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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flow From Operating Activities    
Net Income (Loss) $ 220.1 $ 227.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 22.6 18.4
Amortization expense 38.3 39.2
Deferred income taxes (3.5) (1.2)
Equity in net earnings of affiliates (1.6) (1.1)
Distributions from unconsolidated affiliates 1.8 0.8
Non-cash compensation expense 20.7 28.9
Asset impairment charge and other asset write-offs 1.4 0.0
Other 0.1 2.7
Subtotal 299.9 315.4
Change in assets and liabilities:    
Accounts receivable 6.6 (20.0)
Inventories (16.0) 16.1
Other current assets (7.0) (5.2)
Accounts payable (7.8) 31.4
Accrued expenses (141.5) (118.7)
Income taxes payable 55.1 46.6
Other operating assets and liabilities, net (3.6) (2.6)
Change in Working Capital (114.2) (52.4)
Net Cash Provided By Operating Activities, Total 185.7 263.0
Cash Flow From Investing Activities    
Additions to property, plant and equipment (16.5) (46.3)
Other (0.2) (0.5)
Net Cash Used In Investing Activities (16.7) (46.8)
Cash Flow From Financing Activities    
Long-term debt (repayments) 0.0 (200.0)
Proceeds from issuance of common stock related to employee equity plans 19.3 59.9
Payment of cash dividends (72.4) (69.0)
Payment of business acquisition liability (5.9) 0.0
Other (2.0) 0.0
Net Cash Used In Financing Activities (61.0) (209.1)
Effect of exchange rate changes on cash and cash equivalents 2.4 (1.9)
Net Change In Cash and Cash Equivalents 110.4 5.2
Cash and Cash Equivalents at Beginning of Period 964.1 344.5
Cash and Cash Equivalents at End of Period 1,074.5 349.7
Cash paid during the period for:    
Interest (net of amounts capitalized) 14.9 17.0
Income taxes 10.3 11.2
Supplemental disclosure of non-cash investing activities:    
Property, plant and equipment expenditures included in Accounts Payable $ 13.1 $ 17.3