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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 98.3 $ 181.9 $ 117.3
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from discontinued operations, net of tax (1.7) 2.9 (2.1)
Depreciation and amortization 275.8 245.8 239.5
Share-based compensation expense 32.1 48.6 33.1
Deferred income taxes 22.7 (62.3) 14.6
(Gain) loss on marketable securities and sale of property and equipment 10.9 0.7 (17.7)
Impairment losses 10.3 9.0 9.5
Retirement benefit funding (more) less than expense:      
Pension (10.2) (3.7) 12.4
Other than pension (5.5) 7.9 14.2
Remeasurement losses due to Argentina currency devaluation 79.1 37.6 9.0
Other operating 26.1 23.6 (5.8)
Changes in operating assets and liabilities, net of effects of acquisitions:      
(Increase) decrease in accounts receivable and income taxes receivable 69.0 (180.9) (21.2)
Increase (decrease) in accounts payable, income taxes payable and accrued liabilities (36.3) 139.2 45.1
Increase in restricted cash held for customers 59.5 50.0 60.2
Increase in customer obligations 66.0 50.0 15.7
(Increase) decrease in prepaid and other current assets 24.6 (56.7) (16.8)
Other (18.3) (13.7) (29.0)
Net cash provided by operating activities 702.4 479.9 478.0
Cash flows from investing activities:      
Capital expenditures (202.7) (182.6) (167.9)
Acquisitions, net of cash acquired (1.5) (173.9) (313.2)
Dispositions, net of cash disposed 1.1 0.0 0.0
Marketable securities:      
Purchases (134.7) (30.3) (15.6)
Sales 150.4 11.7 35.1
Cash proceeds from sale of property, equipment and investments 18.4 5.7 7.7
Cash proceeds from settlement of cross currency swap 0.0 64.3 0.0
Net change in loans held for investment (11.1) (25.9) 0.0
Other (0.6) (0.2) (0.8)
Discontinued operations 0.9 0.0 0.0
Net cash used by investing activities (179.8) (331.2) (454.7)
Cash flows from financing activities:      
Short-term borrowings 98.6 37.7 (4.3)
Long-term revolving credit facilities: Borrowings 9,265.7 7,058.7 3,385.5
Long-term revolving credit facilities: Repayments (9,273.8) (6,832.7) (2,836.8)
Other long-term debt: Borrowings 25.4 189.9 7.7
Other long-term debt: Repayments (97.1) (87.0) (140.7)
Acquisition of noncontrolling interests (0.6) (7.8) 0.0
Cash received from acquisition related settlements 0.0 0.0 6.2
Cash paid for acquisition related settlements and obligations (11.1) (2.8) (4.0)
Debt financing costs 0.0 (5.6) (0.8)
Repurchase shares of Brink's common stock (169.9) (52.2) (200.0)
Dividends to:      
Shareholders of Brink’s (39.6) (37.6) (37.2)
Noncontrolling interests in subsidiaries (7.7) (7.1) (5.1)
Proceeds from exercise of stock options 0.0 0.0 2.3
Tax withholdings associated with share-based compensation (8.0) (12.2) (5.5)
Other 11.0 3.9 4.0
Net cash (used) provided by financing activities (207.1) 245.2 171.3
Effect of exchange rate changes on cash and cash equivalents (42.4) (70.1) (50.8)
Cash, cash equivalents and restricted cash:      
Increase 273.1 323.8 143.8
Balance at beginning of period 1,410.5 1,086.7 942.9
Balance at end of period $ 1,683.6 $ 1,410.5 $ 1,086.7