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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net income $ 121.5 $ 33.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 96.7 91.9
Cloud-based enterprise resource planning system impairment 0.0 71.6
Share-based compensation expense 4.1 4.6
Increase in accounts receivable (124.8) (102.9)
Increase in inventories (80.5) (20.8)
Increase in accounts payable 69.0 1.4
(Decrease) increase in restructuring obligations (11.1) 3.2
Decrease in incentive accruals (2.3) (40.6)
Environmental insurance recovery 0.0 34.0
Accrued expenses and other assets and liabilities, net (13.3) (14.3)
Net cash provided by operating activities 59.3 61.7
Investing activities    
Capital expenditures (41.3) (39.5)
Net cash used in investing activities (41.3) (39.5)
Financing activities    
Cash dividends paid (50.4) (49.4)
Payments on long-term borrowings (50.0) (50.2)
Other financing activities (2.6) (6.8)
Net cash used in financing activities (103.0) (106.4)
Effect of exchange rate changes on cash 0.1 14.2
Decrease in cash and cash equivalents (84.9) (70.0)
Cash and cash equivalents at beginning of year 510.5 544.5
Cash and cash equivalents at end of period $ 425.6 $ 474.5