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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities    
Net Income $ 47.3 $ 21.5
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 12.2 13.2
Non-cash operating lease expense 8.5 8.2
Deferred income taxes (4.4) (1.1)
Net income attributable to noncontrolling interests (0.1) (0.1)
Changes in assets and liabilities:    
Trade receivables (29.4) (41.3)
Merchandise inventory (36.6) 7.6
Other current assets (0.9) (4.5)
Other non-current assets (0.6) (1.1)
Trade accounts payable 95.5 68.4
Accrued payroll and benefit costs (22.0) (49.0)
Other current liabilities 4.7 (27.6)
Other non-current liabilities (5.5) (6.6)
Total adjustments to net income 21.4 (33.9)
Net cash provided (used) by operating activities 68.7 (12.4)
Cash Flows from Investing Activities    
Proceeds from disposal of property 0.3  
Capital expenditures for property (10.0) (8.1)
Acquisition of business, net of cash acquired (0.1)  
Net cash used by investing activities (9.8) (8.1)
Cash Flows from Financing Activities    
Net (decrease) increase in short-term borrowings (50.0) 132.0
Principal payments under finance arrangements (0.7) (2.2)
Sales of common stock 11.1 10.5
Purchases of common stock (4.3) (4.2)
Purchases of noncontrolling interests’ common stock (0.5) (0.1)
Dividends paid (6.9) (6.9)
Net cash (used) provided by financing activities (51.3) 129.1
Net Increase in Cash 7.6 108.6
Cash, Beginning of Year 131.2 60.8
Cash, End of Period 138.8 169.4
Non-cash Investing and Financing Activities:    
Acquisitions of equipment under finance leases 0.2 0.2
Acquisitions of assets under operating leases $ 10.2 $ 16.0