v3.26.3
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating Activities    
Net (loss) income $ (81.9) $ 42.1
Adjustments to reconcile net (loss) income to net cash and cash equivalents provided by (used for) operating activities:    
Depreciation and amortization 353.7 395.9
Losses of non-consolidated affiliates 3.3 2.4
Stock-based compensation 16.8 15.6
Deferred income taxes (5.6) (54.1)
Qualified pension plan contributions (0.9) (0.6)
Qualified pension plan income (8.2) (13.5)
Change in assets and liabilities:    
Receivables (133.4) (33.1)
Income taxes receivable/payable 3.6 (196.0)
Inventories (81.0) (100.1)
Other current assets 14.2 (7.4)
Accounts payable and accrued liabilities 5.6 71.7
Other assets (9.8) 6.6
Other noncurrent liabilities (3.9) 25.2
Other operating activities (2.8) (1.7)
Net operating activities 69.7 153.0
Investing Activities    
Capital expenditures (106.6) (163.5)
Business acquired in purchase transaction, net of cash acquired 0.0 (55.8)
Investments in non-consolidated affiliates (1.9) (1.6)
Other investing activities (1.2) (4.7)
Net investing activities (109.7) (225.6)
Long-term debt:    
Borrowings 689.6 2,485.0
Repayments (504.3) (2,329.2)
Common stock repurchased and retired 0.0 (40.4)
Stock options exercised 3.0 2.1
Dividends paid (68.3) (68.8)
Distributions to noncontrolling interests (31.3) 0.0
Debt issuance costs (2.1) (12.0)
Net financing activities 86.6 36.7
Effect of exchange rate changes on cash and cash equivalents 0.6 0.6
Net increase (decrease) in cash and cash equivalents 47.2 (35.3)
Cash and cash equivalents, beginning of year 167.6 175.6
Cash and cash equivalents, end of period 214.8 140.3
Cash paid for interest and income taxes:    
Interest, net 129.4 137.1
Income taxes, net of refunds 4.6 168.3
Non-cash investing activities:    
Decrease (increase) in capital expenditures included in accounts payable and accrued liabilities $ (14.7) $ 29.3