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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities    
Net Income $ 249.4 $ 230.2
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 29.6 26.2
Non-cash operating lease expense 23.8 18.5
Deferred income taxes 2.6 (3.8)
Net gain on disposal of property (0.3) (0.2)
Losses on impairment of assets 0.3  
Earnings on investment in employee deferred compensation trust (0.2)  
Net income attributable to noncontrolling interests (0.4) (0.4)
Changes in assets and liabilities:    
Trade receivables 32.6 (184.7)
Merchandise inventory 124.0 (141.0)
Other current assets 6.4 (11.3)
Other non-current assets (1.2) (1.3)
Trade accounts payable (72.7) 250.5
Accrued payroll and benefit costs (108.3) (59.8)
Other current liabilities (14.0) (0.8)
Other non-current liabilities (33.6) (18.0)
Total adjustments to net income (11.4) (126.1)
Net cash provided by operating activities 238.0 104.1
Cash Flows from Investing Activities    
Proceeds from disposal of property 0.6 0.4
Capital expenditures for property (37.1) (22.9)
Acquisitions, net of cash acquired (157.5)  
Investment in employee deferred compensation trust (25.0)  
Net cash used by investing activities (219.0) (22.5)
Cash Flows from Financing Activities    
Net decrease in short-term borrowings (18.6) (42.0)
Principal payments under finance arrangements (0.9) (1.1)
Sales of common stock 16.9 14.6
Purchases of common stock (11.5) (8.3)
Purchases of noncontrolling interests’ common stock (0.2) (0.4)
Dividends paid (16.1) (13.9)
Net cash used by financing activities (30.4) (51.1)
Net (Decrease) Increase in Cash (11.4) 30.5
Cash, Beginning of Year 69.4 48.5
Cash, End of Period 58.0 79.0
Non-cash Investing and Financing Activities    
Acquisitions of equipment under finance leases 0.4 1.2
Acquisitions of assets under operating leases $ 25.0 $ 28.9