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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities    
Net Income $ 326.6 $ 367.5
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 59.9 47.6
Non-cash operating lease expense 44.5 36.8
Deferred income taxes 15.2 22.5
Net gain on disposal of property (6.2) (0.5)
Losses on impairment of assets   0.4
Earnings on investment in employee deferred compensation trust (1.0) (0.5)
Net income attributable to noncontrolling interests (0.8) (0.8)
Changes in assets and liabilities:    
Trade receivables (133.4) (10.1)
Merchandise inventory 26.7 162.9
Other current assets (22.6) 1.7
Other non-current assets (44.8) (1.1)
Trade accounts payable 112.1 (27.2)
Accrued payroll and benefit costs (19.3) (57.4)
Other current liabilities 9.8 (5.6)
Non-current liabilities (62.5) (119.7)
Total adjustments to net income (22.4) 49.0
Net cash provided by operating activities 304.2 416.5
Cash Flows from Investing Activities    
Proceeds from disposal of property 13.7 0.8
Capital expenditures for property (37.9) (58.7)
Amounts attributable to acquisitions (146.3) (380.2)
Investment in employee deferred compensation trust (0.6) (25.0)
Net cash used by investing activities (171.1) (463.1)
Cash Flows from Financing Activities    
Net increase in short-term borrowings   70.4
Principal payments under finance arrangements (1.2) (1.3)
Sales of common stock 23.0 20.3
Purchases of common stock (19.2) (16.0)
Sales of noncontrolling interests’ common stock   1.5
Purchases of noncontrolling interests’ common stock (0.5) (0.2)
Dividends paid (29.1) (24.2)
Contingent consideration paid (2.3)  
Net cash (used) provided by financing activities (29.3) 50.5
Net Increase in Cash 103.8 3.9
Cash, Beginning of Year 98.6 69.4
Cash, End of Period 202.4 73.3
Non-cash Investing and Financing Activities:    
Acquisitions of equipment under finance leases   0.5
Acquisitions of assets under operating leases $ 47.3 $ 53.2