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Unaudited condensed consolidated statements of cash flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 121.5 $ 190.4
Reconciling adjustments:    
Depreciation and amortization 101.1 114.5
Stock-based compensation expense 12.7 10.7
Provision for accounts receivable and inventory 12.5 15.9
Deferred income tax benefit (26.4) (22.3)
Amortization of deferred financing costs 3.4 4.4
Loss on extinguishment of debt 2.3 1.8
Foreign currency remeasurement loss (gain) 1.8 (1.8)
Changes in assets and liabilities:    
Accounts receivable (52.2) (137.3)
Inventory 7.1 (46.4)
Accounts payable 0.6 73.2
Accrued interest (10.5) (10.0)
Other assets and liabilities 44.1 (46.2)
Other, net 1.5 5.3
Net cash provided by operating activities 219.5 152.2
Cash flows from investing activities:    
Capital expenditures (28.0) (24.5)
Cash paid for acquisitions, net of cash acquired 0.0 (15.3)
Other 0.7 0.3
Net cash used in investing activities (27.3) (39.5)
Cash flows from financing activities:    
Debt repayments (269.5) (111.9)
Payments of dividends on preferred stock 0.0 (16.1)
Proceeds received from exercise of stock options 2.6 5.7
Shares repurchased to satisfy employee tax obligations for vested stock-based awards (8.1) (4.9)
Net cash used in financing activities (275.0) (127.2)
Effect of currency rate changes on cash 4.8 (4.2)
Net change in cash, cash equivalents and restricted cash (78.0) (18.7)
Cash, cash equivalents and restricted cash, beginning of period 396.9 327.1
Cash, cash equivalents and restricted cash, end of period $ 318.9 $ 308.4