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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ 160.6 $ (1,012.4)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 101.6 103.4
Amortization of intangible assets 142.9 149.7
Amortization of deferred financing costs 2.1 2.0
Fixed asset impairment 33.4 0.0
Goodwill impairment 0.0 1,085.8
Indefinite-lived intangible asset impairment 5.3 179.2
Definite-lived intangible asset impairment 3.8 0.0
Deferred income taxes (39.9) (97.9)
Stock based compensation expense 49.8 15.1
Restructuring and other costs - non-cash 15.2 19.2
Other non-cash income (12.4) (2.0)
Loss on disposal of property, plant and equipment 2.9 2.7
Gain on divestiture of noncontrolling interest (8.7) 0.0
Gain on sale of business or product line 14.0 0.0
Gain on sale of equity security 0.0 (44.1)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts and notes receivable-trade, net (20.7) 25.1
Inventories, net (48.4) (83.3)
Prepaid expenses and other current assets, net (3.6) (47.3)
Other noncurrent assets, net (14.4) (10.3)
Accounts payable (30.5) 10.1
Accrued liabilities (35.5) (7.1)
Income taxes 11.4 13.2
Other noncurrent liabilities 4.6 (3.5)
Net cash provided by operating activities 333.5 297.6
Cash flows from investing activities:    
Capital expenditures (86.9) (130.6)
Cash paid for acquisitions of businesses and equity investments, net of cash acquired (3.3) (130.5)
Cash received from sale of business or product line 11.6 0.0
Cash received on derivatives contracts 34.5 3.7
Cash paid on derivatives contracts 0.0 (2.4)
Expenditures for identifiable intangible assets 0.0 (5.5)
Purchase of short-term investments 0.0 (0.1)
Liquidation of short-term investments 0.1 0.0
Proceeds from sale of equity security 0.0 54.1
Proceeds from sale of property, plant and equipment, net 4.3 6.3
Net cash used in investing activities (39.7) (205.0)
Cash flows from financing activities:    
Repayments on short-term borrowings, net (67.4) 124.3
Cash paid for treasury stock (160.0) (250.2)
Cash dividends paid (58.7) (59.1)
Proceeds from long-term borrowings, net of deferred financing costs 118.9 0.3
Repayments on long-term borrowings (251.2) (9.3)
Proceeds from exercised stock options 78.8 22.8
Cash paid for contingent consideration on prior acquisitions (30.7) 0.0
Net cash used in financing activities (370.3) (171.2)
Effect of exchange rate changes on cash and cash equivalents (7.0) (8.9)
Net decrease in cash and cash equivalents (83.5) (87.5)
Cash and cash equivalents at beginning of period 309.6 320.6
Cash and cash equivalents at end of period $ 226.1 $ 233.1