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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net earnings $ 43.9 $ 35.6
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation 39.4 51.2
Amortization 77.7 77.6
Non-cash lease expense 19.6 0.0
Share-based compensation 9.7 15.9
Deferred income taxes 6.1 68.5
Amortization of original issue discount and debt issuance costs 3.3 4.4
Amortization of broadcast rights 9.6 10.2
Gain on sale of assets, net (9.4) (12.3)
Loss on extinguishment of debt 0.0 (15.1)
Write-down of impaired assets 21.2 0.0
Fair value adjustments to contingent consideration 0.3 (0.1)
Changes in assets and liabilities, net of acquisitions (149.3) (206.7)
Net cash provided by operating activities 72.1 59.4
Cash flows from investing activities    
Acquisitions of and investments in businesses and assets, net of cash acquired (23.0) (1.7)
Proceeds from disposition of assets, net of cash sold 33.8 347.8
Additions to property, plant, and equipment (34.5) (17.0)
Net cash provided by (used in) investing activities (23.7) 329.1
Cash flows from financing activities    
Proceeds from issuance of long-term debt 280.0 0.0
Repayments of long-term debt (260.0) (646.9)
Dividends paid (83.2) (80.1)
Purchases of Company stock (4.2) (5.0)
Proceeds from common stock issued 1.1 2.5
Payment of acquisition-related contingent consideration 0.0 (19.3)
Financing lease payments (0.7) 0.0
Net cash used in financing activities (67.0) (748.8)
Effect of exchange rate changes on cash and cash equivalents (0.1) (0.6)
Change in cash in assets held-for-sale (5.1) 0.4
Net decrease in cash and cash equivalents (23.8) (360.5)
Cash and cash equivalents at beginning of period 45.0 437.6
Cash and cash equivalents at end of period $ 21.2 $ 77.1