Cash Flow
($ amounts in millions unless otherwise noted) Year Ended December 31
2022 2021 2020
Cash flows from operating activities:
Net income (loss) 188.0 203.7 75.7
Net income (loss) from discontinued operations, net of tax 1.8 0.3 (1.1)
Net loss from continuing operations 186.2 203.4 76.8
Reconciliations of net (loss) income to net cash flows (used in) provided by operating activities:
Depreciation and amortization 161.3 163.9 161.4
Deferred income taxes 15.1 (46.7) (53.0)
Foreign exchange (gain) loss 3.4 (6.9) 29.3
Other, net 29.1 58.1 67.3
Changes in assets and liabilities, net of acquisitions:
Accounts receivable 6.4 (48.7) (27.3)
Inventories (31.2) (46.5) 1.4
Accounts payable (0.1) 16.8 (5.3)
Accrued expenses (33.0) 42.6 26.1
Prepaid expenses and other current assets (26.6) (25.1) (9.6)
Other assets and liabilities (14.7) 15.1 8.9
Net cash flows used in operating activities of continuing operations 295.9 326.0 276.0
Cash flows from investing activities:
Capital expenditures (47.8) (46.3) (28.8)
Proceeds from disposal of property, plant and equipment 4.8 1.7
Proceeds from the Arysta Sale (net of cash $148.7 million)
Proceeds from the sale of equity investment
Acquisition of business, net of cash acquired (22.6) (536.5) (9.0)
Other, net (9.6) 13.9 (3.8)
Net cash flows used in investing activities of continuing operations (75.2) (568.9) (39.9)
Cash flows from financing activities:
Debt proceeds, net of discount and premium 398.0 800.0
Repayments of borrowings (16.4) (10.0) (807.9)
Change in lines of credit, net
Repurchases of common stock (151.0) (19.6) (55.7)
Dividends paid (78.4) (61.9) (12.4)
Payment of financing fees (1.9) (5.1) (46.2)
Other, net (0.9) (11.4) (1.4)
Net cash flows used in financing activities of continuing operations (64.0) 290.0 (123.6)
Cash flows from discontinued operations:
Net cash flows (used in) provided by operating activities of discontinued operations 1.8 (3.5) (14.7)
Net cash flows used in investing activities of discontinued operations
Net cash flows provided by (used in) financing activities of discontinued operations
Net cash flows (used in) provided by discontinued operations 1.8 (3.5) (14.7)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (11.4) (5.4) 4.0
Net (decrease) increase in cash, cash equivalents and restricted cash (64.5) 38.2 101.8
Cash, cash equivalents and restricted cash at beginning of period 330.1 291.9 190.1
Cash, cash equivalents and restricted cash at end of period 265.6 330.1 291.9
Supplemental disclosure information of continuing operations:
Cash paid for interest 46.9 50.6 51.8
Cash paid for income taxes 66.5 71.2 66.5

Note: This selected data is for information only. For complete consolidated financial statements and important risks that may affect actual results, see SEC Filings.