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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities:    
Net income $ 69.9 $ 134.2
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 61.3 59.6
Noncash compensation 13.3 8.9
Noncash income from financial services (2.3) (2.6)
Deferred income taxes 9.4 19.1
Changes in operating assets and liabilities:    
Trade receivables (10.4) 14.2
Inventories (234.9) (169.7)
Accounts payable 181.7 90.7
Accrued expenses (161.3) (114.0)
Income taxes payable/receivable (0.5) 15.6
Prepaid expenses and others, net 24.7 0.0
Net cash provided by (used for) operating activities (49.1) 56.0
Investing Activities:    
Purchase of property and equipment (57.4) (45.4)
Investment in finance affiliate, net 18.2 15.2
Net cash used for investing activities (39.2) (30.2)
Financing Activities:    
Borrowings under debt arrangements 568.0 95.4
Repayments under debt arrangements (420.2) (111.3)
Repurchase and retirement of common shares (172.3) (299.1)
Cash dividends to shareholders (37.9) (38.6)
Proceeds from stock issuances under employee plans 13.9 129.3
Net cash used for financing activities (48.5) (224.3)
Impact of currency exchange rates on cash balances (0.3) (4.3)
Net decrease in cash, cash equivalents and restricted cash (137.1) (202.8)
Cash, cash equivalents and restricted cash at beginning of period 529.1 657.5
Cash, cash equivalents and restricted cash at end of period 392.0 454.7
Noncash Activity:    
Interest paid on debt borrowings 14.8 13.7
Income taxes paid 10.1 6.9
Leased assets obtained for operating lease liabilities 28.6 2.7
Cash and cash equivalents 375.4 432.4
Other long-term assets 16.6 22.3
Total $ 392.0 $ 454.7