Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash Flows from Operating Activities
Net income	$ 75.7	$ 73.8
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	38.9	36.6
Deferred income taxes	1.6	3.0
Stock-based compensation	11.6	4.1
Provision for bad debt expense	5.3	0.8
Changes in assets and liabilities, excluding effects of acquisitions:
(Increase) decrease in accounts receivable, net	(36.8)	9.3
Decrease (increase) in inventories, net	32.7	(10.7)
Increase in accounts payable	15.2	12.6
Decrease in current liabilities	(48.8)	(61.1)
Changes in other assets and liabilities, net	7.5	9.2
Contribution to qualified defined benefit pension plans	(0.1)	(0.1)
Other, net	5.6	0.6
Net cash provided by operating activities	108.4	78.1
Cash Flows from Investing Activities
Capital expenditures	(17.8)	(23.3)
Acquisition of businesses, net of cash acquired	(2.1)	0.0
Purchases of available-for-sale investments	(4.7)	(1.0)
Proceeds from available-for-sale investments	6.5	2.7
Other, net	2.5	1.5
Net cash used in investing activities	(15.6)	(20.1)
Cash Flows from Financing Activities
Long-term debt borrowings	100.0	0.0
Long-term debt repayments	(6.3)	(6.3)
Short-term debt borrowings, net	38.1	21.2
Payment of dividends to shareholders	(49.5)	(45.8)
Payment of dividends to noncontrolling interest	(0.6)	(1.0)
Repurchase of common stock	(41.3)	(10.0)
Other, net	(4.7)	(1.8)
Net cash (used) provided by financing activities	35.7	(43.7)
Effect of exchange rate changes on cash and cash equivalents	(10.5)	2.0
Increase in cash and cash equivalents	118.0	16.3
Cash and cash equivalents
Beginning of period	182.0	189.0
End of period	$ 300.0	$ 205.3