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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 90.7 $ 10.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 104.6 106.8
Non-cash lease expense 15.6 15.8
Deferred income taxes 19.1 22.8
Provision for bad debt 2.7 1.0
Provision for pension and other post-employment benefits 2.7 2.5
Share-based compensation 17.0 29.7
Gains on disposals of long-term assets, net 0.0 (1.0)
Realized and unrealized losses/(gains) from equity investments, net 1.0 (3.2)
Foreign exchange effects 12.9 8.2
Unrealized losses on forward repurchase contracts, net 29.9 65.4
Other 15.4 11.5
Change in operating assets and liabilities    
Trade receivables (251.6) (190.8)
Inventories 2.5 (9.9)
Prepaid expenses and other current assets 2.1 (47.4)
Accounts payable (80.5) (22.4)
Accrued expenses and other current liabilities 80.4 183.8
Operating lease liabilities (13.6) (16.0)
Income and other taxes payable 27.0 10.3
Other noncurrent assets (11.4) (9.4)
Other noncurrent liabilities 0.9 18.3
Net cash provided by operating activities 67.4 186.2
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (75.3) (62.2)
Payment for acquisition of license agreement (2.0) 0.0
Net cash used in investing activities (77.3) (62.2)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving loan facilities 319.4 834.0
Repayments of revolving loan facilities (322.6) (962.0)
Proceeds from issuance of other long-term debt 0.0 1,284.3
Repayments of term loans and other long-term debt 0.0 (1,186.6)
Dividend payments on Class B Preferred Stock (3.3) (3.3)
Net proceeds from (payments of) foreign currency contracts 5.4 (4.0)
Payments related to forward repurchase contracts (6.7) (3.9)
Payment of deferred financing fees (2.0) (36.0)
All other (0.6) (1.1)
Net cash used in financing activities (10.4) (78.6)
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH 7.2 (11.5)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (13.1) 33.9
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period 320.6 283.8
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period 307.5 317.7
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Cash paid during the period for interest 57.5 35.4
Net cash paid for income taxes 14.1 16.1
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accrued capital expenditure additions 69.9 85.1
Receivable from issuance of common stock, net of offering costs $ 0.0 $ 343.0