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Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash provided (required) by operating activities of continuing operations:    
Net income (loss) $ 342,800,000 $ 386,400,000
Discontinued operations, net of income taxes 26,000,000.0 22,700,000
Income (loss) from continuing operations 368,800,000 409,100,000
Adjustments from income from continuing operations to cash provided (required) by operating activities of continuing operations:    
Depreciation and amortization 85,200,000 85,100,000
Restructuring and other charges (income) 89,900,000 19,500,000
Deferred income taxes (600,000) (2,900,000)
Pension and other postretirement benefits 10,600,000 12,300,000
Share-based compensation 13,100,000 9,700,000
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
Trade receivables, net (432,600,000) (282,900,000)
Guarantees of vendor financing (1,200,000) 29,400,000
Advance payments from customers (628,800,000) (344,300,000)
Accrued customer rebates 400,000,000.0 305,200,000
Inventories (235,800,000) (310,400,000)
Accounts payable, trade and other 38,800,000 207,500,000
Income taxes 19,700,000 (9,700,000)
Pension and other postretirement benefit contributions (2,300,000) (1,700,000)
Environmental spending, continuing, net of recoveries (10,800,000) (44,800,000)
Restructuring and other spending [1] (16,800,000) (17,000,000.0)
Transaction and integration costs (500,000) (5,800,000)
Change in other operating assets and liabilities, net [2] (98,600,000) (97,700,000)
Cash provided (required) by operating activities of continuing operations (401,900,000) (39,400,000)
Cash provided (required) by operating activities of discontinued operations:    
Environmental spending, discontinued, net of recoveries (14,700,000) (22,500,000)
Other discontinued spending (16,900,000) (9,900,000)
Cash provided (required) by operating activities of discontinued operations (31,600,000) (32,400,000)
Cash provided (required) by investing activities of continuing operations:    
Capital expenditures (73,700,000) (46,900,000)
Investment in Enterprise Resource Planning system 0 (12,700,000)
Acquisitions, including cost and equity method, net (500,000) (2,600,000)
Other investing activities 8,900,000 (19,000,000.0)
Cash provided (required) by investing activities of continuing operations (65,300,000) (81,200,000)
Cash provided (required) by financing activities of continuing operations:    
Increase (decrease) in short-term debt 721,500,000 546,800,000
Repayments of long-term debt (300,000) (2,600,000)
Financing fees (1,500,000) (1,700,000)
Issuances of common stock, net 8,300,000 5,600,000
Dividends paid [3] (133,700,000) (124,300,000)
Repurchases of common stock under publicly announced program 0 (100,000,000.0)
Other repurchases of common stock (8,600,000) (7,900,000)
Cash provided (required) by financing activities of continuing operations 585,700,000 315,900,000
Effect of exchange rate changes on cash and cash equivalents (12,200,000) (3,300,000)
Increase (decrease) in cash and cash equivalents 74,700,000 159,600,000
Cash and cash equivalents, beginning of period 516,800,000 568,900,000
Cash and cash equivalents, end of period $ 591,500,000 $ 728,500,000
[1] The restructuring and other spending amount for the six months ended June 30, 2022 and 2021 includes spending of $3.2 million and $0.8 million related to the Furadan® asset retirement obligations.
[2] Changes in all periods primarily represent timing of payments associated with all other operating assets and liabilities.
[3] See Note 14 regarding the quarterly cash dividend.