) (1.9)
Capital expenditures (24.2) (17.3)
Net Cash Used in Investing Activities (25.2) (19.2)
Financing Activities    
Dividend payments (1.3) (428.5)
Debt amendment costs (1.7) 0.0
Debt repayments including conversion premium and irrevocable cash conversion option value (259.6) (175.5)
Repurchase of shares for withholding taxes and option costs under equity plans (4.7) (4.5)
Proceeds from shares issued under equity plans 0.4 7.7
Net Cash Used in Financing Activities (266.9) (600.8)
Net Decrease in Cash, Cash Equivalents and Restricted Cash (365.9) (524.6)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 703.4 1,152.5
Cash, Cash Equivalents and Restricted Cash at End of Period 337.5 627.9
Supplemental disclosures of cash flow information    
Cash paid for interest 11.3 9.8
Cash paid for income taxes, net of refunds 50.2 19.5
Contribution of treasury stock to deferred compensation plan $ 3.3 $ 0.0