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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flow From Operating Activities    
Net Income $ 348.6 $ 301.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 45.0 44.1
Amortization expense 35.2 32.2
Deferred income taxes 19.8 20.4
Equity in net earnings of affiliates (6.7) (9.0)
Distributions from unconsolidated affiliates 7.1 9.8
Non-cash pension settlement charge 0.0 8.4
Non-cash compensation expense 14.1 14.2
Asset impairment charge and other asset write-offs 0.8 17.9
Other 0.3 5.1
Change in assets and liabilities:    
Accounts receivable 13.2 (20.1)
Inventories (6.5) (36.5)
Other current assets 3.0 2.7
Accounts payable and accrued expenses 18.8 (3.1)
Income taxes payable 33.4 41.7
Excess tax benefit on stock options exercised (29.4) (13.6)
Other operating assets and liabilities, net (1.7) (6.7)
Net Cash Provided By Operating Activities 495.0 408.8
Cash Flow From Investing Activities    
Additions to property, plant and equipment (28.1) (44.7)
Acquisitions (175.5) (74.9)
Other 0.8 (3.0)
Net Cash Used In Investing Activities (202.8) (122.6)
Cash Flow From Financing Activities    
Short-term debt borrowings (repayments) (127.1) (121.7)
Proceeds from stock options exercised 48.0 23.3
Excess tax benefit on stock options exercised 29.4 13.6
Payment of cash dividends (137.4) (131.4)
Purchase of treasury stock (200.0) (263.1)
Other (5.6) (1.0)
Net Cash Used In Financing Activities (392.7) (480.3)
Effect of exchange rate changes on cash and cash equivalents 2.6 (18.3)
Net Change In Cash and Cash Equivalents (97.9) (212.4)
Cash and Cash Equivalents at Beginning of Period 330.0 423.0
Cash and Cash Equivalents at End of Period 232.1 210.6
Cash paid during the year for:    
Interest (net of amounts capitalized) 15.1 15.8
Income taxes 134.7 110.7
Supplemental disclosure of non-cash investing activities:    
Property, plant and equipment expenditures included in Accounts Payable $ 7.5 $ 5.5