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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities    
Net income (loss) $ (34.1) $ 8.5
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 23.6 25.8
(Gain) loss on disposition of discontinued operations 5.0 (11.4)
Deferred taxes 1.1 (5.5)
Impairments 0.1 82.1
(Gain) loss on sale of assets (0.4) (6.9)
Stock-based compensation expense 11.9 24.2
Inventory and other non-cash charges 16.0 39.6
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):    
Trade receivables 33.6 (66.0)
Inventories 129.0 (4.3)
Trade accounts payable (148.8) (124.9)
Other assets and liabilities (17.7) (12.3)
Foreign exchange and other operating activities, net (7.0) 2.8
Net cash provided by (used in) operating activities 12.3 (48.3)
Investing Activities    
Capital expenditures (42.1) (35.1)
Proceeds from disposition of investments 0.0 7.1
Proceeds from sale of capital assets 1.2 0.6
Proceeds (payments) from disposition of discontinued operations 6.3 2.2
Net cash provided by (used in) investing activities (34.6) (25.2)
Financing Activities    
Repayments of debt (173.0) (1,037.2)
Proceeds from issuance of debt 170.0 1,170.9
Share repurchases (55.8) (2.2)
Dividends paid (8.4) (15.7)
Other financing activities, net (11.7) (17.9)
Net cash provided by (used in) financing activities (78.9) 97.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents (9.0) (1.9)
Net Increase (Decrease) in Cash and Cash Equivalents (110.2) 22.5
Cash and Cash Equivalents at Beginning of Period 540.1 372.1
Cash and Cash Equivalents at End of Period $ 429.9 $ 394.6