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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Statement of Cash Flows [Abstract]            
Net earnings $ 113.9 $ 108.1   $ 263.1 $ 218.2  
Adjustments to reconcile net earnings to net cash provided by operating activities            
Depreciation and amortization       90.9 91.2  
Share-based incentive compensation       27.6 23.0  
Profit sharing expense       14.0 11.6  
Loss on debt redemption and refinancing activities 10.5 0.0   11.2 0.0  
Provision for allowance for credit losses on trade receivables       6.5 0.9  
Provisions for inventory obsolescence       6.8 6.6  
Deferred taxes, net       (3.1) 4.5  
Net loss (gain) on sale of business       0.9 (1.7)  
Impairment of equity investment       31.6 0.0  
Other non-cash items       0.3 3.4  
Changes in operating assets and liabilities:            
Trade receivables, net       (44.1) (92.9)  
Inventories, net       (223.7) (144.8)  
Accounts payable       51.1 130.5  
Customer advance payments       (8.3) 4.9  
Income tax receivable/payable       24.6 44.3  
Other assets and liabilities       (36.5) (100.2)  
Net cash provided by operating activities       212.9 199.5  
Cash flows from investing activities:            
Capital expenditures       (118.9) (97.1)  
Proceeds related to sale of business and property and equipment, net       7.1 1.1  
Business acquired in purchase transactions, net of cash acquired       (9.7) (0.1)  
Payments associated with debt, equity and equity method investments     $ (5.7) (2.2) (15.0)  
Settlement of foreign currency forward contracts       1.5 8.0  
Proceeds of corporate owned life insurance       0.0 7.7  
Net cash used in investing activities       (122.2) (95.4)  
Cash flows from financing activities:            
Net proceeds (payments) of short-term borrowings       0.7 (6.8)  
Proceeds from long-term debt       422.8 1.3  
Payments of long-term debt       (425.0) (5.7)  
Payments of debt modification/debt extinguishment costs       (14.7) 0.0  
Dividends paid on common stock       (60.3) (56.1)  
Impact of tax withholding on share-based compensation       (24.9) (14.0)  
Repurchases of common stock       (250.2) (299.5)  
Principal payments related to financing leases       (5.7) (5.1)  
Net cash used in financing activities       (357.3) (385.9)  
Effect of foreign currency exchange rate changes on cash and cash equivalents       (13.2) 6.2  
Cash and cash equivalents       561.0 548.7 $ 548.7
Restricted cash and cash equivalents       0.0 0.0 0.0
Balance, beginning of period       561.0 548.7 548.7
Net change during the period       (279.8) (275.6)  
Cash and cash equivalents 281.2 273.1   281.2 273.1  
Restricted cash and cash equivalents 0.0 0.0 $ 0.0 0.0 0.0 $ 0.0
Balance, end of period $ 281.2 $ 273.1   281.2 273.1  
Supplemental Cash Flow Information:            
Interest payments, net of amounts capitalized       84.4 89.4  
Income tax payments, net of cash refunds       70.9 35.3  
Restructuring payments including associated costs       15.4 10.6  
Non-cash items:            
Transfers of shares of common stock from treasury for profit-sharing contributions       $ 22.7 $ 28.0