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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income $ 200.5 $ 303.8
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 68.7 63.6
Stock-based compensation expense 12.2 13.0
Other 6.5 2.8
Changes in operating assets and liabilities (excluding effect of businesses acquired):    
Accounts receivable (332.1) (211.6)
Inventories (85.9) (114.6)
Prepaid expenses and other assets 80.8 73.9
Accounts payable and other liabilities 113.8 (4.6)
Net cash provided by operating activities 64.5 126.3
Investing activities:    
Acquisitions, net of cash acquired   (53.7)
Purchases of property, plant and equipment (86.9) (108.7)
Other (0.7) (15.0)
Net cash used in investing activities (87.6) (177.4)
Financing activities:    
Proceeds from long-term debt borrowings 788.0  
Principal payments on long-term debt (458.0)  
Cash dividends and dividend equivalents (65.2) (65.3)
Share repurchases (253.2)  
Taxes paid related to net share settlement of restricted stock units (11.5) (23.9)
Other (18.7) (1.1)
Net cash used in financing activities (18.6) (90.3)
Effect of exchange rate changes on cash and cash equivalents 1.4 (3.9)
Decrease in cash and cash equivalents (40.3) (145.3)
Cash and cash equivalents, beginning balance 318.1 1,080.2
Cash and cash equivalents, ending balance 277.8 934.9
Supplemental cash flow information:    
Interest paid 10.0 8.8
Income taxes paid, net $ 13.9 $ 10.2