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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities:    
Net income (loss) $ 88.5 $ (0.2)
Depreciation and amortization 30.5 26.4
Stock-based incentive compensation 6.8 6.8
Loss on sale of business, net of tax 11.0  
Deferred income taxes (26.3) 1.6
Gain on sale of assets (0.1) (1.0)
Foreign currency transaction gains (0.8) (1.5)
Other non-cash adjustments 6.9 (0.6)
Changes in operating assets and liabilities (36.7) 297.4
Net cash provided by operating activities 79.8 328.9
Investing activities:    
Additions to property, plant and equipment (111.5) (26.1)
Additions to equipment held for rental (1.2) (1.9)
Acquisition of business, net of cash acquired (187.9)  
Proceeds from sale of business, net of cash sold 23.1  
Proceeds from sale of equipment held for rental 1.6 3.2
Other investing activities (1.2) (15.3)
Net cash used in investing activities (277.1) (40.1)
Financing activities:    
Repayments of debt (original maturities greater than three months) (25.0) (225.0)
Repurchases of Common Stock (15.2) (85.0)
Dividends paid (26.8) (24.5)
Other financing activities (4.1) (3.4)
Net cash used in financing activities (71.1) (337.9)
Effect of exchange rate changes on cash and cash equivalents 1.2 (2.1)
Decrease in cash and cash equivalents (267.2) (51.2)
Cash and cash equivalents at beginning of period 805.9 995.7
Cash and cash equivalents at end of period 538.7 944.5
Supplemental disclosures:    
Cash paid for interest 8.4 10.1
Cash paid for income taxes 2.4 5.3
Cash received from income tax refunds 0.9 0.3
Cash paid for operating lease liabilities 12.4 11.5
Operating right-of-use assets obtained $ 7.8 $ 2.8