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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities:      
Net income $ 719.4 $ 766.1 $ 862.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 183.2 181.3 179.0
Stock-based compensation expense 28.9 48.1 46.4
Amortization of Debt Issuance Costs and Discounts 15.6 14.8 15.2
Gain (Loss) on Disposition of Business (122.2) 0.0 0.0
Loss on abandonment of assets 17.8 0.0 0.0
Other operating activities, net 22.2 (0.5) 3.7
Deferred income taxes (39.9) (7.9) (1.2)
Changes in assets and liabilities      
Increase (Decrease) in Accounts Receivable (50.7) 52.2 (690.6)
Increase (Decrease) in Accounts and Other Receivables 2.0 3.6 (54.8)
Inventories (18.0) (68.4) (817.0)
Increase (Decrease) in Other Operating Assets (142.6) (60.6) (153.2)
Accounts payable (329.5) 319.7 (552.9)
Accrued payroll and benefit costs 62.7 (92.3) (63.1)
Other current and noncurrent liabilities 93.3 (23.5) 131.6
Net cash provided by operating activities 1,101.2 493.2 11.0
Investing Activities:      
Capital expenditures (94.7) (92.3) (99.4)
Acquisition payments, net of cash acquired (221.3) 0.0 (186.8)
Proceeds from Divestiture of Businesses, Net of Cash Divested 354.9 0.0 0.0
Other investing activities, net 1.5 2.7 2.6
Net cash used in investing activities 40.4 (89.6) (283.6)
Financing Activities:      
Proceeds from Short-Term Debt 4.3 17.1 19.5
Repayments of Short-Term Debt (4.1) (22.7) (19.5)
Payments of Debt Issuance Costs 26.6 0.0 0.0
Proceeds from issuance of long-term debt 6,775.0 3,290.2 4,470.0
Repayments of Long-term Debt (7,053.5) (3,404.6) (3,772.3)
Payment, Tax Withholding, Share-based Payment Arrangement (30.9) (68.3) (25.8)
Payments for Repurchase of Common Stock (425.0) (75.0) (11.1)
Payments of Ordinary Dividends, Common Stock (81.5) (76.6) 0.0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (57.4) (57.4) (57.4)
Other financing activities, net 28.6 6.6 19.5
Net cash provided (used) by financing activities (928.3) (403.9) 584.0
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (34.8) (2.9) 3.3
Net change in cash and cash equivalents 178.5 (3.2) 314.8
Cash and cash equivalents at the beginning of period 524.1 527.3 212.6
Cash and cash equivalents at the end of period 702.6 524.1 527.3
Supplemental disclosures:      
Cash paid for interest 331.2 386.8 272.4
Cash paid for taxes $ 253.3 $ 207.9 $ 292.9