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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net earnings $ 295.1 $ 269.6
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation of property and equipment 41.8 41.2
(Gain) loss on sale of property and equipment (0.6) 3.5
Bad debt recoveries (1.4) (0.3)
Deferred income taxes 0.3 1.0
Stock-based compensation 1.9 1.5
Amortization of intangible assets 2.7 2.7
Changes in operating assets and liabilities:    
Trade accounts receivable (133.7) (169.9)
Inventories 57.7 (76.4)
Other current assets 45.4 60.7
Accounts payable 8.5 56.8
Accrued expenses (11.9) (30.1)
Income taxes 83.9 69.6
Other (1.2) 0.1
Net cash provided by operating activities 388.5 230.0
Cash flows from investing activities:    
Purchases of property and equipment (33.7) (35.5)
Proceeds from sale of property and equipment 2.8 2.4
Other (0.1) (0.1)
Net cash used in investing activities (31.0) (33.2)
Cash flows from financing activities:    
Proceeds from debt obligations 230.0 235.0
Payments against debt obligations (385.0) (260.0)
Proceeds from exercise of stock options 5.9 3.9
Cash dividends paid (199.8) (178.4)
Net cash used in financing activities (348.9) (199.5)
Effect of exchange rate changes on cash and cash equivalents 1.1 0.7
Net increase (decrease) in cash and cash equivalents 9.7 (2.0)
Cash and cash equivalents at beginning of period 230.1 236.2
Cash and cash equivalents at end of period 239.8 234.2
Supplemental information:    
Cash paid for interest 5.1 2.3
Net cash paid for income taxes 9.7 15.2
Leased assets obtained in exchange for new operating lease liabilities $ 25.9 $ 23.9