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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Consolidated net income $ 16.8 $ 52.0
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 50.4 34.7
Deferred income taxes (22.7) (2.1)
Other non-cash expenses, net 11.2 0.6
Changes in operating assets and liabilities, net of acquisitions and divestitures 9.3 (63.4)
Net cash provided by operating activities 65.0 21.8
Cash flows from investing activities:    
Purchases of property, plant and equipment (26.0) (21.4)
Cash paid for acquisitions, net of cash acquired (1.1) (274.5)
Other investing activities, net 1.0 (8.3)
Net cash used in investing activities (26.1) (304.2)
Cash flows from financing activities:    
Repayments of revolving lines of credit (167.9) (0.5)
Proceeds from revolving lines of credit 139.9 268.9
Repayment of long-term debt (7.7) (107.2)
Proceeds from long-term debt 2.9 0.0
roceeds from issuance of common stock, net 0.4 3.4
Payment of dividends to common shareholders (7.7) (7.3)
Repurchase of common stock (10.0) 0.0
Other financing activities, net (1.1) (5.6)
Net cash provided by (used in) financing activities (51.2) 151.7
Effect of exchange rate changes on cash, cash equivalents and restricted cash 13.3 (17.6)
Net increase (decrease) in cash, cash equivalents and restricted cash 1.0 (148.3)
Cash, cash equivalents and restricted cash at beginning of period 186.7 491.6
Cash, cash equivalents and restricted cash at end of period 187.7 343.3
Supplemental disclosure of cash flow information:    
Restricted cash period beginning balance 3.3 3.3
Restricted cash period ending balance $ 3.5 $ 3.2