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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities    
Net Income $ 356.5 $ 202.1
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 39.6 36.7
Non-cash operating lease expense 28.7 25.8
Deferred income taxes (8.9) (12.4)
Net gain on disposal of property (0.2) (9.6)
Non-cash pension settlement charge 15.9 16.7
Net income attributable to noncontrolling interests (0.6) (0.5)
Changes in assets and liabilities:    
Trade receivables (260.7) (273.5)
Merchandise inventory (184.5) (180.1)
Other current assets (20.7) 2.4
Other non-current assets (1.7) 0.3
Trade accounts payable 238.4 252.7
Accrued payroll and benefit costs (22.7) 10.1
Other current liabilities 24.8 35.8
Other non-current liabilities (38.1) (14.9)
Total adjustments to net income (190.7) (110.5)
Net cash provided by operating activities 165.8 91.6
Cash Flows from Investing Activities    
Proceeds from disposal of property 0.5 10.0
Capital expenditures for property (41.1) (33.6)
Acquisitions, net of cash acquired (18.7) (3.8)
Net cash used by investing activities (59.3) (27.4)
Cash Flows from Financing Activities    
Net decrease in short-term borrowings (83.0) (44.5)
Principal payments under finance arrangements (1.7) (1.8)
Payment of deferred financing fees   (2.2)
Sales of common stock 18.0 18.0
Purchases of common stock (11.6) (12.5)
Sales of noncontrolling interests’ common stock   1.1
Purchases of noncontrolling interests’ common stock (0.4) (0.5)
Dividends paid (20.9) (20.6)
Net cash used by financing activities (99.6) (63.0)
Net Increase in Cash 6.9 1.2
Cash, Beginning of Year 48.5 131.2
Cash, End of Period 55.4 132.4
Non-cash Investing and Financing Activities    
Acquisitions of equipment under finance leases 1.3 0.3
Acquisitions of assets under operating leases $ 55.3 $ 28.5