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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities    
Net Income $ 202.1 $ 93.2
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 36.7 39.6
Non-cash operating lease expense 25.8 25.3
Deferred income taxes (12.4) (15.2)
Net (gain) loss on disposal of property (9.6) 0.4
Non-cash pension settlement charge 16.7 17.7
Change in contingent consideration 1.8  
Net income attributable to noncontrolling interests (0.5) (0.2)
Changes in assets and liabilities:    
Trade receivables (273.5) (13.6)
Merchandise inventory (180.1) 82.5
Other current assets 2.4 (1.0)
Other non-current assets (1.5) (0.8)
Trade accounts payable 252.7 42.8
Accrued payroll and benefit costs 10.1 (51.6)
Other current liabilities 35.8 22.1
Other non-current liabilities (14.9) (26.1)
Total adjustments to net income (110.5) 121.9
Net cash provided by operating activities 91.6 215.1
Cash Flows from Investing Activities    
Proceeds from disposal of property 10.0 0.2
Capital expenditures for property (33.6) (25.3)
Acquisition of business, net of cash acquired (3.8)  
Net cash used by investing activities (27.4) (25.1)
Cash Flows from Financing Activities    
Net decrease in short-term borrowings (44.5) (13.0)
Principal payments under finance arrangements (1.8) (3.3)
Payment of deferred financing fees (2.2)  
Sales of common stock 18.0 17.1
Purchases of common stock (12.5) (13.3)
Sales of noncontrolling interests’ common stock 1.1  
Purchases of noncontrolling interests’ common stock (0.5) (0.8)
Dividends paid (20.6) (20.5)
Net cash used by financing activities (63.0) (33.8)
Net Increase in Cash 1.2 156.2
Cash, Beginning of Year 131.2 60.8
Cash, End of Period 132.4 217.0
Non-cash Investing and Financing Activities:    
Acquisitions of equipment under finance leases 0.3 0.3
Acquisitions of assets under operating leases $ 28.5 $ 31.4