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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 94.0 $ 133.6
Adjustments to reconcile Net income to Net cash provided by (used in) operating activities:    
Depreciation of property, plant and equipment and amortization of intangible assets and right of use assets 79.9 74.6
Amortization of debt issuance costs 1.4 3.8
Share-based incentive compensation 5.0 3.3
Deferred tax (benefit) provision 2.8 (2.7)
Foreign currency transactions (13.8) (9.0)
Reclassification of actuarial losses from AOCI 0.0 3.6
Other operating non-cash items, net (0.7) (2.4)
Changes in operating assets and liabilities, net:    
Trade receivables (149.2) (75.7)
Inventories (65.3) (58.0)
Trade payables 20.0 12.6
Other provisions (2.0) 6.5
Income tax liabilities 13.6 30.9
Other assets and liabilities, net (2.4) 0.2
Net cash (used in)/provided by operating activities (16.7) 121.3
Cash flows from investing activities:    
Acquisition of intangible assets and property, plant and equipment (167.1) (113.7)
Net cash used in investing activities (167.1) (113.7)
Cash flows from financing activities:    
Proceeds from long-term debt borrowings 35.3 213.4
Repayments of long-term debt (2.3) (212.3)
Payments for debt issue costs (1.5) (2.8)
Cash inflows related to current financial liabilities 201.6 81.4
Cash outflows related to current financial liabilities (61.7) (87.3)
Dividends paid to shareholders (3.8) 0.0
Other financing activities (0.2) 0.0
Net cash provided by (used in) financing activities 167.4 (7.6)
Increase (decrease) in cash, cash equivalents and restricted cash (16.4) 0.0
Cash, cash equivalents and restricted cash at the beginning of the period 68.5 67.9
Effect of exchange rate changes on cash (5.5) (2.8)
Cash, cash equivalents and restricted cash at the end of the period 46.6 65.1
Less restricted cash at the end of the period 3.5 2.8
Cash and cash equivalents at the end of the period $ 43.1 $ 62.3