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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Operating activities:    
Net income $ 26.1 $ 47.8
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20.0 22.1
Amortization of debt issuance costs 0.2 0.1
Share-based compensation expense 0.6 2.3
Change in uncertain tax positions (0.2) 0.3
Gain on disposal of property, plant and equipment (14.8) (27.5)
Deferred income taxes 1.5 (3.9)
Other, net 2.3 1.6
Changes in operating assets and liabilities    
Receivables (52.9) (50.6)
Inventories 23.3 17.4
Prepaid expenses and other current assets 1.7 (2.3)
Accounts payable and accrued expenses 13.9 1.0
Other assets and liabilities (3.0) 7.2
Net cash provided by operating activities 18.7 15.5
Investing activities:    
Capital expenditures (12.7) (10.0)
Proceeds from sales of property, plant and equipment 20.1 90.7
Investments in and advances to unconsolidated companies (3.5) (1.1)
Net cash provided by investing activities 3.9 79.6
Financing activities:    
Proceeds from debt 79.3 143.4
Payments on debt (79.3) (210.5)
     Distributions to noncontrolling interests 0.0 (0.3)
Share-based awards settled in cash for taxes (0.8) (0.5)
Dividends paid (11.9) (7.2)
Payment of deferred financing costs (2.1) 0.0
Other financing activities (1.2) (0.8)
Net cash used in financing activities (16.0) (75.9)
Effect of exchange rate changes on cash 1.8 (0.7)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 8.4 18.5
Cash and cash equivalents, beginning 33.8 17.2
Cash and cash equivalents, ending 42.2 35.7
Supplemental cash flow information:    
Cash paid for interest 5.4 7.3
Cash paid for income taxes 3.8 4.1
Non-cash financing and investing activities:    
Right-of-use assets obtained in exchange for new operating lease obligations 1.9 19.3
Dividends on restricted stock units 0.4 0.3
Non-cash conversion of note receivable in exchange for investment in unconsolidated company $ 0.7 $ 0.0