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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
OPERATING ACTIVITIES    
Net earnings (loss) $ 15.9 $ (55.6)
Adjustments to reconcile net earnings (loss) to net cash used in operating activities:    
Depreciation and amortization 59.7 79.4
Impairment charges 5.1 65.9
Amortization of debt issuance costs and original issue discount 1.2 1.2
Stock-based compensation 5.1 5.9
Loss on the sale of a business 0.5 0.0
Gain on the sale of an investment 0.0 (4.1)
Gain on the sale or disposal of property, plant and equipment, net (4.7) (22.2)
Deferred income taxes 1.4 0.1
Changes in operating assets and liabilities - net of acquisitions and divestitures (134.2) (116.5)
Net cash used in operating activities (50.0) (45.9)
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (36.5) (45.7)
Cost investment in unconsolidated entities (0.3) (0.2)
Proceeds from the sale of property, plant and equipment 12.5 46.5
Proceeds from the sale of an investment 0.0 22.2
Acquisition of a business (16.3) 0.0
Other investing activities (2.7) (0.9)
Net cash provided by (used in) investing activities (43.3) 21.9
FINANCING ACTIVITIES    
Payments of current and long-term debt (19.6) (137.0)
Payments of finance lease obligations (0.9) (2.1)
Borrowings on revolving credit facilities 953.8 1,113.3
Payments on revolving credit facilities (862.8) (1,034.0)
Proceeds from issuance of long-term debt 20.0 52.8
Purchases of treasury stock (7.8) 0.0
Equity awards redeemed to pay employees’ tax obligations (3.6) (2.1)
Payment of cash dividends (10.9) (7.0)
Other financing activities 0.0 (0.2)
Net cash provided by (used in) financing activities 68.2 (16.3)
Effect of exchange rates on cash and cash equivalents 0.4 (0.1)
Net decrease in cash and cash equivalents, including cash classified as held for sale (24.7) (40.4)
Less: net decrease in cash classified as held for sale (1.7) 0.0
Net decrease in cash and cash equivalents (23.0) (40.4)
Cash and cash equivalents at beginning of period 29.2 52.9
Cash and cash equivalents at end of period $ 6.2 $ 12.5