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Consolidated and Combined Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net earnings $ 1,044.5 $ 872.3 $ 863.8
Noncash items:      
Depreciation 108.8 90.7 88.1
Amortization 65.3 85.7 88.8
Stock-based compensation expense 48.6 45.3 35.2
Gain from acquisition (15.3) 0.0 0.0
Gain on sale of real property (8.0) 0.0 0.0
Impairment charge on intangible assets 2.3 4.8 12.0
Change in deferred income taxes (78.2) (10.0) 8.0
Change in accounts receivable, net (65.4) 24.8 (51.8)
Change in inventories 14.3 (28.7) (27.7)
Change in trade accounts payable 24.9 17.2 53.6
Change in prepaid expenses and other assets (100.4) (16.3) (61.3)
Change in accrued expenses and other liabilities 135.0 51.1 0.3
Net cash provided by operating activities 1,176.4 1,136.9 1,009.0
Cash flows from investing activities:      
Cash paid for acquisitions (1,556.6) (190.1) (37.1)
Payments for additions to property, plant and equipment (136.1) (129.6) (120.1)
Proceeds from sale of real property 21.5 9.0 2.3
All other investing activities 1.5 (0.1) (19.2)
Net cash used in investing activities (1,669.7) (310.8) (174.1)
Cash flows from financing activities:      
Net proceeds from borrowings (maturities of 90 days or less) 557.6 375.2 0.0
Proceeds from borrowings (maturities longer than 90 days) 125.9 2,978.1 0.0
Payments of dividends (97.2) (48.4) 0.0
Cash dividend paid to Former Parent 0.0 (3,000.0) 0.0
Net Transfers To Former Parent 0.0 (301.4) (834.9)
All other financing activities 13.4 0.3 0.0
Net cash provided by (used in) financing activities 599.7 3.8 (834.9)
Effect of exchange rate changes on cash and equivalents 52.5 (26.7) 0.0
Net change in cash and equivalents 158.9 803.2 0.0
Beginning balance of cash and equivalents 803.2 0.0 0.0
Ending balance of cash and equivalents $ 962.1 $ 803.2 $ 0.0