Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash Flows from Operating Activities
Net income	$ 227.5	$ 232.1
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	76.0	68.6
Deferred income taxes	4.2	4.3
Stock-based compensation	11.9	13.1
Loss on extinguishment of debt	10.1	0.0
Changes in assets and liabilities, excluding effects of acquisitions:
Increase in accounts receivable, net	(73.0)	(73.8)
(Increase) decrease in inventories, net	(79.2)	8.6
Increase in current liabilities	65.6	0.8
Changes in other assets and liabilities, net	(12.3)	8.8
Contribution to qualified defined benefit pension plans	(1.3)	(1.4)
Other, net	(0.9)	8.1
Net cash provided by operating activities	228.6	269.2
Cash Flows from Investing Activities
Capital expenditures	(53.2)	(45.8)
Acquisition of businesses, net of cash acquired	(110.3)	(172.5)
Purchases of available-for-sale investments	(15.1)	(13.1)
Proceeds from available-for-sale investments	14.1	8.8
Other, net	2.9	3.3
Net cash used in investing activities	(161.6)	(219.3)
Cash Flows from Financing Activities
Long-term debt borrowings, net	(2.4)	397.0
Short-term debt borrowings, net	90.7	(47.7)
Payment of dividends	(115.5)	(105.1)
Payment of dividends to noncontrolling interest	(3.5)	(2.8)
Repurchase of common shares	(92.6)	(246.8)
Make whole payment for retirement of long term debt	(9.9)	0.0
Debt issuance costs	(3.0)	(3.6)
Other, net	(3.7)	(5.3)
Net cash used by financing activities	(139.9)	(14.3)
Effect of foreign currency exchange rate changes on cash and cash equivalents	21.7	(14.6)
(Decrease) increase in cash and cash equivalents	(51.2)	21.0
Cash and cash equivalents
Beginning of period	437.6	343.5
End of period	$ 386.4	$ 364.5