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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows used in operating activities:    
Net income (loss) $ (135.8) $ 41.6
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Share-based compensation expense 33.4 32.3
Depreciation and amortization 107.7 94.6
Adjustment for prior period lease receivables (Note 10) 0.0 86.1
Change in fair value of contingent consideration, net 2.4 2.6
Amortization of deferred financing costs 3.1 3.1
Deferred income taxes 23.0 0.6
Other 13.0 5.1
Changes in operating assets and liabilities:    
Accounts receivable 76.2 (114.7)
Inventories (112.2) (58.0)
Prepaid expenses and other assets (29.2) (54.8)
Accounts payable (9.0) 3.5
Accrued expenses and other liabilities (98.0) (19.3)
Accrued compensation (5.7) (11.1)
Contract liabilities 4.2 (19.5)
Net cash used in operating activities: (126.9) (7.9)
Cash flows used in investing activities:    
Purchases of property, plant and equipment (92.2) (178.3)
Asset acquisitions (243.7) 0.0
Net cash used in investing activities: (335.9) (178.3)
Cash flows provided by (used in) financing activities:    
Proceeds from revolving credit facility 238.0 0.0
Purchases of treasury stock (81.9) 0.0
Principal payments on term loan facility (25.3) (16.9)
Principal payments on convertible senior notes 0.0 (10.6)
Proceeds from share-based compensation activity 3.0 12.5
Taxes paid for share-based compensation activity (5.7) (13.5)
Contingent consideration payments 0.0 (2.5)
Net cash provided by (used in) financing activities: 128.1 (31.0)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (0.6) (0.3)
Net change in cash, cash equivalents and restricted cash (335.3) (217.5)
Cash, cash equivalents and restricted cash at beginning of period 576.3 621.5
Cash, cash equivalents and restricted cash at end of period 241.0 404.0
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 26.7 27.3
Cash paid during the period for income taxes 23.9 57.6
Supplemental information on non-cash investing and financing activities:    
Purchases of property, plant and equipment unpaid at period end 10.0 20.6
Reconciliation of cash and cash equivalents and restricted cash at September 30, 2022 and December 31, 2021:    
Cash and cash equivalents 240.9  
Restricted cash 0.1  
Total $ 241.0 $ 404.0