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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Activities    
Net income (loss) [1] $ (226.8) $ (146.0)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization [1] 94.7 268.7
Stock-based compensation [1] 12.2 9.8
Certain interest expense and other financing costs [1] 5.6 5.7
Loss on debt extinguishment [1] 9.5 14.7
Gain on sale of fixed assets and other [1] (1.4) (0.9)
Deferred income taxes [1] (164.6) (49.4)
Loss on sale of Interior Products [1],[2] 357.8 0.0
338(h)(10) election refund [1] 0.0 (5.3)
Changes in operating assets and liabilities:    
Accounts receivable [1] 137.7 199.1
Inventories [1] (227.0) (21.8)
Prepaid expenses and other current assets [1] 45.4 6.5
Accounts payable and accrued expenses [1] (167.6) (434.9)
Other assets and liabilities [1] 1.4 3.0
Net cash provided by (used in) operating activities [1] (123.1) (150.8)
Investing Activities    
Purchases of property and equipment [1] (32.1) (25.0)
Proceeds from sale of Interior Products [1],[2] 837.0 0.0
Proceeds from the sale of assets [1] 1.5 1.1
Net cash provided by (used in) investing activities [1] 806.4 (23.9)
Financing Activities    
Borrowings under revolving lines of credit [1] 2.3 2,029.3
Payments under revolving lines of credit [1] (259.3) (1,109.9)
Payments under term loan [1] (428.8) (4.9)
Borrowings under senior notes [1] 0.0 300.0
Payment under senior notes [1] 0.0 (309.6)
Payment of debt issuance costs [1] 0.0 (3.7)
Payments under equipment financing facilities and finance leases [1] (3.4) (4.4)
Payment of dividends on Preferred Stock [1] (12.0) (12.0)
Proceeds from issuance of common stock related to equity awards [1] 17.7 1.4
Payment of taxes related to net share settlement of equity awards [1] (4.3) (2.8)
Net cash provided by (used in) financing activities [1] (687.8) 883.4
Effect of exchange rate changes on cash and cash equivalents [1] (0.8) 0.2
Net increase (decrease) in cash and cash equivalents [1] (5.3) 708.9
Cash and cash equivalents, beginning of period [1] 624.6 72.3
Cash and cash equivalents, end of period [1] 619.3 781.2
Supplemental Cash Flow Information    
Operating cash flows provided by (used in) discontinued operations [1] (28.2) 19.2
Investing cash flows provided by (used in) discontinued operations [1] (2.5) (6.7)
Cash paid during the period for:    
Interest [1] 56.5 63.7
Income taxes paid (received), net of refunds [1] 17.9 (0.4)
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Finance lease liabilities arising from obtaining right-of-use assets [1] $ 14.9 $ 0.0
[1] Unless otherwise noted, amounts include both continuing and discontinued operations.
[2] See Note 3 for additional information.