XML 16 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES              
Net income (loss) $ 2.7 $ (6.3) $ (25.8) $ 17.2 $ (3.6) $ (8.6)  
Depreciation and amortization         45.0 54.1  
Equity-based compensation expense 2.5   4.7   3.5 8.1  
Deferred Income Taxes and Tax Credits         (0.6) (5.1)  
Defined benefit pension and other postretirement employee benefits         (0.2) (1.7)  
Amortization of Debt Issuance Costs and Discounts         1.1 1.1  
Gain (Loss) on Disposition of Assets         (3.1) (0.8)  
(Increase) decrease in accounts receivable         22.6 (57.8)  
(Increase) decrease in inventories         (25.3) 1.0  
Decrease in other current assets         4.2 0.0  
Increase (decrease) in accounts payable and accrued liabilities         (76.4) 89.9  
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Other Item         (0.1) (1.5)  
Net cash flows provided by (used in) operating activities         (26.7) 80.3  
CASH FLOWS FROM INVESTING ACTIVITIES              
Additions to property, plant and equipment, net 1         (55.6) (36.6)  
Payments to Acquire Businesses, Gross         0.0 (708.2)  
Net cash flows used in investing activities         (55.6) (744.8)  
CASH FLOWS FROM FINANCING ACTIVITIES              
Proceeds from Issuance of Long-Term Debt         65.0 723.5  
Repayments of Long-term Debt         (18.3) (50.5)  
Payments for Repurchase of Common Stock         (15.1) (3.5)  
Payments of Debt Issuance Costs         0.0 (4.5)  
Proceeds from (Payment for) Other Financing Activity         17.8 (2.9)  
Net cash flows provided by financing activities         49.3 662.1  
Decrease in cash and cash equivalents         (33.0) (2.4)  
Cash and cash equivalents at beginning of period   $ 79.6   $ 42.0 79.6 42.0 $ 42.0
Cash and cash equivalents at end of period $ 46.7   $ 39.6   46.7 39.6 79.6
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:              
Cash paid for interest, net of amounts capitalized         7.3 17.8  
Income Taxes Paid         57.4 15.4  
Capital Expenditures Incurred but Not yet Paid         $ 15.5 [1] $ 35.1 [1] $ 25.8
[1] Capital expenditures of $15.5 million and $35.1 million that have not been paid as of June 30, 2025 and 2024 were excluded from the Statements of Cash Flows.