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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (280.9) $ 205.0
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 315.3 316.6
Asset impairment charges 212.8 0.0
Non-cash lease expense 46.8 46.7
Deferred income taxes (41.2) 39.0
Provision for bad debts 8.7 3.5
Provision for pension and other post-employment benefits 8.2 7.6
Share-based compensation 44.7 70.4
Losses on termination of collaboration agreement/sale of equity investment, and disposal of other assets 73.7 1.7
Losses/(gains) from equity investments, net 87.6 (17.6)
Foreign exchange effects 12.9 17.6
Losses (gains) on forward repurchase contracts, net 216.2 (15.9)
Other 34.5 40.1
Change in operating assets and liabilities    
Trade receivables (156.0) (131.9)
Inventories 46.9 83.5
Prepaid expenses and other current assets 23.3 8.4
Accounts payable (82.9) (165.5)
Accrued expenses and other current liabilities (141.4) 47.4
Operating lease liabilities (42.7) (44.4)
Income and other taxes payable (18.1) (69.1)
Other noncurrent assets (10.5) (4.9)
Other noncurrent liabilities 51.5 (0.1)
Net cash provided by operating activities 409.4 438.1
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (166.7) (185.4)
Proceeds from contingent consideration, license agreements, and sale of other long-lived assets, net 12.6 23.9
Proceeds from termination of collaboration agreement/sale of equity investment 74.0 0.0
Net cash used in investing activities (80.1) (161.5)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net proceeds from short-term debt 5.0 0.0
Proceeds from revolving loan facilities 1,951.3 1,745.2
Repayments of revolving loan facilities (1,562.7) (1,704.0)
Proceeds from issuance of other long-term debt 0.0 1,284.3
Repayments of term loans and other long-term debt (490.6) (1,613.6)
Net proceeds from issuance of Class A Common Stock 0.0 355.5
Dividend payments on Common Stock and Convertible Series B Preferred Stock (9.9) (10.1)
Net payments of foreign currency contracts (14.0) (2.8)
Payments related to forward repurchase contracts and settlement, including hedge valuation adjustment (282.3) (234.0)
Refunds related to hedge valuation adjustment 61.8 0.0
Distributions to noncontrolling interests and redeemable noncontrolling interests (23.9) (18.1)
Payment of deferred financing fees (2.0) (40.4)
All other (16.8) (26.1)
Net cash used in financing activities (384.1) (264.1)
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH (6.4) (10.1)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (61.2) 2.4
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period 320.6 283.8
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period 259.4 286.2
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Cash paid for interest 171.6 148.8
Cash paid for income taxes, net of refunds received 66.8 121.4
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accrued capital expenditure additions 64.4 85.6
Non-cash exchange of June 2022 forward repurchase contracts for treasury stock $ 0.0 $ 150.6