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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities    
Net Income $ 125.0 $ 102.4
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 14.3 13.0
Non-cash operating lease expense 11.7 9.1
Deferred income taxes 1.9 (2.9)
Net gain on disposal of property   (0.1)
Net income attributable to noncontrolling interests (0.2) (0.2)
Changes in assets and liabilities:    
Trade receivables (6.4) (90.5)
Merchandise inventory 63.4 (57.7)
Other current assets 0.8 (10.9)
Other non-current assets (0.9) (1.5)
Trade accounts payable (87.9) 134.0
Accrued payroll and benefit costs (61.3) (44.7)
Other current liabilities 5.4 18.0
Other non-current liabilities (18.8) (9.8)
Total adjustments to net income (78.0) (44.2)
Net cash provided by operating activities 47.0 58.2
Cash Flows from Investing Activities    
Proceeds from disposal of property 0.2 0.2
Capital expenditures for property (18.6) (8.2)
Net cash used by investing activities (18.4) (8.0)
Cash Flows from Financing Activities    
Net increase (decrease) in short-term borrowings 76.2 (54.2)
Principal payments under finance arrangements (0.4) (0.6)
Sales of common stock 12.8 11.5
Purchases of common stock (5.4) (4.1)
Purchases of noncontrolling interests’ common stock (0.2) (0.3)
Dividends paid (8.0) (7.0)
Net cash provided (used) by financing activities 75.0 (54.7)
Net Increase (Decrease) in Cash 103.6 (4.5)
Cash, Beginning of Year 69.4 48.5
Cash, End of Period 173.0 44.0
Non-cash Investing and Financing Activities    
Acquisitions of equipment under finance leases 0.1 0.2
Acquisitions of assets under operating leases $ 9.2 $ 5.9