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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 181.9 $ 117.3 $ 21.9
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from discontinued operations, net of tax 2.9 (2.1) 0.8
Depreciation and amortization 245.8 239.5 206.8
Share-based compensation expense 48.6 33.1 31.3
Deferred income taxes (62.3) 14.6 (28.2)
(Gain) loss on sale of property, equipment and marketable securities 0.7 (17.7) (11.6)
Gain on business dispositions 0.0 0.0 (4.1)
Impairment losses 9.0 9.5 11.6
Retirement benefit funding (more) less than expense:      
Pension (3.7) 12.4 9.5
Other than pension 7.9 14.2 14.3
Remeasurement losses due to Argentina currency devaluation 37.6 9.0 7.7
Other operating 23.6 (5.8) 15.6
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable and income taxes receivable (180.9) (21.2) 45.1
Accounts payable, income taxes payable and accrued liabilities 139.2 45.1 (114.5)
Restricted cash held for customers 50.0 60.2 116.3
Customer obligations 50.0 15.7 (6.5)
Prepaid and other current assets (56.7) (16.8) (24.5)
Other (13.7) (29.0) 26.2
Net cash provided by operating activities 479.9 478.0 317.7
Cash flows from investing activities:      
Capital expenditures (182.6) (167.9) (118.5)
Acquisitions, net of cash acquired (173.9) (313.2) (439.7)
Dispositions, net of cash disposed 0.0 0.0 (2.6)
Marketable securities:      
Purchases (30.3) (15.6) (2.9)
Sales 11.7 35.1 2.0
Cash proceeds from sale of property, equipment and investments 5.7 7.7 5.3
Cash proceeds from settlement of cross currency swap 64.3 0.0 0.0
Net change in loans held for investment (25.9) 0.0 0.0
Other (0.2) (0.8) (9.0)
Net cash used by investing activities (331.2) (454.7) (565.4)
Cash flows from financing activities:      
Short-term borrowings 37.7 (4.3) (3.9)
Cash supply chain customer debt 0.0 0.0 (10.5)
Long-term revolving credit facilities: Borrowings 7,058.7 3,385.5 897.8
Long-term revolving credit facilities: Repayments (6,832.7) (2,836.8) (1,008.9)
Other long-term debt: Borrowings 189.9 7.7 1,022.6
Other long-term debt: Repayments (87.0) (140.7) (98.5)
Acquisition of noncontrolling interests (7.8) 0.0 0.0
Cash received from acquisition related settlements 0.0 6.2 9.7
Cash paid for acquisition related settlements and obligations (2.8) (4.0) (7.3)
Debt financing costs (5.6) (0.8) (13.2)
Repurchase shares of Brink's common stock (52.2) (200.0) (50.0)
Dividends to:      
Shareholders of Brink’s (37.6) (37.2) (30.1)
Noncontrolling interests in subsidiaries (7.1) (5.1) (16.8)
Proceeds from exercise of stock options 0.0 2.3 0.0
Tax withholdings associated with share-based compensation (12.2) (5.5) (10.3)
Other 3.9 4.0 3.1
Net cash provided by financing activities 245.2 171.3 683.7
Effect of exchange rate changes on cash and cash equivalents (70.1) (50.8) 37.9
Cash, cash equivalents and restricted cash:      
Increase 323.8 143.8 473.9
Balance at beginning of period 1,086.7 942.9 469.0
Balance at end of period $ 1,410.5 $ 1,086.7 $ 942.9