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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities:    
Net income $ 118.3 $ 116.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 48.4 45.5
Stock-based compensation expense 10.2 10.1
Amortization of Debt Issuance Costs and Discounts 3.3 4.1
Pension Cost (Reversal of Cost) 0.0 5.5
Other operating activities, net 4.6 4.9
Changes in assets and liabilities    
Increase (Decrease) in Accounts Receivable 188.7 116.1
Increase (Decrease) in Accounts and Other Receivables 65.1 78.9
Inventories, net (227.4) 5.5
Increase (Decrease) in Other Operating Assets (35.6) (60.1)
Accounts payable 343.8 620.9
Accrued payroll and benefit costs (77.1) (44.0)
Other current and noncurrent liabilities (36.9) 75.0
Net cash provided by operating activities 28.0 746.3
Investing Activities:    
Capital expenditures (20.4) (20.4)
Cash paid for acquisition (35.2) 0.0
Other investing activities 1.2 3.9
Net cash used in investing activities (54.4) (16.5)
Financing Activities:    
Proceeds from issuance of long-term debt 1,829.0 2,470.0
Repayments of Other Long-term Debt 1,729.3 2,585.1
Payments of Debt Issuance Costs (14.0) (26.6)
Payments for Repurchase of Common Stock (18.0) (25.2)
Payments for Repurchase of Common Stock (25.0) (50.0)
Payments of Ordinary Dividends, Common Stock (22.1) (20.9)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock 14.4 14.4
Other financing activities, net (3.9) (2.3)
Net cash used in financing activities 2.3 (254.5)
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation 3.1 (13.9)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (21.0) 461.4
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation 681.6 985.5
Supplemental Cash Flow Information [Abstract]    
Interest Paid, Excluding Capitalized Interest, Operating Activity 90.5 37.0
Income Taxes Paid 78.6 71.2
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 93.3 $ 90.0