XML 19 R8.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net income $ 224.5 $ 429.4
Depreciation and amortization 73.4 85.8
Stock-based compensation expense 24.3 21.9
Deferred income taxes 17.5 19.4
(Gain) loss on sale of assets (10.4) (2.9)
Foreign currency transaction (gains) losses (2.7) 0.2
Debt extinguishment expense 8.5  
Other non-cash adjustments 1.0 (0.2)
Changes in operating assets and liabilities (299.7) (447.8)
Net cash provided by operating activities 36.4 105.8
Investing activities:    
Additions to property, plant and equipment (73.2) (69.5)
Additions to equipment held for rental (14.7) (22.2)
Proceeds from sale of equipment held for rental 34.3 9.3
Other investing activities (4.9) 10.9
Net cash used by investing activities (58.5) (71.5)
Financing activities:    
Proceeds from issuance of debt (original maturities greater than three months) 303.9  
Repayments of debt (original maturities greater than three months) (300.0)  
Debt extinguishment and issuance costs (9.6)  
Repurchases of Common Stock (50.7) (291.1)
Dividends paid (61.4) (57.1)
Proceeds from exercise of stock options 24.2 10.7
Other financing activities (1.5)  
Net cash used by financing activities (95.1) (337.5)
Effect of exchange rate changes on cash 0.4 0.8
Decrease in cash and cash equivalents (116.8) (302.4)
Cash and cash equivalents at beginning of period 448.4 454.6
Cash and cash equivalents at end of period 331.6 152.2
Supplemental disclosures:    
Cash paid for interest 46.5 42.8
Cash paid for income taxes 88.6 $ 115.1
Cash paid for operating lease liabilities 41.5  
Operating right-of-use assets obtained $ 19.9