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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES FROM CONTINUING OPERATIONS:    
Net income before non-controlling interests $ 59.8 $ 28.6
Loss from discontinued operations, net of tax 1.2 0.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 23.2 21.5
Amortization of stock-based compensation 7.3 6.6
Amortization of deferred financing costs 0.7 0.6
Bad debt expense 15.7 1.6
Deferred income taxes 3.0 (1.8)
Dividends received from unconsolidated affiliates 0.0 1.3
Equity loss (income) in earnings of unconsolidated affiliates 0.2 (2.9)
Foreign currency adjustments and other 0.6 (6.5)
Changes in operating assets and liabilities, net of effect of business acquisitions (96.7) (44.8)
Net cash provided by operating activities from continuing operations 15.0 4.6
CASH FLOWS FROM INVESTING ACTIVITIES FROM CONTINUING OPERATIONS:    
Purchases of property, plant and equipment (26.2) (19.1)
Acquisitions, net of cash acquired (37.9) 0.0
Debtor-in-possession financing arrangement 0.0 (9.5)
Other 0.1 8.3
Net cash used in investing activities from continuing operations (64.0) (20.3)
CASH FLOWS FROM FINANCING ACTIVITIES FROM CONTINUING OPERATIONS:    
Proceeds from borrowings under long-term debt obligations 611.1 212.6
Repayments of borrowings under long-term debt obligations (231.0) (198.7)
Proceeds from exercise of stock options 1.3 2.4
Treasury stock repurchased (199.3) (3.7)
Repayments of finance lease obligations and other 6.0 (1.6)
Net cash provided by financing activities from continuing operations 188.1 11.0
Net cash provided by (used in) continuing operations 139.1 (4.7)
CASH USED IN DISCONTINUED OPERATIONS    
Operating cash flows (1.1) (0.7)
Investing cash flows 0.0 0.0
Financing cash flows 0.0 0.0
Net cash used in discontinued operations (1.1) (0.7)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (5.9) (0.8)
Increase (decrease) in cash and cash equivalents 132.1 (6.2)
CASH AND CASH EQUIVALENTS, beginning of period 64.9 45.8
CASH AND CASH EQUIVALENTS, end of period 197.0 39.6
LESS: CASH AND CASH EQUIVALENTS OF DISCONTINUED OPERATIONS 0.0 0.0
CASH AND CASH EQUIVALENTS OF CONTINUING OPERATIONS 197.0 39.6
Cash paid during the period for:    
Interest 6.4 8.1
Income taxes, net of refunds $ 6.3 $ 7.6