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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities        
Net income (loss) $ (171.8) $ (12.7) $ (140.6)  
Adjustments to derive cash flows:        
Depreciation and amortization 325.9 359.5 338.6  
Impairment charges 88.9 90.0 0.0  
Share-based compensation 64.4 68.8 54.9  
Restructuring charges 99.9 41.1 42.5  
Settlement of interest rate derivatives 41.2 0.0 0.0  
Amortization of debt discount 8.9 2.3 (0.7)  
Gain (loss) on sale of business (6.4) 0.0 1.4  
Foreign currency remeasurement loss 0.0 0.0 39.4  
Gain on sale of assets (28.1) (4.1) (5.3)  
Dedesignation of interest rate swap agreements 14.4 0.0 0.0  
Deferred income taxes 9.8 (106.6) (50.5)  
Other non-cash adjustments, net (9.5) 25.7 7.6  
Subtotal 437.6 464.0 287.3  
(Decrease) increase in cash due to:        
Accounts receivable (11.1) (57.1) 0.1  
Inventories 13.7 19.4 (76.7)  
Prepaid expenses and other current assets 20.1 47.5 25.9  
Accounts payable 54.2 (65.9) 100.3  
Payroll and related taxes (94.4) (52.8) (38.2)  
Accrued customer programs (25.6) 23.2 11.2  
Other accrued liabilities (1.3) 6.6 10.1  
Accrued income taxes (31.8) (12.9) (47.9)  
Other operating, net 1.5 33.5 35.2  
Subtotal (74.7) (58.5) 20.0  
Net cash from operating activities 362.9 405.5 307.3  
Cash Flows From (For) Investing Activities        
Proceeds from royalty rights 5.2 19.8 3.3  
Acquisitions of businesses, net of cash acquired 0.0 0.0 (2,011.4)  
Asset (acquisitions) sales, net (13.3) 0.0 0.0  
Settlement of foreign currency derivatives (48.2) 0.0 61.7  
Proceeds from sale of assets 37.9 4.4 25.5  
Additions to property, plant and equipment (118.3) (101.7) (96.4)  
Net proceeds from sale of businesses 215.5 0.0 58.7  
Net cash from (for) investing activities 78.8 (77.5) (1,958.6)  
Cash Flows From (For) Financing Activities        
Issuances of long-term debt 1,091.2 295.1 1,587.3  
Payments on long-term debt (1,529.0) (325.3) (970.6)  
Premiums on early debt retirement 0.0 0.0 (12.2)  
Payments for debt issuance costs (4.7) 0.0 (20.9)  
Cash dividends (152.5) (149.7) (142.4)  
Other financing, net (16.0) (7.3) (19.6)  
Net cash from (for) financing activities (611.0) (187.2) 421.6  
Effect of exchange rate changes on cash and cash equivalents (23.2) 9.8 (48.9)  
Net increase (decrease) in cash and cash equivalents (192.5) 150.6 (1,278.6)  
Cash, cash equivalents and restricted cash of continuing operations, beginning of period 751.3 600.7 1,864.9  
Cash and cash equivalents held for sale, beginning of period   0.0 0.0 $ 14.4
Cash, cash equivalents and restricted cash of continuing operations, end of period 558.8 751.3 600.7  
Cash paid/received during the year for:        
Interest paid 251.4 276.9 217.0  
Interest received 75.0 100.8 58.2  
Income taxes paid 155.7 107.5 100.2  
Income taxes refunded $ 2.6 $ 10.7 $ 3.4