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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 98.6 $ 94.0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation of property, plant and equipment and amortization of intangible assets and right of use assets 80.8 79.9
Amortization of debt issuance costs 2.0 1.4
Share-based compensation 8.3 5.0
Deferred tax provision 5.5 2.8
Foreign currency transactions 3.2 (13.8)
Reclassification of actuarial gain from AOCI (6.7) 0.0
Other operating non-cash items, net (0.7) (0.7)
Changes in operating assets and liabilities, net:    
Trade receivables 98.1 (149.2)
Inventories (6.3) (65.3)
Trade payables (3.8) 20.0
Other provisions 0.2 (2.0)
Income tax liabilities 2.5 13.6
Other assets and liabilities, net (8.0) (2.4)
Net cash provided by (used in) operating activities 273.7 (16.7)
Cash flows from investing activities:    
Acquisition of property, plant and equipment (111.0) (167.1)
Net cash used in investing activities (111.0) (167.1)
Cash flows from financing activities:    
Proceeds from long-term debt borrowings 12.6 35.3
Repayments of long-term debt (2.3) (2.3)
Payments for debt issue costs (0.2) (1.5)
Cash inflows related to current financial liabilities 103.2 201.6
Cash outflows related to current financial liabilities (215.6) (61.7)
Dividends paid to shareholders (3.7) (3.8)
Repurchase of common stock under Stock Repurchase Program (58.9) (0.2)
Net cash provided by (used in) financing activities (164.9) 167.4
Decrease in cash, cash equivalents and restricted cash (2.2) (16.4)
Cash, cash equivalents and restricted cash at the beginning of the period 63.4 68.5
Effect of exchange rate changes on cash (0.6) (5.5)
Cash, cash equivalents and restricted cash at the end of the period 60.6 46.6
Less restricted cash at the end of the period 1.5 3.5
Cash and cash equivalents at the end of the period $ 59.1 $ 43.1