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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 2.8 $ 14.5
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 45.0 47.8
Share-based compensation expense 7.2 9.4
Deferred income taxes 9.7 1.1
(Gains) losses on sale of property, equipment and marketable securities 2.7 (0.2)
Gains on business dispositions 4.7 0.0
Loss on derivative instruments 7.7 0.0
Impairment losses 2.0 1.2
Retirement benefit funding less than expense:    
Pension 2.7 0.3
Other than pension 2.6 4.5
Remeasurement losses due to Argentina currency devaluations 1.6 3.9
Other operating 14.2 3.2
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable and income taxes receivable (82.3) (36.8)
Accounts payable, income taxes payable and accrued liabilities (42.9) (47.9)
Restricted cash held for customers 81.2 (36.8)
Customer obligations (6.2) 11.3
Prepaid and other current assets (20.7) (10.2)
Other (9.2) (3.3)
Net cash provided (used) by operating activities 13.4 (38.0)
Cash flows from investing activities:    
Capital expenditures (30.2) (35.2)
Acquisitions, net of cash acquired (73.3) (129.9)
Dispositions, net of cash disposed (3.0) 0.0
Purchases (0.1) (1.1)
Sales 0.4 0.4
Cash proceeds from sale of property and equipment 1.0 1.6
Acquisition of customer contracts (5.2) 0.0
Net cash used by investing activities (110.4) (164.2)
Cash flows from financing activities:    
Short-term borrowings 0.6 (5.5)
Borrowings 361.2 310.2
Repayments (149.8) (502.9)
Borrowings 0.0 333.2
Repayments (18.5) (8.0)
Payment of acquisition-related obligation (6.8) (1.5)
Debt financing costs 0.7 3.9
Dividends to:    
Shareholders of Brink’s (7.5) (7.4)
Noncontrolling interests in subsidiaries (0.7) 0.0
Tax withholdings associated with share-based compensation (9.2) (7.3)
Other (0.5) (0.3)
Net cash provided by financing activities 168.1 106.6
Effect of exchange rate changes on cash (28.0) (3.6)
Cash, cash equivalents and restricted cash:    
Increase (decrease) 43.1 (99.2)
Balance at beginning of period 469.0 479.5
Balance at end of period $ 512.1 $ 380.3