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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income (loss) $ 1,332.8 $ 495.8 $ 460.2
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:      
Depreciation 97.1 81.6 74.3
Amortization 211.5 195.4 196.7
Deferred income taxes 22.6 (54.5) (131.6)
Amortization of debt discount and issuance costs 5.9 7.0 7.9
Change in fair value of warrant liabilities 0.0 449.2 157.9
Stock-based compensation 45.9 34.6 25.0
Changes in operating working capital 339.3 114.1 66.7
Other 58.7 (3.9) 43.4
Net cash provided by (used for) operating activities 2,113.8 1,319.3 900.5
Cash flows from investing activities:      
Capital expenditures (220.0) (167.0) (127.9)
Investments in capitalized software (6.4) (17.1) (6.7)
Purchase of short-term investments (539.6) 0.0 0.0
Proceeds from maturities of short-term investments 450.0 0.0 0.0
Proceeds from disposition of property, plant and equipment 0.0 0.0 12.4
Acquisition of businesses, net of cash acquired (1,184.8) (17.6) (28.8)
Proceeds from sale of business 0.0 0.0 11.9
Net cash provided by (used for) investing activities (1,500.8) (201.7) (139.1)
Cash flows from financing activities:      
Borrowings from ABL revolving credit facility and short-term borrowings 0.0 270.0 224.9
Repayments of ABL revolving credit facility and short-term borrowings 0.0 (270.0) (459.9)
Repayment of long-term debt (20.9) (21.1) (27.1)
Dividend payment (66.6) (42.2) (9.5)
Repurchase of common stock 0.0 (599.9) 0.0
Exercise of employee stock options 26.4 33.0 27.4
Employee taxes paid from shares withheld (11.2) (21.9) (3.3)
Net cash provided by (used for) financing activities (72.3) (652.1) (247.5)
Effect of exchange rate changes on cash and cash equivalents 16.9 (21.9) 1.5
Increase (decrease) in cash, cash equivalents and restricted cash 557.6 443.6 515.4
Beginning cash, cash equivalents and restricted cash 1,232.2 788.6 273.2
Ending cash, cash equivalents and restricted cash 1,789.8 1,232.2 788.6
Changes in operating working capital      
Accounts receivable (547.5) (280.3) (277.2)
Inventories (164.7) (369.3) (54.0)
Other current assets (72.9) (63.7) 4.7
Accounts payable 381.2 343.1 (17.7)
Deferred revenue 717.5 434.5 274.2
Accrued expenses and other liabilities 93.1 7.0 91.5
Income taxes (67.4) 42.8 45.2
Total changes in operating working capital 339.3 114.1 66.7
Supplemental Disclosures      
Cash paid during the year for interest $ 126.7 $ 155.5 $ 176.7