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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities:    
Net income $ 52.4 $ 44.1
Adjustment to reconcile net income to cash used for operating activities:    
Depreciation and amortization 86.6 91.6
Amortization of deferred financing costs and original issue discount 2.2 2.2
Debt extinguishment and refinancing related costs 2.4 0.0
Deferred income taxes (45.7) 0.4
Realized and unrealized foreign exchange losses, net 3.7 0.9
Stock-based compensation 5.1 6.7
Divestitures and impairment charges 0.5 5.2
Interest income on swaps designated as net investment hedges (3.7) (3.5)
Other non-cash, net (1.9) (0.3)
Changes in operating assets and liabilities:    
Trade accounts and notes receivable 5.4 (90.4)
Inventories (27.1) (22.2)
Prepaid expenses and other assets (38.2) (60.5)
Accounts payable 29.0 35.4
Other accrued liabilities (73.3) (69.2)
Other liabilities 1.8 1.7
Cash used for operating activities (0.8) (57.9)
Investing activities:    
Acquisitions, net of cash acquired 0.0 (1.7)
Purchase of property, plant and equipment (22.7) (20.5)
Interest proceeds on swaps designated as net investment hedges 3.7 3.5
Other investing activities, net 0.4 (0.1)
Cash used for investing activities (18.6) (18.8)
Financing activities:    
Payments on short-term borrowings (10.6) (11.3)
Payments on long-term borrowings (307.2) (7.3)
Financing-related costs 0.0 (0.9)
Purchases of common stock 0.0 (65.7)
Net cash flows associated with stock-based awards (1.1) 11.4
Purchase of noncontrolling interests (1.6) (26.9)
Other financing activities, net (0.8) (1.1)
Cash used for financing activities (321.3) (101.8)
Decrease in cash (340.7) (178.5)
Effect of exchange rate changes on cash (19.8) 0.8
Cash at beginning of period 1,020.5 696.4
Cash at end of period 660.0 518.7
Cash at end of period reconciliation:    
Cash and cash equivalents 657.2 501.1
Restricted cash 2.8 2.8
Cash and restricted cash held for sale $ 0.0 $ 14.8