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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities      
Net Income (Loss) $ 565,000,000.0 $ (32,400,000) $ 159,100,000
Income from discontinued operations, net of tax 41,600,000 24,400,000 61,800,000
Income (loss) from continuing operations 523,400,000 (56,800,000) 97,300,000
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by operating activities from continuing operations:      
Amortization of intangible assets 332,900,000 335,100,000 105,300,000
Depreciation 89,200,000 77,400,000 41,200,000
Impairment of other intangible assets 0 19,900,000 0
Non-cash restructuring charges 1,100,000 6,200,000 400,000
Stock-based compensation expense 87,200,000 47,500,000 18,700,000
Loss on equity method investments 11,400,000 0 0
Foreign currency transaction losses (gains), net (12,000,000.0) 18,600,000 7,300,000
Loss on extinguishment of debt 9,000,000.0 2,000,000.0 200,000
Non-cash adjustments to carrying value of LIFO inventories 33,200,000 39,800,000 200,000
Deferred income taxes 103,600,000 83,100,000 21,300,000
Other non-cash adjustments (200,000) 0 800,000
Changes in assets and liabilities      
Receivables (62,500,000) 52,400,000 (14,500,000)
Inventories (134,400,000) 159,000,000.0 27,400,000
Accounts payable 118,200,000 (43,400,000) 44,200,000
Accrued liabilities (220,000,000.0) 115,700,000 (25,000,000.0)
Other assets and liabilities, net (45,100,000) (36,800,000) (58,700,000)
Net cash provided by operating activities from continuing operations 627,800,000 653,500,000 223,500,000
Cash Flows From Investing Activities      
Capital expenditures (64,100,000) (42,000,000.0) (37,900,000)
Net cash (paid) acquired in business combinations   9,000,000.0  
Net cash (paid) acquired in business combinations (974,800,000)   (12,000,000.0)
Disposals of property, plant and equipment 9,500,000 1,700,000 400,000
Net cash used in investing activities from continuing operations (1,029,400,000) (31,300,000) (49,500,000)
Cash Flows From Financing Activities      
Principal payments on long-term debt (435,700,000) (1,619,100,000) (32,600,000)
Proceeds from long-term debt 0 1,980,100,000 0
Cash dividends on common stock (8,200,000) 0 0
Purchases of treasury stock (736,800,000) (2,100,000) (18,600,000)
Proceeds from stock option exercises 23,700,000 22,700,000 42,700,000
Payments of debt issuance costs 0 (47,800,000) (500,000)
Purchase of shares from noncontrolling interests 0 (14,900,000) 0
Proceeds from sale of noncontrolling interests 0 11,900,000 0
Other financing 0 (2,100,000) (1,300,000)
Net cash (used in) provided by financing activities from continuing operations (1,157,000,000) 328,700,000 (10,300,000)
Cash Flows From Discontinued Operations:      
Net cash provided by (used in) operating activities (12,300,000) 260,800,000 119,800,000
Net cash provided by (used in) investing activities 1,943,700,000 (6,600,000) (4,800,000)
Net cash used in financing activities 0 0 (1,200,000)
Net cash provided by discontinued operations 1,931,400,000 254,200,000 113,800,000
Effect of exchange rate changes on cash and cash equivalents (14,100,000) 40,300,000 6,800,000
Net increase in cash and cash equivalents 358,700,000 1,245,400,000 284,300,000
Cash and cash equivalents, beginning of year 1,750,900,000 505,500,000 221,200,000
Cash and cash equivalents, end of year 2,109,600,000 1,750,900,000 505,500,000
Supplemental Cash Flow Information      
Cash paid for income taxes 427,900,000 106,300,000 61,600,000
Cash paid for interest 79,800,000 98,700,000 85,600,000
Capital expenditures in accounts payable $ 3,500,000 $ 4,000,000.0 $ 4,800,000