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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Net income $ 38.7 $ 2.9
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 237.4 245.4
Deferred income taxes 5.3 (21.0)
Stock-based compensation 7.8 6.8
Pensions and other postretirement benefits, net of contributions (4.3) (7.0)
Loss on disposal of property, plant and equipment, net 4.3 3.2
Loss on equity securities 0.1 0.0
Debt refinancing and redemption costs 0.3 0.0
Changes in operating assets and liabilities    
Accounts receivable (127.3) (97.4)
Inventories 6.0 (7.9)
Accounts payable and accrued expenses 45.0 99.2
Deferred revenue (4.5) (17.2)
Other assets and liabilities (48.2) (42.1)
Net cash provided by operating activities 160.6 164.9
Investing activities    
Purchases of property, plant and equipment (96.8) (90.7)
Proceeds from sale of property, plant and equipment 3.3 0.4
Proceeds from government grants 2.0 0.0
Acquisition of business, net of cash acquired (1.3) (1.3)
Proceeds from sale of equity securities 0.8 0.0
Proceeds from insurance claim 0.0 17.0
Other investing activities (2.9) (3.3)
Net cash used in investing activities (94.9) (77.9)
Financing activities    
Payments of Revolving Credit Facility 0.0 (25.0)
Proceeds from issuance of long-term debt 0.0 33.9
Payments of long-term debt (47.7) (71.2)
Debt issuance costs (1.7) (3.1)
Purchase of treasury stock (2.8) (14.7)
Other financing activities (6.3) (7.3)
Net cash used in financing activities (58.5) (87.4)
Effect of exchange rate changes on cash (7.2) 0.0
Net decrease in cash and cash equivalents 0.0 (0.4)
Cash and cash equivalents at beginning of period 519.9 511.5
Cash and cash equivalents at end of period 519.9 511.1
Supplemental cash flow information    
     Interest paid 101.7 88.8
     Income taxes paid, net $ 22.8 $ 40.6