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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows provided by (used in) operating activities:    
Net income (loss) $ (32.8) $ (29.8)
Reconciliation of net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 145.4 149.4
Amortization of unrecognized pension loss (gain) (0.7) (0.1)
Debt early redemption premium expense 0.0 16.3
Amortization and write off of deferred debt issuance costs 4.2 11.0
Equity-based compensation expense 20.5 10.7
Restructuring charge 4.2 5.3
Restructuring payments (4.8) (4.0)
Changes in deferred income taxes (27.5) (28.8)
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable 92.7 59.5
(Increase) decrease in prepaid taxes, other prepaids and other current assets (30.3) (5.7)
Increase (decrease) in deferred revenue 73.4 70.9
Increase (decrease) in accounts payable (5.3) (12.1)
Increase (decrease) in accrued payroll (48.5) (58.5)
Increase (decrease) in other accrued and current liabilities (30.6) (28.5)
(Increase) decrease in other long-term assets 6.8 0.6
Increase (decrease) in long-term liabilities (9.7) (18.1)
Net, other non-cash adjustments (1.3) 0.7
Net cash provided by (used in) operating activities 155.7 138.8
Cash flows provided by (used in) investing activities:    
Cash settlements of foreign currency contracts and net investment hedge 6.1 (1.7)
Capital expenditures (1.3) (4.1)
Additions to computer software and other intangibles (44.6) (43.6)
Other investing activities, net 0.2 0.0
Net cash provided by (used in) investing activities (39.6) (49.4)
Cash flows provided by (used in) financing activities:    
Payment for debt early redemption premiums 0.0 (16.3)
Payments of dividends [1] (21.5) 0.0
Payment of long term debt 0.0 (420.0)
Proceeds from borrowings on Term Loan Facility 0.0 460.0
Payment of debt issuance costs 0.0 (7.4)
Payment for purchase of non-controlling interests (85.9) 0.0
Other financing activities, net [2] (11.3) (0.3)
Net cash provided by (used in) financing activities (122.2) (51.0)
Effect of exchange rate changes on cash and cash equivalents 1.8 0.3
Increase (decrease) in cash and cash equivalents (4.3) 38.7
Cash and Cash Equivalents, Beginning of Period 208.4 177.1
Cash and Cash Equivalents, End of Period 204.1 215.8
Cash Paid for:    
Income taxes payment (refund), net 13.5 30.5
Interest 44.8 40.7
Noncash Investing and Financing activities:    
Fair value of acquired assets, including measurement period adjustments 0.0 0.5
Unpaid purchase price accrued in "Other accrued and current liabilities" 0.0 (0.5)
Assumed liabilities from acquired businesses including non-controlling interest and measurement period adjustments 0.0 0.0
Cash paid for prior year noncash additions to computer software - net of current year period noncash additions (0.5) 0.0
Credit Facility    
Cash flows provided by (used in) financing activities:    
Proceeds from borrowings on Credit Facility 67.5 1.7
Payments of borrowings on lines of credit (62.8) (61.7)
Term Loan Facility    
Cash flows provided by (used in) financing activities:    
Payments of borrowings on lines of credit $ (8.2) $ (7.0)
[1] Payment of dividends for the three months ended March 31, 2023 are related to quarterly common stock dividends.
[2] Primarily related to payments for finance lease liabilities. See further details in Note 16.