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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income (loss) including noncontrolling interest $ 26.3 $ 18.8
Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities:    
Depreciation and amortization 27.2 19.8
Provision for credit losses 2.0 3.6
Share-based payment award compensation costs 3.7 8.7
Deferred income tax expense (benefit) (4.0) (6.8)
Foreign currency (gains) losses, net (3.7) (12.9)
Other (16.9) (5.5)
Changes in assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable, net (1,051.3) (438.8)
Inventories (140.6) 11.0
Prepaid expenses 3.1 (3.0)
Short-term derivative assets, net (210.6) 77.3
Other current assets 72.3 69.3
Cash collateral with counterparties 56.3 (4.4)
Other non-current assets (108.9) (4.0)
Accounts payable 996.7 394.3
Customer deposits 31.5 (22.8)
Accrued expenses and other current liabilities 158.3 0.8
Non-current income tax, net and other long-term liabilities 86.6 (1.8)
Total adjustments (98.3) 84.6
Net cash provided by (used in) operating activities (72.0) 103.4
Cash flows from investing activities:    
Acquisition of business, net of cash acquired (639.4) 0.0
Capital expenditures (16.7) (2.0)
Other investing activities, net (1.3) (0.6)
Net cash provided by (used in) investing activities (657.3) (2.7)
Cash flows from financing activities:    
Borrowings of debt 1,745.8 0.2
Repayments of debt (1,369.7) (4.5)
Dividends paid on common stock (7.4) (6.1)
Repurchases of common stock (13.7) 0.0
Other financing activities, net (11.3) (10.4)
Net cash provided by (used in) financing activities 343.7 (20.8)
Effect of exchange rate changes on cash and cash equivalents (0.3) (3.5)
Net increase (decrease) in cash and cash equivalents (386.0) 76.5
Cash and cash equivalents, as of the beginning of the period 652.2 658.8
Cash and cash equivalents, as of the end of the period $ 266.2 $ 735.3