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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 339.8 $ 298.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property and equipment 41.9 42.0
Loss (gain) on sale of property and equipment 1.0 (0.3)
Bad debt expense 1.4 1.8
Deferred income taxes (1.8) 0.7
Stock-based compensation 2.6 2.0
Amortization of intangible assets 2.7 2.7
Changes in operating assets and liabilities:    
Trade accounts receivable, net (204.2) (170.0)
Inventories 52.5 (26.5)
Other current assets 20.3 10.2
Accounts payable 46.6 45.3
Accrued expenses (17.1) (8.8)
Income taxes 92.2 70.9
Other 0.5 (6.5)
Net cash provided by operating activities 378.4 262.2
Cash flows from investing activities:    
Purchases of property and equipment (58.9) (55.7)
Proceeds from sale of property and equipment 1.3 1.9
Other (0.0) (0.0)
Net cash used in investing activities (57.6) (53.8)
Cash flows from financing activities:    
Proceeds from debt obligations 47.0 155.0
Payments against debt obligations (47.0) (155.0)
Proceeds from exercise of stock options 7.6 11.2
Purchases of common stock (20.3) 0.0
Cash dividends paid (275.6) (246.7)
Net cash used in financing activities (288.3) (235.5)
Effect of exchange rate changes on cash and cash equivalents (0.6) 3.1
Net increase (decrease) in cash and cash equivalents 31.9 (24.0)
Cash and cash equivalents at beginning of period 276.8 255.8
Cash and cash equivalents at end of period 308.6 231.8
Supplemental information:    
Cash paid for interest 0.7 1.5
Net cash paid for income taxes 16.0 21.9
Leased assets obtained in exchange for new operating lease liabilities $ 32.0 $ 30.4