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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net earnings $ 398.7 $ 385.5
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation of property and equipment 71.5 65.5
Gain on sale of property and equipment (0.8) (0.2)
Bad debt expense 3.1 2.7
Deferred income taxes 2.3 19.4
Stock-based compensation 2.9 2.5
Amortization of intangible assets 2.0 2.0
Changes in operating assets and liabilities:    
Trade accounts receivable (106.4) (132.0)
Inventories (64.3) (75.0)
Other current assets 23.2 10.0
Accounts payable 10.2 24.6
Accrued expenses (14.8) 10.4
Income taxes 5.0 (4.5)
Other 0.4 0.7
Net cash provided by operating activities 333.0 311.6
Cash flows from investing activities:    
Purchases of property and equipment (123.1) (60.6)
Proceeds from sale of property and equipment 3.5 6.8
Other 0.0 (0.1)
Net cash used in investing activities (119.6) (53.9)
Cash flows from financing activities:    
Proceeds from debt obligations 525.0 415.0
Payments against debt obligations (525.0) (405.0)
Proceeds from exercise of stock options 40.1 5.6
Purchases of common stock 0.0 (40.4)
Payments of dividends (246.1) (212.7)
Net cash used in financing activities (206.0) (237.5)
Effect of exchange rate changes on cash and cash equivalents 0.4 (1.6)
Net increase in cash and cash equivalents 7.8 18.6
Cash and cash equivalents at beginning of period 167.2 116.9
Cash and cash equivalents at end of period 175.0 135.5
Supplemental disclosure of cash flow information:    
Cash paid for interest 7.8 5.9
Net cash paid for income taxes $ 122.3 $ 96.8