Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
Income |
51.90 |
5.20 |
-88.50 |
7.80 |
-81.80 |
Depreciation & amortization |
377.80 |
283.30 |
190.00 |
93.00 |
377.20 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Other non-cash charges
|
- |
- |
- |
- |
- |
Asset Impairment Charges |
1.70 |
- |
- |
- |
4.70 |
Accounting changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-91.20 |
-112.90 |
-102.70 |
-94.70 |
-35.00 |
Minority interests |
- |
- |
- |
- |
- |
Sale of Assets |
- |
- |
- |
- |
- |
Employee Benefits and Share-based Compensation |
30.80 |
- |
- |
- |
33.50 |
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions |
-34.20 |
-35.90 |
-15.40 |
-14.20 |
-31.90 |
Gains (Losses) on Extinguishment of Debt |
- |
- |
- |
- |
29.80 |
Increase Decrease In Trade Receivables |
- |
- |
- |
- |
- |
Increase Decrease In Income Taxes Net |
- |
- |
- |
27.70 |
27.70 |
Payment Of Contingent Consideration Operating |
89.40 |
57.60 |
14.30 |
-108.00 |
-149.50 |
Income taxes |
-19.90 |
46.00 |
18.70 |
12.80 |
-68.40 |
Unrealized Gain (Loss) on Derivatives |
29.60 |
- |
- |
- |
54.00 |
Increase (Decrease) in Receivables |
-227.70 |
-587.60 |
-478.10 |
-392.10 |
-160.20 |
Increase (Decrease) in Accounts Payable |
62.50 |
275.70 |
222.80 |
123.30 |
52.10 |
Increase (Decrease) in Pension and Postretirement Obligations |
- |
- |
- |
- |
- |
Increase (Decrease) in Billing in Excess of Cost of Earnings |
- |
- |
- |
- |
- |
Prepaid expenses |
- |
- |
- |
- |
- |
Other Working Capital |
150.00 |
-3.40 |
-46.30 |
-154.40 |
-59.40 |
Other Noncash Income (Expense) |
40.70 |
32.10 |
11.90 |
18.00 |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
0.00 |
0.00 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
45.30 |
Net Cash flow from
Operating Activities |
693.00 |
-8.10 |
-230.00 |
-386.20 |
352.10 |
Capital Expenditures |
-225.20 |
-153.70 |
-110.10 |
-57.30 |
-157.90 |
Sale of Capital Items |
84.70 |
75.30 |
20.90 |
- |
318.70 |
Proceeds from Sale and Maturity of Held-to-maturity Securities |
- |
- |
- |
- |
9.70 |
Payments to Acquire Held-to-maturity Securities |
- |
- |
- |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Proceeds from Sale of Investment Projects |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
- |
- |
- |
- |
- |
Proceeds from Collection of Advance to Affiliate |
- |
- |
- |
- |
12.50 |
Proceeds from Divestiture of Businesses, Net of Cash Divested |
- |
- |
- |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Notes receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
14.90 |
14.90 |
9.80 |
4.50 |
-20.80 |
Other Net |
- |
0.00 |
0.00 |
- |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-125.60 |
-63.50 |
-79.40 |
-52.80 |
162.20 |
Short-term debt Net |
-341.60 |
-68.30 |
-6.20 |
-22.10 |
-200.40 |
Other borrowing transactions |
-46.80 |
- |
- |
- |
-80.50 |
Long-term debt - borrowings |
- |
- |
- |
- |
60.90 |
Long-term debt - repayments |
- |
- |
- |
- |
-451.70 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-205.10 |
-150.10 |
-100.00 |
-50.00 |
-100.20 |
Exercise of stock options |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-19.50 |
-36.50 |
-35.60 |
-15.40 |
-24.80 |
Payment Of Contingent Consideration Financing |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-43.50 |
-21.80 |
- |
- |
- |
Net Cash flow from
Financing Activities |
-656.50 |
-276.70 |
-141.80 |
-87.50 |
-796.70 |
Effect of exchange rate on cash flow |
-16.30 |
-17.90 |
-20.70 |
-8.30 |
12.10 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
552.50 |
-86.50 |
-319.20 |
-443.50 |
512.90 |
Total Cash Flow |
-105.40 |
-366.20 |
-471.90 |
-534.80 |
-270.30 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
1,057.10 |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
150.70 |
- |
- |
- |
189.20 |