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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from (used in) operating activities:      
Net income $ 425.4 $ 99.0 $ 65.3
Less: Gain (loss) from discontinued operations, net of tax 366.4 25.2 (11.0)
Income from continuing operations, net of tax 59.0 73.8 76.3
Adjustments to reconcile income from continuing operations to net cash from operating activities      
Special charges, net 1.0 2.4 1.5
Gain on change in fair value of equity security (11.8) (8.6) (7.9)
Loss on amendment/refinancing of senior credit agreement 0.0 0.0 0.6
Impairment of goodwill and intangible assets 5.7 0.7 0.0
Deferred and other income taxes (1.4) 0.3 13.8
Depreciation and amortization 42.3 31.9 24.4
Pension and other employee benefits (8.6) 10.7 16.9
Long-term incentive compensation 12.8 13.1 12.6
Other, net 4.3 5.0 1.8
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable and other assets (19.8) 33.5 36.3
Inventories (21.0) 0.0 (8.8)
Accounts payable, accrued expenses and other 70.3 (56.1) (56.1)
Cash spending on restructuring actions (1.6) (1.5) (1.4)
Net cash from continuing operations 131.2 105.2 110.0
Net cash from discontinued operations 43.4 21.1 38.6
Net cash from operating activities 174.6 126.3 148.6
Cash flows from (used in) investing activities:      
Proceeds (expenditures) related to company-owned life insurance policies, net (31.2) (0.2) 5.9
Business acquisitions, net of cash acquired (265.2) (104.4) (147.1)
Capital expenditures (9.6) (15.3) (13.5)
Other 0.0 0.0 (0.2)
Net cash used in continuing operations (306.0) (119.9) (154.9)
Net cash from (used in) discontinued operations 620.1 (6.2) 1.2
Net cash from (used in) investing activities 314.1 (126.1) (153.7)
Cash flows from (used in) financing activities:      
Borrowings under senior credit facilities 209.9 197.6 593.8
Repayments under senior credit facilities (346.0) (207.8) (560.2)
Borrowings under trade receivables agreement 179.0 134.4 93.0
Repayments under trade receivables agreement (207.0) (106.4) (116.0)
Net repayments under other financing arrangements (0.4) (2.2) (0.6)
Payment of contingent consideration 0.0 (1.5) 0.0
Minimum withholdings paid on behalf of employees for net share settlements, net of proceeds from the exercise of employee stock options and other (3.3) 2.2 (3.7)
Financing fees paid 0.0 0.0 (1.6)
Net cash from (used in) continuing operations (167.8) 16.3 4.7
Net cash from (used in) discontinued operations 0.2 (0.4) (15.8)
Net cash from (used in) financing activities (167.6) 15.9 (11.1)
Change in cash and equivalents due to changes in foreign currency exchange rates 6.6 (2.5) 2.1
Net change in cash and equivalents 327.7 13.6 (14.1)
Consolidated cash and equivalents, beginning of period 68.3 54.7 68.8
Consolidated cash and equivalents, end of period 396.0 68.3 54.7
Supplemental disclosure of cash flow information:      
Interest paid 11.4 17.5 16.1
Income tax refunds (payments), net 5.5 (7.6) (7.0)
Non-cash investing and financing activity:      
Debt assumed $ 0.4 $ 2.9 $ 1.3