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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net income $ 169.2 $ 149.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71.1 69.5
Accelerated depreciation and amortization 3.2 1.4
Share-based compensation expense 6.3 5.6
Changes in assets and liabilities, net of the effect of acquisitions:    
Increase in accounts receivable (133.2) (196.1)
Increase in inventories (45.9) (88.1)
Increase in accounts payable 98.5 108.4
Decrease in pension and other post-retirement benefits (9.9) (9.2)
(Decrease) increase in accrued expenses and other assets and liabilities, net (52.6) 27.5
Net cash provided by operating activities 106.7 68.1
Investing activities    
Capital expenditures (34.0) (42.1)
Settlement of cross-currency swaps 75.1 0.0
Net cash proceeds used by other assets 0.0 (2.0)
Net cash provided (used) by investing activities 41.1 (44.1)
Financing activities    
Purchase of common shares for treasury (36.4) (4.2)
Cash dividends paid (43.5) (38.8)
Repayment of long-term debt (4.4) (4.4)
Payments of withholding tax on share awards (4.1) (4.2)
Net cash used by financing activities (88.4) (51.6)
Effect of exchange rate changes on cash (15.5) (5.7)
Increase (decrease) in cash and cash equivalents 43.9 (33.3)
Cash and cash equivalents at beginning of year 601.2 649.5
Cash and cash equivalents at end of period $ 645.1 $ 616.2