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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities:    
Net income $ 113.6 $ 69.9
Loss from discontinued operations, net of tax 0.0 4.2
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 61.8 56.6
Noncash compensation 14.7 13.3
Noncash income from financial services 8.7 2.3
Deferred income taxes (10.5) 9.4
Other, net 0.7 0.8
Changes in operating assets and liabilities:    
Trade receivables 19.1 (12.0)
Inventories (47.6) (220.3)
Accounts payable 20.3 180.1
Accrued expenses (65.2) (159.2)
Income taxes payable/receivable 29.5 (0.4)
Prepaid expenses and others, net (2.1) 23.1
Net cash provided by (used for) operating activities of continuing operations 124.2 (38.4)
Net cash used for operating activities of discontinued operations 0.0 (10.7)
Net cash provided by (used for) operating activities 124.2 (49.1)
Investing Activities:    
Purchase of property and equipment (94.4) (55.8)
Investment in finance affiliate, net 5.3 18.2
Net cash used for investing activities of continuing operations (89.1) (37.6)
Net cash used for investing activities of discontinued operations 0.0 (1.6)
Net cash used for investing activities (89.1) (39.2)
Financing Activities:    
Borrowings under financing obligations 573.4 568.0
Repayments under financing obligations (528.4) (420.2)
Repurchase and retirement of common shares (62.8) (172.3)
Cash dividends to shareholders (37.0) (37.9)
Proceeds from stock issuances under employee plans 13.2 13.9
Net cash used for financing activities (41.6) (48.5)
Impact of currency exchange rates on cash balances 4.9 (0.3)
Net decrease in cash, cash equivalents and restricted cash (1.6) (137.1)
Cash, cash equivalents and restricted cash at beginning of period 339.7 529.1
Cash, cash equivalents and restricted cash at end of period 338.1 392.0
Supplemental Cash Flow Information:    
Interest paid on debt borrowings 31.8 14.8
Income taxes paid 12.2 10.1
Leased assets obtained for operating lease liabilities 5.1 28.6
Cash and cash equivalents 322.9 367.1
Current assets held for sale 0.0 8.3
Other long-term assets 15.2 16.6
Total $ 338.1 $ 392.0