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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities    
Net Income $ 216.1 $ 249.4
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 39.7 29.6
Non-cash operating lease expense 29.4 23.8
Deferred income taxes (4.7) 2.6
Net gain on disposal of property (6.6) (0.3)
Losses on impairment of assets   0.3
Earnings on investment in employee deferred compensation trust (0.7) (0.2)
Net income attributable to noncontrolling interests (0.5) (0.4)
Changes in assets and liabilities:    
Trade receivables (151.1) 32.6
Merchandise inventory 72.3 124.0
Other current assets (10.8) 6.4
Other non-current assets (29.3) (1.2)
Trade accounts payable 145.1 (72.7)
Accrued payroll and benefit costs (74.9) (108.3)
Other current liabilities 3.6 (14.0)
Other non-current liabilities (34.8) (33.6)
Total adjustments to net income (23.3) (11.4)
Net cash provided by operating activities 192.8 238.0
Cash Flows from Investing Activities    
Proceeds from disposal of property 13.5 0.6
Capital expenditures for property (22.2) (37.1)
Amounts attributable to acquisitions (123.9) (157.5)
Investment in employee deferred compensation trust   (25.0)
Net cash used by investing activities (132.6) (219.0)
Cash Flows from Financing Activities    
Net decrease in short-term borrowings   (18.6)
Principal payments under finance arrangements (1.0) (0.9)
Sales of common stock 19.0 16.9
Purchases of common stock (13.7) (11.5)
Purchases of noncontrolling interests’ common stock (0.5) (0.2)
Dividends paid (19.4) (16.1)
Contingent consideration paid (2.3)  
Net cash used by financing activities (17.9) (30.4)
Net Increase (Decrease) in Cash 42.3 (11.4)
Cash, Beginning of Year 98.6 69.4
Cash, End of Period 140.9 58.0
Non-cash Investing and Financing Activities:    
Acquisitions of equipment under finance leases   0.4
Acquisitions of assets under operating leases $ 21.7 $ 25.0