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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities    
Net income (loss) $ 29.9 $ 146.7
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 38.6 45.4
(Gain) loss on disposition of discontinued operations 9.5 (4.8)
Deferred taxes (9.6) 6.8
Impairments 82.2 3.5
(Gain) loss on sale of assets (8.2) (1.8)
Stock-based compensation expense 31.5 28.1
Inventory and other non-cash charges 44.0 19.9
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):    
Trade receivables 67.0 (121.2)
Inventories (11.1) (174.6)
Trade accounts payable (151.5) 74.8
Other assets and liabilities (46.8) (34.2)
Foreign exchange and other operating activities, net 2.9 (8.2)
Net cash provided by (used in) operating activities 78.4 (19.6)
Investing Activities    
Capital expenditures (75.4) (63.2)
Proceeds from disposition of investments 0.0 19.8
Proceeds (payments) from disposition of discontinued operations 172.4 3.0
Proceeds from sale of assets 31.5 1.3
Other investing activities, net 0.0 (6.9)
Net cash provided by (used in) investing activities 128.5 (46.0)
Financing Activities    
Repayments of debt (1,548.2) (717.8)
Proceeds from issuance of debt 1,508.8 864.6
Share repurchases (2.4) (327.3)
Dividends paid (23.5) (22.6)
Other financing activities, net (20.2) (15.3)
Net cash provided by (used in) financing activities (85.5) (218.4)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (18.0) (16.6)
Net Increase (Decrease) in Cash and Cash Equivalents 103.4 (300.6)
Cash and Cash Equivalents at Beginning of Period 372.1 630.1
Cash and Cash Equivalents at End of Period $ 475.5 $ 329.5