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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (Loss) $ 20.4 $ (5.5)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures):    
Depreciation 41.5 30.2
Amortization 86.7 46.3
Loss on Assets Held for Sale 21.5 0.0
Noncash Lease Expense 11.3 7.7
Share-Based Compensation Expense 9.1 21.7
Financing Fee Expense 3.1 23.0
Benefit from Deferred Income Taxes (30.4) (10.2)
Other Non-Cash Changes 1.4 0.3
Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures    
Receivables 47.7 31.7
Inventories (47.8) 47.1
Accounts Payable 14.5 (18.3)
Other Assets and Liabilities (95.9) (67.8)
Net Cash Provided by Operating Activities 83.1 106.2
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to Property, Plant and Equipment (18.5) (18.7)
Business Acquisitions, Net of Cash Acquired 0.0 (4,852.9)
Proceeds Received from Sales of Property, Plant and Equipment 1.0 6.1
Net Cash Used in Investing Activities (17.5) (4,865.5)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings Under Revolving Credit Facility 495.1 893.3
Repayments Under Revolving Credit Facility (566.8) (639.5)
Proceeds from Short-Term Borrowings 0.0 14.1
Repayments of Short-Term Borrowings 0.0 (15.9)
Proceeds from Long-Term Borrowings 0.0 5,532.9
Repayments of Long-Term Borrowings (65.8) (500.8)
Dividends Paid to Shareholders (23.3) (23.2)
Shares Surrendered for Taxes (10.7) (8.2)
Proceeds from the Exercise of Stock Options 3.5 0.9
Financing Fees Paid 0.0 (50.0)
Net Cash (Used in) Provided By Financing Activities (168.0) 5,203.6
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS (10.5) 10.5
Net (Decrease) Increase in Cash and Cash Equivalents (112.9) 454.8
Cash and Cash Equivalents at Beginning of Period 635.3 688.5
Cash and Cash Equivalents at End of Period 522.4 1,143.3
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 94.8 75.1
Income taxes 36.2 23.0
Cash and Cash Equivalents Presentation:    
Cash and Cash Equivalents 465.3 1,143.3
Assets Held for Sale 57.1 0.0
Total Cash and Cash Equivalents $ 522.4 $ 1,143.3