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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net earnings $ 296.5 $ 326.5 $ 282.9
Adjustments to reconcile earnings to cash provided by (used in) operating activities:      
Depreciation and amortization 70.1 65.1 63.0
U.S. Tax Reform income tax expense 81.8    
Pension (income) expense (9.1) (6.9) 0.1
Stock based compensation expense 9.9 9.4 8.8
Net changes in operating assets and liabilities, net of acquisitions:      
Current assets and liabilities (127.8) 68.5 16.8
Noncurrent assets and liabilities 5.0 (16.0) (19.9)
Cash Provided by Operating Activities 326.4 446.6 351.7
Investing Activities      
Acquisitions of businesses (43.1) (90.8)  
Investments in marketable securities (583.5) (563.8) (428.8)
Proceeds from sales of marketable securities 562.7 435.1 315.4
Capital expenditures (94.2) (80.7) (72.7)
Cash Used in Investing Activities (158.1) (300.2) (186.1)
Financing Activities      
Long-term debt incurred 86.5 74.1 28.1
Common stock repurchases (139.1) (135.2) (128.1)
Net (payments) proceeds from stock option activity (0.9) 5.7 6.4
Acquisition related contingent payment (1.7)    
Dividends paid (96.9) (84.2) (67.8)
Cash Used in Financing Activities (152.1) (139.6) (161.4)
Net increase in cash and cash equivalents 16.2 6.8 4.2
Cash and cash equivalents-beginning of year 330.4 323.6 319.4
Cash and Cash Equivalents-End of Year $ 346.6 $ 330.4 $ 323.6