Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income (loss)	$ 97.6	$ (367.8)
Adjustments to reconcile net income (loss) to net cash used for operating activities:
Depreciation	51.6	42.9
Amortization	105.5	107.8
Deferred income taxes	(22.3)	(7.7)
Amortization of debt discount and issuance costs	4.6	9.0
Loss on extinguishment of debt	0.4	174.0
Change in fair value of warrant liabilities	52.3	109.3
Asset impairment	8.7	21.7
Changes in operating working capital	(160.0)	(102.1)
Stock based compensation	17.5	7.0
Changes in tax receivable agreement	3.3	18.8
Other	15.2	1.5
Net cash provided by operating activities	174.4	14.4
Cash flows from investing activities:
Capital expenditures	(43.3)	(21.3)
Investments in capitalized software	(9.5)	(4.9)
Proceeds from disposition of property, plant and equipment	6.1	0.0
Net cash used for investing activities	(46.7)	(26.2)
Cash flows from financing activities:
Borrowings from ABL revolving credit facility	0.0	324.2
Repayments of ABL revolving credit facility	0.0	(370.5)
Proceeds from short-term borrowings	0.0	22.0
Repayment of short-term borrowings	0.0	(3.8)
Borrowing on Term Loan, net of discount	0.0	2,189.0
Repayment of Prior Notes	0.0	(1,370.0)
Payment of redemption premiums	0.0	(75.0)
Payment of debt issuance costs	0.0	(11.2)
Proceeds from reverse recapitalization, net	0.0	1,832.5
Payment to Vertiv Stockholder	0.0	(341.6)
Proceeds from the exercise of warrants	107.5	0.0
Exercise of employee stock options	2.6	0.0
Employee taxes paid from shares withheld	(7.2)	0.0
Other financing	0.0	(2.3)
Net cash provided by financing activities	86.5	112.3
Effect of exchange rate changes on cash and cash equivalents	(5.2)	(1.9)
Increase (decrease) in cash, cash equivalents and restricted cash	209.0	98.6
Beginning cash, cash equivalents and restricted cash	542.6	233.7
Ending cash, cash equivalents and restricted cash	751.6	332.3
Changes in operating working capital
Accounts receivable	(67.8)	(76.5)
Inventories	(147.7)	(64.5)
Other current assets	2.4	8.0
Accounts payable	63.1	20.8
Accrued expenses and other liabilities	5.7	(2.8)
Income taxes	(15.7)	12.9
Changes in operating working capital	(160.0)	(102.1)
Term Loan due 2027 at 2.83% and 3.15% at September 30, 2021 and December 31, 2020, respectively.
Cash flows from financing activities:
Repayments of Term Loan and Prior Term Loan	(16.4)	(11.0)
Term Loan due 2023
Cash flows from financing activities:
Repayments of Term Loan and Prior Term Loan	$ 0.0	$ (2,070.0)