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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net earnings $ 303.8 $ 283.9
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:    
Depreciation and amortization 39.2 38.1
Stock based compensation expense 10.4 8.6
Deferred income taxes (1.5) 0.0
Non-cash impairment 0.0 15.6
Pension settlement income 0.0 (6.0)
Pension settlement income non-cash taxes 0.0 1.5
Net changes in operating assets and liabilities:    
Current assets and liabilities (173.2) (66.4)
Noncurrent assets and liabilities (14.7) (15.1)
Cash Provided by Operating Activities 164.0 260.2
Investing Activities    
Capital expenditures (44.9) (24.2)
Acquisition of business (21.3) 0.0
Investments in marketable securities (50.9) (14.7)
Net proceeds from sale of marketable securities 57.0 72.7
Cash (Used in) Provided by Investing Activities (60.1) 33.8
Financing Activities    
Long-term debt incurred 14.3  
Long-term debt repaid   (139.3)
Common stock repurchases (153.2) (69.6)
Net proceeds from stock option activity 9.4 8.3
Dividends paid (94.2) (90.6)
Cash Used in Financing Activities (223.7) (291.2)
Effect of exchange rate changes on cash and cash equivalents (4.0) (15.1)
Net decrease in cash and cash equivalents (123.8) (12.3)
Cash and cash equivalents - beginning of period 339.9 391.2
Cash and Cash Equivalents - End of Period $ 216.1 $ 378.9