CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Activities
Net income (loss)	$ 518.0	$ 300.0	$ 220.9
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	56.4	47.2	50.2
Deferred taxes	(38.1)	(0.6)	1.2
Stock-based compensation expense	43.6	30.3	33.1
Inventory and other non-cash charges	9.4	22.6	39.6
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):
Receivables	11.0	(54.7)	(139.0)
Inventories	(199.6)	(206.1)	(229.5)
Trade accounts payable	57.5	96.3	173.0
Other assets and liabilities	2.3	37.5	140.7
Foreign exchange and other operating activities, net	(1.2)	(11.3)	3.2
Net cash provided by (used in) operating activities	459.3	261.2	293.4
Investing Activities
Capital expenditures	(127.2)	(109.6)	(59.7)
Proceeds from sale of capital assets	33.6	0.2	1.9
Acquisitions, net of cash acquired, and investments	(23.8)	(50.1)	(42.7)
Other investing activities, net	3.0	5.4	(1.7)
Net cash provided by (used in) investing activities	(114.4)	(154.1)	(102.2)
Financing Activities
Repayments of debt	(401.5)	(224.4)	(1,103.5)
Proceeds from issuance of debt	242.8	320.9	600.1
Share repurchases	(62.8)	(101.3)	(3.0)
Dividends paid	(43.2)	(35.6)	(33.5)
Other financing activities, net	(23.1)	(14.5)	(40.2)
Net cash provided by (used in) financing activities	(287.8)	(54.9)	(580.1)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	9.5	(15.0)	(14.3)
Net Increase (Decrease) in Cash and Cash Equivalents	66.6	37.2	(403.2)
Cash and Cash Equivalents at Beginning of Year	304.1	266.9	670.1
Cash and Cash Equivalents at End of Year	$ 370.7	$ 304.1	$ 266.9