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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income (Loss) $ 198.4 $ (54.3) $ 494.9
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures):      
Depreciation 165.3 185.0 121.9
Amortization 346.5 307.8 185.5
Goodwill Impairment 0.0 57.3 0.0
Asset Impairments 4.0 7.8 0.9
Loss on Sale of Businesses 8.5 87.7 0.0
Noncash Lease Expense 43.5 42.9 31.9
Share-Based Compensation Expense 34.8 58.2 22.5
Financing Fee Expense 13.1 32.8 19.6
Benefit from Deferred Income Taxes (152.3) (115.3) (80.1)
Gain on Sale of Assets (3.1) (0.6) (3.7)
Other Non-Cash Changes 8.9 9.6 6.4
Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures      
Receivables 23.0 51.7 (38.1)
Inventories 23.9 262.6 (174.4)
Accounts Payable (0.4) (70.1) (129.5)
Other Assets and Liabilities (104.7) (147.8) (21.6)
Net Cash Provided by Operating Activities 609.4 715.3 436.2
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to Property, Plant and Equipment (109.5) (119.1) (83.8)
Business Acquisitions, Net of Cash Acquired 0.0 (4,870.2) (35.0)
Proceeds Received from Sales of Property, Plant and Equipment 4.9 6.3 5.5
Proceeds Received from Sale of Businesses, Net of Cash Transferred 380.0 0.0 0.0
Net Cash Provided by (Used in) Investing Activities 275.4 (4,983.0) (113.3)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings Under Revolving Credit Facility 1,626.7 2,294.1 2,119.6
Repayments Under Revolving Credit Facility (1,684.8) (2,625.0) (2,427.3)
Proceeds from Short-Term Borrowings 0.0 58.0 10.2
Repayments of Short-Term Borrowings 0.0 (61.2) (9.1)
Proceeds from Long-Term Borrowings 0.0 5,532.9 1,536.8
Repayments of Long-Term Borrowings (880.2) (826.3) (1,123.7)
Dividends Paid to Shareholders (93.0) (92.8) (90.9)
Proceeds from the Exercise of Stock Options 4.9 3.3 5.1
Shares Surrendered for Taxes (15.8) (12.1) (8.9)
Financing Fees Paid (0.3) (51.1) (40.6)
Repurchase of Common Stock (50.0) 0.0 (239.2)
Distributions to Noncontrolling Interests (3.3) (16.2) (6.2)
Net Cash (Used in) Provided by Financing Activities (1,095.8) 4,203.6 (274.2)
EFFECT OF EXCHANGE RATES ON CASH and CASH EQUIVALENTS (30.8) 10.9 (33.0)
Net (Decrease) Increase in Cash and Cash Equivalents (241.8) (53.2) 15.7
Cash and Cash Equivalents at Beginning of Period 635.3 688.5 672.8
Cash and Cash Equivalents at End of Period 393.5 635.3 688.5
Cash Paid For:      
Interest 380.3 319.6 66.7
Income Taxes 177.1 206.9 187.6
Cash and Cash Equivalents Presentation:      
Cash and Cash Equivalents 393.5 574.0 688.5
Assets Held for Sale 0.0 61.3 0.0
Total Cash and Cash Equivalents $ 393.5 $ 635.3 $ 688.5