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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:    
Consolidated net earnings $ 387.7 $ 291.3
Adjustments to reconcile consolidated net earnings to net cash provided by operating activities:    
Depreciation, depletion and amortization 256.6 206.5
Stock-based compensation expense 24.5 20.8
Gain on divestitures, sales of assets and extinguishment of debt (173.9) (19.2)
Deferred income taxes, net (32.7) 3.4
Other items, net (3.4) (7.3)
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable, net (252.6) (137.8)
Inventories, net (79.5) 36.9
Accounts payable 68.5 54.7
Other assets and liabilities, net 91.0 (8.1)
Net Cash Provided by Operating Activities 286.2 441.2
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (220.7) (213.0)
Acquisitions, net of cash acquired 11.0 (653.2)
Proceeds from divestitures and sales of assets 644.4 31.9
Investments in life insurance contracts, net 1.8 11.2
Other investing activities, net (3.0)  
Net Cash Provided by (Used for) Investing Activities 433.5 (823.1)
Cash Flows from Financing Activities:    
Borrowings of debt 0.0 400.0
Repayments of debt (47.7) (160.0)
Payments on finance lease obligations (7.3) (4.3)
Debt issuance costs 0.0 (0.3)
Distributions to owners of noncontrolling interest 0.0 (0.5)
Repurchases of common stock (50.0) 0.0
Dividends paid (77.0) (71.8)
Proceeds from exercise of stock options 0.6 0.8
Shares withheld for employees' income tax obligations (25.1) (16.1)
Net Cash (Used for) Provided by Financing Activities (206.5) 147.8
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 513.2 (234.1)
Cash, Cash Equivalents and Restricted Cash, beginning of period 258.9 304.4
Cash, Cash Equivalents and Restricted Cash, end of period $ 772.1 $ 70.3