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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Statement of Cash Flows [Abstract]        
Net earnings $ 149.2 $ 110.1    
Adjustments to reconcile net earnings to net cash provided by operating activities        
Depreciation and amortization 45.3 45.5    
Share-based incentive compensation 17.3 11.1    
Profit sharing expense 8.6 5.8    
Loss on debt redemption and refinancing activities 0.7 0.0    
Provision for allowance for credit losses on trade receivables 1.8 0.7    
Provisions for inventory obsolescence 4.5 3.2    
Deferred taxes, net (2.3) 0.9    
Net loss (gain) on sale of business 0.4 (2.2)    
Impairment of equity investment 15.5 0.0   $ 0.0
Other non-cash items (3.1) 3.4    
Changes in operating assets and liabilities:        
Trade receivables, net (57.1) (56.0)    
Inventories, net (119.9) (70.9)    
Accounts payable 10.5 69.3    
Customer advance payments 1.7 2.6    
Income tax receivable/payable 30.2 44.4    
Other assets and liabilities (54.9) (88.0)    
Net cash provided by operating activities 48.4 79.9    
Cash flows from investing activities:        
Capital expenditures (67.0) (43.9)    
Proceeds related to sale of business and property and equipment, net 7.1 0.6    
Business acquired in purchase transactions, net of cash acquired (9.1) 0.0    
Payments associated with debt, equity and equity method investments (1.3) (6.0) $ (5.7)  
Settlement of foreign currency forward contracts 1.0 8.2    
Other investing activities 0.0 0.1    
Net cash used in investing activities (69.3) (41.0)    
Cash flows from financing activities:        
Net (payments) proceeds of short-term borrowings (0.1) 1.7    
Proceeds from long-term debt 0.8 0.0    
Payments of long-term debt 0.0 (2.8)    
Payments of debt modification/extinguishment costs (4.1) 0.0    
Dividends paid on common stock (31.1) (25.8)    
Impact of tax withholding on share-based compensation (24.8) (13.7)    
Repurchases of common stock (200.1) (177.1)    
Principal payments related to financing leases (2.7) (2.6)    
Net cash used in financing activities (262.1) (220.3)    
Effect of foreign currency exchange rate changes on cash and cash equivalents 0.2 2.7    
Cash and cash equivalents 561.0 548.7   548.7
Restricted cash and cash equivalents 0.0 0.0   0.0
Balance, beginning of period 561.0 548.7   548.7
Net change during the period (282.8) (178.7)    
Cash and cash equivalents 278.2 370.0    
Restricted cash and cash equivalents 0.0 0.0 $ 0.0 $ 0.0
Balance, end of period 278.2 370.0    
Supplemental Cash Flow Information:        
Interest payments, net of amounts capitalized 41.0 43.3    
Income tax payments (refunds), net 24.7 (1.6)    
Restructuring payments including associated costs 12.0 5.0    
Non-cash items:        
Transfers of shares of common stock from treasury for profit-sharing contributions $ 22.7 $ 28.0