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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows provided by (used in) operating activities:    
Net earnings $ 246.2 $ 176.2
Adjustments to reconcile net earnings to cash provided by operating activities:    
Depreciation and amortization 247.7 263.5
Share-based compensation 20.3 13.9
Changes in operating assets and liabilities, net of acquired assets and liabilities    
Income taxes 24.5 8.6
Receivables 50.7 146.2
Inventories (50.7) (39.6)
Accounts payable and accrued liabilities (231.4) (27.7)
Other assets and liabilities (23.7) (50.6)
Net cash provided by operating activities 283.6 490.5
Cash flows provided by (used in) investing activities:    
Additions to instruments (63.7) (60.4)
Additions to other property, plant and equipment (37.8) (26.7)
Net investment hedge settlements 10.5  
Investments in other assets (14.5) (14.6)
Net cash used in investing activities (105.5) (101.7)
Cash flows provided by (used in) financing activities:    
Proceeds from senior notes   749.5
Proceeds from multicurrency revolving facility   400.0
Proceeds from term loans 200.0  
Payments on term loans (310.0) (225.0)
Net payments on other debt   (0.2)
Dividends paid to stockholders (49.0) (48.6)
Proceeds from employee stock compensation plans 44.4 47.9
Net cash flows from unremitted collections from factoring programs (16.4) (60.8)
Business combination contingent consideration payments   (13.6)
Other financing activities (4.2) (7.4)
Net cash provided by (used in) financing activities (135.2) 841.8
Effect of exchange rates on cash and cash equivalents 1.1 10.4
Increase in cash and cash equivalents 44.0 1,241.0
Cash and cash equivalents, beginning of year 542.8 524.4
Cash and cash equivalents, end of period $ 586.8 $ 1,765.4