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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 operating activities:      
Net income $ 188.0 $ 203.7 $ 75.7
Income (loss) from discontinued operations, net of tax 1.8 0.3 (1.1)
Net income from continuing operations 186.2 203.4 76.8
Reconciliations of net income to net cash flows provided by operating activities:      
Depreciation and amortization 161.3 163.9 161.4
Deferred income taxes 15.1 (46.7) (53.0)
Foreign exchange loss (gain) 3.4 (6.9) 29.3
Incentive stock compensation 17.7 40.1 6.0
Other, net 11.4 18.0 61.3
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable 6.4 (48.7) (27.3)
Inventories (31.2) (46.5) 1.4
Accounts payable (0.1) 16.8 (5.3)
Accrued expenses (33.0) 42.6 26.1
Prepaid expenses and other current assets (26.6) (25.1) (9.6)
Other assets and liabilities (14.7) 15.1 8.9
Net cash flows provided by operating activities 295.9 326.0 276.0
Cash flows from investing activities:      
Capital expenditures (47.8) (46.3) (28.8)
Proceeds from disposal of property, plant and equipment 4.8 0.0 1.7
Acquisitions of businesses, net of cash acquired (22.6) (536.5) (9.0)
Other, net (9.6) 13.9 (3.8)
Net cash flows used in investing activities (75.2) (568.9) (39.9)
Cash flows from financing activities:      
Debt proceeds, net of discount 0.0 398.0 800.0
Repayments of borrowings (16.4) (10.0) (807.9)
Repurchases of common stock (151.0) (19.6) (55.7)
Dividends (78.4) (61.9) (12.4)
Payment of financing fees (1.9) (5.1) (46.2)
Other, net (27.9) (11.4) (1.4)
Net cash flows (used in) provided by financing activities (275.6) 290.0 (123.6)
Net cash flows provided by (used in) operating activities of discontinued operations 1.8 (3.5) (14.7)
Effect of exchange rate changes on cash and cash equivalents (11.4) (5.4) 4.0
Net (decrease) increase in cash and cash equivalents (64.5) 38.2 101.8
Cash and cash equivalents at beginning of period 330.1 291.9 190.1
Cash and cash equivalents at end of period 265.6 330.1 291.9
Continuing Operations      
Supplemental cash flow information:      
Cash paid for interest 46.9 50.6 51.8
Cash paid for income taxes 66.5 71.2 66.5
Discontinued Operations      
Supplemental cash flow information:      
Cash paid for income taxes $ 0.0 $ 3.1 $ 14.0