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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net (loss) income $ (254.6) $ (16.4) $ (27.3) $ 39.9  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:          
Depreciation and amortization     289.7 357.3  
Non-cash lease expense     41.2 51.8  
Deferred income taxes     (299.6) (50.4)  
Provision for bad debts     (6.4) 26.0  
Provision for pension and other post-employment benefits     7.7 18.3  
Share-based compensation     22.3 16.5  
Gain on divestitures and sale of brand assets     0.0 (84.5)  
Loss on sale of business in discontinued operations     219.1 0.0  
Foreign exchange effects     31.7 5.4  
Other     38.7 20.4  
Change in operating assets and liabilities, net of effects from purchase of acquired companies and sale of business:          
Trade receivables     (178.6) 12.3  
Inventories     113.8 85.3  
Prepaid expenses and other current assets     (73.8) 3.5  
Accounts payable     (61.8) (118.9)  
Accrued expenses and other current liabilities     283.3 195.9  
Operating lease liabilities     (79.2) (53.7)  
Income and other taxes payable     98.0 (19.3)  
Other noncurrent assets     29.2 (29.2)  
Other noncurrent liabilities     24.7 (14.6)  
Net cash provided by operating activities     472.7 462.0  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Capital expenditures     (111.6) (145.0)  
Proceeds from sale of long term assets     2.1 0.0  
Proceeds from sale of business, net of cash disposed     27.0 25.6  
Proceeds from sale of discontinued business, net of cash disposed     2,386.2 0.0  
Return of capital from equity investments     448.0 0.0  
Termination of currency swaps designated as net investment hedges     (37.6) 0.0  
Net cash provided by (used in) investing activities     2,714.1 (119.4)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Net proceeds from (repayments of) short-term debt, original maturity less than three months     1.2    
Net proceeds from (repayments of) short-term debt, original maturity less than three months       (4.0)  
Proceeds from revolving loan facilities     1,376.2 1,448.5  
Repayments of revolving loan facilities     (2,426.1) (1,540.8)  
Repayments of term loans and other long-term debt     (2,113.7) (93.0)  
Dividend payment     (1.5) (130.4)  
Net proceeds from issuance of Class A Common Stock and Series A Preferred Stock     0.0 2.1  
Payments for purchases of Class A Common Stock held as Treasury Stock     0.0 (4.5)  
Proceeds from issuance of Convertible Series B Preferred Stock     227.2 0.0  
Net proceeds from foreign currency contracts     12.6 10.8  
Purchase of remaining mandatorily redeemable noncontrolling interest     0.0 (45.0)  
Distributions to noncontrolling interests, redeemable noncontrolling interests and mandatorily redeemable financial instruments     (6.3) (20.1)  
All other     (2.4) (4.3)  
Net cash used in financing activities     (2,932.8) (380.7)  
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH     (0.7) (2.8)  
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH     253.3 (40.9)  
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period     352.0 380.4 $ 380.4
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period $ 605.3 $ 339.5 605.3 339.5 $ 352.0
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:          
Cash paid during the period for interest     133.7 143.9  
Net cash (refunds)/payments for income taxes     (10.6) 78.0  
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:          
Accrued capital expenditure additions     40.3 79.9  
Non-cash Common Stock dividend     0.0 60.2  
Non-cash Preferred Stock dividend     $ 43.9 $ 0.0