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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      
Net earnings $ 145.1 $ 88.8 $ 373.8
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 86.6 88.6 84.6
Loss on sales of subsidiaries, net 8.2 1.3 6.0
Non-cash goodwill and other impairment charges 0.0 57.3 50.0
Deferred income taxes (32.4) (20.6) 4.8
Allowance for expected credit losses 9.0 5.4 6.2
Share-based compensation 27.3 28.7 37.6
Change in operating assets and liabilities:      
Accounts receivable 261.1 391.8 28.8
Other assets (131.8) (45.2) 47.5
Accounts payable 15.7 (144.7) (80.9)
Other liabilities (79.6) (103.2) (135.1)
Cash provided by operating activities 309.2 348.2 423.3
Cash Flows from Investing Activities      
Capital expenditures (51.1) (78.2) (75.6)
Acquisitions of businesses, net of cash acquired (4.9) 0.0 (16.4)
Impact to cash resulting from sales of subsidiaries (14.6) 0.0 0.0
Proceeds from the sale of subsidiaries and property and equipment 2.4 4.1 6.7
Cash used in investing activities (68.2) (74.1) (85.3)
Cash Flows from Financing Activities      
Net change in short-term borrowings 14.0 (12.8) 7.2
Net repayments of revolving debt facility 0.0 0.0 (75.0)
Proceeds from long-term debt 3.7 1.0 421.3
Repayments of long-term debt (1.6) (4.4) (412.2)
Payments for debt issuance costs 0.0 0.0 (2.4)
Proceeds from derivative settlement 0.0 0.0 2.0
Payments of contingent consideration for acquisitions (2.8) 0.0 (3.8)
Proceeds from share-based awards 0.8 1.8 0.3
Payments to noncontrolling interests (0.2) (0.6) (1.1)
Other share-based award transactions (10.5) (10.4) (8.5)
Repurchases of common stock (140.0) (179.8) (270.0)
Dividends paid (145.8) (144.3) (139.9)
Cash used in financing activities (282.4) (349.5) (482.1)
Effect of exchange rate changes on cash (30.5) 17.7 (64.7)
Change in cash and cash equivalents (71.9) (57.7) (208.8)
Cash and cash equivalents, beginning of year 581.3 639.0 847.8
Cash and cash equivalents, end of year 509.4 581.3 639.0
Cash paid during the period for:      
Interest 84.9 75.9 38.2
Income taxes, net 187.6 182.2 201.6
Operating lease liabilities 119.7 132.0 127.7
Non-cash operating activity:      
Right-of-use assets obtained in exchange for new operating lease liabilities $ 82.2 $ 135.6 $ 92.5