CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
OPERATING ACTIVITIES
Net income including noncontrolling interest	$ 1,393.0	$ 1,108.9	$ 1,144.0
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	616.7	618.5	604.4
Amortization	306.9	320.2	238.7
Deferred income taxes	(55.7)	(142.6)	(1.1)
Share-based compensation expense	95.1	87.8	89.5
Pension and postretirement plan contributions	(109.3)	(64.3)	(60.2)
Pension and postretirement plan expense (income), net	3.1	45.5	42.4
Restructuring charges, net of cash paid	(32.6)	66.2	(41.7)
Debt refinancing			29.4
Other, net	31.9	24.9	15.9
Changes in operating assets and liabilities, net of effect of acquisitions:
Accounts receivable	(84.3)	(319.6)	(178.2)
Inventories	320.3	(402.9)	(73.0)
Other assets	72.2	(278.2)	(92.9)
Accounts payable	(232.3)	394.7	200.4
Other liabilities	86.8	329.3	144.3
Cash provided by operating activities	2,411.8	1,788.4	2,061.9
INVESTING ACTIVITIES
Capital expenditures	(774.8)	(712.8)	(643.0)
Property and other assets sold	9.9	2.2	12.2
Acquisitions and investments in affiliates, net of cash acquired	(180.4)	(7.2)	(3,923.7)
Other, net	(45.2)	1.0	(25.2)
Cash used for investing activities	(990.5)	(716.8)	(4,579.7)
FINANCING ACTIVITIES
Net (repayments) issuances of commercial paper and notes payable	(1.9)	(404.3)	393.6
Long-term debt borrowings		494.0	2,775.0
Long-term debt repayments	(500.0)		(1,017.9)
Reacquired shares	(13.7)	(518.2)	(106.6)
Dividends paid	(617.3)	(602.8)	(566.4)
Exercise of employee stock options	96.8	29.1	143.5
Debt refinancing			(29.4)
Hedge settlements	(15.3)	172.0	25.9
Other, net	(3.3)	(7.1)	(14.5)
Cash used for financing activities	(1,054.7)	(837.3)	1,603.2
Effect of exchange rate changes on cash and cash equivalents	(45.7)	4.4	14.3
Increase (decrease) in cash and cash equivalents	320.9	238.7	(900.3)
Cash and cash equivalents, beginning of period	598.6	359.9	1,260.2
Cash and cash equivalents, end of period	919.5	598.6	359.9
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid	469.2	308.9	275.7
Net interest paid	$ 324.8	$ 222.4	$ 208.7