6. Statement of Cash Flows, Supplemental Disclosures

3 Months Ended

Mar. 31, 2023

SUPPLEMENTAL CASH FLOW INFORMATION

The reconciliation of net income (loss) to net cash provided by operating activities is as follows (in millions):


	Three Months Ended
	March 31, 2023		March 31, 2022
Net income (loss)	$	69.0	$	(3,367.3)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	35.6		33.4
Reduction in the carrying amount of right-of-use assets	10.0		10.0
Share-based compensation	16.6		13.5

Losses from change in fair market value of equity securities and loan receivable	17.5		4,545.1

Payments for operating lease liabilities	(9.9)		(9.5)
Increase in accounts receivable	(1.4)		(46.8)
Increase in inventories	(30.1)		(35.5)
Increase in other current assets	(16.0)		(33.8)
Increase (decrease) in accounts payable and other current liabilities	8.2		(38.9)
Increase in income taxes payable	10.4		7.8
Decrease in deferred income taxes	(13.9)		(1,027.8)
Increase in other long-term liabilities	2.5		0.2
Other	(0.4)		0.1
Net cash provided by operating activities	$	98.1	$	50.5

Non-cash investing activities:
Purchased property, plant and equipment	$	8.4	$	1.5
Purchased marketable securities and investments	$	6.3	$	13.2
Sold marketable securities and investments	$	—	$	2.0