XML 38 R7.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 171.4 $ 179.9
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 37.6 43.2
Deferred income taxes 45.5 5.0
Provision for doubtful accounts 9.0 10.3
Share-based compensation 14.8 23.9
Excess tax benefit on exercise of share-based awards (0.8) (2.9)
Changes in operating assets and liabilities, excluding the impact of acquisitions:    
Accounts receivable (280.1) (223.6)
Other assets (94.0) (99.1)
Other liabilities 135.4 47.3
Cash provided by (used in) operating activities 38.8 (16.0)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (20.1) (20.6)
Acquisitions of businesses, net of cash acquired (30.4) (23.7)
Proceeds from the sale of property and equipment 3.5 0.3
Cash used in investing activities (47.0) (44.0)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in short-term borrowings (1.8) 15.9
Proceeds from long-term debt 0.1 0.0
Repayments of long-term debt (1.5) (1.2)
Proceeds from share-based awards 29.1 18.9
Other share-based award transactions (6.3) (6.1)
Repurchases of common stock (168.7) (16.7)
Dividends paid (62.1) (39.0)
Cash used in financing activities (211.2) (28.2)
Effect of exchange rate changes on cash (13.9) (10.9)
Change in cash and cash equivalents (233.3) (99.1)
Cash and cash equivalents, beginning of year 699.2 737.6
Cash and cash equivalents, end of period 465.9 638.5
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 25.3 28.8
Income taxes (refunded) paid, net $ (6.0) $ 27.0