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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities      
Net Earnings $ 130.1 $ 420.4 $ 677.0
Net (Loss) Earnings from Discontinued Operations, Net of Tax 19.2 12.2 4.3
Net Earnings from Continuing Operations 149.3 432.6 681.3
Depreciation and Amortization 288.8 272.9 231.2
Stock Compensation Expense 23.4 22.4 21.9
Asset Impairment Charges 91.7 19.5 18.9
Deferred Income Taxes (15.6) 16.4 (18.9)
Equity Method Investment, Other-than-Temporary Impairment 0.0 19.2 0.0
Changes in Certain Current Assets and Current Liabilities      
Change in Accounts and Notes Receivable 45.0 54.5 (74.6)
Change in Inventory 112.8 0.7 (292.8)
Change in Prepaid Expenses and Other, Excluding Income Taxes 5.8 23.3 37.9
Change in Accounts Payable (144.2) (86.1) (12.2)
Change in Accrued Expenses (104.0) (22.8) (8.9)
Increase (Decrease) in Contract with Customer, Liability 9.5 14.6 13.0
Income Taxes (26.5) (2.4) (1.0)
Other, Net 13.5 (19.6) (15.4)
Net Cash Provided by Operating Activities of Continuing Operations 449.5 745.2 580.4
Net Cash Used for Operating Activities of Discontinued Operations (18.1) (11.6) 5.7
Net Cash Provided by Operating Activities 431.4 733.6 586.1
Cash Flows from Investing Activities      
Capital Expenditures (167.4) (289.3) (388.3)
Payments to Acquire Debt Securities, Available-for-sale (80.9) 0.0 (60.1)
Payments for (Proceeds from) Investments (2.9) 4.6 11.2
Acquisition of Businesses, Net of Cash Acquired (31.8) (103.6) (93.8)
Proceeds from the Sale of Property, Plant and Equipment 15.0 14.8 11.3
Proceeds from Sales of Business, Affiliate and Productive Assets 9.5 0.0 0.0
Other, net 1.7 0.0 (42.5)
Net Cash Used for Investing Activities (168.9) (378.9) (443.2)
Cash Flows from Financing Activities      
Net Proceeds From Issuances of Short-Term Debt 201.1 4.7 132.2
Repayment of Short-Term Debt (87.4) (8.6) (125.0)
Net Proceeds from Issuances of Long-Term Debt 396.9 0.0 741.8
Payments of Long-Term Debt Including Current Maturities (613.2) (82.3) (59.1)
Payment for Debt Extinguishment or Debt Prepayment Cost (12.5) 0.0 (0.1)
Common Stock Repurchases (200.0) (275.0) (450.0)
Cash Dividends Paid (112.3) (112.0) (108.6)
Tax Witholding Associated with Shares Issued for Share-Based Compensation (9.3) (13.8) (16.4)
Other, Net (6.0) 0.0 (4.0)
Net Cash Used for Financing Activities (442.7) (487.0) 110.8
Effect of Exchange Rate Changes (12.8) 2.7 (11.9)
Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash (193.0) (129.6) 241.8
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 478.9 608.5 366.7
Cash and Cash Equivalents and Restricted Cash at End of Period 285.9 478.9 608.5
Less: Restricted Cash 16.9 11.1 12.9
Cash and Cash Equivalents at End of Period 269.0 467.8 595.6
Supplemental Cash Flow Disclosures:      
Interest Paid 140.2 117.2 95.3
Income Taxes Paid, Net 93.5 175.4 196.9
Sales or Maturities of Marketable Securities $ 82.1 $ 3.8 $ 56.4