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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities    
Net Income $ 367.5 $ 356.5
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 47.6 39.6
Non-cash operating lease expense 36.8 28.7
Deferred income taxes 22.5 (8.9)
Net gain on disposal of property (0.5) (0.2)
Losses on impairment of assets 0.4  
Non-cash pension settlement charge   15.9
Earnings on investment in employee deferred compensation trust (0.5)  
Net income attributable to noncontrolling interests (0.8) (0.6)
Changes in assets and liabilities:    
Trade receivables (10.1) (260.7)
Merchandise inventory 162.9 (184.5)
Other current assets 1.7 (20.7)
Other non-current assets (1.1) (1.7)
Trade accounts payable (27.2) 238.4
Accrued payroll and benefit costs (57.4) (22.7)
Other current liabilities (5.6) 24.8
Other non-current liabilities (119.7) (38.1)
Total adjustments to net income 49.0 (190.7)
Net cash provided by operating activities 416.5 165.8
Cash Flows from Investing Activities    
Proceeds from disposal of property 0.8 0.5
Capital expenditures for property (58.7) (41.1)
Acquisitions, net of cash acquired (380.2) (18.7)
Investment in employee deferred compensation trust (25.0)  
Net cash used by investing activities (463.1) (59.3)
Cash Flows from Financing Activities    
Net increase (decrease) in short-term borrowings 70.4 (83.0)
Principal payments under finance arrangements (1.3) (1.7)
Sales of common stock 20.3 18.0
Purchases of common stock (16.0) (11.6)
Sales of noncontrolling interests’ common stock 1.5  
Purchases of noncontrolling interests’ common stock (0.2) (0.4)
Dividends paid (24.2) (20.9)
Net cash provided (used) by financing activities 50.5 (99.6)
Net Increase in Cash 3.9 6.9
Cash, Beginning of Year 69.4 48.5
Cash, End of Period 73.3 55.4
Non-cash Investing and Financing Activities    
Acquisitions of equipment under finance leases 0.5 1.3
Acquisitions of assets under operating leases $ 53.2 $ 55.3