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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income (loss) $ 155.4 $ 90.9
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 48.7 77.4
(Gain) loss on disposition of discontinued operations (63.7) (3.5)
Deferred taxes (22.9) (101.1)
(Gain) loss on sale of assets (59.8) 2.4
Loss on early extinguishment of debt 52.6 0.4
Stock-based compensation expense 29.9 28.2
Other non-cash charges 31.8 58.9
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):    
Trade receivables (141.4) (19.2)
Inventories 7.9 (31.5)
Trade accounts payable (7.5) (105.4)
Income taxes payable / receivable 2.6 1.2
Other assets and liabilities (67.7) 147.4
Foreign exchange and other operating activities, net (22.1) (45.8)
Net cash provided by (used in) operating activities (56.2) 100.3
Investing Activities    
Capital expenditures (27.2) (64.2)
Acquisitions, net of cash acquired 0.0 (3.2)
Proceeds (payments) from disposition of discontinued operations 773.7 3.5
Proceeds from sales of assets 803.3 63.7
Other investing activities, net 0.0 (2.5)
Net cash provided by (used in) investing activities 1,549.8 (2.7)
Financing Activities    
Repayments of debt (1,593.0) (1,004.8)
Proceeds from issuance of debt 1,010.5 889.9
Share repurchases (761.7) (80.9)
Dividends paid (22.8) (22.7)
Payment of debt extinguishment costs (36.4) 0.0
Other financing activities, net (30.7) (8.3)
Net cash provided by (used in) financing activities (1,434.1) (226.8)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 34.3 6.4
Net Increase (Decrease) in Cash and Cash Equivalents 93.8 (122.8)
Cash and Cash Equivalents at Beginning of Period 501.9 466.5
Cash and Cash Equivalents at End of Period $ 595.7 $ 343.7