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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities    
Net Income $ 81.4 $ 65.8
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 25.1 24.4
Non-cash operating lease expense 14.5 0.0
Deferred income taxes (3.6) (1.8)
Net gains on disposal of property 0.0 0.1
Net income attributable to noncontrolling interests (0.1) (0.2)
Changes in assets and liabilities:    
Trade receivables 4.2 (87.9)
Merchandise inventory (30.8) (43.4)
Other current assets 1.3 8.0
Other non-current assets (0.3) (9.0)
Trade accounts payable 57.9 58.3
Accrued payroll and benefit costs (77.8) (43.5)
Other current liabilities (5.3) (12.1)
Other non-current liabilities 3.2 16.0
Total adjustments to net income (11.7) (91.3)
Net cash provided (used) by operating activities 69.7 (25.5)
Cash Flows from Investing Activities    
Proceeds from disposal of property 0.2 0.3
Capital expenditures for property (11.4) (19.3)
Net cash used by investing activities (11.2) (19.0)
Cash Flows from Financing Activities    
Net (decrease) increase in short-term borrowings (48.5) 60.4
Principal payments under finance leases (2.6) (3.0)
Sale of common stock 13.0 12.5
Purchases of common stock (10.8) (9.2)
Purchases of noncontrolling interests’ common stock (0.3) (0.2)
Dividends paid (13.0) (11.7)
Net cash (used) provided by financing activities (62.2) 48.8
Net (Decrease) Increase in Cash (3.7) 4.3
Cash, Beginning of Year 58.9 42.8
Cash, End of Period 55.2 47.1
Non-cash Investing and Financing Activities    
Acquisitions of equipment under finance leases 1.5 1.1
Acquisitions of assets under operating leases 29.2 0.0
Acquisition of software and maintenance under financing arrangement $ 0.0 $ 5.0