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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Net income (loss) $ (714.4) $ 94.4
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation and amortization 268.7 277.3
Impairment charge 510.0 0.0
Deferred income taxes (11.2) (31.8)
Stock-based compensation 9.3 11.2
Pensions and other postretirement benefits, net of contributions (2.5) (9.5)
Loss on disposal of property, plant and equipment, net 11.9 1.1
Debt refinancing and redemption costs 1.5 2.4
Changes in operating assets and liabilities    
Accounts receivable 256.6 (170.5)
Inventories 10.3 0.0
Accounts payable and accrued expenses (298.0) 24.5
Deferred revenue (1.5) 0.1
Other assets and liabilities (43.8) (62.3)
Net cash provided by (used in) operating activities (3.1) 136.9
Investing activities    
Purchases of property, plant and equipment (105.6) (237.5)
Proceeds from sale of property, plant and equipment 1.4 1.7
Investment in joint venture 0.0 (2.2)
Purchase buyouts of leased equipment (0.2) 0.0
Final settlement on sale of business (4.4) 0.0
Net cash used in investing activities (108.8) (238.0)
Financing activities    
Proceeds from Revolving Credit Facility 350.0 0.0
Payments of Revolving Credit Facility (150.0) 0.0
Proceeds from issuance of long-term debt 408.8 8.0
Payments of long-term debt (115.6) (128.2)
Debt issuance costs (10.6) 0.0
Purchase of treasury stock (2.7) (7.5)
Other financing activities 0.3 0.0
Net cash provided by (used in) financing activities 480.2 (127.7)
Effect of exchange rate changes on cash (7.0) 1.2
Net increase (decrease) in cash, cash equivalents and restricted cash 361.3 (227.6)
Cash, cash equivalents and restricted cash at beginning of period 532.0 478.9
Cash, cash equivalents and restricted cash at end of period 893.3 251.3
Supplemental cash flow information    
     Interest paid 102.0 102.1
     Income taxes paid, net of refunds $ 17.6 $ 34.6