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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 349.5 $ 300.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 129.3 132.9
Equity-based compensation expense 24.9 19.1
Deferred income taxes (22.5) (28.1)
Other 6.4 5.1
Changes in assets and liabilities:    
Accounts receivable (230.1) (295.2)
Merchandise inventory (197.3) (167.7)
Other assets (109.6) (62.2)
Accounts payable-trade 414.9 386.8
Other liabilities 49.0 41.6
Net cash provided by operating activities 414.5 332.3
Cash flows used in investing activities:    
Capital expenditures (43.9) (33.6)
Acquisition of business, net of cash acquired (75.0) 0.0
Net cash used in investing activities (118.9) (33.6)
Cash flows used in financing activities:    
Proceeds from borrowings under revolving credit facility 891.0 488.1
Repayments of borrowings under revolving credit facility (815.0) (474.4)
Repayments of long-term debt (9.6) (7.5)
Net change in accounts payable-inventory financing 36.3 (110.4)
Repurchases of common stock (332.2) (176.4)
Payment of incentive compensation plan withholding taxes (11.6) (8.7)
Dividend payments (86.3) (63.8)
Other 22.2 14.9
Net cash used in financing activities (305.2) (338.2)
Effect of exchange rate changes on cash and cash equivalents (1.7) (4.0)
Net decrease in cash and cash equivalents (11.3) (43.5)
Cash and cash equivalents—beginning of period 205.8 144.2
Cash and cash equivalents—end of period 194.5 100.7
Supplementary disclosure of cash flow information:    
Interest paid (76.0) (74.5)
Taxes paid, net $ (115.2) $ (118.4)