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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2.6 $ (9.5)
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 72.8 71.1
Provision for uncollectible receivables 22.6 3.4
Amortization of restricted stock and other non-cash compensation 23.2 28.2
Net amortization of bond discounts and deferred financing costs 2.3 2.3
Deferred income tax provision (11.2) (31.0)
Net losses on sales of businesses 23.3 8.6
Other 1.2 13.1
Changes in assets and liabilities, net of acquisitions and divestitures, providing (using) cash:    
Accounts receivable 1,343.5 1,088.4
Increase (Decrease) in Other Receivables 40.7 175.2
Other current assets (57.5) (79.4)
Accounts payable (1,466.9) (961.3)
Accrued liabilities (158.8) (77.5)
Contract liabilities 8.8 39.2
Other non-current assets and liabilities (42.3) (13.9)
Net cash provided by (used in) operating activities (277.1) (93.5)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (44.6) (32.8)
Acquisitions, net of cash acquired (1.3) (0.0)
Other investing activities (14.9) 2.1
Net cash used in investing activities (60.8) (30.7)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in short-term borrowings 247.8 201.0
Exercise of stock options 0.0 0.6
Proceeds from Issuance of Long-term Debt 646.2 0.0
Common stock dividends (100.0) (90.6)
Tax payments for employee shares withheld (19.1) (21.2)
Acquisition-related payments (18.6) (0.0)
Distributions to noncontrolling interests (5.6) (2.5)
Other financing activities (6.3) (0.6)
Net cash (used in) provided by financing activities 744.4 86.7
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (46.7) (6.4)
Net decrease in cash, cash equivalents and restricted cash 359.8 (43.9)
Cash, cash equivalents, and restricted cash at beginning of period 1,195.7 677.2
Cash, cash equivalents, and restricted cash at end of period $ 1,555.5 $ 633.3