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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income (loss) $ 54.4 $ 113.7 $ 128.7
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 49.6 59.7 66.5
(Gain) loss on disposition of discontinued operations (0.1) (2.4) (68.7)
Deferred taxes (17.6) (9.1) 37.6
Impairments 83.6 9.0 6.8
(Gain) loss on sale of assets (9.8) (1.9) (58.0)
Loss on early extinguishment of debt 0.0 0.7 52.6
Stock-based compensation expense 43.1 36.7 38.5
Pension plan settlements 0.0 67.8 1.5
Inventory and other non-cash charges 47.6 30.3 34.0
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):      
Trade receivables 176.1 (107.9) (0.5)
Inventories 20.3 (284.2) (33.5)
Trade accounts payable (220.1) 213.2 25.0
Other assets and liabilities (57.0) (25.1) (46.0)
Foreign exchange and other operating activities, net 3.3 (6.3) (31.5)
Net cash provided by (used in) operating activities 173.4 94.2 153.0
Investing Activities      
Capital expenditures (108.9) (103.8) (43.5)
Proceeds from sale of capital assets 4.3 2.8 20.2
Proceeds from disposition of investments 30.7 19.3 783.2
Proceeds (payments) from disposition of discontinued operations 177.7 2.5 775.7
Other investing activities, net 0.0 (6.7) 0.0
Net cash provided by (used in) investing activities 103.8 (85.9) 1,535.6
Financing Activities      
Repayments of debt (1,660.5) (1,150.1) (1,594.1)
Proceeds from issuance of debt 1,616.6 1,382.3 1,010.7
Payment of debt extinguishment costs 0.0 (0.5) (36.4)
Share repurchases (7.4) (427.5) (924.9)
Dividends paid (31.4) (30.0) (29.5)
Other financing activities, net (21.0) (19.1) (32.3)
Net cash provided by (used in) financing activities (103.7) (244.9) (1,606.5)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (5.5) (21.4) 46.1
Net Increase (Decrease) in Cash and Cash Equivalents 168.0 (258.0) 128.2
Cash and Cash Equivalents at Beginning of Period 372.1 630.1 501.9
Cash and Cash Equivalents at End of Period $ 540.1 $ 372.1 $ 630.1