v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Operating activities:        
Net income attributable to common shareholders $ 193.5 $ 136.4    
Less: Income from discontinued operations, net of tax 34.9 11.3    
Net income from continuing operations attributable to common shareholders 158.6 125.1    
Depreciation and amortization 25.6 24.7    
Stock-based compensation expense 19.9 13.3    
Defined benefit plans and postretirement cost 4.1 1.6    
Deferred income taxes 0.0 (3.1)    
Cash used for operating working capital (140.9) (171.2)    
Defined benefit plans and postretirement contributions (6.2) (6.0)    
Environmental payments, net of reimbursements (1.7) (2.8)    
Other (0.6) (1.2)    
Total provided by (used for) operating activities from continuing operations 58.8 (19.6)    
Investing activities:        
Payment for acquisitions - net of cash acquired and working capital adjustments (0.2) (166.3)    
Capital expenditures (30.3) (14.7)    
Other investing activities 0.2 5.7    
Total used for investing activities from continuing operations (30.3) (175.3)    
Financing activities:        
Dividends paid (26.4) (23.4)    
Net payments related to employee stock plans (8.9) (5.1)    
Proceeds from debt 0.0 190.0    
Repayments of debt (200.0) (61.9)    
Total (used for) provided by financing activities from continuing and discontinued operations (235.3) 99.6    
Discontinued Operations:        
Total provided by operating activities 0.0 1.7    
Total provided by (used for) investing activities(a) 213.6 (1.8)    
Increase (decrease) in cash and cash equivalents from discontinued operations 213.6 (0.1)    
Effect of exchange rates on cash and cash equivalents 18.7 (4.9)    
Increase (decrease) in cash and cash equivalents 25.5 (100.3)    
Cash and cash equivalents of continuing operations at end of period 332.2 229.3 $ 306.7 $ 329.6
Detail of cash used for operating working capital from continuing operations:        
Accounts receivable (35.2) (51.3)    
Inventories (13.0) (21.7)    
Other current assets 36.8 (11.7)    
Accounts payable (36.5) (21.6)    
Accrued liabilities (83.5) (41.7)    
U.S. and foreign taxes on income (9.5) (23.2)    
Total (140.9) (171.2)    
Supplemental disclosure of cash flow information:        
Interest paid 7.6 12.8    
Income taxes paid $ 56.2 $ 60.6