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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities:    
Consolidated net earnings $ 65.5 $ 25.9
Adjustments to reconcile consolidated net earnings to net cash provided by operating activities:    
Depreciation, depletion and amortization 98.6 95.0
Stock-based compensation expense 10.9 12.5
Gain on divestitures and sales of assets (3.8) (1.5)
Deferred income taxes (4.7) 3.2
Other items, net (4.7) (0.4)
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable, net 11.5 10.2
Inventories, net 19.0 (9.6)
Accounts payable 25.0 4.9
Other assets and liabilities, net (25.4) (33.5)
Net Cash Provided by Operating Activities 191.9 106.7
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (110.3) (104.1)
Proceeds from divestitures and sales of assets 12.2 15.9
Investments in life insurance contracts, net 9.8 (7.2)
Other investing activities, net   (0.1)
Net Cash Used for Investing Activities (88.3) (95.5)
Cash Flows from Financing Activities:    
Borrowings of debt   618.0
Repayments of debt   (127.0)
Payments on financing leases (2.2) (0.8)
Debt issuance costs   (1.1)
Repurchases of common stock   (50.0)
Dividends paid (36.1) (34.8)
Proceeds from exercise of stock options 0.6 0.2
Shares withheld for employees' income tax obligations (15.5) (12.7)
Net Cash (Used for) Provided by Financing Activities (53.2) 391.8
Net Increase in Cash, Cash Equivalents and Restricted Cash 50.4 403.0
Cash, Cash Equivalents and Restricted Cash, beginning of period 304.4 21.0
Cash, Cash Equivalents and Restricted Cash, end of period $ 354.8 $ 424.0