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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
OPERATING ACTIVITIES OF CONTINUING OPERATIONS    
Net income $ 22.8 $ 78.9
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:    
Income from discontinued operations, net of taxes (11.4) (13.9)
Taxes related to sale of discontinued operations (3.3) 0.0
Depreciation 18.4 19.4
Amortization 52.7 58.5
Goodwill impairment 60.8 0.0
Deferred income taxes (1.6) (1.9)
Stock-based compensation 7.9 4.6
Other non-cash adjustments 3.9 4.9
Change in assets and liabilities, net of effects of divestiture of businesses:    
Accounts receivable, net 16.9 (17.0)
Inventories 5.4 (19.2)
Accounts payable (9.6) 2.7
Other current assets and liabilities 2.7 (13.2)
Other non-current assets and liabilities (10.8) 7.8
Net cash provided by operating activities of continuing operations 154.8 111.6
INVESTING ACTIVITIES OF CONTINUING OPERATIONS    
Purchases of property, plant and equipment (20.7) (10.2)
Proceeds from sale of businesses, net 25.7 0.6
Purchase of short-term investments (35.8) 0.0
Redemption of short-term investments 35.0 0.0
Receipts from settlements of derivative contracts 0.0 27.4
Other 0.5 2.9
Net cash provided by investing activities of continuing operations 4.7 20.7
FINANCING ACTIVITIES OF CONTINUING OPERATIONS    
Proceeds from debt 0.0 60.5
Repayments of debt (143.1) (304.2)
Dividends paid (18.3) (17.6)
Other (1.4) (7.8)
Net cash used in financing activities of continuing operations (162.8) (269.1)
CASH FLOWS OF DISCONTINUED OPERATIONS    
Operating cash flows (0.6) 8.8
Investing cash flows 0.0 (4.3)
Net cash provided by (used by) discontinued operations (0.6) 4.5
Effect of exchange rate changes on cash and cash equivalents (0.7) (39.6)
Net decrease in cash and cash equivalents (4.6) (171.9)
Cash and cash equivalents at beginning of period 334.4 338.1
Cash and cash equivalents at end of period 329.8 166.2
Cash paid during the period for:    
Interest 29.2 15.8
Income taxes, net of refunds 10.8 35.8
Non-cash investing and financing activities:    
Non-cash acquisitions of property, plant, and equipment $ 0.1 $ 0.2