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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 497.2 $ 492.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 136.7 136.6
Equity-based compensation expense 48.1 45.6
Deferred income taxes (19.9) (24.1)
Provision for credit losses 9.8 8.4
Other 2.9 20.8
Changes in assets and liabilities:    
Accounts receivable (161.5) (13.0)
Merchandise inventory (57.7) 17.0
Other assets (203.8) 97.2
Accounts payable-trade 236.9 (39.7)
Other liabilities 101.2 (147.9)
Net cash provided by operating activities 589.9 593.6
Cash flows from investing activities:    
Capital expenditures (60.4) (71.3)
Acquisitions of businesses, net of cash acquired (0.2) (75.5)
Net cash used in investing activities (60.6) (146.8)
Cash flows from financing activities:    
Proceeds from borrowings under revolving credit facility 0.0 201.3
Repayments of borrowings under revolving credit facility 0.0 (275.7)
Repayments of long-term debt 0.0 (50.0)
Repayments of receivable financing liability (19.1) (40.5)
Net change in accounts payable-inventory financing (26.7) 161.6
Repurchases of common stock (254.0) (396.1)
Proceeds from stock option exercises 35.0 20.5
Payment of incentive compensation plan withholding taxes (30.7) (32.8)
Dividend payments (166.3) (159.3)
Other 12.2 11.5
Net cash used in financing activities (449.6) (559.5)
Effect of exchange rate changes on cash and cash equivalents (3.1) 1.4
Net increase (decrease) in cash and cash equivalents 76.6 (111.3)
Cash and cash equivalents—beginning of period 588.7 315.2
Cash and cash equivalents—end of period 665.3 203.9
Supplementary disclosure of cash flow information:    
Interest paid (114.2) (117.0)
Income taxes paid, net $ (147.6) $ (174.9)