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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities    
Net Income $ 102.4 $ 47.3
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 13.0 12.2
Non-cash operating lease expense 9.1 8.5
Deferred income taxes (2.9) (4.4)
Net gain on disposal of property (0.1)  
Net income attributable to noncontrolling interests (0.2) (0.1)
Changes in assets and liabilities:    
Trade receivables (90.5) (29.4)
Merchandise inventory (57.7) (36.6)
Other current assets (10.9) (0.9)
Other non-current assets (1.5) (0.6)
Trade accounts payable 134.0 95.5
Accrued payroll and benefit costs (44.7) (22.0)
Other current liabilities 18.0 4.7
Other non-current liabilities (9.8) (5.5)
Total adjustments to net income (44.2) 21.4
Net cash provided by operating activities 58.2 68.7
Cash Flows from Investing Activities    
Proceeds from disposal of property 0.2 0.3
Capital expenditures for property (8.2) (10.0)
Acquisition of businesses, net of cash acquired   (0.1)
Net cash used by investing activities (8.0) (9.8)
Cash Flows from Financing Activities    
Net decrease in short-term borrowings (54.2) (50.0)
Principal payments under finance arrangements (0.6) (0.7)
Sales of common stock 11.5 11.1
Purchases of common stock (4.1) (4.3)
Purchases of noncontrolling interests’ common stock (0.3) (0.5)
Dividends paid (7.0) (6.9)
Net cash used by financing activities (54.7) (51.3)
Net (Decrease) Increase in Cash (4.5) 7.6
Cash, Beginning of Year 48.5 131.2
Cash, End of Year 44.0 138.8
Non-cash Investing and Financing Activities    
Acquisitions of equipment under finance leases 0.2 0.2
Acquisitions of assets under operating leases $ 5.9 $ 10.2