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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net income (loss) $ 142.1 $ (30.8)
Adjustment to reconcile net income (loss) to cash provided by operating activities:    
Depreciation and amortization 155.4 163.2
Amortization of deferred financing costs and original issue discount 4.2 4.1
Debt extinguishment and refinancing related costs 0.2 2.4
Deferred income taxes 5.2 (61.2)
Realized and unrealized foreign exchange losses, net 9.4 2.8
Stock-based compensation 7.8 11.2
Divestiture and impairment charges 0.0 3.2
Interest income on swaps designated as net investment hedges (7.1) (7.3)
Other non-cash, net 9.2 8.3
Changes in operating assets and liabilities:    
Trade accounts and notes receivable (154.2) 136.8
Inventories (59.1) 32.5
Prepaid expenses and other assets (53.4) (60.3)
Accounts payable 60.0 (131.0)
Other accrued liabilities 24.5 (87.9)
Other liabilities 2.9 11.5
Cash provided by (used for) operating activities 147.1 (2.5)
Investing activities:    
Acquisitions, net of cash acquired (37.6) 0.0
Purchase of property, plant and equipment (60.3) (42.4)
Interest proceeds on swaps designated as net investment hedges 7.1 7.3
Other investing activities, net (0.5) 0.8
Cash used for investing activities (91.3) (34.3)
Financing activities:    
Proceeds from long-term borrowings 0.0 500.0
Payments on short-term borrowings (41.1) (18.6)
Payments on long-term borrowings (14.2) (313.1)
Financing-related costs (2.5) (6.0)
Purchases of common stock (123.7) (0.9)
Net cash flows associated with stock-based awards 12.8 0.3
Purchase of noncontrolling interests 0.0 (1.6)
Other financing activities, net (1.2) (1.0)
Cash (used for) provided by financing activities (169.9) 159.1
(Decrease) increase in cash (114.1) 122.3
Effect of exchange rate changes on cash (8.4) (16.3)
Cash at beginning of period 1,364.0 1,020.5
Cash at end of period 1,241.5 1,126.5
Cash at end of period reconciliation:    
Cash and cash equivalents 1,230.9 1,123.6
Restricted cash 10.6 2.9
Cash at end of period $ 1,241.5 $ 1,126.5