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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income (loss) including noncontrolling interest $ 58.7 $ 113.4
Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities:    
Depreciation and amortization 60.2 66.3
Provision for credit losses 2.8 57.9
Share-based payment award compensation costs 15.4 2.5
Deferred income tax expense (benefit) (18.1) (7.9)
Foreign currency (gains) losses, net (10.6) 0.2
Loss (gain) on sale of business 1.7 (80.0)
Other 16.5 12.4
Changes in assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable, net (807.9) 1,283.6
Inventories (92.5) 299.4
Prepaid expenses (26.9) 22.5
Short-term derivative assets, net (61.0) (68.3)
Other current assets 46.0 72.3
Cash collateral with counterparties 107.8 45.8
Other non-current assets (90.4) (7.6)
Accounts payable 784.0 (1,321.6)
Customer deposits 8.1 (10.6)
Accrued expenses and other current liabilities 151.7 (31.5)
Non-current income tax, net and other long-term liabilities 77.9 41.8
Total adjustments 164.6 377.2
Net cash provided by (used in) operating activities 223.3 490.6
Cash flows from investing activities:    
Acquisition of business, net of cash acquired 0.0 (128.6)
Proceeds from sale of business, net of divested cash 25.0 268.4
Capital expenditures (28.3) (45.5)
Other investing activities, net (6.5) (7.5)
Net cash provided by (used in) investing activities (9.8) 86.9
Cash flows from financing activities:    
Borrowings of debt 0.3 2,095.0
Repayments of debt (16.5) (2,202.8)
Dividends paid on common stock (21.2) (19.3)
Repurchases of common stock (24.4) (55.6)
Other financing activities, net (8.5) (6.0)
Net cash provided by (used in) financing activities (70.3) (188.8)
Effect of exchange rate changes on cash and cash equivalents (6.0) (2.0)
Net increase (decrease) in cash and cash equivalents 137.2 386.7
Cash and cash equivalents, as of the beginning of the period 658.8 186.1
Cash and cash equivalents, as of the end of the period $ 796.0 $ 572.7