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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from (used in) operating activities:      
Net income $ 0.2 $ 425.4 $ 99.0
Income (loss) from discontinued operations, net of tax (19.6) 366.4 25.2
Income from continuing operations 19.8 59.0 73.8
Adjustments to reconcile income from continuing operations to net cash from (used in) operating activities      
Loss on divestiture of asbestos-related assets and liabilities 73.9 0.0 0.0
Special charges, net 0.4 1.0 2.4
(Gain) loss on change in fair value of equity security 3.0 (11.8) (8.6)
Loss on amendment/refinancing of senior credit agreement 1.1 0.2 0.0
Impairment of goodwill and intangible assets 13.4 30.0 0.7
Deferred and other income taxes (21.4) (1.4) 0.3
Depreciation and amortization 46.4 42.3 31.9
Pension and other employee benefits 3.4 (8.6) 10.7
Long-term incentive compensation 10.9 12.8 13.1
Other, net 0.5 4.3 5.0
Contribution to divest asbestos-related assets and liabilities (138.8) 0.0 0.0
Changes in operating assets and liabilities, net of effects from acquisitions and divestitures:      
Accounts receivable and other assets (0.3) (19.8) 33.5
Inventories (53.4) (21.0) 0.0
Accounts payable, accrued expenses and other (73.7) 45.8 (56.1)
Cash spending on restructuring actions (0.4) (1.6) (1.5)
Net cash from (used in) continuing operations (115.2) 131.2 105.2
Net cash from (used in) discontinued operations (21.6) 43.4 21.1
Net cash from (used in) operating activities (136.8) 174.6 126.3
Cash flows from (used in) investing activities:      
Proceeds (expenditures) related to company-owned life insurance policies, net 3.7 (31.2) (0.2)
Business acquisitions, net of cash acquired (40.0) (265.2) (104.4)
Capital expenditures (15.9) (9.6) (15.3)
Net cash used in continuing operations (52.2) (306.0) (119.9)
Net cash from (used in) discontinued operations (13.9) 620.1 (6.2)
Net cash from (used in) investing activities (66.1) 314.1 (126.1)
Cash flows from (used in) financing activities:      
Borrowings under senior credit facilities 245.0 209.9 197.6
Repayments under senior credit facilities (243.7) (346.0) (207.8)
Borrowings under trade receivables agreement 0.0 179.0 134.4
Repayments under trade receivables agreement 0.0 (207.0) (106.4)
Net repayments under other financing arrangements (0.8) (0.4) (2.2)
Payment of contingent consideration (1.3) 0.0 (1.5)
Minimum withholdings paid on behalf of employees for net share settlements, net of proceeds from the exercise of employee stock options and other (3.5) (3.3) 2.2
Repurchases of common stock (33.7) 0.0 0.0
Financing fees paid (1.9) 0.0 0.0
Net cash from (used in) continuing operations (39.9) (167.8) 16.3
Net cash from (used in) discontinued operations 1.0 0.2 (0.4)
Net cash from (used in) financing activities (38.9) (167.6) 15.9
Change in cash and equivalents due to changes in foreign currency exchange rates 2.9 6.6 (2.5)
Net change in cash and equivalents (238.9) 327.7 13.6
Consolidated cash and equivalents, beginning of period 396.0 68.3 54.7
Consolidated cash and equivalents, end of period 157.1 396.0 68.3
Supplemental disclosure of cash flow information:      
Interest paid 6.5 11.4 17.5
Income tax refunds (payments), net (59.6) 5.5 (7.6)
Non-cash investing and financing activity:      
Debt assumed $ 0.0 $ 0.4 $ 2.9