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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income (loss) $ (485.6) $ 1,171.3 $ 874.7
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 251.2 230.4 209.5
Impairment charges 369.5 4.1 36.0
Amortization of intangibles 81.0 57.7 60.1
Stock compensation expense 18.4 46.4 34.0
Loss on sale of business 507.3 0.0 0.0
U.S. pension plan termination and settlement 18.5 0.0 0.0
Equity in net earnings of affiliates, net of cash received (29.4) (36.4) (40.8)
Deferred income tax benefit (102.7) (264.4) (58.0)
Other 32.2 6.7 16.2
Changes in operating assets and liabilities:      
Accounts and notes receivable, net 59.1 (443.8) (306.1)
Inventories, net 308.8 (164.4) (668.3)
Other current and noncurrent assets (36.7) (243.0) 20.1
Accounts payable (224.9) (191.6) 322.1
Accrued expenses (190.2) 566.5 282.7
Other current and noncurrent liabilities 113.4 363.6 56.0
Total adjustments 1,175.5 (68.2) (36.5)
Net cash provided by operating activities 689.9 1,103.1 838.2
Cash flows from investing activities:      
Purchases of property, plant and equipment (393.3) (518.1) (388.3)
Proceeds from sale of property, plant and equipment 2.1 11.8 2.6
Purchase of businesses, net of cash acquired (1,903.7) (9.8) (111.3)
Proceeds from sale of business 630.7 0.0 0.0
Sale of, distributions from (investments in) unconsolidated affiliates, net (7.4) (21.6) 4.0
Proceeds from cross currency swap contract 22.6 0.0 0.0
Other (1.4) (8.0) (3.8)
Net cash used in investing activities (1,650.4) (545.7) (496.8)
Cash flows from financing activities:      
Proceeds from indebtedness 1,875.7 329.8 410.5
Repayments of indebtedness (513.4) (458.6) (377.5)
Purchases and retirement of common stock (22.0) (53.0) 0.0
Payment of dividends to stockholders (273.1) (457.4) (404.3)
Payment of minimum tax withholdings on stock compensation (14.1) (21.6) (20.6)
Payment of debt issuance costs (15.7) (10.9) (3.6)
Investments by (distributions to) noncontrolling interests, net 8.1 0.0 (11.5)
Net cash provided by (used in) financing activities 1,045.5 (671.7) (407.0)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (67.8) (79.7) (34.0)
Increase (decrease) in cash, cash equivalents and restricted cash 17.2 (194.0) (99.6)
Cash, cash equivalents and restricted cash, beginning of year 595.5 789.5 889.1
Cash, cash equivalents and restricted cash, end of year $ 612.7 $ 595.5 $ 789.5