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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows provided by (used in) operating activities:    
Net earnings (loss) $ 340.2 $ (717.3)
Adjustments to reconcile net earnings (loss) to cash provided by operating activities:    
Depreciation and amortization 535.2 508.7
Share-based compensation 46.4 38.3
Goodwill and intangible asset impairment 16.3 645.0
Changes in operating assets and liabilities, net of acquired assets and liabilities    
Income taxes (37.3) (46.1)
Receivables 5.3 272.7
Inventories (94.4) (122.6)
Accounts payable and accrued liabilities (56.3) (233.9)
Other assets and liabilities (55.0) 53.3
Net cash provided by operating activities 700.4 398.1
Cash flows provided by (used in) investing activities:    
Additions to instruments (150.5) (159.3)
Additions to other property, plant and equipment (54.7) (59.2)
Net investment hedge settlements (9.6) 26.8
Other investing activities (17.4) (14.8)
Net cash used in investing activities (232.2) (206.5)
Cash flows provided by (used in) financing activities:    
Proceeds from senior notes   1,497.1
Redemption of senior notes (200.0) (1,500.0)
Dividends paid to stockholders (99.8) (99.1)
Proceeds from employee stock compensation plans 91.5 61.7
Net cash flows from unremitted collections from factoring programs   (19.6)
Business combination contingent consideration payments (6.5) (7.5)
Debt issuance costs   (19.4)
Other financing activities (9.3) (6.1)
Net cash used in financing activities (224.1) (92.9)
Effect of exchange rates on cash and cash equivalents (3.8) (3.2)
Increase in cash and cash equivalents 240.3 95.5
Cash and cash equivalents, beginning of year 802.1 617.9
Cash and cash equivalents, end of period $ 1,042.4 $ 713.4