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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
OPERATING ACTIVITIES:    
Net income (loss) $ 19.1 $ (38.2)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation 51.1 52.6
Intangible amortization 55.5 56.3
Stock-based compensation expense 7.6 17.8
Deferred income taxes (6.9) 4.9
Divestiture losses, net 0.0 59.2
Asset impairments, loss (gain) on disposal of property plant and equipment and other charges 0.9 3.1
Other, net 1.4 1.2
Changes in operating assets and liabilities:    
Accounts receivable (105.4) (1.3)
Prepaid expenses 3.5 (1.6)
Accounts payable (9.4) (1.5)
Accrued liabilities (33.5) 8.4
Deferred revenues 7.1 0.3
Other assets and liabilities (1.5) (6.3)
Net cash from operating activities (10.5) 154.9
INVESTING ACTIVITIES:    
Capital expenditures (79.4) (63.7)
(Payments) proceeds from (acquisition) divestiture of businesses, net (13.7) 88.9
Other, net 0.8 1.2
Net cash from investing activities (92.3) 26.4
FINANCING ACTIVITIES:    
Repayments of long-term debt and other obligations (6.4) (10.0)
Proceeds from foreign bank debt 0.0 0.1
Repayments of foreign bank debt 0.0 (0.3)
Repayments of term loan (600.0) (50.0)
Proceeds from credit facility 1,248.4 601.0
Repayments of credit facility (531.0) (737.7)
Repayments of bank overdrafts, net (0.4) (2.9)
Payments of finance lease obligations (1.3) (1.4)
Proceeds from issuance of common stock, net of (payments of) taxes from withheld shares (6.4) (5.2)
Payments to noncontrolling interest 0.0 (1.5)
Net cash from financing activities 102.9 (207.9)
Effect of exchange rate changes on cash and cash equivalents (0.5) 1.3
Net change in cash and cash equivalents (0.4) (25.3)
Cash and cash equivalents at beginning of period 35.3 56.0
Cash and cash equivalents at end of period 34.9 30.7
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of capitalized interest 51.4 38.0
Income taxes paid, net 27.7 13.7
Capital expenditures in Accounts payable $ 21.7 $ 21.9