XML 18 R6.htm IDEA: XBRL DOCUMENT v3.21.1
COMBINED STATEMENTS OF CASH FLOWS (Condensed) (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flow from Operating Activities    
Net earnings/(loss) $ 56.9 $ (71.6)
Net loss from discontinued operations 0.0 (131.1)
Net (loss)/earnings from continuing operations 56.9 59.5
Non-cash integration and restructuring charges 3.5 8.1
Depreciation and amortization 58.7 56.1
Deferred income taxes 2.1 2.6
Share-based compensation expense 9.4 15.9
Loss on extinguishment of debt 75.7 4.2
Non-cash items included in income, net 10.8 10.2
Other, net (0.3) (0.1)
Changes in current assets and liabilities used in operations (204.4) (57.3)
Net cash from operating activities from continuing operations 12.4 99.2
Net cash used by operating activities from discontinued operations 0.0 (12.9)
Net cash from operating activities 12.4 86.3
Cash Flow from Investing Activities    
Capital expenditures (19.2) (27.7)
Proceeds from sale of assets 0.1 1.5
Acquisitions, net of cash acquired (67.1) (4.5)
Net cash used by investing activities from continuing operations (86.2) (30.7)
Net cash from investing activities from discontinued operations 0.0 305.9
Net cash (used by)/from investing activities (86.2) 275.2
Cash Flow from Financing Activities    
Cash proceeds from issuance of debt with original maturities greater than 90 days 1,200.0 365.0
Payments on debt with maturities greater than 90 days (1,983.9) (747.2)
Net increase in debt with original maturities of 90 days or less 88.1 150.3
Premiums paid on extinguishment of debt   0.0
Debt issuance costs (17.7) (0.9)
Payment of contingent consideration (3.9) 0.0
Dividends paid on common stock (43.3) (43.7)
Dividends paid on mandatory convertible preferred stock (8.1) (8.1)
Common stock purchased (21.3) (45.0)
Taxes paid for withheld share-based payments (6.7) (9.7)
Net cash used by financing activities from continuing operations (919.3) (339.3)
Net cash used by financing activities from discontinued operations 0.0 (1.1)
Net cash used by financing activities (919.3) (340.4)
Effect of exchange rate changes on cash 4.3 (1.7)
Net decrease in cash, cash equivalents, and restricted cash from continuing operations (988.8) (272.5)
Net increase in cash, cash equivalents, and restricted cash from discontinued operations 0.0 291.9
Net (decrease)/increase in cash, cash equivalents, and restricted cash (988.8) 19.4
Cash, cash equivalents, and restricted cash, beginning of period 1,249.8 258.5
Cash, cash equivalents, and restricted cash, end of period $ 261.0 $ 277.9