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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Cash received from customers $ 2,553.1 $ 2,684.2 $ 2,699.4
Cash paid to suppliers and employees (2,058.2) (2,240.5) (2,408.0)
Interest paid, net (46.5) (47.5) (24.4)
Income tax payments, net (99.4) (129.6) (158.3)
Dividend proceeds and miscellaneous receipts, net 86.1 100.1 68.1
Proceeds from forward foreign exchange contracts, net 20.1 8.2 17.6
Net cash provided by operating activities 455.2 374.9 194.4
Cash flows from investing activities:      
Payments for purchases of property, plant and equipment (165.6) (156.7) (112.8)
Proceeds from dispositions of property, plant and equipment 0.1 0.2 0.2
Proceeds from divestiture of a division 0.0 2.5 1.4
Payments for acquisitions, net of cash received 0.0 0.0 (100.7)
Payments for acquired in-process research and development (23.4) 0.0 0.0
Payments for purchases of intangible assets 0.0 0.0 (1.5)
Payments for purchases of marketable securities and investments (1,276.6) (689.0) (2,060.2)
Proceeds from sales of marketable securities and investments 1,106.0 501.9 708.2
Proceeds from maturities of marketable securities and investments 199.3 361.3 357.8
Net cash (used in) provided by investing activities (160.2) 20.2 (1,207.6)
Cash flows from financing activities:      
Proceeds from issuance of Notes, net of debt financing costs 0.0 0.0 1,186.2
Payments on long-term borrowings (0.4) (0.5) (0.5)
Payments for debt issuance costs (0.6) 0.0 0.0
Proceeds from issuance of common stock and from reissuance of treasury stock under the employee stock purchase plan and upon exercise of stock options 19.2 18.5 17.6
Tax payments from net share settlement (3.4) (14.9) (14.0)
Payments for purchases of treasury stock (203.6) (428.7) (215.7)
Payments of contingent consideration (30.0) 0.0 0.0
Net cash (used in) provided by financing activities (218.8) (425.6) 973.6
Effect of foreign exchange rate changes on cash 9.2 0.4 3.0
Net increase (decrease) in cash, cash equivalents and restricted cash 85.4 (30.1) (36.6)
Cash, cash equivalents and restricted cash at beginning of year 404.4 434.5 471.1
Cash, cash equivalents and restricted cash at end of year 489.8 404.4 434.5
Cash and cash equivalents 488.1 403.8 434.2
Restricted cash included in Other current assets 1.4 0.2 0.0
Restricted cash included in Other assets 0.3 0.4 0.3
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows $ 489.8 $ 404.4 $ 434.5