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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net loss $ (16.2) $ (72.5)
Less: Income (loss) from discontinued operations, net of tax 50.4 (63.6)
(Loss) income from continuing operations (66.6) (8.9)
Adjustments to reconcile net loss to cash provided by operating activities    
Share-based compensation expense 1.3 1.7
Depreciation and amortization 13.8 13.4
Amortization of deferred financing costs and debt discount 8.3 7.0
Loss on extinguishment of debt 12.4 9.2
Loss from equity investees 1.9 2.7
Asset impairment expense 2.2 0.1
Net realized and unrealized gains on investments 0.0 (72.5)
Deferred income taxes 1.3 0.0
Other operating activities (4.6) 1.2
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable (67.9) 23.3
Costs and recognized earnings in excess of billings on uncompleted contracts (6.1) (7.2)
Other current assets 0.5 (8.2)
Other assets 5.5 3.1
Accounts payable 24.6 6.5
Accrued liabilities 25.3 12.0
Billings in excess of costs and recognized earnings on uncompleted contracts 39.6 17.5
Other current liabilities (26.0) (17.1)
Other liabilities (0.2) 8.1
Cash used in operating activities (34.7) (8.1)
Cash provided by discontinued operating activities 34.3 55.9
Cash (used in) provided by continuing operating activities (0.4) 47.8
Cash flows from investing activities    
Purchase of property, plant and equipment (8.0) (10.0)
Proceeds from disposal of property, plant and equipment 1.1 0.6
Sale of investments 0.0 85.5
Cash received from dispositions, net of cash disposed 71.2 144.0
Cash paid for acquisitions, net of cash acquired (128.5) 0.0
Other investing activities 1.4 3.5
Cash (used in) provided by investing activities (62.8) 223.6
Cash (used in) provided by discontinued investing activities 31.6 (84.7)
Cash (used in) provided by continuing investing activities (31.2) 138.9
Cash flows from financing activities    
Proceeds from debt obligations 528.2 (0.7)
Principal payments on debt obligations (446.1) (154.2)
Cash received by subsidiary to issue preferred stock 10.0 10.0
Redemption of preferred stock (10.4) 0.0
Transactions with noncontrolling interests (6.9) (62.1)
Other financing activities (1.2) (4.2)
Cash (used in) provided by financing activities 73.6 (211.2)
Cash (used in) provided by discontinued financing activities (7.6) (11.4)
Cash (used in) provided by continuing financing activities 66.0 (222.6)
Effects of exchange rate changes on cash, cash equivalents and restricted cash (0.7) 0.6
Net increase (decrease) in cash and cash equivalents, including cash classified within assets held for sale 33.7 (35.3)
Less: Net increase (decrease) in cash and cash equivalents from discontinued operations 58.3 (35.7)
Net change in cash, cash equivalents and restricted cash (24.6) 0.4
Cash, cash equivalents and restricted cash, beginning of period 45.3 24.7
Cash, cash equivalents and restricted cash, end of period $ 20.7 $ 25.1