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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Consolidated net loss $ (57.0) $ (157.5)
Adjustments to reconcile consolidated net loss to net cash used for operating activities:    
Foreign currency (gains) losses (2.2) 2.9
Non-cash interest expense 0.4 0.9
Employee stock compensation 6.6 3.3
Depreciation and amortization of properties 10.4 7.6
Depreciation and amortization of outsourcing assets 18.3 16.1
Amortization of marketable software 15.8 15.5
Amortization of intangible assets 2.4 0.0
Other non-cash operating activities 0.4 (0.6)
Loss on disposal of capital assets 0.5 0.8
Postretirement contributions (16.2) (21.6)
Postretirement expense 10.2 169.0
Deferred income taxes, net (3.7) (2.0)
Changes in operating assets and liabilities, excluding the effect of acquisitions:    
Receivables, net and contract assets 94.2 48.8
Inventories (5.4) 3.7
Other assets (26.4) (15.2)
Accounts payable and current liabilities (79.0) (124.8)
Other liabilities (2.3) 10.2
Net cash used for operating activities (33.0) (42.9)
Cash flows from investing activities    
Purchase of businesses, net of cash acquired (0.3) 0.0
Proceeds from investments 939.0 1,229.5
Purchases of investments (941.3) (1,235.5)
Investment in marketable software (11.1) (17.4)
Capital additions of properties (5.2) (5.1)
Capital additions of outsourcing assets (2.4) (5.0)
Other (0.4) (0.4)
Net cash used for investing activities (21.7) (33.9)
Cash flows from financing activities    
Payments of long-term debt (7.7) (91.6)
Proceeds from issuance of long-term debt 0.0 1.5
Proceeds from exercise of stock options 0.0 2.7
Other (3.5) (7.4)
Net cash used for financing activities (11.2) (94.8)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 6.2 (8.6)
Decrease in cash, cash equivalents and restricted cash (59.7) (180.2)
Cash, cash equivalents and restricted cash, beginning of period 560.6 906.7
Cash, cash equivalents and restricted cash, end of period $ 500.9 $ 726.5