XML 43 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Recent Accounting Pronouncements (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Income Statement Related Disclosures [Abstract]      
Net sales $ 3,606.4 $ 3,256.0  
Gross profit 603.9 $ 553.5  
Gross profit margin   17.00%  
Income from operations 204.1 $ 170.7  
Income tax (expense) benefit (38.7) (16.3)  
Net income $ 127.0 $ 58.2  
Net income per common share:      
Basic (in dollars per share) $ 0.83 $ 0.36  
Diluted (in dollars per share) $ 0.82 $ 0.36  
Balance Sheet Related Disclosures [Abstract]      
Accounts receivable, net of allowance for doubtful accounts of $6.2 for both periods $ 2,274.0   $ 2,329.3
Merchandise inventory 485.8   411.5
Miscellaneous receivables 310.2   343.0
Prepaid expenses and other 188.9   168.3
Total current assets 3,479.9   3,396.3
Other assets 47.1   32.7
Total assets 7,027.9   6,966.7
Contract liabilities 193.6   158.8
Income taxes 56.7   16.2
Other 204.9   221.8
Total current liabilities 2,582.5   2,522.1
Total liabilities     5,981.1
Total stockholders’ equity $ 996.9   982.9
Total stockholders’ equity     985.6
As Reported      
Income Statement Related Disclosures [Abstract]      
Net sales   $ 3,324.7  
Gross profit   $ 552.6  
Gross profit margin   16.60%  
Income from operations   $ 169.8  
Income tax (expense) benefit   (16.0)  
Net income   $ 57.6  
Net income per common share:      
Basic (in dollars per share)   $ 0.36  
Diluted (in dollars per share)   $ 0.35  
Balance Sheet Related Disclosures [Abstract]      
Accounts receivable, net of allowance for doubtful accounts of $6.2 for both periods     2,320.5
Merchandise inventory     449.5
Miscellaneous receivables     336.5
Prepaid expenses and other     127.4
Total current assets     3,378.1
Other assets     40.8
Total assets     6,956.6
Contract liabilities     194.0
Income taxes     15.1
Other     180.2
Total current liabilities     2,514.6
Total liabilities     5,973.7
Total stockholders’ equity     982.9
New Revenue Standard Adjustment | Accounting Standards Update 2014-09      
Income Statement Related Disclosures [Abstract]      
Net sales   $ (68.7)  
Gross profit   $ 0.9  
Gross profit margin   0.40%  
Income from operations   $ 0.9  
Income tax (expense) benefit   (0.3)  
Net income   $ 0.6  
Net income per common share:      
Basic (in dollars per share)   $ 0.00  
Diluted (in dollars per share)   $ 0.01  
Balance Sheet Related Disclosures [Abstract]      
Accounts receivable, net of allowance for doubtful accounts of $6.2 for both periods     8.8
Merchandise inventory     (38.0)
Miscellaneous receivables     6.5
Prepaid expenses and other     40.9
Total current assets     18.2
Other assets     (8.1)
Total assets     10.1
Contract liabilities     (35.2)
Income taxes     1.1
Other     41.6
Total current liabilities     7.5
Total liabilities     7.5
Total stockholders’ equity     $ 2.7