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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities:      
Net income $ 264.4 $ 122.0 $ 252.6
Adjustment to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 316.5 320.3 353.0
Amortization of deferred financing costs and original issue discount 8.9 9.0 8.8
Debt extinguishment and refinancing related costs 0.2 34.4 0.2
Deferred income taxes 15.0 (55.4) 15.7
Realized and unrealized foreign exchange losses, net 10.1 3.9 5.9
Stock-based compensation 14.9 15.1 15.7
Gain on sales of facilities (19.7) 0.0 0.0
Interest income on swaps designated as net investment hedges (18.0) (14.5) (14.7)
Other non-cash, net 11.7 16.2 21.0
Changes in operating assets and liabilities:      
Trade accounts and notes receivable (80.5) (26.0) (10.1)
Inventories (111.6) 39.6 10.8
Prepaid expenses and other assets (45.3) (19.9) (118.9)
Accounts payable 140.1 103.0 18.2
Other accrued liabilities 66.2 (70.1) 5.3
Other liabilities (14.3) 31.7 9.6
Cash provided by operating activities 558.6 509.3 573.1
Investing activities:      
Acquisitions, net of cash acquired (649.0) (1.0) (3.3)
Purchase of property, plant and equipment (121.6) (82.1) (112.5)
Proceeds from sales of assets 37.8 0.2 0.0
Interest proceeds on swaps designated as net investment hedges 18.0 14.5 14.7
Other investing activities, net (1.2) 6.9 7.2
Cash used for investing activities (716.0) (61.5) (93.9)
Financing activities:      
Proceeds from long-term borrowings 0.0 1,200.0 0.0
Payments on short-term borrowings (74.0) (38.8) (39.5)
Payments on long-term borrowings (26.9) (1,223.3) (27.6)
Financing-related costs (3.0) (39.9) (1.5)
Net cash flows associated with stock-based awards 14.4 4.3 50.3
Purchase of noncontrolling interests 0.0 (5.8) (31.1)
Purchases of common stock (243.8) (26.0) (105.3)
Other financing activities (1.2) (1.4) (3.7)
Cash used for financing activities (334.5) (130.9) (158.4)
(Decrease) increase in cash and cash equivalents (491.9) 316.9 320.8
Effect of exchange rate changes on cash (20.9) 26.6 3.3
Cash at beginning of period 1,364.0 1,020.5 696.4
Cash at end of period 851.2 1,364.0 1,020.5
Cash and cash equivalents 840.6 1,360.9 1,017.5
Restricted cash 10.6 3.1 3.0
Cash paid during the year for:      
Interest, net of amounts capitalized 118.1 151.7 156.9
Income taxes, net of refunds 57.9 25.9 42.2
Non-cash investing activities:      
Accrued capital expenditures $ 35.1 $ 35.1 $ 16.6