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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES OF CONTINUING OPERATIONS      
Net income (loss) $ 18.3 $ 202.3 $ 178.3
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:      
Income from discontinued operations, net of taxes (11.4) (198.4) (121.0)
Taxes related to sale of discontinued operations (3.3) (25.8) 0.0
Depreciation 24.5 25.5 18.2
Amortization 70.0 77.6 45.6
Goodwill impairment 60.8 65.2 0.0
Loss (gain) on sale of businesses (0.1) 0.6 (17.6)
Deferred income taxes (7.7) (14.0) (5.5)
Stock-based compensation 9.8 6.5 5.0
Other non-cash adjustments 4.7 6.2 1.8
Change in assets and liabilities, net of effects of acquisitions and divestitures of businesses:      
Accounts receivable, net 21.6 (0.1) (16.9)
Inventories 10.3 (18.0) (5.4)
Accounts payable (5.2) 1.5 9.9
Income taxes, net 24.2 (14.6) 17.7
Other current assets and liabilities (5.8) (22.5) 13.6
Other non-current assets and liabilities (2.3) 14.1 0.4
Net cash provided by operating activities of continuing operations 208.4 106.1 124.1
INVESTING ACTIVITIES OF CONTINUING OPERATIONS      
Purchases of property, plant and equipment (33.9) (29.4) (14.9)
Proceeds from sale of businesses 25.9 301.9 224.3
Payments for acquisitions, net of cash acquired 0.0 (31.2) (856.8)
Receipt from settlement of derivative contract 0.0 27.4 0.0
Purchase of short-term investments (35.8) 0.0 0.0
Redemption of short-term investments 35.8 0.0 0.0
Other 0.6 (0.1) 0.0
Net cash provided by (used in) investing activities of continuing operations (7.4) 268.6 (647.4)
FINANCING ACTIVITIES OF CONTINUING OPERATIONS      
Proceeds from debt 0.0 61.0 715.0
Repayments of debt, including premiums to par value (145.1) (398.0) (79.0)
Issuance of common stock 0.0 0.0 10.0
Dividends paid (24.3) (23.4) (22.4)
Other (1.5) (7.6) (5.4)
Net cash provided by (used in) financing activities of continuing operations (170.9) (368.0) 618.2
CASH FLOWS OF DISCONTINUED OPERATIONS      
Operating cash flows (0.6) 21.3 17.9
Investing cash flows 0.0 (5.1) (3.8)
Net cash provided by (used in) discontinued operations (0.6) 16.2 14.1
Effect of exchange rate changes on cash and cash equivalents 5.9 (26.6) (0.4)
Net increase (decrease) in cash and cash equivalents 35.4 (3.7) 108.6
Cash and cash equivalents at beginning of year 334.4 338.1 229.5
Cash and cash equivalents at end of year 369.8 334.4 338.1
Cash paid during the year for:      
Interest 43.3 31.5 14.9
Income taxes, net of refunds received 17.2 80.8 6.4
Non-cash investing and financing activities      
Non-cash acquisitions of property, plant and equipment $ 0.2 $ 0.7 $ 0.7