Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash Flows from Operating Activities
Net income	$ 149.1	$ 183.4
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	59.9	35.6
Deferred income taxes	19.1	(3.4)
Stock-based compensation	12.8	11.8
Provision for bad debt expense	(0.2)	0.1
Loss on disposition of business	5.3	0.0
Loss on sale of assets	0.2	0.1
Changes in assets and liabilities, excluding effects of acquisitions:
Increase in accounts receivable, net	(84.6)	(36.6)
Increase in inventories, net	(22.7)	(38.8)
Increase in accounts payable	38.8	20.5
Decrease in current liabilities	(92.9)	(54.4)
Changes in other assets and liabilities, net	9.2	(3.2)
Contribution to qualified defined benefit pension plans	0.0	0.0
Other, net	(1.8)	(1.4)
Net cash provided by operating activities	92.2	113.7
Cash Flows from Investing Activities
Capital expenditures	(40.3)	(33.4)
Acquisitions, net of cash acquired	0.0	0.0
Proceeds from disposal of business, net of cash	122.9	0.0
Purchases of available-for-sale investments	0.0	(6.4)
Proceeds from available-for-sale investments	5.4	4.7
Other, net	0.6	0.0
Net cash provided by (used in) investing activities	88.6	(35.1)
Cash Flows from Financing Activities
Payment of long-term debt	(125.0)	0.0
Borrowings of short-term debt, net	98.4	0.1
Payment of dividends	(65.5)	(60.0)
Acquisition of common shares	(10.0)	(20.0)
Other, net	(23.2)	(11.9)
Net cash used in financing activities	(125.3)	(91.8)
Effect of exchange rate changes on cash and cash equivalents	(3.5)	2.7
Increase (decrease) in cash and cash equivalents	52.0	(10.5)
Cash and cash equivalents, beginning of year	336.1	440.5
Cash and cash equivalents within assets held for sale, beginning of year	0.0	0.0
Restricted cash, included in other assets, beginning of year	3.2	2.8
Less: Restricted cash, included in Other Assets	3.1	3.0
Cash and cash equivalents, end of period	$ 388.2	$ 429.8