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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income (loss) including noncontrolling interest $ 109.6 $ 181.1 $ 129.0
Adjustments to reconcile net income including noncontrolling interest to net cash provided by operating activities:      
Depreciation and amortization 85.8 87.4 81.5
Provision for bad debt 63.7 25.9 25.1
Share-based payment award compensation costs (0.9) 23.6 8.3
Deferred income tax expense (benefit) (14.4) 3.3 (3.2)
Restructuring charges 0.3 12.6 0.0
Foreign currency (gains) losses, net 0.6 10.8 8.7
Gain on sale of business (80.0) (13.9) 0.0
Other 1.9 (1.8) (3.3)
Changes in assets and liabilities, net of acquisitions and divestitures:      
Accounts receivable, net (reduced by beneficial interests received in exchange for accounts receivables sold of $369.8 for the year ended December 31, 2018) 1,300.3 (164.1) (445.2)
Inventories 251.0 (61.3) (11.8)
Prepaid expenses 28.1 (17.8) (5.3)
Short-term derivative assets, net (6.9) 132.0 (151.3)
Other current assets 63.2 (52.8) (53.1)
Cash collateral with counterparties 44.2 (42.7) 29.2
Other non-current assets (8.7) 33.6 (61.5)
Accounts payable (1,223.9) 143.7 171.3
Customer deposits 23.6 8.1 11.8
Accrued expenses and other current liabilities (87.6) (91.9) 72.5
Non-current income tax, net and other long-term liabilities 54.3 12.8 14.8
Total adjustments 494.5 47.7 (311.5)
Net cash provided by (used in) operating activities 604.1 228.8 (182.5)
Cash flows from investing activities:      
Cash receipts of retained beneficial interests in receivable sales 0.0 0.0 369.8
Acquisition of business, net of cash acquired (128.6) 0.0 (21.3)
Proceeds from sale of business, net of divested cash 259.6 30.8 0.0
Capital expenditures (51.3) (80.9) (72.3)
Other investing activities, net (6.9) (0.4) 9.8
Net cash provided by (used in) investing activities 72.8 (50.5) 286.0
Cash flows from financing activities:      
Borrowings of debt 2,095.4 5,001.7 6,188.4
Repayments of debt (2,207.4) (5,080.2) (6,407.3)
Dividends paid on common stock (25.6) (21.1) (16.2)
Repurchases of common stock (68.3) (65.4) (20.0)
Other financing activities, net [1] (7.1) (39.9) (2.1)
Net cash provided by (used in) financing activities (213.0) (204.9) (257.1)
Effect of exchange rate changes on cash and cash equivalents 8.8 1.0 (7.0)
Net increase (decrease) in cash and cash equivalents 472.7 (25.6) (160.6)
Cash and cash equivalents, as of the beginning of the period 186.1 211.7 372.3
Cash and cash equivalents, as of the end of the period 658.8 186.1 211.7
Supplemental Disclosures of Cash Flow Information Cash paid during the year for:      
Interest, net of capitalized interest 45.1 77.0 73.8
Income taxes $ 68.5 $ 82.9 $ 85.3
[1] 2019 includes $32.7 million cash paid for the acquisition of 30% non-controlling interest of a consolidated subsidiary, Avinode Group AB.