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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net earnings $ 246.0 $ 215.9
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:    
Depreciation and amortization 38.3 39.0
Stock based compensation expense 9.0 8.9
Net changes in operating assets and liabilities:    
Current assets and liabilities (233.9) (50.0)
Noncurrent assets and liabilities (5.0) (17.8)
Cash Provided by Operating Activities 54.4 196.0
Investing Activities    
Capital expenditures (30.7) (30.7)
Acquisitions of businesses (8.0) 0.0
Investments in marketable securities (16.9) (98.3)
Net proceeds from sale of marketable securities 96.5 79.0
Cash Provided by (Used in) Investing Activities 40.9 (50.0)
Financing Activities    
Long-term debt incurred 101.7  
Long-term debt (repaid)   (6.8)
Common stock repurchases (190.4) (198.1)
Net (payments) proceeds from stock option activity (2.6) 14.5
Dividends paid (87.9) (83.9)
Cash Used in Financing Activities (179.2) (274.3)
Net decrease in cash and cash equivalents (83.9) (128.3)
Cash and cash equivalents - beginning of period 443.3 573.1
Cash and Cash Equivalents - End of Period $ 359.4 $ 444.8