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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 53.4 $ 112.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Discontinued operations (0.6) 0.2
Depreciation and amortization 137.2 121.3
Share-based compensation expense 19.2 22.0
Deferred income taxes 7.1 (55.9)
Loss on sale of property, equipment and marketable securities 1.6 0.6
Impairment losses 5.2 3.0
Retirement benefit funding (more) less than expense:    
Pension (4.5) (4.0)
Other than pension (3.2) 1.0
Remeasurement losses due to Argentina currency devaluations 18.2 13.4
Other operating 7.8 26.7
Changes in operating assets and liabilities, net of effects of acquisitions:    
(Increase) decrease in accounts receivable and income taxes receivable 5.8 (178.8)
Increase (decrease) in accounts payable, income taxes payable and accrued liabilities (89.0) 50.0
Increase (decrease) in restricted cash held for customers (16.2) 3.5
Increase (decrease) in customer obligations (32.4) 5.3
Increase in prepaid and other current assets (3.3) (61.9)
Other (1.0) (17.6)
Net cash provided by operating activities 105.3 41.1
Cash flows from investing activities:    
Capital expenditures (89.4) (83.4)
Acquisitions, net of cash acquired 0.0 (14.0)
Dispositions, net of cash disposed 1.1 0.0
Purchases (44.5) (0.5)
Sales 0.9 1.1
Cash proceeds from sale of property and equipment 1.0 2.0
Net change in loans held for investment (14.2) (7.7)
Other (0.4) 0.0
Discontinued operations 0.9 0.0
Net cash used in investing activities (144.6) (102.5)
Cash flows from financing activities:    
Short-term borrowings 76.2 4.5
Long-term revolving credit facilities: Borrowings 4,256.4 3,039.0
Long-term revolving credit facilities: Repayments (4,299.0) (3,039.3)
Other long-term debt: Borrowings 14.3 212.7
Other long-term debt: Repayments (47.5) (42.0)
Acquisition of noncontrolling interest (0.6) 0.0
Cash paid for acquisition related settlements and obligations (9.7) (2.5)
Debt financing costs 0.0 (5.5)
Repurchase shares of Brink's common stock (17.5) 0.0
Dividends to:    
Shareholders of Brink’s (19.5) (18.9)
Noncontrolling interests in subsidiaries (2.8) (2.8)
Tax withholdings associated with share-based compensation (6.9) (10.2)
Other 2.3 1.5
Net cash (used in) provided by financing activities (54.3) 136.5
Effect of exchange rate changes on cash 6.7 (59.9)
Cash, cash equivalents and restricted cash:    
Increase (decrease) (86.9) 15.2
Balance at beginning of period 1,410.5 1,086.7
Balance at end of period $ 1,323.6 $ 1,101.9