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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities:    
Net earnings (loss) $ 213.8 $ 173.6
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 42.5 34.4
Loss on sale of a subsidiary 8.0
Deferred income taxes 2.8 (13.3)
Provision for doubtful accounts 6.1 9.2
Share-based compensation 21.6 16.9
Changes in operating assets and liabilities, excluding the impact of acquisitions:    
Accounts receivable (218.3) (381.7)
Other assets (18.0) (6.3)
Other liabilities (37.2) 362.6
Cash provided by operating activities 21.3 195.4
Cash Flows from Investing Activities:    
Capital expenditures (41.7) (24.6)
Acquisition of businesses, net of cash acquired (7.1)
Proceeds from the sale of subsidiaries and property and equipment 1.0 0.9
Cash used in investing activities (40.7) (30.8)
Cash Flows from Financing Activities:    
Net change in short-term borrowings (3.9) 3.1
Repayments of revolving debt facility (25.0)
Proceeds from long-term debt 416.1 0.3
Repayments of long-term debt (2.5) (2.2)
Payments for debt issuance costs (1.5)
Proceeds from derivative settlement 2.0
Payments of contingent consideration for acquisitions (1.4) (6.2)
Proceeds from share-based awards 0.3 4.2
Payments to noncontrolling interests (1.0)
Other share-based award transactions (8.1) (4.6)
Repurchases of common stock (160.0) (150.1)
Dividends paid (71.2) (68.3)
Cash provided by (used in) financing activities 143.8 (223.8)
Effect of exchange rate changes on cash (86.0) (46.5)
Change in cash and cash equivalents 38.4 (105.7)
Cash and cash equivalents, beginning of period 847.8 1,567.1
Cash and cash equivalents, end of period 886.2 1,461.4
Supplemental Cash Flow Information:    
Interest Paid 18.1 20.4
Income taxes paid, net 89.5 82.7
Right-of-use assets obtained in exchange for new operating lease liabilities $ 13.5 $ 15.2