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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 509.8 $ 496.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 150.2 148.2
Equity-based compensation expense 50.2 44.0
Deferred income taxes (9.0) (29.9)
Provision for credit losses 13.9 15.9
Other 2.3 (1.6)
Changes in assets and liabilities:    
Accounts receivable (1,054.0) (450.1)
Merchandise inventory (418.3) (147.3)
Other assets (126.7) (217.1)
Accounts payable-trade 896.2 384.7
Other liabilities 205.1 200.2
Net cash provided by operating activities 219.7 443.1
Cash flows from investing activities:    
Capital expenditures (53.9) (49.4)
Proceeds from short-term investments 0.0 211.1
Acquisitions of businesses, net of cash acquired (0.3) (5.0)
Other (4.6) (2.1)
Net cash (used in) provided by investing activities (58.8) 154.6
Cash flows from financing activities:    
Proceeds from borrowings under revolving credit facility 3,181.0 1,089.6
Repayments of borrowings under revolving credit facility (3,006.0) (1,089.6)
Repayments of long-term debt 0.0 (211.1)
Net change in accounts payable-inventory financing-supplier financing 50.6 65.2
Proceeds from accounts payable-inventory financing-product financing 62.5 0.0
Payments on accounts payable-inventory financing-product financing (0.5) 0.0
Repurchases of common stock (544.7) (350.1)
Proceeds from stock option exercises 9.7 25.2
Payment of incentive compensation plan withholding taxes (12.3) (20.9)
Dividend payments (160.9) (165.1)
Other 14.4 7.6
Net cash used in financing activities (406.2) (649.2)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (10.5) 25.0
Net decrease in cash, cash equivalents, and restricted cash (255.8) (26.5)
Cash, cash equivalents, and restricted cash—beginning of period [1] 618.9 507.7
Cash, cash equivalents and restricted cash—end of period [1] 363.1 481.2
Supplementary disclosure of cash flow information:    
Interest paid (116.9) (120.4)
Income taxes paid, net $ (202.2) $ (163.3)
[1] Restricted cash is presented within Prepaid expenses and other on the Consolidated Balance Sheets, as applicable.