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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 311.1 $ 285.7 $ 104.3
Adjustments to reconcile net earnings to net cash flows provided by operating activities, net of effects from acquisitions:      
Depreciation and amortization 83.6 85.3 142.3
Deferred income taxes 34.4 (4.1) 36.3
Non-cash compensation 35.2 30.2 29.7
Provision for doubtful accounts 0.8 7.2 9.6
(Gain)/Loss on disposal of property and equipment 3.0 9.2 3.8
Tax benefits realized from prior exercises of restricted stock (1.9) (5.0) (3.5)
Debt prepayment costs   0.9 243.6
Changes in operating assets and liabilities:      
Accounts receivable (16.1) (84.7) (77.0)
Inventories (194.7) (184.6) (284.0)
Other current and non-current assets (30.1) 67.7 (220.2)
Accounts payable and accrued liabilities 81.5 103.0 266.0
Net cash flows provided by operating activities 306.8 310.8 250.9
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (80.8) (80.5) (255.6)
Acquisitions, net of cash acquired   3.9 (1,043.1)
Other (2.6) (6.4) 0.8
Net cash flows used in investing activities (83.4) (83.0) (1,297.9)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from common stock issued 5.2 5.8 7.5
Purchase of treasury stock, including share repurhases (86.7) (155.3) (7.0)
Tax benefits realized from prior exercises of restricted stock 1.9 5.0 3.5
Borrowings on line of credit 225.0   868.0
Repayments on line of credit (225.0)   (868.0)
Proceeds from long-term debt     2,189.0
Proceeds from KLX long-term debt     1,200.0
Principal payments on long-term debt   (136.0) (1,950.0)
Debt prepayment costs     (210.9)
Debt origination costs     (61.3)
Cash divested in connection with Spin-Off of KLX     (460.0)
Dividends (85.0) (79.3)  
Net cash flows used in financing activities (164.6) (359.8) 710.8
Effect of foreign exchange rate changes on cash and cash equivalents (10.9) (6.4) (9.1)
Net increase (decrease) in cash and cash equivalents 47.9 (138.4) (345.3)
Cash and cash equivalents, beginning of year 154.1 292.5 637.8
Cash and cash equivalents, end of year 202.0 154.1 292.5
Cash paid (refunded) during period for:      
Interest 86.2 77.3 148.3
Income taxes, net of $32.0 payments in 2015 64.7 (11.8) 124.0
Supplemental schedule of non-cash activities:      
Accrued property additions $ 3.1 $ 3.6 $ 9.1