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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities:      
Consolidated net earnings $ 612.0 $ 470.4 $ 713.4
Adjustments to reconcile consolidated net earnings to net cash provided by operating activities:      
Depreciation, depletion and amortization 371.5 344.0 297.2
Stock-based compensation expense 34.1 29.3 30.5
Gains on divestitures and sales of assets (3.1) (39.3) (19.4)
Deferred income taxes, net 29.4 85.1 (239.1)
Noncash portion of asset and portfolio rationalization charge 17.0 17.0  
Other items, net 8.6 (9.0) (13.4)
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:      
Accounts receivable, net (50.4) (10.6) (29.3)
Inventories, net (27.7) (22.0) (79.0)
Accounts payable 25.9 20.1 (17.9)
Other assets and liabilities, net (34.2) (179.9) 14.6
Net Cash Provided by Operating Activities 966.1 705.1 657.6
Cash Flows from Investing Activities:      
Additions to property, plant and equipment (393.5) (376.0) (410.3)
Acquisitions, net of cash acquired   (1,642.1) (12.1)
Proceeds from divestitures and sales of assets 8.4 69.1 36.0
Payment of railcar construction advances   (79.4) (43.6)
Reimbursement of railcar construction advances   79.4 43.6
Investments in life insurance contracts, net 0.6 0.8 0.3
Other investing activities, net (1.4)    
Net Cash Used for Investing Activities (385.9) (1,948.2) (386.1)
Cash Flows from Financing Activities:      
Borrowings of long-term debt 625.0 1,000.0 2,408.8
Repayments of long-term debt (975.1) (910.1) (1,065.0)
Debt issuance costs   (3.9) (2.2)
Payments on finance lease obligations (11.0)    
Payments on capital lease obligations   (3.5) (3.5)
Dividends paid (129.8) (116.4) (108.9)
Repurchases of common stock (98.2) (100.4) (100.0)
Payments of deferred acquisition consideration   (6.7) (2.8)
Purchase of the noncontrolling interest in the existing joint venture   (12.8)  
Distributions to owners of noncontrolling interest (0.6)    
Contributions by noncontrolling interest to joint venture     0.2
Proceeds from exercise of stock options 13.7 7.3 10.1
Shares withheld for employees’ income tax obligations (28.1) (11.9) (11.8)
Net Cash (Used for) Provided by Financing Activities (604.1) (158.4) 1,124.9
Net (Decrease) Increase in Cash and Cash Equivalents (23.9) (1,401.5) 1,396.4
Cash and Cash Equivalents, beginning of year 44.9 1,446.4 50.0
Cash and Cash Equivalents, end of year $ 21.0 $ 44.9 $ 1,446.4