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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 167.4 $ 156.5
Adjustments to reconcile net earnings to net cash flows provided by operating activities, net of effects from acquisitions:    
Depreciation and amortization 42.2 41.3
Deferred income taxes 2.6 5.5
Non-cash compensation 16.7 14.3
Provision for doubtful accounts 0.9 0.2
(Gain)/Loss on disposal of property and equipment 1.0 0.2
Tax benefits realized from prior exercises of restricted stock (0.4) (2.4)
Changes in operating assets and liabilities:    
Accounts receivable (73.4) (95.6)
Inventories (118.0) (107.1)
Other current and non-current assets (2.9) 62.3
Accounts payable and accrued liabilities 58.0 34.7
Net cash flows provided by operating activities 94.1 109.9
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (36.1) (48.0)
Acquisitions, net of cash acquired   4.3
Other (1.0) (5.1)
Net cash flows used in investing activities (37.1) (48.8)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from common stock issued 2.5 3.1
Purchase of treasury stock, including share repurhases (76.6) (0.4)
Tax benefits realized from prior exercises of restricted stock 0.4 2.4
Borrowings on line of credit 160.0  
Repayments on line of credit (150.0)  
Principal payments on long-term debt   (11.0)
Dividends (42.2) (19.9)
Net cash flows (used in) provided by financing activities (105.9) (25.8)
Effect of foreign exchange rate changes on cash and cash equivalents (5.0) (1.5)
Net (decrease) increase in cash and cash equivalents (53.9) 33.8
Cash and cash equivalents, beginning of year 154.1 292.5
Cash and cash equivalents, end of year 100.2 326.3
Cash paid (refunded) during period for:    
Interest 44.7 37.4
Income taxes, net of $14.2 payments in 2015 31.2 (30.0)
Supplemental schedule of non-cash activities:    
Accrued property additions $ 2.8 $ 5.5