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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING ACTIVITIES:    
Net income $ 13.1 $ 11.3
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation 25.7 26.6
Intangible amortization 27.8 28.2
Stock-based compensation expense 2.7 6.9
Deferred income taxes (2.7) 4.7
Divestiture losses, net 0.0 5.0
Asset impairments, loss (gain) on disposal of property plant and equipment and other charges 1.0 (0.4)
Other, net 1.3 0.5
Changes in operating assets and liabilities:    
Accounts receivable (64.4) (4.4)
Prepaid expenses (2.1) (1.4)
Accounts payable (12.5) (6.3)
Accrued liabilities (41.1) (17.4)
Deferred revenues (2.4) 0.7
Other assets and liabilities (0.9) (4.5)
Net cash from operating activities (54.5) 49.5
INVESTING ACTIVITIES:    
Capital expenditures (43.1) (36.4)
(Payments) proceeds from (acquisition) divestiture of businesses, net (14.0) 0.9
Other, net 0.3 1.0
Net cash from investing activities (56.8) (34.5)
FINANCING ACTIVITIES:    
Repayments of long-term debt and other obligations (5.7) (7.8)
Repayments of foreign bank debt 0.0 (0.1)
Repayments of senior notes (600.0) 0.0
Proceeds from credit facility 951.0 286.9
Repayments of credit facility (228.1) (283.0)
Repayments of bank overdrafts, net (0.9) (0.5)
Payments of finance lease obligations (0.6) (0.7)
Proceeds from issuance of common stock, net of (payments of) taxes from withheld shares (6.4) (4.9)
Payments to noncontrolling interest 0.0 (1.5)
Net cash from financing activities 109.3 (11.6)
Effect of exchange rate changes on cash and cash equivalents (2.3) 0.6
Net change in cash and cash equivalents (4.3) 4.0
Cash and cash equivalents at beginning of period 35.3 56.0
Cash and cash equivalents at end of period 31.0 60.0
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of capitalized interest 35.1 32.8
Income taxes paid, net 4.9 0.4
Capital expenditures in Accounts payable $ 22.7 $ 18.8