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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income including noncontrolling interest $ 74.9 $ 60.5
Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities:    
Depreciation and amortization 43.1 38.4
Provision for bad debt 5.7 4.0
Share-based payment award compensation costs 7.7 6.4
Deferred income tax expense (benefit) 4.8 (1.0)
Foreign currency losses, net 2.1 (2.5)
Other (0.3) 0.4
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net (reduced by beneficial interests received in exchange for accounts receivables sold of $121.8 and $241.9 for the three and six months ended June 30, 2018, respectively.) (12.5) (499.7)
Inventories (40.4) (56.7)
Prepaid expenses (7.2) 2.1
Short-term derivative assets, net 167.6 (22.0)
Other current assets 8.9 (32.2)
Cash collateral with financial counterparties (38.0) 41.7
Other non-current assets 33.9 (32.8)
Accounts payable 70.0 301.0
Customer deposits 19.5 (12.2)
Accrued expenses and other current liabilities (143.7) (22.5)
Non-current income tax, net and other long-term liabilities (60.4) (1.4)
Total adjustments 60.8 (289.1)
Net cash provided by (used in) operating activities 135.8 (228.6)
Cash flows from investing activities:    
Cash receipts of retained beneficial interests in receivable sales 0.0 241.9
Acquisition of businesses, net of cash acquired 0.0 (21.0)
Capital expenditures (37.3) (28.9)
Other investing activities, net 3.8 7.6
Net cash (used in) provided by investing activities (33.6) 199.5
Cash flows from financing activities:    
Borrowings 3,197.6 2,875.0
Repayments of debt (3,218.6) (3,019.5)
Dividends paid on common stock (8.0) (8.1)
Repurchases of common stock (65.4) 0.0
Other financing activities, net (2.6) (2.1)
Net cash (used in) financing activities (97.1) (154.7)
Effect of exchange rate changes on cash and cash equivalents 1.2 (1.1)
Net increase (decrease) in cash and cash equivalents 6.3 (184.8)
Cash and cash equivalents, as of the beginning of the period 211.7 372.3
Cash and cash equivalents, as of the end of the period $ 218.1 $ 187.6