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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Cash Flows [Abstract]    
Net earnings $ 61.9 $ 149.2
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 55.9 45.3
Share-based incentive compensation 17.6 17.3
Profit sharing expense 6.8 8.6
Loss on debt redemption and refinancing activities 4.9 0.7
Provision for allowance for credit losses on trade receivables 2.2 1.8
Provisions for inventory obsolescence 5.4 4.5
Deferred taxes, net (2.8) (2.3)
Net loss on sale of business 1.0 0.4
Impairment loss on equity investments 0.0 15.5
Other non-cash items 11.6 (3.1)
Changes in operating assets and liabilities:    
Trade receivables, net 30.1 (57.1)
Inventories, net (32.0) (119.9)
Accounts payable (62.8) 10.5
Customer advance payments 4.7 1.7
Income tax receivable/payable 12.7 30.2
Other assets and liabilities (65.3) (54.9)
Net cash provided by operating activities 51.9 48.4
Cash flows from investing activities:    
Capital expenditures (64.9) (67.0)
Proceeds related to sale of business and property and equipment, net 0.6 7.1
Businesses acquired in purchase transactions, net of cash acquired (1,148.0) (9.1)
Payments associated with debt, equity and equity method investments 0.0 (1.3)
Settlement of foreign currency forward contracts 5.4 1.0
Net cash used in investing activities (1,206.9) (69.3)
Cash flows from financing activities:    
Net proceeds (payments) of short-term borrowings 167.9 (0.1)
Proceeds from long-term debt 1,411.4 0.8
Payments of long-term debt (432.8) 0.0
Payments of debt modification/extinguishment costs and other (13.1) (4.1)
Dividends paid on common stock (31.1) (31.1)
Impact of tax withholding on share-based compensation (21.0) (24.8)
Repurchases of common stock (79.9) (200.1)
Principal payments related to financing leases (2.3) (2.7)
Net cash provided by (used in) financing activities 999.1 (262.1)
Effect of foreign currency exchange rate changes on cash and cash equivalents 2.9 0.2
Cash and cash equivalents 456.1 561.0
Restricted cash and cash equivalents 0.0 0.0
Balance, beginning of period 456.1 561.0
Net change during the period (153.0) (282.8)
Cash and cash equivalents 303.1 278.2
Restricted cash and cash equivalents 0.0 0.0
Balance, end of period 303.1 278.2
Supplemental Cash Flow Information:    
Interest payments, net of amounts capitalized 50.8 41.0
Income tax payments, net of cash refunds 14.0 24.7
Restructuring payments including associated costs 3.1 12.0
Non-cash items:    
Transfers of shares of common stock from treasury for profit-sharing contributions $ 23.9 $ 22.7