| Cash flows from operating activities: |
| Net income (loss) |
191.0 |
244.5 |
118.2 |
| Net income (loss) from discontinued operations, net of tax |
— |
1.6 |
2.1 |
| Net loss from continuing operations |
191.0 |
242.9 |
116.1 |
| Reconciliations of net (loss) income to net cash flows (used in) provided by operating activities: |
| Depreciation and amortization |
151.2 |
157.6 |
166.7 |
| Deferred income taxes |
(12.6) |
(39.2) |
(69.9) |
| Foreign exchange (gain) loss |
29.4 |
(24.4) |
(10.6) |
| Incentive stock compensation |
59.1 |
14.8 |
— |
| Net (gain) loss on divestitures |
(59.0) |
— |
— |
| Other, net |
9.2 |
22.9 |
131.6 |
| Changes in assets and liabilities, net of acquisitions: |
| Accounts receivable |
(57.6) |
(29.9) |
(6.8) |
| Inventories |
(39.1) |
7.8 |
(9.5) |
| Accounts payable |
27.4 |
(1.0) |
0.3 |
| Accrued expenses |
(0.3) |
33.0 |
9.9 |
| Prepaid expenses and other current assets |
(21.6) |
(4.2) |
1.9 |
| Other assets and liabilities |
12.7 |
(18.3) |
3.9 |
| Net cash flows used in operating activities of continuing operations |
289.8 |
362.0 |
333.6 |
| Cash flows from investing activities: |
| Capital expenditures |
(62.2) |
(68.4) |
(52.7) |
| Proceeds from disposal of property, plant and equipment |
1.5 |
— |
1.4 |
| Proceeds from divestitures (net of cash of $2.4 million) |
321.2 |
— |
— |
| Acquisition of business, net of cash acquired |
— |
(3.9) |
(214.8) |
| Other, net |
25.6 |
(1.5) |
15.9 |
| Net cash flows used in investing activities of continuing operations |
286.1 |
(73.8) |
(250.2) |
| Cash flows from financing activities: |
| Debt proceeds, net of discount and premium |
— |
1,040.1 |
1,297.1 |
| Repayments of borrowings |
(202.6) |
(1,152.6) |
(1,264.1) |
| Repurchases of common stock |
(25.0) |
— |
— |
| Dividends paid |
(77.8) |
(78.2) |
(77.4) |
| Payment of financing fees |
— |
(3.2) |
(6.3) |
| Other, net |
(15.0) |
(12.7) |
(8.0) |
| Net cash flows used in financing activities of continuing operations |
(320.4) |
(206.6) |
(58.7) |
| Cash flows from discontinued operations: |
| Net cash flows provided by operating activities of discontinued operations |
— |
1.6 |
2.2 |
| Effect of exchange rate changes on cash and cash equivalents |
11.6 |
(13.1) |
(3.2) |
| Net (decrease) increase in cash, cash equivalents and restricted cash |
267.1 |
70.1 |
23.7 |
| Cash, cash equivalents and restricted cash at beginning of period |
359.4 |
289.3 |
265.6 |
| Cash, cash equivalents and restricted cash at end of period |
626.5 |
359.4 |
289.3 |
| Supplemental disclosure information of continuing operations: |
| Cash paid for interest |
68.6 |
64.8 |
56.1 |
| Cash paid for income taxes |
98.8 |
87.2 |
73.7 |