XML 23 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (295,600,000) $ (76,700,000) $ (304,400,000)
Reconciliations of net loss to net cash flows provided by operating activities:      
Depreciation and amortization 354,200,000 342,300,000 251,000,000
Deferred income taxes (126,600,000) (57,400,000) (45,500,000)
Amortization of inventory step-up 0 11,700,000 76,500,000
Foreign exchange loss 114,000,000 43,800,000 97,300,000
Goodwill impairment 160,000,000 46,600,000 0
Gain on settlement agreement related to Series B Convertible Preferred Stock 0 (103,000,000) 0
Other, net 89,900,000 85,200,000 36,600,000
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (53,100,000) (18,900,000) 66,700,000
Inventory (30,300,000) 70,400,000 (7,300,000)
Accounts payable 49,800,000 (67,300,000) 83,200,000
Accrued expenses (9,200,000) 25,400,000 51,500,000
Prepaid expenses and other current assets (27,000,000) (400,000) (20,300,000)
Other assets and liabilities (44,000,000) (116,900,000) 35,600,000
Net cash flows provided by operating activities 182,100,000 184,800,000 320,900,000
Cash flows from investing activities:      
Capital expenditures (59,400,000) (56,300,000) (47,900,000)
Investment in registrations of products (40,500,000) (36,400,000) (34,400,000)
Proceeds from disposal of property, plant and equipment 17,500,000 20,600,000 25,800,000
Acquisition of business, net of cash acquired (500,000) 1,300,000 (4,600,300,000)
Restricted cash (5,200,000) (500,000) 599,700,000
Note receivable 0 0 (125,000,000)
Settlement of foreign exchange contracts in connection with acquisition 0 0 (73,100,000)
Other, net (4,500,000) (3,400,000) (1,300,000)
Net cash flows used in investing activities (92,600,000) (74,700,000) (4,256,500,000)
Cash flows from financing activities:      
Debt proceeds, net of discount and premium 4,142,700,000 3,300,900,000 3,921,800,000
Repayments of borrowings (4,122,100,000) (3,340,100,000) (283,700,000)
Change in lines of credit, net (58,800,000) 54,000,000 (12,400,000)
Proceeds from issuance of common stock, net 1,400,000 391,500,000 469,500,000
Change in on-balance sheet factoring arrangements (3,500,000) (44,100,000) (3,900,000)
Payment of financing fees (13,800,000) (1,100,000) (87,000,000)
Settlement of Series B Convertible Preferred Stock 0 (460,000,000) 0
Other, net (13,300,000) (3,300,000) (3,100,000)
Net cash flows (used in) provided by financing activities (67,400,000) (102,200,000) 4,001,200,000
Effect of exchange rate changes on cash and cash equivalents 33,100,000 (17,500,000) (30,700,000)
Net increase (decrease) in cash and cash equivalents 55,200,000 (9,600,000) 34,900,000
Cash and cash equivalents at beginning of period 422,600,000 432,200,000 397,300,000
Cash and cash equivalents at end of period 477,800,000 422,600,000 432,200,000
Supplemental disclosure information:      
Cash paid for interest 322,800,000 360,100,000 147,600,000
Cash paid for income taxes $ 145,000,000 $ 121,200,000 $ 73,300,000