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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (Loss) Income $ (110.9) $ 392.2
Adjustments to Reconcile Net (Loss) Income to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures):    
Depreciation 131.7 91.0
Amortization 222.7 139.4
Goodwill Impairment 57.3 0.0
Asset Impairments 6.1 0.0
Loss on Assets Held for Sale 112.7 0.0
Noncash Lease Expense 31.6 24.3
Share-Based Compensation Expense 49.1 17.0
Financing Fee Expense 29.8 1.8
Benefit from Deferred Income Taxes (89.4) (60.6)
Other Non-Cash Changes 5.6 0.8
Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures    
Receivables 29.2 (76.2)
Inventories 206.7 (222.3)
Accounts Payable (18.7) (64.8)
Other Assets and Liabilities (149.5) (4.6)
Net Cash Provided by Operating Activities 514.0 238.0
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to Property, Plant and Equipment (88.7) (54.6)
Proceeds Received from Sales of Property, Plant and Equipment 6.3 5.5
Business Acquisitions, Net of Cash Acquired (4,870.2) (35.0)
Net Cash Used in Investing Activities (4,952.6) (84.1)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings Under Revolving Credit Facility 1,801.3 1,797.2
Repayments Under Revolving Credit Facility (2,213.8) (1,933.9)
Proceeds from Short-Term Borrowings 34.7 6.0
Repayments of Short-Term Borrowings (38.2) (8.0)
Proceeds from Long-Term Borrowings 5,532.9 1,536.8
Repayments of Long-Term Borrowings (624.7) (1,115.9)
Dividends Paid to Shareholders (69.6) (67.9)
Shares Surrendered for Taxes (11.5) (8.6)
Proceeds from the Exercise of Stock Options 3.1 4.8
Repurchase of Common Stock 0.0 (239.2)
Distributions to Noncontrolling Interests (8.4) (6.2)
Financing Fees Paid (51.1) (6.5)
Net Cash Provided By Financing Activities 4,354.7 (41.4)
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS (5.8) (61.7)
Net (Decrease) Increase in Cash and Cash Equivalents (89.7) 50.8
Cash and Cash Equivalents at Beginning of Period 688.5 672.8
Cash and Cash Equivalents at End of Period 598.8 723.6
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 209.5 36.6
Income taxes 166.9 149.0
Cash and Cash Equivalents Presentation:    
Cash and Cash Equivalents 540.6 723.6
Assets Held for Sale 58.2 0.0
Total Cash and Cash Equivalents $ 598.8 $ 723.6