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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES        
Net income $ 14.7 $ (51.6) $ 31.3 $ (39.6)
Depreciation and amortization 25.7 26.8 51.2 53.7
Equity-based compensation expense 4.9 0.7 5.5 3.1
Deferred taxes (1.9) (21.4) (4.1) (21.8)
Defined benefit pension and other postretirement employee benefits 0.8 1.5 1.5 3.2
Amortization of deferred debt costs and debt retirement 0.7 0.5 1.3 0.9
Loss on sale or impairment associated with assets 4.6 37.1 4.6 37.1
(Increase) decrease in accounts receivable (11.3) (12.9) (21.8) 12.8
(Increase) decrease in inventory (5.8) 4.9 (10.0) (24.8)
Decrease in other current assets 4.2 4.5 4.2 4.4
Increase (Decrease) in Accounts Payable and Accrued Liabilities 40.6 24.8 54.5 18.6
Other, net 1.3 (0.6) 1.4 0.5
Net cash flows provided by operating activities 78.5 14.3 119.5 48.1
CASH FLOWS FROM INVESTING ACTIVITIES        
Additions to property, plant and equipment, net (5.4) (9.9) (13.2) (21.1)
Net cash flows used in investing activities (5.4) (9.9) (13.2) (21.1)
CASH FLOWS FROM FINANCING ACTIVITIES        
Repayments of long-term debt (35.1) (0.4) (55.5) (0.8)
Payment, Tax Withholding, Share-based Payment Arrangement (1.0) (0.1) (2.5) (1.7)
Payments for Repurchase of Common Stock 3.9 0.0 3.9 0.0
Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised 0.0 0.0 0.0 0.5
Net cash flows used in financing activities (40.0) (0.5) (61.9) (2.0)
Increase in cash, cash equivalents and restricted cash 33.1 3.8 44.4 25.0
Cash, cash equivalents and restricted cash at beginning of period 37.5 58.2 26.2 36.9
Cash, cash equivalents and restricted cash at end of period 70.6 62.0 70.6 62.0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:        
Cash paid for interest, net of amounts capitalized 1.2 2.6 16.9 18.7
Cash paid (received) for income taxes 12.5 (1.0) 12.5 (9.3)
Cash and cash equivalents 69.5 60.9 69.5 60.9
Restricted cash included in other assets, net 1.1 1.1 1.1 1.1
Total cash, cash equivalents and restricted cash 70.6 62.0 70.6 62.0
Net Cash Provided by (Used in) Operating Activities $ 78.5 $ 14.3 $ 119.5 $ 48.1