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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income including noncontrolling interest $ 60.5 $ 61.3
Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities:    
Depreciation and amortization 38.4 43.3
Provision for bad debt 4.0 3.9
Share-based payment award compensation costs 6.4 9.2
Deferred income tax benefit (1.0) (8.0)
Foreign currency gains, net (2.5) (6.5)
Other 0.4 (1.8)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net (reduced by beneficial interests received in exchange for accounts receivables sold of $122.5 million and $83.2 million for the three months ended June 30, 2018 and 2017, respectively, and $241.5 million and $157.1 million for the six months ended June 30, 2018 and 2017, respectively.) (499.7) (47.7)
Inventories (56.7) 15.2
Prepaid expenses 2.1 0.3
Short-term derivative assets, net (22.0) 14.2
Other current assets (32.2) 3.1
Cash collateral with financial counterparties 41.7 (5.9)
Other non-current assets (32.8) (12.4)
Accounts payable 301.0 12.8
Customer deposits (12.2) (1.0)
Accrued expenses and other current liabilities (22.5) (72.7)
Non-current income tax, net and other long-term liabilities (1.4) (8.1)
Total adjustments (289.1) (61.9)
Net cash used in operating activities (228.6) (0.6)
Cash flows from investing activities:    
Cash receipts of retained beneficial interests in receivable sales 241.9 156.4
Acquisition of businesses, net of cash acquired (21.0) (88.4)
Capital expenditures (28.9) (31.5)
Other investing activities, net 7.6 (0.4)
Net cash provided by investing activities 199.5 36.0
Cash flows from financing activities:    
Borrowings of debt 2,875.0 1,991.8
Repayments of debt (3,019.5) (2,111.1)
Dividends paid on common stock (8.1) (8.2)
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards (2.1) (3.9)
Purchases of common stock 0.0 (31.9)
Other financing activities, net 0.0 (0.4)
Net cash used in financing activities (154.7) (163.7)
Effect of exchange rate changes on cash and cash equivalents (1.1) 5.2
Net decrease in cash and cash equivalents (184.8) (123.0)
Cash and cash equivalents, as of beginning of period 372.3 698.6
Cash and cash equivalents, as of end of period $ 187.6 $ 575.6