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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES    
Net earnings $ 77.9 $ 86.1
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 25.5 22.8
Amortization of intangibles and debt issuance costs 7.9 7.5
Long-lived asset impairments 0.2 0.0
Provision for losses on accounts and notes receivable 0.2 1.6
Writedown of inventories 1.8 1.3
Net gain from sales of assets and businesses (0.2) (0.2)
Deferred income tax expense 1.7 6.4
Stock-based compensation 8.7 10.3
Other, net (1.7) 1.4
Increases/decreases in, excluding effects from acquisitions and divestitures:    
Accounts and other receivables (39.2) (59.7)
Inventories (21.1) (30.1)
Other current assets (0.6) 4.5
Accounts payable (7.9) 28.8
Accrued expenses and other current liabilities (9.1) (23.0)
NET CASH PROVIDED BY OPERATING ACTIVITIES 44.1 57.7
INVESTING ACTIVITIES    
Additions to property, plant and equipment (40.3) (34.3)
Purchases of companies, net of cash acquired (85.8) (37.9)
Proceeds from sales of assets and businesses 1.6 1.3
Other, net (2.5) (6.6)
NET CASH USED FOR INVESTING ACTIVITIES (127.0) (77.5)
FINANCING ACTIVITIES    
Payments on long-term debt (1.0) (4.9)
Change in commercial paper and short-term debt 144.8 159.1
Dividends paid (47.5) (45.4)
Issuances of common stock 0.3 1.3
Purchases of common stock (55.2) (104.2)
Purchase of remaining interest in noncontrolling interest 0.0 (2.6)
Other, net (0.3) (0.8)
NET CASH PROVIDED BY FINANCING ACTIVITIES 41.1 2.5
EFFECT OF EXCHANGE RATE CHANGES ON CASH 10.3 4.0
DECREASE IN CASH AND CASH EQUIVALENTS (31.5) (13.3)
CASH AND CASH EQUIVALENTS—January 1, 526.1 281.9
CASH AND CASH EQUIVALENTS—March 31, $ 494.6 $ 268.6