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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 144.3 $ 177.3
Discontinued operations, net of tax 0.0 4.6
Income from continuing operations 144.3 181.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 181.2 182.7
Net loss/(gain) on investments in affiliated companies and assets-held-for sale 0.5 (22.6)
Net (earnings)/dividends, from equity method investments 1.8 1.4
Deferred taxes (11.2) 0.1
Amortization of discount and deferred financing fees 1.9 3.2
Stock-based compensation 21.5 16.6
Provision for losses on trade accounts receivable 10.3 5.6
Other 3.8 1.6
Changes in assets and liabilities:    
Trade accounts receivable (12.5) (32.6)
Other current and long-term assets (7.5) (34.8)
Trade accounts payable 28.8 6.1
Other current and long-term liabilities 16.5 (0.9)
Cash provided by operating activities of continuing operations 379.4 308.3
Cash used in operating activities of discontinued operations 0.0 (7.3)
Cash provided by operating activities 379.4 301.0
Cash flows from investing activities:    
Capital expenditures (87.6) (88.0)
Proceeds from sale/maturity of other investments 24.7 10.5
Purchases of other investments (50.7) (19.8)
Acquisitions and purchases of noncontrolling interests, net of cash acquired (5.2) (45.9)
Proceeds from disposals of assets held for sale 1.6 40.3
Other 0.7 (4.9)
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (116.5) (107.8)
Cash Provided by (Used in) Investing Activities, Discontinued Operations 0.0 0.0
Cash used in investing activities (116.5) (107.8)
Cash flows from financing activities:    
Repayments of debt (31.2) (133.9)
Proceeds from issuance of common stock and exercise of stock options 12.9 12.8
Dividends to shareholders (29.0) (28.5)
Employee taxes paid on restricted stock units recorded as treasury stock (33.1) (36.9)
Cash used in financing activities (86.8) (187.3)
Effect of exchange rate changes on cash and cash equivalents (18.0) 1.4
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 158.1 7.3
Cash and cash equivalents, beginning of period 274.1 187.4
Cash and cash equivalents, end of period 432.2 194.7
Payments to Noncontrolling Interests 0.0 (0.8)
Payment for Contingent Consideration Liability, Financing Activities $ (6.4) $ 0.0