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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows From Operating Activities:    
Net loss $ (153.2) $ (14.0)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization of intangible assets 58.1 60.1
Depreciation in cost of sales 21.3 20.2
Depreciation in selling and administrative expenses 4.1 3.7
Impairment of other intangible assets 0.0 1.5
Stock-based compensation expense [1] 156.2 0.0
Foreign currency transaction losses (gains), net 4.7 (3.0)
Net loss (gain) on asset dispositions 2.5 (0.1)
Loss on extinguishment of debt 50.4 0.0
Deferred income taxes (60.1) (12.0)
Changes in assets and liabilities:    
Receivables (16.0) 16.6
Inventories (21.4) (17.0)
Accounts payable 21.8 4.3
Accrued liabilities (37.6) 12.1
Other assets and liabilities, net (10.8) (3.4)
Net cash provided by operating activities 20.0 69.0
Cash Flows From Investing Activities:    
Capital expenditures (26.8) (26.0)
Net cash paid in business combinations (18.8) 0.0
Disposals of property, plant and equipment 5.0 0.2
Net cash used in investing activities (40.6) (25.8)
Cash Flows From Financing Activities:    
Principal payments on long-term debt (859.4) (13.9)
Premium paid on extinguishment of senior notes (29.7) 0.0
Proceeds from long-term debt 0.0 1.0
Proceeds from the issuance of common stock, net of share issuance costs 897.3 2.9
Purchase of treasury stock (2.6) (10.6)
Purchase of shares from noncontrolling interests (4.7) 0.0
Payments of debt issuance costs (0.3) (1.1)
Other 0.2 (0.8)
Net cash provided by (used in) financing activities 0.8 (22.5)
Effect of exchange rate changes on cash and cash equivalents 9.7 (2.6)
Net (decrease) increase in cash and cash equivalents (10.1) 18.1
Cash and cash equivalents, beginning of period 255.8 228.3
Cash and cash equivalents, end of period 245.7 246.4
Supplemental Cash Flow Information    
Cash paid for income taxes 31.5 8.9
Cash paid for interest 92.0 71.0
Capital expenditures in accounts payable 3.6 3.2
Expenditures directly related to our initial public offering in accounts payable $ 3.9 $ 0.0
[1] Represents stock-based compensation expense recognized for stock options outstanding ($61.4 million) and DSUs granted to employees at the date of the initial public offering ($94.8 million) under the 2013 Stock Incentive Plan.