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Consolidated and Combined Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities:      
Net income $ 113.3 $ 75.7 $ 89.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion, and amortization 85.8 67.6 65.7
Impairment charge 0.0 23.2 0.0
Stock-based compensation expense 14.6 9.9 9.0
Provision for deferred income taxes 17.3 22.4 10.3
Gain on disposition of property and other assets (4.0) (1.1) (1.4)
(Increase) decrease in other assets (0.9) 6.4 (3.3)
Increase (decrease) in other liabilities 4.2 (1.7) (7.6)
Other (4.1) (3.1) 0.1
Changes in current assets and liabilities:      
(Increase) decrease in receivables 99.0 (80.9) (26.4)
(Increase) decrease in inventories (22.7) (29.9) 24.3
(Increase) decrease in other current assets (11.6) (10.8) (0.6)
Increase (decrease) in accounts payable 3.5 20.6 7.1
Increase (decrease) in advance billings 49.3 7.7 (9.1)
Increase (decrease) in accrued liabilities 15.1 12.5 4.2
Net cash provided by operating activities 358.8 118.5 162.0
Investing activities:      
Proceeds from disposition of property and other assets 8.9 10.2 3.5
Capital expenditures (85.4) (44.8) (82.4)
Acquisitions, net of cash acquired (32.9) (333.2) (47.5)
Proceeds from divestitures 0.0 3.3 0.0
Net cash required by investing activities (109.4) (364.5) (126.4)
Financing activities:      
Payments to retire debt (81.2) (0.3) (0.1)
Proceeds from issuance of debt 0.0 180.0 0.6
Shares repurchased (11.0) (3.0) 0.0
Dividends paid to common shareholders (9.9) 0.0 0.0
Purchase of shares to satisfy employee tax on vested stock (4.4) (0.5) 0.0
Capital contribution from Former Parent 0.0 200.0 0.0
Net transfers to Former Parent and affiliates 0.0 (34.5) (43.0)
Other (1.9) (3.1) (0.3)
Net cash provided by (required by) financing activities (108.4) 338.6 (42.8)
Net increase (decrease) in cash and cash equivalents 141.0 92.6 (7.2)
Cash and cash equivalents at beginning of period 99.4 6.8 14.0
Cash and cash equivalents at end of period $ 240.4 $ 99.4 $ 6.8