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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows provided by (used in) operating activities:    
Net earnings $ 336.0 $ 415.9
Adjustments to reconcile net earnings to cash provided by operating activities:    
Depreciation and amortization 526.2 481.8
Share-based compensation 40.8 55.4
Changes in operating assets and liabilities, net of acquired assets and liabilities    
Income taxes (132.0) (104.5)
Receivables (18.6) (10.2)
Inventories (40.2) (41.8)
Accounts payable and accrued liabilities 40.4 (181.5)
Other assets and liabilities 8.3 (17.7)
Net cash provided by operating activities 761.0 597.4
Cash flows provided by (used in) investing activities:    
Additions to instruments (140.2) (147.2)
Additions to other property, plant and equipment (94.7) (107.8)
Net investment hedge settlements 3.5 16.5
Business combination investments, net of acquired cash (1,226.3) (66.5)
Acquisition of intangible assets (32.4) (97.3)
Other investing activities (0.3) (39.7)
Net cash used in investing activities (1,490.4) (442.0)
Cash flows provided by (used in) financing activities:    
Net proceeds from revolving facilities 220.0 115.0
Proceeds from senior notes 1,748.1  
Redemption of senior notes (863.0)  
Dividends paid to stockholders (95.3) (98.8)
Proceeds from employee stock compensation plans 17.1 63.0
Business combination contingent consideration payments (17.4) (1.5)
Debt issuance costs (17.3)  
Repurchase of common stock (237.0) (199.5)
Other financing activities (16.1) (20.3)
Net cash provided by (used in) financing activities 739.2 (142.0)
Effect of exchange rates on cash and cash equivalents 21.6 (9.0)
Change in cash and cash equivalents 31.4 4.4
Cash and cash equivalents, beginning of year 525.5 415.8
Cash and cash equivalents, end of period $ 556.9 $ 420.1